Elon Musk weighed in on excessive government expenditure as a major driver of inflation amid Donald Trump‘s cabinet appointments spelling potentially good news for the cryptocurrency industry.
What Happened: In a post on X on Thursday, Musk stated that “all government spending is taxation,” either direct or indirect via inflation.
Dubai, UAE, November 14th, 2024, Chainwire
Tectum, the developer behind the SoftNote payment solution, has partnered with CryptoAutos, a premier platform for purchasing luxury cars with cryptocurrency. This partnership will expand both brands’ crypto commitment while offering fans an exclusive chance to win tickets to the Abu Dhabi Grand Prix in December.
» Read more about: Tectum Partners with CryptoAutos to Advance Real-World Cryptocurrency Payments »
SAN DIEGO (KGTV) — Cryptocurrency has become so big that billions of dollars are lost every year to scams involving digital currency.
“It’s extremely concerning. It’s affecting everyone,” said FBI Special Agent Scott Norris. “Most of these victims are suffering in silence and that’s because most of them feel ashamed about what’s happened to them.”
» Read more about: FBI San Diego warns of cryptocurrency recovery websites »
The recent performance of the US economy has been “the best of any major economy in the world,”
» Read more about: Fed Chair calls US the best-performing major economy in the world »
The Dow Jones Industrial Average fell 207.33 points, or 0.5%, ending at 43,750.86, posting a loss in two of the past three sessions.
The S&P 500 index shed 36.21 points, or 0.6%, closing at 5,949.17, posting its biggest daily decline since Oct. 31, according to Dow Jones Market Data.
The Nasdaq Composite index retreated 123.07 points,
» Read more about: Dow ends about 200 points lower as stocks edge back from record territory »
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell.
The Dow Jones Industrial Average fell 208 points, or 0.5%. The S&P 500 dropped 0.6%. The Nasdaq Composite was down 0.6%.
» Read more about: Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations. »
There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Voyager Therapeutics (VYGR – Research Report) and BioNTech SE (BNTX – Research Report) with bullish sentiments.
Voyager Therapeutics (VYGR)
In a report released yesterday,
I’m going to be looking to deploy some capital into my Registered Retirement Savings Plan (RRSP) next month, so I thought I’d do a piece highlighting two stocks that are top of my list to add to in the coming month. These companies are top dividend stocks with long-term growth profiles that align with my expectations of above-market total returns.
» Read more about: 2 Stocks I’m Adding to My RRSP This November »
VATICAN CITY (RNS) — Religious communities are increasingly seeking to invest in companies that match their faith values and ethical concerns, but experts say the financial market lags in providing the appropriate options.
A conference in London on Monday and Tuesday (Nov. 11-12) sought to bridge that gap by bringing together financial service industry experts with Anglican and Catholic leaders,
» Read more about: Bishops and bankers meet to help Catholics seeking to ethically invest »