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The US debt is skyrocketing to unprecedented levels not seen since World War II. Our investing correspondent explains how we got there and how this looming financial crisis could impact you. This story is available exclusively to Business Insider subscribers. Become an Insider and start…
Bitcoin’s price is on the move, thanks to new ETFs. And thanks to the ‘halving’ just around the corner, speculation about its future price is on the move, too. The halving makes for a good show. It also reveals bitcoin’s value proposition, and what sets it apart from both traditional…
The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25.The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics. Mechanically, the halving itself shouldn’t…
The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history.The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect…
The historic first criminal trial of a former US president begins with opening statements on Monday. Get up to speed on Trump’s criminal trial Judge Juan Merchan swiftly moved through consideration of roughly 200 potential jurors to find a jury pool of 18 by midday Friday, swearing in 12 jurors…
Terence Crawford seemed set to chase another world title to add to his impeccable resume, but Jermell Charlo has positioned himself in the way of Bud’s plan. According to multiple reports, Crawford was set to challenge WBA 154-pound champion Israil Madrimov for his title on August 3 at the LA…
Post updated 4.19.24. See updates below. If you’re a fan of swashbuckling…
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By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Shareholders of the International…
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Upcoming Bitcoin halving may lead to mining power centralization and innovation as…
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Senate Majority Leader Chuck Schumer on Friday said “disagreements remain” between Democrats and Republicans as they seek an amendment agreement that would allow them to renew a key intelligence community surveillance tool before it goes dark at the end of the day. There is broad support in the Senate for Section 702 of the Foreign Intelligence Surveillance Act, and it will eventually be approved. But it has fierce critics in both parties who have privacy and other concerns and they have the ability procedurally to drag out final passage of the bill into the weekend if an agreement is not reached. “We’re…
Democrats are building a significant financial edge in the battle for the US House of Representatives, outraising their GOP counterparts and placing big fall ad reservations as Republicans grapple with…
Woman in Trump jury pool breaks down in tears Another prospective alternate juror in former President Donald Trump’s hush money trial is excused after saying she couldn’t serve and starting…
Johnson speaks out after Democrats vote with him on foreign aid bill House Speaker Mike Johnson speaks to reporters after a bipartisan group of lawmakers voted to advance a bill…
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What Happened: Shares of leading designer of graphics chips Nvidia (NASDAQ:) fell 10% in the afternoon session after major indices…
Finance
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Warner Bros. Discovery Inc. CEO David Zaslav earned $49.7 million in 2023.Zaslav’s compensation increased despite actors’ and writers’ strikes, topping his 2022 earnings.Warner Bros. reported losses…
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