Treasury Secretary Yellen announces $100M affordable housing fund as shelter costs weigh on Biden
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing. The announcement comes days before President Joe Biden faces off against former President Donald Trump in the
Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation
Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated inflation. “While each of us has
Tesla’s Cybertruck recalled for a fourth time over two separate parts issues
DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S. to fix problems with trim pieces that can come loose and front windshield wipers that can
UMI Price Today: Revolutionizing Decentralized Payments
UMI emerges as a decentralized blockchain network with a distinct advantage in this very volatile world of cryptocurrencies. It was carefully developed from scratch with open-source software. This is one of the reasons it can perform cost-free and lightning-fast transactions
Crypto Debate: Biden vs Trump Global Impact 2024
The state of finance in the US has changed immensely, with nearly 15.5% of the U.S. population, or about 51 million people, being holders of cryptocurrency. Being a relatively new group in this already diverse population, the rise of cryptos
Ethereum Spot ETFs Forecasted for $15 Billion Inflows
Ethereum Spot ETFs Forecasted for $15 Billion InflowsQuick Look:Ethereum (ETH)’s $405 billion market cap is significantly smaller than Bitcoin’s $1.2 trillion. Analysts forecast $15 billion in net inflows for Ethereum spot ETFs within 18 months. Typically, 75% of crypto holdings are in
US Dollar Weakness Bolsters AUD/USD
Quick Look:AUD/USD traded between 0.6600 and 0.6685, closing at 0.6648, down 0.13%. Anticipated to remain between 0.6600 and 0.6685 with limited volatility. W formation and the Federal Reserve’s liquidity actions suggest potential upward momentum. Weakness in the US Dollar enhances the attractiveness of
Crypto Mining: Efficiency Key for 2024 Profitability
Entry opportunities into the crypto mining machine market can turn out to be quite affordable, with an option starting at $2,000. However, the machines that do not have advanced features as budget models are not the most efficient.Nowadays, Bitcoin miners
Youtube Deepfake Elon Musk Cryptocurrency Scam
Quick Look:A deepfake scam featuring an AI-generated Elon Musk cryptocurrency exposes deepfake technology’s threat. Dogecoin’s price dropped by 12% after the scam, reflecting investor concerns and market volatility. A five-hour YouTube livestream mimicked a Tesla event, convincing viewers to send cryptocurrency with
Alphabet Inc. Trades Close to $155.74 52-Week High
Quick Look:Alphabet Inc. (GOOGL) is trading $1.18 below its 52-week high of $155.74, highlighting strong market performance. Alphabet’s stock outperformed some peers, with Meta Platforms rising by 1.23%. The current trading volume of 24.5 million is lower than the 50-day average of