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Business News

Location American Business News for 12 May 2024
Mother's Day 2024: Public Provident Fund (PPF) among six investment options for single mothers Single mothers face unique financial challenges, needing to manage childcare and finances alone. Experts say they can consider investment options like PPF, mutual funds, government banking schemes, NCDs, REITs, and bank ...
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How this couple is utilizing retirement corpus to travel the world Kumar and his wife have covered 31 countries across five continents; South America, Antartica are next in the bucket list
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After my husband transitioned into my wife, I struggled to think of her as another mother to our kids A woman always saw herself as the mother of her kids. But when her partner transitioned into a woman, they had to rethink motherhood and parenthood.
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The US-China rivalry will reshape the landscape for Big Tech earnings Geopolitical conflict and a "tit for tat" rivalry between US and China is a risk to future tech-earnings growth, sources told BI.
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Trump offered oil execs a $1 billion campaign contribution "deal" in exchange for dismantling Biden's environmental agenda, a report says.
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Honey, I Love You. Didn't You See My Slack About It?

The New York Times - 12 May 2024 11:02
Honey, I Love You. Didn't You See My Slack About It? Some couples are using professional project-management software to maintain their relationships. Why does it bother other people?
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Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, whic...
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Bitcoin repeats '2016 history perfectly' amid $350K price prediction -- Traders Bitcoin's price chart is resembling that of just weeks after the 2016 halving as it hovers around a local bottom, according to crypto traders.
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Veteran Trader Peter Brandt Warns of SEC's Full-Scale Assault on Crypto Staking -- 'It's Going to Be a Bloodbath' Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warne...
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OpenAI's Sam Altman has a new idea for a universal basic income Sam Altman says his idea, a "universal basic compute," could potentially be more valuable than a traditional universal basic income.
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Students walk out of Jerry Seinfeld's Duke University graduation speech A 25-second video shared to X showed students standing from their seats and walking out of Wallace Wade Stadium as Jerry Seinfeld took the stage.
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Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate ...
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Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.
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A Chinese criminal ring has stolen $50 million by franchising thousands of fake online shops, experts say A Chinese criminal organization has stolen $50 million and untold credit card numbers using a franchise of over 75,000 fake online shops, a study found.
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Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the...
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OpenAI's Sam Altman says an international agency should monitor the 'most powerful' AI to ensure 'reasonable safety' Altman said on the All-In podcast this week that he wants an international agency to ensure "reasonable safety testing."
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Bitcoin's 'Existential' Challenge: Core Developer Warns of a New Era of Internal Struggles Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that cou...
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Kraken Challenges SEC Overreach in Recent Court Filing In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court docum...
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Furniture flippers are getting roasted online for painting vintage wood pieces 'millennial gray' Influencers who paint over midcentury modern wood furniture with white or "millennial gray" are ruthlessly mocked on Instagram and TikTok.
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Don't overlook the impact of AI on data management

Venture Beat - 12 May 2024 21:15
This is the moment to get serious with your data, or you'll miss the big wave. How AI can actually help you get it right.
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Authorities in Hong Kong put out a warning that a group claiming Elon Musk developed its crypto-trading software is likely using deepfakes.
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The 5 biggest bombshells of Trump's hush-money trial so far The unprecedented first criminal trial of a former President Donald Trump has delivered several stunning moments so far.
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