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Bitcoin bounces back above $60,000 as cryptocurrency’s rise continues to end week: 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, Ben McMillan, […]
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Passenger plane crashes in Brazil’s Sao Paulo state. It’s unclear how many people were aboard
Brunomartinsimagens | Istock | Getty Images A plane with 62 people aboard crashed in a fiery wreck in a residential area of a city in Brazil’s Sao Paulo state Friday, the airline said, but it was not immediately clear how many people were injured or killed. The airline VoePass confirmed in a statement that a […]
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Cashing in on the dream: How Olympic athletes make money
The International Olympic Committee will hand out more than 300 medals over the course of the Paris Games, but it won’t hand out any cash. “The Olympics has always supposedly been about striving to be the best, without doing it for financial reasons,” said Ben Bloom, a sports journalist who has covered the Olympic Games […]
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Iran is targeting the U.S. election with fake news sites and cyber operations, research says
A man walks past an anti-U.S. mural on the wall of former U.S. Embassy in Tehran, Iran January 21, 2020. Nazanin Tabatabaee | Via Reuters Iran is stepping up its influence campaign aimed at the U.S., researchers at Microsoft said in a new report, adding to the ongoing efforts by Russia and China to sway American […]
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Markets no longer think the Fed needs to be as aggressive with interest rate cuts
In just a few short days, markets have taken some of the urgency off the table for the Federal Reserve to slash interest rates. Earlier in the week, there were even some calls for an emergency intermeeting rate cut. At the least, markets figured the Fed was a near-certainty to reduce benchmark rates by at […]
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Bull trap? It’s ‘make or break’ time for U.S. soft landing case, strategist says
The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches “make or break” point, according to one strategist. Ron Williams, chief investment officer at RW Advisory, told CNBC’s “Squawk Box Europe” the 5,200 mark will “decide whether this bounce back holds or whether […]
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Maduro orders 10-day ban on Elon Musk’s X in Venezuela after feud with billionaire
Venezuela’s President Nicolas Maduro addresses the media during an event to sign an agreement to recognize the electoral results of the presidential elections of July 28, at the National Electoral Council, in Caracas, Venezuela, June 20, 2024. Miraflores Palace | Via Reuters Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking platform […]
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10-year Treasury yield dips as traders weigh state of U.S. economy after latest data
U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. The yield on the 10-year Treasury was around 6 basis points lower at 3.938% at 8:57 a.m. ET, nonetheless holding near the level it was at last week before a weak U.S. jobs report helped trigger […]
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Online disinformation sparked a wave of far-right violence in the UK — here’s how
Riot police officers push back anti-migration protesters outside the Holiday Inn Express Hotel which is housing asylum seekers on August 4, 2024 in Rotherham, United Kingdom. Christopher Furlong | Getty Images News | Getty Images It didn’t take long for false claims to appear on social media after three young girls were killed in the British town […]
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European markets climb as U.S., Asia-Pacific stocks bounce back
Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024. Betty Laura Zapata | Bloomberg | Getty Images LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher. The pan-European Stoxx 600 was last 0.53% higher at […]
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