Category: rising
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Crypto crime is rising, investigators need more
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As cryptocurrency use cases increase, tracking cryptocurrency-related crimes is becoming more difficult, according to a new report. Cryptocurrency-related crimes and investigations, as revealed in a new analysis by Chainalysis a report, has become complex and resource-intensive compared to regular criminal investigations. This adds to the critical role that public sector…
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Crude oil climbs to highest since April on rising geopolitical risks (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures posted back-to-back gains to settle at a seven-week high on Tuesday, with geopolitics returning to influence markets with renewed ship attacks in the Red Sea and Ukrainian drone attacks on Russian ships. Oil and energy infrastructure. Prices rose after a Ukrainian drone…
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Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
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Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…
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Inflation seen rising above Bank of Israel target range
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Israel’s Consumer Price Index (CPI) for May will be published tomorrow and the outlook is not optimistic. Analysts agree that the consumer price index rose by 0.5%-0.6% in May, bringing the inflation rate over the past 12 months to 3.1%-3.2%. This will be the first time this year that inflation…
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Rising food, electricity prices push May inflation up to 5.1pc
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The cost of living rose slightly in May, with inflation rising to 5.1 percent from five percent in April due to higher costs of food and electricity. The Food and Non-Alcoholic Beverages Index, which accounts for food prices, rose by 6.2 percent year-on-year compared to May of last year and…
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Panama prepares to evacuate first island in face of rising sea level
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Breadcrumb links BMN Business Article writer: Associated Press Mathias Delacroix and Juan Zamorano Published on June 1, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content GARDE SUJDUP, Panama (AP) — On a small…
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Millennial Homeownership Reaches 12-Year High Amid Rising Wages
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Homeownership among millennials has risen to its highest level in more than a decade, driven by a significant rise in income among young people, according to recent research by the Institute for Fiscal Studies (IFS). The IFS findings reveal a marked recovery in property ownership among 25- to 34-year-olds, which…
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Dow closes lower on rising yields, plunge in American Airlines By Investing.com
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Investing.com — The Dow Jones closed sharply lower on Wednesday, driven by higher Treasury yields and weaker industries as airline stocks fell sharply on concerns about demand after American Airlines Inc. cut its second-quarter earnings guidance. At 16:00 EDT (20:00 GMT), it was down 411 points or 1.1%, down 0.8%,…
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US futures sink as rising Treasury yields rattle nerves
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Dow Jones futures fell more than 200 points as US stocks entered the red on Wednesday, after a rise in Treasury yields unnerved investors already considering whether the latest data will change the direction on interest rates. Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) futures fell 0.6%, after…
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Forexlive Americas FX news wrap 28 May: USD rebounds helped by rising yields &confidence
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US consumer confidence came in much better than expected in the US session. The index moved to 102.00 versus estimates of 95.9 details: The current situation index is 143.1 compared to 142.9 previously Expectations Index 74.6 compared to the previous 66.4 Hard-to-find jobs 13.5 vs. 15.5 previously 16.9% of consumers…
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Apple’s rising growth amid China’s smartphone boom By Investing.com
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Investing.com – Analysts at Evercore Partners Inc (NYSE:) recently provided a detailed look at the performance of the Chinese smartphone market, highlighting the second straight month of accelerating shipments. According to the analysis, the market saw a significant year-on-year increase of nearly 29% in April, a notable improvement compared to…
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This Why Chainlink (LINK) Could Keep Rising in the Following Months: Analysts Chip in
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Turkish lire; Dr While the broader cryptocurrency market corrected, Chainlink (LINK) rose to nearly $19, recording a daily increase of 6%. Analysts expect further gains for the asset, supported by rising whale activity and key partnerships. Metrics show high transaction volume and a shift from exchanges to self-custody, indicating reduced…
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US asset prices are rising despite falling money supply By Investing.com
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Gavical Research experts highlighted the unusual trend of rising US asset prices despite the contraction of the money supply, which is a deviation from the typical correlation where excessive growth in the money supply leads to an increase in asset prices. While the traditional link showed signs of weakness, US…
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Elbit Systems conundrum: Rising orders, falling stock
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Defense budgets around the world are rising, and defense companies are benefiting from the growing demand for their products. Elbit Systems (TASE: ESLT, Nasdaq: ESLT) also continues to report large contracts. Its backlog of purchase orders reached a record $17.8 billion at the end of last year, and just this…
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Rising Benefits and Tax Cuts Push UK Borrowing to Three-Year High
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UK government borrowing rose to £20.5 billion in April, its highest level in three years. This increase was driven by a growing benefits bill and a decline in tax revenues following reductions in National Insurance contributions. Official figures from the Office for National Statistics (ONS) revealed that borrowing exceeded both…
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Rising yields put some pressure on equities
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SPX daily The energy market may be the tail wagging the dog today. West Texas Intermediate crude rose 1% and is near $80, while July natural gas is near $2.75 as US production declines. Oil was as low as $76.70 on Wednesday, but quickly turned around after signs emerged that…
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Solana trader nets $780K in 15 minutes, rising altcoin wins over Ripple whales
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Solana Trader’s $780K Profits Underscore Cryptocurrency’s Potential as InQubeta Attracts Ripple Whales’ Attention with Innovative Features. An anonymous Solana (SOL) trader recently made a huge profit of $780,000 in…