Stocks drift higher as traders brace for Fed decision

Stocks drift higher as traders brace for Fed decision

U.S. stocks fell Wednesday, with investors looking ahead to the Federal Reserve’s latest monetary policy decision against the backdrop of elevated inflation and a still-tight U.S. labor market. The S&P 500, Dow and Nasdaq each accelerated to the downside in intraday trading. Treasury yields rose across the curve, and the benchmark 10-year yield hovered just … Read more

Powell Set to Raise Interest Rates a Half Percentage Point

Powell Set to Raise Interest Rates a Half Percentage Point

Federal Reserve officials have suggested the central bank could raise its benchmark interest rate by half a percentage point at its Federal Open Market Committee meeting May 3-4. Aggressive action now would help the central bank tame excess demand levels, many Fed officials believe, even as some observers worry that the job market may suffer … Read more

Building the Bitcoin industry: a lesson from history?

Building the Bitcoin industry: a lesson from history?

When mass production emerged in the nineteenth century, its success was built on a few important ideas: – Assembly lines to integrate the work of different teams making components – The mechanisation of human labour – The interchangeability of component parts, leading to… – Uniformity of output Together, these principles became known as ‘the American … Read more

Good news for gamers! iQOO, Battlegrounds Mobile India (BGMI) 2022 come together for eSports tournaments

Good news for gamers! iQOO, Battlegrounds Mobile India (BGMI) 2022 come together for eSports tournaments

Krafton Inc., the publishers of Battlegrounds Mobile India (BGMI) announced iQOO as title sponsor for four eSports tournaments, all to take place in 2022. Krafton, the publishers of Battlegrounds Mobile India (BGMI), has named the smartphone brand iQOO as the title sponsors of BGMI 2022 esports tournaments. According to the company, BGMI will host four … Read more

CMPD to discuss sexual assault case at news conference

CMPD to discuss sexual assault case at news conference

CHARLOTTE, N.C. (WBTV) – Charlotte-Mecklenburg Police are set to discuss a sexual assault series case on Wednesday. CMPD officials are set to give the update during a 10:30 a.m. news conference. No other specific information on the case was provided ahead of the news conference. WBTV will stream the update live on our website and … Read more

Why fossil fuel companies see green in Bitcoin mining projects

Why fossil fuel companies see green in Bitcoin mining projects

Of all the corporate climate hype floating around this spring, ExxonMobil’s secret project to cut down its pollution by mining Bitcoin has to rank up there as one of the strangest. Exxon launched a pilot project in 2021 to mine Bitcoin in North Dakota’s Bakken oil fields, according to reporting by CNBC in March. The … Read more

Thymesia Demo Review – When Sekiro Met Bloodborne

Thymesia Demo Review – When Sekiro Met Bloodborne

Check out our Review / Impressions of the Thymesia Demo here: With the release and commercial success of Elden Ring, attempting to bring a new Soulslike Action-RPG into the market seems like a risky move. Thymesia, developed by Overborder Studios as their debut title and published by Team17, seems to offer a slight variation on … Read more

A Chinese man called “Ma” was detained. The news wiped $26 billion off Alibaba’s stock

A Chinese man called “Ma” was detained. The news wiped billion off Alibaba’s stock

Alibaba, the Chinese e-commerce giant Ma co-founded, saw its Hong Kong-listed shares plunge as much as 9.4% Tuesday after Chinese state media reported that an individual surnamed “Ma” in the city of Hangzhou — where Alibaba is based — had been detained on national security grounds. According to China’s state broadcaster CCTV, the suspect was … Read more

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition – Bitcoin News

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition – Bitcoin News

Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley … Read more