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Janet Yellen says lowering carbon emissions is ‘greatest economic opportunity’
U.S. Treasury Secretary Janet Yellen traveled to the mouth of the Amazon River on Saturday, where she made the case that combating climate change would boost economic growth in the region and around the world. The needed shift to reduce carbon emissions is “the greatest economic opportunity of the 21st…
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Paris Olympics opening ceremony draws 28.6 million US viewers, most since 2012 By Reuters
Written by Sheila Dang PARIS (Reuters) – The opening ceremony of the Paris Olympic Games drew 28.6 million U.S. viewers, according to preliminary data from Comcast Corp’s NBCUniversal on Saturday, making it the most-watched opening of a Summer Olympics since London in 2012. Friday’s celebration featured sports delegations floating down…
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Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA
Cardano has reached an important milestone with the impending Chang’e hard fork. This pivotal moment comes after Her latest upgrade Node validation program before the upgrade goes live. As the Cardano ecosystem prepares for this major update, the network is seeing a surge of activity that could set its course…
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Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA
Cardano has reached an important milestone with the impending Chang’e hard fork. This pivotal moment comes after Her latest upgrade Node validation program before the upgrade goes live. As the Cardano ecosystem prepares for this major update, the network is seeing a surge of activity that could set its course…
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Angela Kinyua’s love, loss and bold living
Angela Kinyua enters, her smile like a delicate sword, first to disarm and then to release. She welcomes you, and she welcomes you back. But to carry a certain warmth, she must have felt a certain coldness – and Angela, Montgomery Group’s managing director for East Africa, She stared directly…
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ForexLive European FX news wrap: A bit of respite ahead of the US PCE report
headlines: Markets: Australian Dollar Advances, Yen Lags During the Day European stocks rise; S&P 500 futures up 0.7% The yield on the 10-year US Treasury note fell 1.9 basis points to 4.236%. Gold rises 0.4% to $2,373.24 West Texas Intermediate crude fell 0.3% to $76.85. Bitcoin price rises 3.0% to…
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Hacked Crypto Exchange WazirX Unveils 55/45 Recovery Plan
The cryptocurrency landscape has seen its fair share of challenges, and the recent cybersecurity breach at India’s WazirX exchange was a stark reminder of the risks involved in the digital asset ecosystem. In the wake of the attack, which resulted in the theft of $230 million, or 45% of user…
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Hacked Crypto Exchange WazirX Unveils 55/45 Recovery Plan
The cryptocurrency landscape has seen its fair share of challenges, and the recent cybersecurity breach at India’s WazirX exchange was a stark reminder of the risks involved in the digital asset ecosystem. In the wake of the attack, which resulted in the theft of $230 million, or 45% of user…
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Labour Chancellor Rachel Reeves to Unveil £19bn Financial Shortfall and Outline Tax Increase Plans
Chancellor Rachel Reeves is set to unveil a £19bn deficit in the public finances, paving the way for an expected tax rise in the autumn. The announcement comes as it assesses fiscal challenges inherited from the previous conservative administration. An early audit has revealed “excess pressures” of around £19bn in…
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What would Trump 2.0 mean for inflation, energy policy and trade By Investing.com
With Donald Trump’s chances of a second term increasing in the wake of recent developments, his policy priorities are expected to have mixed effects on inflation, energy policy, trade, and other important issues. Inflation appears to be a key focus of a potential Trump administration. In his acceptance speech at…
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Ethereum ETFs see $341.8m net outflows in first week, triggered by Grayscale’s ETHE
US Ethereum ETFs had a mixed start to the week, with net inflows to most ETFs overshadowing large net outflows from Grayscale’s ETHE converter fund. Data from Farside Investors Offers Ethereum (ETH) exchange-traded funds (ETFs) saw just over $162 million in total outflows on Friday, July 26, marking the third…
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Fed Is About to Nod at a Rate Cut as Job Growth Moderates
Breadcrumbs Path Links PMN Business Federal Reserve officials appear poised to cut borrowing costs within months, a move that Chair Jerome Powell may signal next week as risks to the strong but moderate labor market mount. Article author: Bloomberg News Red Pickert Published on July 27, 2024 • Read for…
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The AUD is the strongest and the JPY is the weakest as the NA session begins.
As the North American session begins, the Aussie is the strongest and the Japanese Yen is the weakest. This combination mirrors what has been more common with the Aussie (or New Zealand Dollar) being the weakest and the Japanese Yen the strongest. Unsurprisingly, there has been a pre-market rally in…
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Shiba Inu Competitor FLOKI Poised For Dogecoin-Like Rally, How High Can It Go?
A cryptocurrency analyst has predicted that the prominent meme coin and Shiba Inu’s rival, FLOKI Floki is expected to surge to new highs like Dogecoin. This bullish prediction comes on the heels of Floki’s recent listing on a leading cryptocurrency exchange, Bitstamp. Analysts expect Floki stock to surge similar to…
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Israeli cybersecurity co Dazz raises $50m
Israeli Unified Security Repair Company It passed Greylock today announced the closing of a $50 million funding round co-led by Cyberstarts, Insight Partners, and Index Ventures. This latest round brings the company’s total raised to $110 million. No valuation was disclosed, with TechCrunch reporting that the funds were raised at…
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What Harris vs. Trump means for cannabis stocks By Investing.com
A potential shift in the political landscape is putting a spotlight on cannabis stocks. According to equity research firm Zuanic & Associates, the recent news that President Biden will not seek re-election has sparked a positive reaction in the cannabis sector. Analysts at the firm point out that the possibility…
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University of Wyoming Launches First Bitcoin Research Institute
University of Wyoming (UW) established Bitcoin Research Institute at the University of Washingtonwhich represents the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, Associate Professor of Philosophy and author of Resistance Money: A Philosophical Argument for BitcoinMr. Reitler has been appointed as the opening moderator, taking to the…
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University of Wyoming Launches First Bitcoin Research Institute
University of Wyoming (UW) established Bitcoin Research Institute at the University of Washingtonwhich represents the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, Associate Professor of Philosophy and author of Resistance Money: A Philosophical Argument for BitcoinMr. Reitler has been appointed as the opening moderator, taking to the…
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Olympics-Athletics-Briton Christie says Lyles’ brash comments could backfire By Reuters
By Lori Ewing PARIS (Reuters) – Great British runner Linford Christie believes Noah Lyles would be better off letting his races speak for themselves, saying the American’s brash comments are fuelling rivalry between his rivals. Confident Lyles is not shy about achieving his goal of four gold medals at the…
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US inflation (PCE) data due imminently – here is the critical range to watch
I posted this during the Asian time zone, and I’m repeating it here. Before I do that, check this out: — The core personal spending data is due at 0830 ET and is the focus of attention. You can see the median estimates below in the table. The ranges for…