The Biden administration’s State Department authorized more than $1 million in taxpayer funds for renovating swimming pools at U.S. embassies and mission residences in war-torn countries such as Haiti, Sudan and Iraq, a report from Sen. Joni Ernst’s office found. ‘The Biden State Department threw a blowout summer pool party on your dime,’ Ernst, R-Iowa, said in a statement provided ...
INDIANAPOLIS — Some friendly advice for WNBA leaders as they negotiate with the players on a new contract: Don’t make the same mistake U.S. Soccer did in 2019 by underestimating the players’ resolve. It will not go well for you, either in the negotiations or the court of public opinion. The players and the WNBA had their first face-to-face meeting ...
Investors honed in on tech stocks again as Q2 earnings season kicked off on Monday (July 14). Some experts believe the rallying market is showing signs of frothiness. Apollo Global Management (NYSE:APO) Chief Economist Torsten Sløk highlighted concerns about overvaluation mid-week, comparing the current tech craze to the dotcom bubble of the 1990s. “The difference between the IT bubble in ...
An XRP whale moved $70.19 million worth of the token to Coinbase, leading to growing fears about a selloff. This action happened alongside a drop in price, low volume, and mixed derivatives activity. XRP Whale Transfer Coincides with Price but Bullish Sentiment Remains The transfer of the $70.19 million XRP to the leading crypto exchange The post XRP Whale Moves ...
The Nifty traded in a broadly sideways and range-bound manner throughout the previous week and ended the week with a modest decline. The Index oscillated within a narrow 276-point range, between 25144.60 on the higher end and 24918.65 on the lower end, before settling mildly lower. The India VIX declined by 3.60% over the week to 11.39, suggesting continued complacency ...
Democrats have railed against potential Medicaid cuts since President Donald Trump won the 2024 presidential election. Now that his ‘big, beautiful bill’ has passed through Congress, they are making Medicaid a top talking point ahead of competitive midterm elections expected in 2026. Republicans, meanwhile, are doubling down on Medicaid reform included in Trump’s megabill, which also includes sweeping legislation on ...
Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is developing a brain-computer interface (BCI) system, with an initial aim to help people with severe paralysis regain some independence. BCI technology broadly can translate a ...
World No. 1 Scottie Scheffler surged into sole possession of first place heading into the weekend at golf’s final major of 2025, putting together the best round of the day (7-under 64) to wind up one shot ahead of 2022 U.S. Open champion Matt Fitzpatrick at 10-under overall for the tournament. Brian Harman, the 2023 British Open winner, also made ...
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Jack Dorsey’s Block Inc. is set to become the second crypto company to join the S&P 500 following Coinbase, which joined earlier this year. Dorsey’s fintech company provides Bitcoin payment services and also mines BTC as part of its operations. Block Inc. To Join the S&P 500 On July 23 In a press release, the The post Breaking: Jack Dorsey’s ...
Even with a few short-lived roller coaster rides, the stock market had a strong week. Though there was some selling on Friday, the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed up over the week as a whole, while the Dow Jones Industrial Average ($INDU) closed lower by 0.07%. Earnings season has started on a positive note, with big banks ...
Microsoft said it will cease using China-based computer engineering teams for work on Pentagon cloud systems and other classified systems after an investigation this week led to national security concerns at the highest levels over a program that Microsoft has used since 2016. A ProPublica report released Tuesday accused Microsoft of allowing China-based engineers to assist with Pentagon cloud systems ...