World
Ether has been dramatically underperforming bitcoin as the investment case for the cryptocurrency weakens
Crypto investors are starting to question the investment opportunity in ether . Ethereum has always been seen as the blockchain with a stronger and more easily understood value proposition as a smart contracts platform that could power many different types of applications. Now, investors are reckoning with the possibility that ether may have lost some […]
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As consumers trade down to cheaper private label brands, these stocks could head up
Inflation may be coming under control, but the cumulative toll of month after month of soaring prices, higher interest rates and swelling debt has wreaked havoc on household finances. Anecdotes shared on retailer conference calls have drawn a portrait of a more selective and cautious shopper. At the low-end, the situation is particularly strained. Dollar […]
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Shooting attack at the West Bank-Jordan border crossing kills 3 Israelis
Israeli security forces gather at the scene of a reported attack near the Allenby Crossing between the occupied West Bank and Jordan on September 8, 2024, where the Israeli military said a truck driver opened fire, killing three Israelis. The (Photo by Ahmad GHARABLI / AFP) (Photo by AHMAD GHARABLI/AFP via Getty Images) Ahmad Gharabli […]
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Venezuela opposition candidate Gonzalez leaves for Spain as diplomatic tensions rise
CARACAS, VENEZUELA – JULY 30: Opposition candidate Edmundo Gonzalez. (Photo by Pedro Rances Mattey/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Venezuela’s former presidential opposition candidate Edmundo Gonzalez has left for Spain in the wake of the South American country’s contested election, Venezuelan and Spanish officials said on Saturday night after a day […]
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Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs
U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility on September 06, 2024 in Austin, Texas. Brandon Bell | Getty Images Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job […]
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CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war
CIA Director Bill Burns testifies next to Director of National Intelligence Avril Haines during a House (Select) Intelligence Committee hearing on diversity in the intelligence community, on Capitol Hill in Washington, October 27, 2021. Elizabeth Frantz | Reuters CIA Director William Burns believed there was a real risk in the fall of 2022 that Russia […]
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Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising […]
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Bull market limps into 2-year birthday with soft economic landing in doubt and stock leaders failing
The bull market was born nearly two years ago and has been sustained ever since by a sole premise: Inflation is falling faster than the U.S. economy is slowing. The downslope of price pressures was set to meet the steady advance of GDP at a crossroads called Soft Landing, at which the Federal Reserve could […]
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This gym stock is a buy because of the breakout popularity of pickleball, says Bank of America
The explosive rise of pickleball has at least one major beneficiary: Life Time Group Holdings . According to Bank of America analyst Alexander Perry, the upscale fitness and lifestyle company is set to reap the rewards of the continued surge in popularity of pickleball , a sport which exploded during the Covid lockdown and has […]
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This semiconductor ETF just had its worst week since 2020. Here’s what’s next
Chip stocks kicked off September with their worst stretch in over four years, as shares of artificial intelligence favorite Nvidia lost momentum and concerns over U.S. economic growth weighed on the market. The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop […]
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