Weighing in on Fed Chair Jerome Powell’s November 14 comments, she said he remains steadfast in his message that while inflation is coming down to the Fed’s 2 percent target, there’s a bumpy path ahead that will require patience. ‘I think the idea here is not so much to hang…
Bitcoin achieved five new all-time high prices this week, boosted by a wave of renewed optimism and growing confidence in the future of the cryptocurrency. Meanwhile, MicroStrategy (NASDAQ:MSTR) increased its Bitcoin holdings, sending its share price to record-high valuations, and a major development in Google’s (NASDAQ:GOOGL) anti-trust trial weighed heavily…
He also discussed what he is — and isn’t — doing with his money right now. ‘Stay out of stocks, with a few exceptions here and there — there are always exceptions. Stay out of all bonds, frankly. They’re a triple threat to your capital,’ Casey said during the interview.…
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant’s total investment to $8 billion, though Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company…
The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military. The reform increases the president’s control over the media, extends the presidential term to six years from…
Human error led to the death of a young gorilla in Alberta, Canada, according to officials at the Calgary Zoo. Eyare, a 2-year-old western lowland gorilla, died last week after being struck in the head by a hydraulic door a staff member accidentally activated, the zoo said in a statement…
Israeli strikes on northern and central Gaza killed at least 87 Palestinians in 24 hours, local health authorities said, as the death toll in the enclave surpassed 44,000. In an interview with Hamas’ Al-Aqsa TV, he said about 200 people were believed to have been at the site when the…
A decision by the International Criminal Court to issue arrest warrants for Israeli officials was met with anger and annoyance at Jerusalem’s bustling Mahane Yehuda Market. But the most palpable sentiment was one of unity. “I think it’s terrible. What about Putin? What about the real evil people?” Sarita Katzin…
The 27-year-old son of Norway’s crown princess has been accused of a second rape just days after he was arrested on suspicion of the same offense. Following a detention hearing at Oslo District Court on Wednesday for the first alleged offense, police prosecutor Andreas Kruszewski said Oslo Police District had…
Ukraine has been hit by a surge in Russian ballistic missile attacks, about a third of which used North Korean weapons that can only fly because they run on Western circuitry, obtained despite sanctions, according to Ukrainian military officials. August and September saw a spike in ballistic missile attacks, when…