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Digital Currency Revolution

Shiba Inu Golden Cross Stumbles as SHIB Dives: Can This Technical Event Rescue Its Price?

Nov 04, 2024 06:29 am UTC| Digital Currency Technology Business

Shiba Inu (SHIB) has experienced a sharp 6.1% decline in the last 24 hours, now testing levels not seen since June. With SHIBs golden cross formation under threat, investors are left questioning whether this bullish...

Digital Currency Revolution

Bitcoin Crashes Below $69K Amid Trump’s Election Uncertainty, Triggering Massive $350M Liquidation Wave

Nov 04, 2024 06:14 am UTC| Digital Currency Technology Business Politics

Bitcoins price tumbled under $69,000 on Nov. 3, sparking nearly $350 million in liquidations as Trumps election odds faced new challenges. With market uncertainty climbing, crypto traders are bracing for further swings...

Chinese Solar Firms Shift Production to Avoid U.S. Tariffs, Expanding in Southeast Asia

Nov 04, 2024 05:13 am UTC| Business

Chinese Solar Firms Move Production to Avoid U.S. Tariffs Shifting Solar Manufacturing Hubs Amid rising U.S. tariffs, Chinese-owned solar manufacturers in Vietnam are scaling back operations, laying off workers,...

Westpac's Profit Declines Amid Rising Costs, But Dividend Boosts Investor Confidence

Nov 04, 2024 05:07 am UTC| Business

Westpacs Annual Profit Falls, but Dividend Hike Signals Stability Australias second-largest mortgage lender, Westpac, reported a 3% drop in annual profit for the year ending September 30, totaling A$6.99 billion...

Australia Shifts Focus from Lockheed Martin Satellite Project to Multi-Orbit Space Strategy

Nov 04, 2024 04:43 am UTC| Business

Australia Cancels Lockheed Martin Satellite Project in Favor of Multi-Orbit System Australias Department of Defence has canceled a multi-billion-dollar satellite communications project with Lockheed Martin redirecting...

Reserve Bank of Australia Expected to Hold Rates Steady Amid Inflation Concerns

Nov 04, 2024 04:13 am UTC| Business

RBA Likely to Hold Rates Amid Inflation and Labor Market Strength The Reserve Bank of Australia (RBA) is widely expected to maintain its current interest rate of 4.35% at the upcoming policy meeting. Following...

Capital One Faces Potential CFPB Action Over Alleged Savings Account Misrepresentations

Nov 03, 2024 19:33 pm UTC| Law Business

Capital One disclosed it may face enforcement action from the Consumer Financial Protection Bureau over alleged misrepresentations concerning its savings accounts. The inquiry follows a customer lawsuit alleging...

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Economy

Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment

Oil prices moved higher in Asian trading on Thursday as ongoing geopolitical tensions between the United States and Iran kept a risk premium firmly embedded in crude markets. Investors closely monitored developments in the...

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Politics

Zelenskiy Signals Support for U.S. Peace Plan as Trump Pushes Russia-Ukraine War Deal

Ukrainian President Volodymyr Zelenskiy has reaffirmed Kyivs willingness to support U.S.-led peace proposals aimed at ending the Russia-Ukraine war, as President Donald Trump intensifies efforts to broker a resolution...

Australian Liberal Party to Elect New Leader After Sussan Ley Loses Party Room Vote

Australias Liberal Party is set to elect a new leader after opposition leader Sussan Ley lost a crucial party room vote, according to a report by the Australian Broadcasting Corporation (ABC) on Friday. The leadership...

Robert F. Kennedy Jr. Announces Key Leadership Changes at HHS in Major Department Restructuring

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. has announced significant changes to his management team as part of a broader restructuring effort within the department. The leadership updates,...

Tarique Rahman Poised to Become Bangladesh Prime Minister After Landmark Election Victory

Tarique Rahman is on the brink of becoming Bangladeshs next prime minister, marking a dramatic political comeback less than two months after returning from nearly 20 years in self-imposed exile in London. According to...

Trump Urges Pardon for Netanyahu Amid Ongoing Corruption Trial

U.S. President Donald Trump has renewed calls for Israeli Prime Minister Benjamin Netanyahu to receive a presidential pardon over his ongoing corruption trial, criticizing Israeli President Isaac Herzog for not taking...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...