President Donald Trump has reignited fears of a broader Middle East confrontation after warning that the United States “may have to give Iran another hit,” while stopping short of confirming whether a new military operation is imminent.Speaking from the White House, Trump claimed that Iran is “begging to make a …
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A major legal battle surrounding artificial intelligence came to an abrupt end after Elon Musk lost his high-profile lawsuit against OpenAI and its leadership, removing one of the biggest legal threats hanging over the company behind ChatGPT.The case centered on accusations that OpenAI abandoned its original nonprofit mission and shifted …
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America’s Biggest Bitcoin ATM Giant Files Bankruptcy as Regulations Tighten and Crypto Users Abandon High FeesCollapse of 9,000-Machine Network Sends Shockwaves Through Crypto IndustryBitcoin Depot, once the largest Bitcoin ATM operator in North America, has filed for Chapter 11 bankruptcy after a dramatic collapse in revenue, rising legal pressure, and …
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Bitcoin fell to its lowest point in May, hovering near $77,000 after briefly dipping below $76,700. The drop was fueled by renewed geopolitical strains and rising U.S. Treasury yields, which unsettled global investors. – Over $255M in Bitcoin positions were liquidated in just 24 hours. – Total crypto liquidations reached …
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US President Donald Trump has postponed a planned military strike on Iran after urgent appeals from Gulf leaders, opening a narrow window for diplomacy in a crisis that had appeared dangerously close to exploding into a wider regional war.Trump said leaders from Saudi Arabia, Qatar, and the United Arab Emirates …
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Global financial markets are entering a more complex phase as expectations around US interest rates shift sharply. Investors who once anticipated policy easing are now reassessing the outlook, with growing speculation that borrowing costs could remain higher for longer—or even rise again.This change reflects increasing concern that inflation pressures are …
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Japan’s currency authorities are locked in an increasingly costly struggle to defend the yen, as the dollar creeps back toward the 160-level that triggered emergency intervention just three weeks ago — raising fresh fears that Tokyo may be forced to act again.A Red Line CrossedWhen the dollar climbed above 160 …
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Gold Stabilizes After Sharp Weekly DropGold prices steadied on Monday after a turbulent week that pushed the precious metal below the key $4,500 level for the first time in weeks. Spot gold traded near $4,541 per ounce, showing little daily movement, but the broader picture reflects growing pressure on the …
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US stock markets opened the week under pressure as major indexes turned lower, with technology shares leading the decline. The broader market slipped around 0.7%, while tech-heavy stocks fell more sharply by about 1.2%. Industrial stocks also edged lower, reflecting a cautious mood across Wall Street.The pullback comes after recent …
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US President Donald Trump is expected to officially swear in Kevin Warsh as the next chairman of the Federal Reserve during a White House ceremony on Friday, marking the beginning of a major shift in US monetary leadership.Warsh will replace current Federal Reserve Chairman Jerome Powell after receiving approval from …
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