Month: October 2024
Trump’s crypto coin goes on sale with Election Day just three weeks out
Collect Trump Cards Source: Collecttrumpcards.com With shares of his nascent social media business in the midst of a sharp rebound and with just three weeks until the presidential election, Donald Trump is bringing his latest proposed money-making endeavor to market, this time in crypto. On Tuesday, the former president and current Republican nominee aims to […]
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Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets
People vote on the first day of Virginia’s in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia. Andrew Harnik | Getty Images A federal appeals court has fast-tracked the Commodity Futures Trading Commission’s case challenging the right of the event exchange Kalshi to offer U.S. political […]
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Canada and India expel each other’s diplomats in escalating dispute over a 2023 assassination
Canada and India each expelled six diplomats Monday in tit-for-tat moves as part of an escalating dispute over the June 2023 assassination of a Sikh activist in Canada. Foreign Minister Mélanie Joly said that Canada was expelling six Indian diplomats, including the high commissioner, after police uncovered evidence of a targeted campaign against Canadian citizens […]
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Trump Media stock surges as election betting odds shift, Truth Social launches streaming site
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump’s on-paper net worth. The recent DJT surge came as multiple online election betting markets appeared to show betting odds shifting in Trump’s favor, after weeks […]
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Bull markets tend to sputter in year three
The bull market for the S & P 500 celebrated its second birthday over the weekend, but history says there will likely be growing pains in the year ahead. The benchmark large-cap stock index has steadily rallied since its trough on Oct. 12, 2022, fueled in large part by the excitement around artificial intelligence and […]
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Kamala Harris backs crypto regulatory framework in pitch to Black men: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
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Google inks deal with nuclear company as data center power demand surges
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today. Josh Edelson | AFP | Getty Images Google said Monday that it will purchase power from small modular reactor developer Kairos Power, […]
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Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates
Key Points Fed Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September. “Whatever happens in the near term, my baseline still calls for reducing the policy rate gradually over the next year,” he said. Source
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If you sold in May, it’s time to come back: Stock Trader’s Almanac issues seasonal buy signal
The historical trend is about to turn bullish for stocks. The Stock Trader’s Almanac issued a seasonal buy signal for equities, saying investors who sold in May can start to come back to the market now as the calendar nears what are historically the best six months of the year. The six-month period between November […]
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Warren Buffett’s Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company. The Omaha, Nebraska-based conglomerate purchased roughly 3.6 million […]
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