AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
Israel's economy is struggling. Economists say ending the war would help
In Haifa’s flea market, forlorn merchants polish their wares on empty streets. Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country's leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict. Prime Minister Benjamin Netanyahu has tried to allay concerns by saying the economic damage is only temporary.
Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
As many as 11 entities are applicants for a full license with the regulator.
Telegram Says It Is Compliant With EU Digital Services Act After Founder Pavel Durov's Arrest
The company says its CEO has nothing to hide as Toncoin's losses subside.
Its economy and infrastructure battered, can Lebanon afford a war with Israel?
The ferocious exchange of fire by Hezbollah and the Israeli military is raising fears of a regional war beyond the tense border. The risks for Lebanon are far greater than in 2006, when a monthlong war with Israel ended in a draw. Lebanon has struggled with years of political and economic crises that left it indebted, without a stable electricity supply, a proper banking system and with rampant poverty.
Oil Rises as Israeli Strikes on Lebanon Ratchet Tensions Higher
(Bloomberg) -- Oil advanced after an Israeli strike on Hezbollah targets in southern Lebanon raised tensions in the Middle East.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High, Democrats Hone YIMBY MessageGlobal benchmark Brent rose toward
Europe’s economy is doomed to stagnation unless it takes a riskier course, Nobel laureate warns
"This is where Europe’s principal problem lies: in a range of areas, from artificial intelligence to semiconductors to quantum computing, the US and even China are leaving Europe in the dust."
Fed’s Powell Nods to Upcoming Strategy Review as Officials Prepare to Cut Interest Rates
(Bloomberg) -- In Jackson Hole this weekend, Federal Reserve Chair Jerome Powell outlined two priorities for the months ahead: keeping the US economy afloat while also taking a closer look at what went wrong over the past few years.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South Americ
Oil’s Hot Summer Is Ending, Posing Risks for Majors and OPEC+
(Bloomberg) -- After a strong start to the summer, the outlook for oil prices is unravelling — leaving trading desks, supermajors and Middle East producers grappling with what comes next. Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High, Dem
TON Down 14% as Telegram CEO Pavel Durov Arrested in France
Durov's arrest stems from a warrant issued by France's OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram's lack of moderation...