Category: falls
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Bitcoin Hits Record, Dollar Falls on Trump’s Inauguration Day
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Bitcoin hit a new peak above $109,000 and the US dollar fell on Monday, as investors pondered the fallout from Donald Trump’s second presidency. Stock futures rose, following gains achieved by stock markets in Asia and Europe. As of 12:05 PM EST, shortly after Trump was sworn in, contracts tied…
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Israel’s fiscal deficit falls below 7%
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Israel’s fiscal deficit narrowed for the third month in a row and ended 2024 at 6.9% of GDP, the Finance Ministry reported. The deficit in the twelve months until the end of December 2024 amounted to 136.2 billion shekels. After a year of war on several fronts and mass evacuations…
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Japan’s Household Spending Falls, Weighing on BOJ Rate Hike Path
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Breadcrumb links BMN Business Japanese households cut consumption for a fourth month as inflation continues to weigh on their purchasing power, showing economic fragility that is likely to make the Bank of Japan cautious about raising interest rates further. Article writer: Bloomberg News Yoshiaki Nohara Published on January 9, 2025…
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Solana (SOL) Falls Under $200: Temporary Setback or Trend Shift?
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Solana failed to cross the $225 resistance level and pared gains. SOL price is now below $200 and is showing some bearish signs. SOL price started a new decline after failing to stay above $220 against the US dollar. The price is now trading below the $200 level and the…
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Festive golden quarter falls short for UK retailers as shoppers hold back
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Britain’s retailers were dealt another blow after budget-conscious consumers reined in their Christmas spending, disappointing hopes for a bumper festive season and leaving the ‘golden quarter’ with only weak growth. Figures from the British Retail Consortium (BRC) and retail sales watchdog KPMG show that overall sales rose by just 0.4…
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Pay in Israel’s tech sector falls
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Salaries in Israel’s technology sector, which have always been high and which we are accustomed to seeing constantly rise, will take a hit in 2024, according to a comprehensive report from recruitment firm Ethosia, which specializes in technology jobs. According to the report released today, for the first time since…
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Oil falls on demand growth concerns, robust dollar
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Written by Ghislaine Lehr SINGAPORE (Reuters) – Oil prices fell on Friday on concerns about demand growth in 2025, especially in China, the largest importer of crude, putting global oil standards on track to end the week down about three percent. Brent crude futures fell 33 cents, or 0.45 percent,…
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Shiba Inu Falls Below $0.00002631 As Bears Dominate The Market, Time To Buy?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Ethereum Price Falls Short Above $4,000: Will Bulls Try Again?
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This article is also available in Spanish. Ethereum price failed to settle above the $4,000 area. ETH is correcting gains and may have difficulty staying above the $3,820 support area. Ethereum has started a downward correction from the $4,100 area. The price is trading below the $3,980 level and the…
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Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4
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Comcast (CMCSA) shares closed down nearly 10% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects the number of broadband subscribers to decline by more than 100,000 in the current quarter. Wall Street had expected the number of broadband subscribers to decline by about 63,300,…
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Starmer Triggers Labour Alarm After Early Reset Bid Falls Flat
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Breadcrumb links BMN Business Keir Starmer is facing calls from across the Labor Party for bolder policies and clearer messaging to reconnect with voters, after a major speech aimed at restarting his faltering UK premiership this week. Article writer: Bloomberg News Alex Wickham, Joe Mayes, and Ailbhay Rhea Published on…
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Flockerz Flies High As HAWK Falls 95%
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Scam or just another influencer-driven meme gone bad? This is the painful question investors are facing in the wake of the HAWK coin meme a couple of days ago. But did Haley Welch and her team pull off a classic hit, or was this simply the result of FUD affecting…
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Flockerz Flies High As HAWK Falls 95%
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Scam or just another influencer-driven meme gone bad? This is the painful question investors are facing in the wake of the HAWK coin meme a couple of days ago. But did Haley Welch and her team pull off a classic hit, or was this simply the result of FUD affecting…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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Unemployment in Israel falls to new low
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The unemployment rate in Israel fell to 2.5% in October, according to the Central Bureau of Statistics, compared to 2.7% in September. Unemployment, as defined in the broadest sense including the unemployed, employees placed on unpaid leave and those mobilized for reserve duty in the military, also fell to 3.4%…
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Private sector pay falls for first time in over 30 years
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The average monthly wage in Kenya’s private sector fell for the first time in more than three decades to Sh75,781, reflecting the impact of the country’s weak economy that has prompted companies to curb costs. The Kenya Revenue Authority (KRA) says pay per employee has fallen from Sh78,034 in the…
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Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses
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The Treasury’s bank referral scheme, which aims to increase access to finance for small businesses, has come under intense scrutiny after a recent audit revealed it secured loans for just one in twenty referred businesses. Under the scheme, nine major banks are required to refer small businesses that refuse loans…
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Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short
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This article is also available in Spanish. Ethereum price has started to rise again above the $2,550 resistance level. ETH follows Bitcoin’s rise, but lacks the same strength. Ethereum started a nice increase above the $2,600 area. The price is trading above the $2,550 level and the 100 hourly simple…