Trump Sends Dollar Plunging With Plan to Turn Federal Reserve MAGA
The U.S. dollar plunged Thursday to a three-year low after word got out that President Donald Trump is plotting to announce a MAGA-friendly Federal Reserve chair as early as this summer.
Peeved at Federal Reserve Chair Jerome Powell’s refusal to slash interest rates, Trump has unleashed blistering attacks against the banker,
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Read More3 Skyrocketing Artificial Intelligence (AI) Stocks That Can Plummet 71% to 80%, According to Select Wall Street Analysts
Today’s high-octane AI stocks could be some of the worst performers over the next year, based on the forecasts of select analysts.
Nothing has garnered more attention on Wall Street since late 2022 than the rise of artificial intelligence (AI). Empowering software and systems with the tools to make split-second decisions without the need for human oversight is a game-changer that can benefit most industries around the globe.
What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for it
- Bridge, recently acquired by private fintech giant Stripe for $1.1 billion, is building infrastructure to support stablecoin payments.
- Zach Abrams, Bridge co-founder and CEO, said the market is estimated to grow into the trillions and could be the biggest global money-moving shift since the introduction of credit cards.
- Companies like SpaceX,
Rinehart Ignores Falling Price To Invest $800 Million In A New Mine
Australia’s richest person, iron ore billionaire, Gina Rinehart, has dismissed investor concern about the falling price of the steel making material by signing up for her half-share in a new $1.6 billion mine.
Iron ore billionaire Gina Rinehart.(Photo by Brendon Thorne/Getty Images)
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With long-term corporate partner,
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Read MoreSEBI Allows Liquid Funds for IA/RA Deposits
The Securities and Exchange Board of India (SEBI) is proposing to allow Investment Advisers (IAs) and Research Analysts (RAs) to use units of liquid mutual funds as an alternative to bank fixed deposits for fulfilling their deposit requirements. This aims to provide flexibility and address operational difficulties IAs and RAs currently face with traditional bank deposits,
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Read MoreThe Burst
Got $3,000? 1 Top Stock That Keeps Growing
Several significant headwinds are affecting Align Technology (ALGN), none of which the global medical device company has control over. As a result, the company’s stock has been punished this past year, plummeting over 68% — but it won’t be cheap forever.
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Read MoreThe Ivy
Market Commentary: 1 Tiny AI Stock Seals $100M Deal
Just when we thought Onto Innovation had shared all its good news for the quarter, the semiconductor equipment manufacturer dropped another bombshell. Onto has raked in new equipment orders to the tune of more than $100 million.
What’s the catalyst behind this financial windfall?
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