A Crypto Magnate Saw the Risks and Still Was Hammered:
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| Last Updated | Jan 23 23 |
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A crypto magnate saw the risks and still was hammered | Mint: Barry Silbert is a 46-year-old finance veteran who began his career working on restructurings and ...
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A crypto magnate saw the risks and still was hammered | Mint: Barry Silbert is a 46-year-old finance veteran who began his career working on restructurings and ...
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Ukraine uses long-range missiles secretly provided by US to hit Russian-held areas, officials say
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Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
Joe Biden signs the bill that could ban TikTok in the United States: The bill that will force a sale or ban of TikTok in the United States is now law.
engt.co/49UaBTY
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Gaza protests in the US are expanding: They are targeted and well organized: The student protests in the USA are expanding and are becoming increasingly better ...
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U.S. Economic Growth Slows to 1.6%: U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations.
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
A photographer documented Black cowboys across the U.S. for a new book: NPR's A Martinez speaks with photojournalist Ivan McClellan about his new book ...
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Cicadas are emerging — and they’re so loud, some called the sheriff: Some in Newberry County, S.C., thought the noise was a siren. The sheriff assured them it ...
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Seizing Russian funds: the USA is tinkering with international law: Congress authorizes President Biden to seize Russian dollar reserves for the reconstruction ...
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Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Biden administration finalizes rule to grant overtime for millions more salaried workers
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Quick Glance: Biden Grants Overtime Pay to 4 Million US Workers
- The Biden administration unveiled a rule requiring employers to pay overtime premiums to an estimated 4 million salaried workers earning less than $1,128 per week.
- The salary threshold will be automatically adjusted every three years to reflect changes in average earnings.
- The rule does not affect overtime requirements for hourly workers.
- The new rule is expected to face legal challenges, with many businesses expressing concerns about economic uncertainty and labor shortages.
Family of man killed when Chicago police fired 96 times during traffic stop file wrongful death suit
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US births retreat after pandemic-era growth: The number of births in the United States fell by 2% in 2023 from the previous year, driven in part by a marked ...
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Quick Glance: Decline in US Births, Teen Births at Record Low: CDC
- The overall number of births in the United States dropped in 2023 as teenage births reached a record low, according to new provisional federal data published early Thursday.
- Between 2015 and 2020, there was an average decrease in the number of births by 2% per year, including a 4% decline from 2019 to 2020.
- There was a slight increase in births by 1% from 2020 to 2021, and the number remained generally stable from 2021 to 2022, according to the report.
FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
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Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Why Do Millennials Feel Compelled To Write 'Lol' After Everything?: "I’ve transitioned to ‘haha’ instead of ‘lol’ because I read that 'lol' is millennial-coded."
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Man who attacked police after storming US Capitol with Confederate flag gets over 2 years in prison
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“All he talks about is revenge”: Author Rushdie urgently warns against Donald Trump’s re-election
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Charles move left ‘furious’ Harry ‘in tears’: Prince Harry was left “furious” and “in tears” after his father decided to evict his family from Frogmore Cottage ...
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Quick Glance: Meghan Markle's Podcast Delayed until 2025 - Issues with Schedule
- Meghan Markle's podcast with Lemonada Media has been delayed until next year, as reported by sources.
- The company is struggling to launch the podcast to avoid overshadowing by the Duchess's new Netflix project.
- The couple signed a lucrative $100 million Netflix deal and have two new series in early production stages.
- Markle is currently focusing on her new brand and Netflix series centered around cooking and polo.
Tesla cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
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House Approves Bill Banning TikTok in the US (Again): Congress tries again with a TikTok ban, this time bundling it into a foreign aid package.
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Yen inches closer to intervention point as BOJ meeting starts: For the first time in over 30 years, the yen weakened beyond ¥155 per dollar ...
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Siblings killed when suspected intoxicated driver crashes into child's birthday party in Michigan
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Quick Glance: Sibling Fatally Hit by Car at Birthday Party
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- An 8-year-old girl and her 5-year-old brother died in the crash, as a 66-year-old woman drove about 25 feet into the building, according to Monroe County Sheriff Troy Goodnough.
- Three children and six adults were taken to hospitals with life-threatening injuries, while others received first aid on site and some were transported by private vehicles.
- The driver was taken into custody and is suspected of operating a vehicle under the influence of alcohol causing death. Further charges may be pending as the investigation continues.
America’s trust in its institutions has collapsed: What are the consequences?
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TikTok: US House of Representatives votes for possible TikTok ban: The Chamber of Congress wants to force the Chinese owner of TikTok to sell the video platform ...
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Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
After Iran's major attack: Friendly states are said to have prevented Israel from taking more massive retaliation
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- The Palestinian delegation emphasized that UN membership is a crucial step for peace in the region and criticized the Israeli government for its rejection.
- Israel rejected the resolution and warned of its potential impact on future dialogues, especially in light of the recent escalation of violence in Gaza.
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College is hard enough — try doing it while raising kids: More than 5 million college students are also parents. But many colleges do little to support them ...
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A big thing has just happened to Bitcoin. It's called the halving: Bitcoin has just hit a quadrennial event called the halving. It will effectively reduce the ...
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Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
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- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
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Your $1 bill could be worth up to $150,000. Here's how to check : Some $1 bills may be worth up to $150,000 to currency collectors. Here's how to spot one.
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US nods to 'serious' Japan, S.Korea concerns over slumping currencies: The United States, Japan and South Korea agreed to "consult closely" on foreign exchange ...
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FTSE 100 hits new record high helped by five-month low for pound: While the FTSE 100's performance has lagged that of most peers for some time ...
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Police arrest six, seek three others in Canada's largest gold heist: Canadian and U.S. authorities said on Wednesday six people have been arrested and three more ...
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Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
- Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.
- Police identified it as an 'inside job' and charged nine suspects in connection with the crime.
- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
- The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.
[Finterest] End to petsa de peligro? How earned wage access can help you avoid loans
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Central Banks in a Cashless World | by Mariana Mazzucato & David Eaves - Project Syndicate
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What risks do crypto and digital currencies pose? Interview with Rasmus Nielsen | NEWS.am TECH - Innovations and science
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Sand Dollar approaching $3 mil. in circulation: The Central Bank of The Bahamas’s Sand Dollar, the country’s digital currency, is steadily approaching $3 million ...
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JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
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Miners’ reward for operating Bitcoin halved to limit production: The bitcoin market on Friday engineered the “halving” of the reward for operating the ...
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Liam Dann: are we witnessing the death of paper money?: Veteran financial journalist Liam Dann returns to the show to shine a light on left-field economic news ...
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Donald Trump: How he becomes the star of a political thriller: A criminal trial that would make screenwriters green with envy begins in New York ...
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Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Afghanistan: The latest on the Taliban takeover: Since the Taliban took power on August 15, 2021, living conditions for girls and women have deteriorated ...
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'Rust' armorer Hannah Gutierrez-Reed sentencing: Watch live: A movie weapons supervisor has been sentenced to 18 months in prison for the fatal shooting of a ...
apnews.com/article/rust-alec-baldwin-shooting-armorer-sentencing-627373b6fd8aabe1f25050943777daba
Quick Glance: 'Rust' Armorer Sentenced to 18 Months in Fatal Shooting
- Former 'Rust' movie armorer, Hannah Gutierrez-Reed, was sentenced to 18 months in prison by the New Mexico District Court Judge.
- The incident that shocked the film industry is believed to mark the first instance in recent history of a member of a film crew or cast being fatally injured by a live round mistakenly loaded into a firearm.
- Baldwin's trial is scheduled for July 10 following his indictment for involuntary manslaughter in January.
- Initially, Hutchins' death led to a halt in the use of real firearms and blank ammunition by US film and television productions, but many have resumed usage due to the authenticity they provide.
Rock icon slams Taylor Swift: ‘Not important’: Fan footage has shown the carefree moment Travis Kelce lifts Taylor Swift over his head during a Dom Dolla set at ...
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Quick Glance: Rock Icon Criticizes Taylor Swift: 'Not Important'
- Outspoken rock legend Courtney Love criticized Lana Del Rey, Madonna, and Taylor Swift in a new interview, stating that the latter is 'not important.'
- Love expressed negative views on Taylor Swift, calling her 'not important' and uninteresting as an artist, despite potentially being a safe space for girls.
- She also mentioned her ongoing feud with Madonna, dating back to their awkward encounter on MTV in 1995.
- Furthermore, Love harshly criticized Lana Del Rey, suggesting she delay the release of her upcoming album 'Lasso' until 2031 due to perceived overexposure.
Child sexual abuse content growing online with AI-made images, report says: More children and families extorted with AI-made photos and videos ...
theguardian.com/technology/2024/apr/16/child-sexual-abuse-content-online-ai
Trial kicks off with a setback for ex-President Trump: For the first time in US history, a criminal trial against an ex-president has begun ...
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Muslims as an electoral potential in the USA: Islam has been part of the nation since the USA was founded, and more and more immigrants from the Middle East and ...
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After 100 Years, Lake Tahoe Is Seeing An Old Friend: The Sandhill Crane: Sandhill cranes are returning to the Lake Tahoe basin after a century long hiatus in ...
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Librarians fear new penalties, even prison, as activists challenge books: Across the country, book bans and attempted bans have soared to the highest levels in ...
apnews.com/article/book-bans-libraries-lawsuits-fines-prison-0914fa6cbb2a99b540cbbd28a38179b4
'Golden Bachelor' couple Gerry Turner and Theresa Nist announce they are divorcing
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Boomers Bought Up the Big Homes. Now They’re Not Budging.: Many empty-nesters are staying put rather than downsizing, keeping housing inventory tight in a market ...
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Letitia James Celebrates Two Wins in One Week: James reached an agreement with Stephen Affatato and his company, Affa Organics, after he destroyed parts of the ...
newsweek.com/letitia-james-celebrates-2-wins-one-week-1889853
Japan is giving Washington 250 new cherry trees to replace those to be lost in construction work
apnews.com/article/japan-cherry-trees-blossoms-biden-483e8a004eb197acb5363d619f3e6529
Quick Glance: Japan to Gift Washington 250 New Cherry Trees
- Japanese Prime Minister Fumio Kishida announced that Japan will gift the United States 250 new cherry trees to replace the ones being removed.
- In 1912, the first lady Helen Herron Taft and Viscountess Chinda planted the original cherry trees, symbolizing the friendship between the two countries.
- The cherry tree gift signifies the strong alliance between the U.S. and Japan as they discuss Pacific security matters.
- The Tidal Basin, a reservoir in Washington with a high concentration of cherry blossom trees, is undergoing renovations, prompting Japan to offer new saplings.
O.J. Simpson: 1947 - 2024: O.J. Simpson, the American football star and actor who was acquitted in a sensational 1995 trial of murdering his former wife but was ...
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Quick Glance: O.J. Simpson's Failed Attempt at Rebranding
- O.J. Simpson tried unsuccessfully to improve his image through social media.
- Despite attempts at normalization through videos, he could not alter his negative image.
- Expert Bernt Ullmann explains Simpson's lack of remorse, crucial for a successful comeback.
- Simpson's controversial videos further polarized and isolated him from the public.
Manuel Rocha, a former US ambassador, sentenced to 15 years for serving as secret agent for Cuba
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Quick Glance: Former US Ambassador Sentenced for Spying for Cuba
- Former US ambassador Manuel Rocha was sentenced to 15 years in prison after admitting to working as a secret agent for Cuba for decades.
- Rocha accepted the penalty and paid a $500,000 fine after pleading guilty to acting on behalf of a foreign government.
- The swift criminal case avoided a trial that would have revealed the extent of Rocha's assistance to Cuba while working for the US State Department for twenty years.
- The sophistication of Cuban intelligence services was highlighted as Rocha's double-crossing went undetected for years, demonstrating his secret meetings with Cuban operatives and provision of false information to US officials.
Will Zimbabwe’s new ZiG currency be a hit or another failure?: Zimbabwe’s new currency, the ZiG, made its debut month and a number of Zim economists have given ...
iol.co.za/business/advice/will-zimbabwes-new-zig-currency-be-a-hit-or-another-failure-364f180f-1557-44f2-9c73-81dcc46b55cc
Caitlin Clark Takes Down Michael Che Over His Women's Sports Digs On 'Weekend Update'
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Impending escalation: Israel's military on full alert due to possible Iranian retaliation
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NCAA women's title game: Early figures make it most-watched hoops game in 5 years
apnews.com/article/march-madness-iowa-south-carolina-ratings-fe3c29aabbea557d83a911afb4ebf637
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
Watch: Italy’s Mount Etna Blows Rare ‘Vortex Rings’ Into Sky: The “volcanic vortex rings” are a rare phenomenon generated by the combination of rapid gas release ...
wsj.com/video/watch-italys-mount-etna-blows-rare-vortex-rings-into-sky/9A15B452-A920-45DA-B6AE-128AB57981E0
BREAKING: The Republican-controlled US House of Representatives voted to reauthorize a controversial surveillance program ...
reut.rs/49CnoKN
The Role Of Gold In Turbulent Times: The global nature of gold markets means factors like geopolitical stability, economic growth and currency value all impact ...
seekingalpha.com/article/4684000-gold-role-turbulent-times
FBI concerned about possible coordinated attack in US after Russia massacre: The FBI is concerned about the possibility of an organized attack in the United ...
reut.rs/43UnQ5M
FCC: Internet providers must be more transparent in new cost labels: Internet service providers will be required to be more transparent about the cost and ...
apnews.com/article/broadband-label-junk-fees-6a6065a88900332dc9004f303bc6657f
Quick Glance: Broadband customers receive detailed price and performance information
- Starting today, the transparency of broadband services for internet users is being enhanced.
- The Federal Communications Commission has mandated that broadband providers must display all details regarding the pricing and performance of their services in clear labels.
- These labels provide clear and easily understandable information about price, speed, data allowances, and other aspects of high-speed internet service.
- The Affordable Connectivity Program has already enrolled over 23 million households across all 50 states, territories, and federally recognized tribal lands.
Here's the new plan to boost background checks for guns bought at shows or online
npr.org/2024/04/11/1244007539/biden-guns-background-check-rule
Quick Glance: Biden Administration Implements Stricter Background Checks for Gun Dealers
- A new rule by the Biden administration will require thousands of gun dealers to conduct background checks on buyers to close a legal loophole.
- President Biden emphasizes that the measure aims to keep guns away from domestic abusers and felons to save lives.
- The law mandates that sellers primarily engaged in selling firearms for profit must be federally licensed and perform checks.
- Despite praise from advocates, the regulation is likely to face legal challenges from gun rights activists, concerned about potential infringements.
Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency
ft.com/content/661bc2cb-6d6f-42b3-9909-d2bd696deb8a
After demands from Australia: USA considers ending prosecution of Julian Assange: “We are looking into it”: With this short sentence, US President Joe Biden ...
spiegel.de/ausland/julian-assange-usa-erwaegen-ende-der-strafverfolgung-von-australischem-whistleblower-a-e144cbf9-d056-4f1c-b556-1e688c5e7aab
Quick Glance: Contemplating Prosecution Cessation for Wikileaks Founder Julian Assange
- President Joe Biden is contemplating Australia's request to cease the long-standing U.S. effort to prosecute Wikileaks founder Julian Assange for revealing American classified documents.
- There is a disparity in the treatment of Assange and Manning, with Obama shortening Manning's sentence while Assange remains under indictment. Supporters of Assange argue he is a journalist protected by the First Amendment who exposed U.S. military misconduct in Iraq and Afghanistan.
AOC Recalls the ‘Trauma’ of Seeing Deepfake Porn of Herself : Alexandria Ocasio-Cortez described the experience of stumbling upon AI-generated porn of herself ...
thecut.com/article/aoc-deepfake-defiance-act.html
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