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The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless
A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness. more
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Forget airline miles—Gen Z and millennials are obsessed with nicotine pouch Zyn's lucrative rewards program, which includes $400 Apple watches and $600 Dyson AirWraps
One woman was annoyed at her husband’s Zyn habit, but the rewards made her feel “like a kid in an arcade” more
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German state-owned bank KfW to issue its first blockchain-based bond
KfW has been on a digitalization journey, and the digital currency securities bond is its latest venture, with DZ Bank’s Union Investment as the anchor investor. [...] Read More... The post … more
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India’s Blockchain for Impact signs pact with UNICEF for robust public healthcare
Under the $2.1 million partnership, UNICEF and BFI will work on two projects—to build capacity for solving public health challenges and to boost state and ground partner capacity. [...] Read … more
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Ernst & Young surveys AI impact on workforce, predicts massive hiring spree
EY surveyed over 250 high-ranking executives in the technology industry, noting that the sector is in a prime position for the highest level of impact by AI. [...] Read More... The post Ernst & … more
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JPMorgan reports holding shares of several spot Bitcoin ETFs
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs. more
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The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86
Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine, has died. more
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Real-estate billionaire Barry Sternlicht puts his finger on the ‘impossible’ thing holding Miami back from really becoming Wall Street south: the schools
Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t. more
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Philadelphia jury hits Exxon with $725.5 million verdict on mechanic’s claim that he got cancer from benzene exposure
Exxon called the verdict “irrational” and said it would ask the court to reverse it before it becomes final.  more
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After getting billions in federal funding Amtrak is ‘trying to claw 19th century and 20th century assets and pull them into the 21st century,’ CEO says
Rail infrastructure in the U.S. faces a backlog of repairs worth billions of dollars. more
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Supreme Court takes on Flo Rida case, wading into unsettled area of copyright law
The question of how far back damages can go has split appeals courts, and industry groups like the Recording Industry Association of America have called on the Supreme Court to decide. more
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Inside a Harlem charter school's unprecedented plan to give students $10,000 to invest—'the parents will definitely lose their minds'
The goal of Harlem Children's Zone new program is to close the racial wealth gap. more
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Hundreds of Virgin Hotels workers walk off the job as union organizers claim 48-hour strike is under way
The Culinary Union Local 226, the largest in Nevada, said the action marked its first strike in 22 years. more
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Birthing mothers’ near-death experience rates are 100 times higher than maternal mortality—and we don’t even know exactly why
For each death, there are 100 women who come close to dying, which is terrifying and unacceptable in the 21st century. more
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Health system operating across 19 states diverts ambulances, blocks access to medical tests after cyberattack
An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems. more
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Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot. more
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Apple teases new AI-focused chip for incoming iPad Pro
Instead of introducing its new line of Mac PCs in line with the firm's tradition, Apple announces a new and powerful chip that is expected to expand AI functionalities on its upgraded iPad Pro. … more
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New bill pushes blockchain use at US borders
Rep. Nancy Mace has proposed a bill that requires Homeland Security to implement blockchain technology on U.S. borders to secure and streamline operations. [...] Read More... The post New bill … more
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Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments
Customers can now pay for luxury travel using CoinCorner’s Bitcoin payment solution. more
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India’s elections use AI extensively as concerns rise over potential misuse
India is not only using AI to target voters through language translations, but it will also use it to create deepfake videos and conversational bots, raising concerns over the misuse of the tech. … more
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Jack Dorsey criticizes Bluesky for straying from decentralized ethos
Dorsey criticizes Bluesky's move from decentralization, stressing the importance of adhering to a protocol that supports free speech. The post Jack Dorsey criticizes Bluesky for straying from … more
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Jack Dorsey Predicts Over $1 million Bitcoin Price by 2030
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers. more
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Binance denies firing investigators who exposed market-maker’s manipulation
Binance can't run away from its criminal past despite pouring billions to rehabilitate its image, with a recent WSJ report unraveling evidence of market manipulation at the hands of a Web3 investor. … more
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The UK exits the recession
The UK's economy has grown The UK entered a recession in the later months of 2023 as the UK saw a decline in GDP of 0.5% and people across the country felt the effects of rising prices and interest … more
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Philippines’ first retail peso-backed stablecoin to be available in June
Wei Zhou, CEO of Coins.ph, expressed the transformative potential of the PHPC, stating that it "will empower Filipinos to transact seamlessly and securely in the digital economy." [...] Read … more
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