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Guggenheim CIO Calls Crypto 'Tulipmania' After Predicting Bitcoin Will Hit $600,000
Thursday, May 20, 2021 - 8:41am | 489Guggenheim’s Chief Investment Officer turned bearish on cryptocurrency after Bitcoin’s drop to $30,000 on Wednesday. What Happened: Scott Minerd, chief investment officer at Guggenheim Partners, seemingly reversed his stance on crypto after Wednesday’s selloff as he took to...
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What You Need To Know About Tom Brady's NFT Company
Thursday, April 8, 2021 - 6:36am | 447Seven-time Super Bowl champion Tom Brady is set to launch an NFT platform called Autograph. What Happened: The Tampa Bay Buccaneers quarterback will target some of the biggest names in sports, entertainment, fashion, and pop culture through this new platform, according to a report from CNN....
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Fintech Focus For February 25, 2021
Wednesday, February 24, 2021 - 10:06pm | 1647Quote To Start The Day: Technology is the best enabler of banking the unbanked. Source: Sultan Meghji One Big Thing In Fintech: An outage at the Federal Reserve is creating settlement issues for many financial institutions and exchanges. The Fed's service status page shows that most of its...
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Legendary TV And Radio Host Larry King Dies At 87
Saturday, January 23, 2021 - 11:21am | 216Larry King passed away today at the age of 87. What Happened: It was announced on King’s official Twitter page today that he died at Cedars-Sinai Medical Center in Los Angeles. The official cause of death has not yet been disclosed, but the TV host was hospitalized...
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Elon Musk Donates $5M To Online Education Platform Khan Academy
Sunday, January 17, 2021 - 2:40pm | 221Elon Musk has donated $5 million to educational platform Khan Academy. What Happened: Sal Khan, founder of Khan Academy, thanked Tesla Inc (NASDAQ: TSLA) founder Elon Musk for his donation, CNN has reported today. In a YouTube video, Sal Khan expressed his gratitude to Musk, who...
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Trump Acknowledges A 'New Administration' Takes Over On Jan 20, Calls For 'Calm To Be Restored'
Friday, January 8, 2021 - 2:40am | 422Outgoing President Donald Trump seemed to concede election defeat to President-elect Joe Biden publicly for the first time in a video statement, more than 24 hours after Capitol Hill’s violent protests. Trump did not congratulate Biden or use his name in the video statement. The outgoing...
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US Congress Clears $900B COVID-19 Relief Bill, $1.4T Government Spending Plan
Tuesday, December 22, 2020 - 2:39am | 507The Republican-controlled U.S Senate passed a $2.3 trillion COVID-19 relief legislation with an overwhelming majority vote of 92-6 Monday night. The legislation includes the much-awaited $900 billion COVID-19 aid package and a $1.4 trillion measure to fund the government through...
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Tyson Fires 7 Managers For Placing Bets On Employees Who Contracted COVID-19
Thursday, December 17, 2020 - 12:42pm | 322Food company Tyson Foods, Inc. (NYSE: TSN) said Wednesday that it fired seven plant management employees after an independent investigation found evidence of a COVID-19 betting pool. What Happened: Tyson supervisors and managers at a pork processing plant in Waterloo, Iowa were betting on how many...
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UK Braces For Pfizer COVID-19 Vaccine Rollout, Calls It 'Biggest Civilian Logistical' Effort
Friday, December 4, 2020 - 10:17am | 1051The UK has become the first country to approve US Pfizer-BioNTech's Covid-19 vaccine, which will be rolled out to the public early next week. Following the emergency approval, the rollout will initially be focused on hospitals rather than community settings. On Thursday,...
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PlayStation 5 Seekers Are Too Much For Walmart, Best Buy To Handle
Thursday, November 12, 2020 - 11:56pm | 539Online buyers of Sony Corporation’s (NYSE: SNE) PlayStation 5 on websites of Walmart Inc (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY) reported facing glitches on the launch day of the console, CNN reported Thursday. What Happened: Walmart had spread the sales of the console every three...
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This Is How Markets Reacted To Presidential Elections In The Past
Wednesday, November 11, 2020 - 8:32pm | 882Political news has always played a major role in financial markets: GDP, GNP, job reports, and, most importantly, presidential elections that would define the course of the economy for the next couple of years. Last week, on November 3, the country voted for its next president, and even though...
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Pelosi Calls Wolf Blitzer A Republican 'Apologist' As CNN Anchor Presses On Stimulus Impasse
Wednesday, October 14, 2020 - 3:39am | 665House Speaker Nancy Pelosi's (D-Calif.) Tuesday evening interview with CNN anchor Wolf Blitzer on the stalled stimulus bill took an ugly turn, with a heated exchange that resulted in name-calling. What Happened: Democrats and President Donald Trump's administration have ...
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US Futures Rise As President Trump's Medical Team Suggests Monday Return To White House
Sunday, October 4, 2020 - 9:52pm | 417U.S. futures spiked on Sunday night as of President Donald Trump's healthcare providers expressed optimism over his timely return to the White House. What Happened: Dr. Brian Garibaldi, a member of Trump’s medical team, said the President could be discharged from the Walter Reed...
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President Trump, First Lady Test Positive For COVID-19
Thursday, October 1, 2020 - 11:30pm | 416President Donald Trump said in a tweet early Friday he and first lady Melania Trump have tested positive for COVID-19. What Happened: "Tonight, [the first lady] and I tested positive for COVID-19," the president said. "We will begin our quarantine and recovery process immediately. We...
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Donald Trump Downplayed Coronavirus Threat From The Beginning, President Says In Taped Bob Woodward Interview
Wednesday, September 9, 2020 - 6:06pm | 703Long before he declared a national emergency over the spread of the coronavirus in March, President Donald Trump said in a taped interview with journalist Bob Woodward that he knew the virus was airborne, highly contagious and far deadlier than the flu. After he’d declared a national...