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Wealthy travelers seeking sun, sand, and luxury are flocking to the Caribbean paradise next to Haiti, where armed gangs dominate
Even Fast & Furious star Vin Diesel wants to build a movie studio there. more
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World's largest asset manager wants Fed to reverse course: Slash rates to tame inflation
Rick Rieder, BlackRock’s chief investment officer of global fixed income, oversees about $2.4 trillion in investments. more
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Tiny, light-brown lizard sparks massive clash between environmentalists and oil giants
The 2.5-inch dunes sagebrush lizard is found only in the Permian Basin. more
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Pacific Coast Highway reopens after rockslide deluge
Total losses to Big Sur businesses since the slide were exceeding $1 million a day, an official said. more
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Disgruntled Boeing investors take aim at $33 million pay for ex-CEO amid ongoing safety issues
Shareholders grill executives, as questions abound over Boeing's way forward. more
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No 'Fed Speak' from Jerome Powell on remote work: Chair is working from home
The Federal Reserve Chair is sick, said a spokesperson. more
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Zyn shortages leave some retailers out of stock, while online sellers start rationing to prevent hoarding of the popular tobacco pouches
The scarcity comes after Philip Morris International, which also sells Marlboro cigarettes outside of the US, reported US volume of the nicotine pouches rocketed up 80% in the first quarter. more
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Singapore Airlines dishes out bonuses worth 8 months of salary after 2 years of record profits
Singapore’s national carrier is shrugging off a tough year for the airline industry. more
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The rise of the English major: BlackRock COO wants to recruit liberal arts consultants that 'have nothing to do with finance or technology'
As AI rises, so does the demand for critical thinkers. more
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Crypto Is Getting Political—Ethereum Giant Consensys Wants to Stay Out of It
As other firms spend millions on pro-crypto candidates, Joe Lubin tells Decrypt that Consensys has resisted the impulse. Here's why. more
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A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant
Adnan Deumic, a credit portfolio and algorithmic trader, collapsed of a suspected cardiac arrest playing soccer at an industry event and failed to respond to medical treatment including CPR. more
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TikTok’s new update to automatically label AI-generated content
The automatic labeling feature will be available for images and video content, and TikTok plans to roll out the feature for audio-only media in the coming weeks. [...] Read More... The post … more
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Arbitrum DAO Launches M&A Pilot with $3 Billion Treasury
Arbitrum DAO's $3B M&A pilot program, led by Bernard Schmid, seeks to boost DeFi growth and innovation through strategic acquisitions. The post Arbitrum DAO Launches M&A Pilot with $3 Billion … more
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Nigeria demanded $150M bribe from Binance: report
The New York Times reported on the alleged bribe, with Binance CEO Richard Teng finally breaking his silence last week and accusing Nigeria of double standards and deception. [...] Read … more
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US Senate AI Working Group releases roadmap for AI legislation, funding and research
The roadmap included recommendations on regulatory actions and a call for Congress to approve $32 billion in funding for AI research to keep the U.S. ahead of China and other countries. [...] Read … more
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$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption
Ajit Singh joins the Proof of Workforce Foundation's mission of promoting Bitcoin adoption to workforce organizations. more
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The Cost of Immigration
In the year ending June 2023, ONS statistics estimate that 1.2 million people migrated into the UK. The UK is currently spending more money on their policy with Rwanda where asylum seekers are sent … more
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Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to 2000 levels
Branson took a $126 million hit to his fortune last year as he continued to fight several fires at his Virgin Group. more
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$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF
$1.5 trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders. more
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A deepfake ‘CFO’ tricked the British design firm behind the Sydney Opera House in $25 million fraud
“Our financial stability and business operations were not affected," an Arup spokesperson said. more
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Tether still can’t dodge crime links while rival Circle builds US support
The Public Security Bureau in Chengdu, China, recently announced the disruption of a “huge underground bank” that used Tether’s USDT token as “a medium to provide illegal services to … more
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ETFs and mutual funds will be on blockchain: Franklin Templeton
Franklin Templeton President and CEO Jenny Johnson talked about the benefits of blockchain, where the technology is going, and how her firm is utilizing it. [...] Read More... The post ETFs and … more
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Tax Audit Defence Options: From Handling it Yourself to Hiring a Professional
Facing a tax audit defence can be a daunting experience, but understanding your options for defence can help alleviate some of the stress. Whether you decide to handle the audit yourself or hire a … more
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US lawmakers seek to protect homegrown AI technology from rival nations
The proposed bill would give the Commerce Department's Bureau of Industry and Security the authority to use export controls on AI and other national security-related emerging technology. … more
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‘Weekend at Bernie’s’ or ‘One Flew Over the Cuckoo’s Nest’——Anthony Scaramucci breaks down Trump vs. Biden in 2024
A second Trump presidency would mean “an orange wrecking ball for this society,” said the man who lasted 11 days in the White House on Thursday. more
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