Finance

The financial landscape is witnessing an unprecedented evolution, and it’s being powered by digital assets. On the verge of a revolution, Digital Asset has recently announced a considerable $135 million funding injection, backed by heavyweight names like Goldman Sachs and BNP Paribas. This strategic interest from major financial institutions signals a seismic shift from skepticism
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Amidst a backdrop of fluctuating economic indicators, Federal Reserve Governor Christopher Waller has stirred the pot with his recent comments that suggest a timely shift in monetary policy might be on the horizon. In an interview on CNBC, Waller pointedly remarked that he expects no significant inflationary pressures to arise from existing tariffs. Consequently, he
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In an astonishing turn of events, avatars crafted by artificial intelligence are now outperforming real human sales efforts in the competitive sphere of e-commerce. This revelation comes from a collaboration between China’s tech giant Baidu and Luo Yonghao, a prominent figure in the realm of livestreaming. During a recent six-hour livestream on Baidu’s “Youxuan” platform,
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The Federal Reserve has long been a cornerstone of the American economic framework, a bastion of stability amidst fluctuating political tides. Yet, recent remarks from former President Donald Trump shine a glaring light on the perils of undermining this vital institution. With his characteristic bluster, Trump accused Fed Chair Jerome Powell of being “stupid” and
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Regencell Bioscience Holdings, a Hong Kong-based company dabbling in traditional Chinese medicine (TCM), has recently taken the stock market by storm, boasting an astronomical leap in share prices that can only be described as speculative mania. With no revenue to speak of and a track record that invites skepticism, the company’s surge—peaking at over 58,000%
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China’s economy has recently witnessed an uptick in retail sales growth, with May’s figures rising by an impressive 6.4% compared to the same month last year. For many, this spike might seem like a sign of recovery in the world’s second-largest economy, especially considering the dismal backdrop of ongoing deflation and sluggish growth. But is
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