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Digital Currency Revolution

AI Coins Ready to Surge as Nvidia Sparks Rally with $165 Target Amid Market Drama

Sep 05, 2024 20:31 pm UTC| Digital Currency Technology Business

AI coins are on investors radar for a potential surge, as Nvidia stock holds firm with a $165 price target despite recent market turbulence. Analysts remain confident in Nvidias growth prospects, sparking renewed interest...

Digital Currency Revolution

Shiba Inu Whales Trigger 285% Netflow Spike, Setting SHIB Up for a Price Rally

Sep 05, 2024 20:21 pm UTC| Digital Currency Technology Business

Shiba Inu (SHIB) saw its netflows skyrocket 285%, fueled by heightened whale activity. The surge in whale transactions has ignited fresh speculation of a potential SHIB price explosion, as large holders position for a...

Johnson & Johnson Increases Talc Settlement Offer to Over $9 Billion Amid Legal Battles

Sep 05, 2024 19:41 pm UTC| Business Life Law

Johnson Johnson has added $1.1 billion to its talc settlement, raising the total to over $9 billion. The healthcare giant aims to resolve thousands of lawsuits alleging its talc products caused cancer. The settlement is...

Xi Jinping Pledges $50 Billion Financing and One Million Jobs for Africa at Beijing Summit

Sep 05, 2024 19:37 pm UTC| Business Economy

During Beijings largest summit since the pandemic, Chinese President Xi Jinping pledged over $50 billion in financing for Africa, alongside promises to create one million jobs. His address highlighted Chinas commitment to...

The Nike Ja 2 'Murray State' Features a Cut-Away Mesh Upper, Nike AF1 'Shanghai' Fuses Nubuck and Patent Leather

Sep 05, 2024 19:33 pm UTC| Business Life

The Nike Ja 2 Murray State features a unique cut-away mesh upper, offering a fresh take on Ja Morants signature line. Meanwhile, Nikes Air Force 1 Shanghai fuses nubuck and patent leather for a striking contrast, and is...

Wall Street Closes Slightly Lower Amid Weak Job Data and Fed Rate Cut Speculation

Sep 05, 2024 19:29 pm UTC| Business Economy

U.S. stocks ended slightly lower on September 4 following weak labor market data and Federal Reserve comments supporting a potential interest rate cut. The Dow rose marginally, while the SP 500 and Nasdaq dipped as tech...

Digital Currency Revolution

Bitcoin ATM Scams Surge: 600+ Machines Offline in Global Shutdown over Two Months

Sep 05, 2024 19:29 pm UTC| Digital Currency Technology Business

Over 600 Bitcoin ATMs were shut down across the globe in the first two months of Q3 2024, as authorities ramped up their efforts to combat scams and fraud in the cryptocurrency ATM industry. Over 600 Bitcoin ATMs...

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Economy

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh

Oil prices were mostly steady during Asian trading on Friday, yet both benchmark crude contracts remained on track for weekly losses after a sharp selloff in the previous session. Brent crude futures for April delivery...

Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth

Federal Reserve Governor Stephen Miran cautioned that the central banks current monetary policy stance could pose a significant risk to U.S. economic growth. Speaking at a Dallas Fed event on Thursday, Miran argued that...

Politics

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Trump Maritime Action Plan Targets U.S. Shipbuilding Revival and Port Fee Funding

The Trump administration has unveiled a sweeping Maritime Action Plan aimed at rebuilding U.S. shipbuilding and strengthening the nations broader maritime industry. The more than 30-page strategy outlines a long-term...

Peru Congress Schedules Debate on Motion to Remove President Jose Jeri Amid Scandal

Perus Congress has scheduled a key debate for Tuesday on a motion to remove President Jose Jeri, intensifying political uncertainty in the country. Congressional leader Fernando Rospigliosi announced the decision on social...

Starmer Calls for Stronger European Defence Cooperation to Reinforce NATO and Reduce U.S. Reliance

British Prime Minister Keir Starmer is set to call for closer European defence cooperation to reduce NATOs reliance on the United States, emphasizing greater integration across Europes defence industry. Speaking at the...

U.S.-Iran and Russia-Ukraine Talks Set for High-Stakes Geneva Meeting

Two critical rounds of diplomatic negotiations focusing on Iran and the Russia-Ukraine war are scheduled to take place in Geneva on Tuesday, according to a source familiar with the matter. The high-level meetings signal...

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

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

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...