Author: Investor Empires
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Trump Leads Biden in Monthly Campaign Fundraising for First Time
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Breadcrumb links BMN Business Donald Trump raised more money last month than Joe Biden for the first time this election cycle, but the president’s campaign still has a wide financial advantage over his Republican rival. Article writer: Bloomberg News Bill Allison Posted on May 20, 2024 • Last updated 30…
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Daily Broad Market Recap – May 20, 2024
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With not many high-level economic releases, markets focused on the Fed’s speech and other asset-specific catalysts. What headlines caught traders’ attention on Monday? We have deets! Titles: The markets of Switzerland, Germany, France and Canada are on holiday Correct movement: Average property prices coming to market in the UK Up…
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Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors
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US Bankruptcy Judge Sean Lin approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return nearly $3 billion in cash and cryptocurrencies to its creditors. This ruling means that the parent company, Digital Currency Group (DCG), will not recover anything from the bankruptcy proceedings.…
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Not a blow that Israel can shrug off
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The Prosecutor of the International Criminal Court in The Hague, Karim Khan, announced today that he will submit requests for arrest warrants against Prime Minister Benjamin Netanyahu and Defense Minister Yoav Galant, as well as against Yahya Sinwar and prominent Hamas figures Mohammed Deif and Ismail Haniyeh. . Who decides…
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Is $68,500 Bitcoin Recovery A Deadcat Bounce? What Data Says
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Here’s what futures market data could suggest about whether Bitcoin’s recent rebound will be a dead bounce. The Bitcoin futures market shows no signs of overheating yet As one of the analysts at CryptoQuant Quicktake explained mail, the BTC funding rate has stabilized around a relatively low value recently. The…
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Australia’s Telstra to axe up to 2,800 jobs by year-end to cut costs By Reuters
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(Reuters) – Australian telecommunications company Telstra (OTC:) said on Tuesday it would cut up to 2,800 jobs from its direct workforce by the end of this year, as part of its proposed measures to streamline operations and cut costs. Telstra said consultations on 377 of these roles would begin immediately,…
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Scarlett Johansson says OpenAI chatbot voice ‘eerily similar’ to hers By Reuters
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Written by Dawn Chmielowski and Anna Tong Scarlett Johansson on Monday accused OpenAI of creating a voice for the ChatGPT system that sounded “eerily similar” to the actress after she refused to voice the chatbot herself. Johansson made the comments in a statement issued hours after the artificial intelligence company…
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Case Study: Enabling Bitcoin as a Medium of Exchange at the Bitcoin Asia Conference in Hong Kong
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The Bitcoin Asia conference held on May 9-10, 2024 in Hong Kong demonstrated a significant milestone in the adoption of Bitcoin as a legitimate medium of exchange. This article describes the strategies and technologies applied to facilitate seamless Bitcoin transactions of goods and services over the course of two days,…
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3 Artificial Intelligence Stocks to Buy Now and Hold for Decades
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Artificial intelligence (AI) is a game-changing technology, but it will take many years, perhaps decades, to change the world. This means there is still time to position your investment portfolio to benefit from AI and reap the benefits of this new technology and its long-term impact. We know that AI…
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FMAS:24 Underway with Networking Blitz Opening Party
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The Finance Magnates Africa Summit (FMAS:24) officially kicks off in Sandton, South Africa with the opening ceremony of the Networking Blitz! After months of anticipation, industry leaders and biggest brands gathered at the Sandton Convention Center for a night of entertainment, networking and mingling. This unique event helps set the…
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Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000
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After enduring a significant 20% correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It broke the key resistance level of $66,000 and turned it into a new support area.…
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Oil prices edge lower, giving up early gains from death of Iran’s president (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images US crude oil futures on Monday failed to maintain the $80 level reached last week, as two US Federal Reserve officials said they had not yet concluded that inflation trends are back to the central bank’s 2% target. Waiting for more signs of declining inflation…
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BofA sees further dollar depreciation, expects G10 FX to stay in range By Investing.com
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Bank of America (BofA) analysts on Monday provided insights into the current state of the G10 foreign exchange (FX) markets, citing a general feeling of disappointment among investors over the lack of market volatility. Despite the recent reversal in the US Dollar (USD), the major currency pairs did not move…
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Bitcoin price surges past $70k as daily trading volume soars
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Bitcoin (BTC) rose to $70,000 on Monday, its first rise to that level in more than a month. At the time of writing, Bitcoin’s price is up 5.8% in the past 24 hours and more than 10% in the past week. This increase comes ahead of the FIT21 Act vote…
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Where web developers are commanding the biggest salaries
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Over the past two or three decades, web development has been a growing industry, with millions of people able to develop relatively lucrative career paths. The typical web developer in the United States earns $92,750 per year, According to the data From the Bureau of Labor Statistics. Web developers “take…
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Where web developers are commanding the biggest salaries
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Over the past two or three decades, web development has been a growing industry, with millions of people able to develop relatively lucrative career paths. The typical web developer in the United States earns $92,750 per year, According to the data From the Bureau of Labor Statistics. Web developers “take…
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US (dis?) inflation – Target to cut prices on another 5000 items
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US retailer Target has reduced prices on more than 1,500 popular products, effective Monday. It promises “thousands of additional price cuts” (up to 5,000 times) in the future. This is said to be in response to attracting “inflation-wary shoppers who are put off by rising prices”. Information comes through many…
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Here’s How Much LTC Litecoin Whales Have Accumulated in The Past 30 Days
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As the re-accumulation phase of this cycle continues, Litecoin whales have taken advantage of this flurry, and refuse to be dismissed. Data from cryptocurrency market intelligence platform IntoTheBlock open The largest LTC investors have amassed more than 2.75 million LTC in the past 30 days, indicating significant activity. LItecoin whales…
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Joseph Kamau appointed as Athi Water Works CEO
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The Cabinet Minister for Water, Sanitation and Irrigation, Zakaria Njiru, has appointed Joseph Mungai Kamau as the CEO of the Athi Water Works Development Agency following the completion of a competitive recruitment process by the state company’s Board of Directors. Mr Kamau takes over from Michael Thwaita who was suspended…
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Stocks aren’t attractive at the moment: JPMorgan By Investing.com
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JPMorgan Chase & Co.’s bank custodian. (NYSE:) on its notoriously bearish stance on the stock, advising clients that the stock does not represent an attractive investment opportunity at this time. The broker’s market strategists pointed to several factors that reinforce this perspective, including high equity valuations, tight credit spreads, and…