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According to Powell, there’s no immediate urgency for the Federal Reserve to slash interest rates.
Federal Reserve Chairman Jerome Powell expressed on Thursday that the robust US economic growth gives policymakers the luxury of patience in determining the pace and magnitude of interest rate cuts. “There’s no urgency to slash rates as the economy isn’t showing such signs,” Powell stated during a speech addressed to […]
Redstone’s Co-founder suggests that Trump’s strategies could propel DeFi and BTC staking to the mainstream
With the potential of new policies from Trump’s team, DeFi could transition from a specialized sector to a mainstream platform. Cryptocurrency enthusiasts are optimistic about the possible pro-crypto policy changes. The rise of decentralized finance (DeFi) has been a topic of interest for many, particularly those involved in the cryptocurrency […]
Global illustrators’ take on this week’s happenings
Take a visual journey through the lens of various renowned cartoonists around the world. These images, originally published in different corners of the globe, serve as a unique commentary on current events. The first image, brought to life by the gifted Patrick Chappatte, first graced the pages of Le Temps […]
London Knights secure their 10th consecutive victory by defeating Sarnia Sting – London
The London Knights are riding high on a wave of victories, having secured their tenth consecutive win against the Sarnia Sting on November 15 at Canada Life Place. Easton Cowan and Jacob Julien led the charge, each scoring two goals, while Denver Barkey and Sam Dickinson provided strong support with […]
Numerous residents of British Columbia grappling with unaffordable property rates
Owning a home may be becoming an increasingly elusive aspiration for a large number of Canadians due to soaring prices. “The stress of housing costs is not only affecting Canadians’ financial wellbeing, but it’s also impacting their broader lifestyle choices and overall quality of life,” commented Alana Lavoie, a representative […]
The Asian Infrastructure Investment Bank (AIIB) sanctions a $250 million loan for coal-to-gas transition in Beijing.
A technician sets up a gas pipeline in a settlement in Anping, Xianghe county, Hebei province, Nov 2, 2017. [Photo/Xinhua] On Monday, the Asian Infrastructure Investment Bank (AIIB) disclosed its plan to grant a $250 million loan for a gas development in Beijing, marking its maiden investment in China. This […]
Ex-TuSimple Co-Founder Appeals to Judiciary to Prevent Asset Shift to China
Former TuSimple CEO Xiaodi Hou Fights to Keep US Assets from Transfer to China The co-founder and ex-CEO of the autonomous trucking venture, TuSimple, Xiaodi Hou, has called on a district court in California to enforce a temporary restriction to prevent the firm from moving its residual U.S. assets to […]
X banks anticipate rejuvenation as Musk’s political rise sparks optimism, reports Reuters
Elon Musk, a well-known entrepreneur and innovator, has recently risen to political prominence. This shift has led some Wall Street financial institutions to believe they might be able to relieve themselves of $13 billion in debt. This debt was used to support Musk’s acquisition of a social media platform known […]
The operator of Helix mixer receives a 3-year jail sentence for financial fraud activities.
“Operator of Helix Mixing Service Sentenced to Three Years for Financial Misdeeds” A person operating the Helix Mixing Service has been handed a three-year prison sentence due to their involvement in illicit financial operations, specifically money laundering. This incident serves as a stern reminder for those interested in investing or […]