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Business News

Location American Business News for 25 May 2021
'Chinese Invented Paper Money and They Will End It'- Brazil's Far-Left Praises Digital Yuan Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently p...
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With city dwellers moving to the suburbs and families looking for more space, U.S. home prices have surged.
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Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be acti...
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The deal has already been approved by the U.S. and Canadian authorities.
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Law Enforcement Investigating Suspicious Package Sent To Sen. Paul’s Home A suspicious package containing white powder and a threatening image was sent to Sen. Rand Paul's (R-KY) home on Monday.
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Gold futures see muted moves on Tuesday, but are hanging around the highest price since early January, supported by persistent weakness in the dollar and a steady retreat in U.S. government bond debt to around two-week l...
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Leaked PS Plus Games For June Are Probably Too Good To Be True June could be a seriously great game for PS Plus subscribers, but don't get your hopes up.
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U.S. stock-index futures point to a higher start Tuesday, finding support after Federal Reserve officials soothed worries over a pickup in inflationary pressures.
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Europe has fined Google $10 billion in recent years. Now Germany is investigating whether its data slurping gives it an unfair advantage. Germany's investigations center on Google's core business model of collecting and monetizing user data.
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Who's bullish now? XRP below $1, futures open interest down by 75% Traders are clearly nervous after XRP corrected by 54%, and the futures open interest premium flipped negative.
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Southern California home prices jump 20% in April, knocking down another record Southern California home priced jumped 20.2% year-over-year in April, marking the first leap of more than 20% since December 2013.
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Hedge fund Alden closes $633 million Tribune Publishing acquisition Alden Global Capital completed its $633 million purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fund's grow...
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Ether Is Undervalued After Surging More Than 50%, Say Analysts Ether has recovered lately, rallying more than 56% since yesterday. In spite of these gains, several analysts described the digital token as being undervalued and a buying opportunity.
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What $700,000 buys in seven L.A. communities

L.A. Times - 25 May 2021 14:00
What $700,000 buys in seven L.A. communities Take a look at what $700,000 -- cheaper than the median home price in L.A. County -- buys right now in seven L.A. communities.
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Patios are in full bloom as NYC eateries are bolstering outdoor areas Some of the cities restaurants are using their green thumbs to dress up outdoor areas for diners.
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Chicago Bull Zach LaVine sells Lakeview mansion for $3M

Chicago Tribune - 25 May 2021 18:18
Chicago Bull Zach LaVine sells Lakeview mansion for $3M Chicago Bulls guard Zach LaVine on May 21 sold his five-bedroom mansion in the city's Lakeview neighborhood for $3 million.
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Peloton introduces handheld gadget amid treadmill recall Peloton may be angling to sidestep its woes with a new gadget that has nothing to do with riding on a stationary bike.
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Bed Bath & Beyond Executes A Simply Stunning Brand Makeover Two months ago, Mark Tritton, Bed Bath & Beyond's CEO made the media rounds introducing the first of an estimated ten private brands expected to be launched over the next two years, with eight in 2021.
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Nearly two months ago, the Federal Reserve's reverse repo program had almost no customers. Now demand for the lending program is back to roughly $400 billion overnight, its highest since June 2017, according to Tradeweb ...
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3 South Korean Banks Say They Won't Deal with 'Risky' Crypto Exchanges Three of South Korea's five biggest banks, Woori, Kookmin (KB), and KEB Hana, have said they do not want to work with crypto exchanges, claiming the sector is "too risky" - a decision that may well jeopardize the future ...
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Classic 'Charlie Bit My Finger' Video Leaving YouTube After $761,000 NFT Sale "Chawley! That weally hurt!"
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Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fu...
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