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Japan's Currency Intervention: A Strategic Response to Yen Volatility

Nov 08, 2024 01:29 am UTC| Economy

Japans Currency Intervention Efforts In July 2024, Japans Ministry of Finance (MOF) reported significant currency interventions to address the volatility of the yen. On July 11, Japan spent 3.168 trillion yen ($20.69...

U.S. Judge Dismisses Fraud Claims Against Rio Tinto and Ex-CEO Over Oyu Tolgoi Mine Delays

Nov 08, 2024 01:26 am UTC| Economy

Overview of Lawsuit Dismissal A U.S. District Judge, Lewis Liman, dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO, Jean-Sebastien Jacques, of defrauding investors. The case relates to delays and...

UK Labor Market Shows Signs of Cooling Amid Weak Wage Growth and Tax Increases

Nov 08, 2024 01:09 am UTC| Economy

UK Labor Market Slows Amid Weakest Wage Growth Since 2021 The UKs labor market showed further signs of cooling in October, with the weakest wage growth since early 2021, according to a survey by the Recruitment and...

U.S. Stock Futures Stabilize as Markets Digest Fed’s Rate Cut and Trump’s Election Victory

Nov 08, 2024 00:59 am UTC| Economy

U.S. Stock Futures Stabilize After Record Highs on Wall Street U.S. stock index futures stabilized on Thursday evening following another day of record highs on Wall Street, as markets digested the Federal Reserves...

Eugene Vindman Elected to U.S. House, Following Brother’s High-Profile Legacy

Nov 07, 2024 23:42 pm UTC| Economy

Eugene Vindman Wins Virginias 7th District Seat, Marking a Notable Family Legacy in Politics Eugene Vindman, a Democrat and former legal advisor for the White House National Security Council, has been elected to the...

AI Giant Nvidia Reaches $3.65 Trillion Market Value as Wall Street Reacts to Trump Election Win

Nov 07, 2024 23:09 pm UTC| Technology Business Economy

Nvidias stock soared to a staggering $3.65 trillion valuation, surpassing Apple as the worlds most valuable company, driven by Wall Streets enthusiasm after Trumps election win. The chipmakers latest milestone underscores...

Federal Reserve Cuts Rates by 25 Basis Points Amid Slowing Labor Market and Inflation Progress

Nov 07, 2024 23:01 pm UTC| Economy

Federal Reserve Cuts Interest Rates by 25 Basis Points Ongoing Inflation Progress and Labor Market Slowdown Drive Feds Decision The Federal Reserve cut its benchmark interest rate by 25 basis points to a range of...

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Economy

Siri's AI Upgrade in iOS 19 May Signal Apple's Split from OpenAI and ChatGPT

In a bold move, Apple plans to overhaul Siri with advanced AI in iOS 19, potentially ending its partnership with OpenAI. The new Siri aims to match ChatGPTs capabilities, offering users more natural conversations and the...

Nvidia CEO: Trump’s AI Export Limits Won’t Halt Global Tech Collaboration

Jensen Huang, Nvidia CEO, expressed confidence that global tech collaboration will persist, even under U.S. export restrictions on advanced AI technologies introduced during Trumps term. Speaking in Hong Kong, Huang...

Canada retail sales rises in September

According to Statistics Canadas preliminary estimate, retail sales increased by a strong 0.4% month-over-month (m/m) in September. When inflation was taken into account, the gain was even more noticeable, with retail sales...

FxWirePro- Major economic events for the day

Date Time Currency Event Actual Forecast Previous Fri Nov...

Politics

Donald Trump’s cabinet in 2025: Key players and their roles

As Donald Trump gears up for another term as president, his cabinet selections for 2025 are drawing intense scrutiny. While supporters praise the appointments as a team of proven loyalists and experts, critics argue the...

Donald Trump’s Shocking FBI Overhaul Plan: ‘Sweeping Reforms to Root Out Corruption’ or a Power Grab?

Former President Donald Trump has announced sweeping plans to reform the FBI in 2025, setting the stage for a dramatic restructuring of the federal agency. The proposed overhaul aims to address longstanding criticisms of...

Donald Trump’s Bold 2025 National Security Plans: ‘Unprecedented Measures’ or a Controversial Gamble?” Sparks Heated Debate

Former President Donald Trump has unveiled his national security agenda for 2025, presenting a sweeping framework aimed at addressing evolving global threats and restoring U.S. dominance in international affairs. The plan...

Donald Trump’s 2025 Cybersecurity Plan: Bold Action or Risky Gamble? ‘We Must Defend Our Digital Borders’ Sparks Debate

As cyber threats continue to rise globally, former President Donald Trump has unveiled his ambitious cybersecurity agenda for 2025. The plan, which builds on his administrations previous initiatives, aims to fortify U.S....

Science

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Technology

Shiba Inu Burn Rate Explodes 49,646% as SHIB Price Climbs 10% in Stunning Market Rally

Shiba Inu witnessed a burn rate surge of 49,646% in just one day, eliminating over 175 million tokens. This extraordinary burn event paralleled a remarkable 10% price jump, solidifying SHIBs market momentum. Shiba Inus...

Dogecoin Rockets 25% as Analyst Forecasts Bullish Breakout to $0.82

Dogecoin soared nearly 25% in the past 24 hours, reaching an intraday high of $0.48. Crypto analyst Ali Martinez predicts a bullish breakout to $0.82, suggesting DOGE could surpass its previous all-time high. The surge...

Bitcoin Targets $180K in 2025, TYMIO Founder Predicts Supply Shock

Bitcoins price could surge to $180,000 by the end of 2025 due to supply constraints and halving events, according to TYMIO founder Georgii Verbitskii. He highlights increasing demand and lost coins as catalysts for a...

Arthur Hayes Drives Solana Meme Coin Rally, FlowerAI’s Market Cap Jumps $8M After Social Media Post

FlowerAI surged over 35% after Arthur Hayes post, bringing its market cap to $30 million. The promotion highlights the continued dominance of Solanas meme coin ecosystem, which is outperforming Ethereum in decentralized...
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