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Bank of America chief investment strategist Michael Hartnett, predicts that global central banks will collectively deliver 152 interest rate cuts in 2024. This would mark the first year since 2020 when rate cuts surpass rate hikes. According to the ...

Elon Musk will testify in court again as part of the Securities and Exchange Commission’s investigation into his $44-billion takeover of Twitter. Laurel Beeler, federal judge in San Francisco, told lawyers representing the Tesla CEO that Musk will ...

Stocks are poised for a seventh consecutive session of gains on Friday, driven by the traditional year-end Santa Claus rally. As the market eyes potential robust gains in the remaining nine sessions of the year, the upcoming quadruple witching session ...

Amazon founder Jeff Bezos and Tesla’s Elon Musk could be like chalk and cheese and may have businesses in direct competition with each other but the former shared his admiration for the latter in a recent podcast in which the former appeared as a ...

Following a media report that said House Oversight Committee Chair James Comer (R-Ky.) owned a shell company along with a major political donor, Donald Trump’s niece Mary Trump weighed in on the revelation. This assumes importance because the Comer is ...

Presidential hopeful Vivek Ramaswamy’s comments on diversity, equity and inclusion, or DEI, at a CNN Townhall held on Thursday, gained the approval of hedge-fund manager Bill Ackman. What Happened: DEI should not be a goal but just be a byproduct of ...

Bitcoin (CRYPTO: BTC) broke the $44,000 mark shortly after the Federal Reserve decided to maintain steady interest rates, amid surging spot BTC ETF optimism through the cryptocurrency market.  This leap from $37,000 in under a month is being heralded ...

As 2023 meanders to a close, an noted economist took stock of the global economic order and found the Western alliance doing very poorly this year. What Happened: “The Western-led global economic order had a bad 2023,” said noted economist Mohamed ...

As Tesla, Inc. (NASDAQ:TSLA) shares closed above the $250 mark for the first time in approximately a month, Gary Black, Managing Partner of Future Fund, presented a bullish case for the company, emphasizing its attractiveness as an investment amid a ...

Bitcoin (CRYPTO: BTC) broke the $44,000 mark shortly after the Federal Reserve decided to maintain steady interest rates, amid surging spot BTC ETF optimism through the cryptocurrency market.  This leap from $37,000 in under a month is being heralded ...

The Solana (CRYPTO: SOL) blockchain-powered smartphone, Saga, has seen a surge in sales, thanks to an airdrop of over 30 million BONK (CRYPTO: BONK) tokens specifically for Saga phone owners. The increase in demand is a sharp shift from previous ...

The cryptocurrency market witnessed a modest increase on Thursday evening, primarily driven by the Federal Reserve’s (Fed) indication of possible interest rate reductions in the coming year and the positive sentiment surrounding the Bitcoin ...

An open-source sharded multichain protocol, Polkadot connects and secures a network of specialized blockchains. It facilitates cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable. Let's ...

Total transactions on Shibarium have crossed the 100 million mark, coinciding with Shiba Inu's (CRYPTO: SHIB) listing Japanese crypto exchange, Coincheck. The token is trading in the green on Thursday. What Happened: Based on data from Shibariumscan, ...

In an era where digital transformation is not just a buzzword but a reality, industry leaders at a recent key event unveiled transformative visions for blockchain technology. David Palmer from Vodafone (NYSE:VOD), Luke Chmiel of Ava Labs, and Matt ...

The early arrival of a Santa Claus rally has graced the real estate sector, with the bearer of good tidings being none other than Federal Reserve Chair Jerome Powell, who has signaled the possibility of interest rate cuts in 2024. This anticipation, ...

U.S.

General Motor (NYSE: GM’s self-driving unit Cruise announced on Thursday it was laying off 900 workers — nearly a quarter of its entire workforce. The move comes directly after reports that after Cruise axed several of its top executives. The signs ...

The 2023 year continues to see increased use cases and rising interest in artificial intelligence (AI). Among the new use cases for AI could be helping with the annual burden of filing taxes. What Happened: More companies are looking for ways to ...

It’s shaping up to be a positive Thursday on Wall Street, with risk sentiment remaining robust after the Federal Reserve effectively opened the door to rate cuts in 2024. The S&P 500 is poised to record its seventh consecutive green session, closing ...