A screen showing the price of various cryptocurrencies against the US dollar is displayed at a Crypto Panda cryptocurrency store in Hong Kong, China, on Monday, Feb. 3, 2025. After President Donald Trump unveiled his changed “reciprocal” price lists on dozens of nations on Friday, the cryptocurrency marketplace fell. The value of a bitcoin has […]
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A Florida jury has found Tesla partly answerable for a 2019 accident in which a self-driving Model S sedan killed a pedestrian and critically injured another. The plaintiffs had argued that Autopilot, the help software, had to have notified the driving force and engaged the brakes before the collision. In a declaration to the Expressepaper,
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Key PointsCoinbase shares fell after gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes.In the quarter ended June 30, Coinbase earned $1.43 billion, or $5.14 per share.Revenue rose slightly to $1.5 billion from $1.45 billion in the same quarter last year, but fell short of analyst estimates. coincidenceShares fell into the
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Key PointsOil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry watchers, predicting oil at $100 a barrel if the Strait of Hormuz is closed.MST Marquee’s Saul Kavonic portends an “oil price shock” similar to levels seen in 2022 following Russia’s invasion of Ukraine.
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Key PointsAI disruption is “unnerving investors in every industry, and it’s disrupting our business,” WPP’s outgoing boss Mark Read told Expressepaper.The advertising market is under threat from emerging generative AI tools that can be used to generate content at a rapid pace.The advertising industry is undergoing a “huge transformation” due to AI’s disruptive effects, according
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Key PointsPresident Donald Trump called Federal Reserve Chair Jerome Powell a “numbskull” as he demanded an interest-rate cut.Trump claimed at the White House that lowering rates by two percentage points would save the U.S. $600 billion per year, “but we can’t get this guy to do it.”Trump said he “may have to force something” if
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Proposals to provide additional benefits for the armed forces are also under consideration, including increases in salaries and pensions. Photo file Islamabad: In view of the strict conditions of the IMF and financial difficulties, the government has proposed a 5 to 7.5 percent increase in the salaries and pensions of government employees. The People’s Party,
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Key PointsUsed vehicle prices last month eased from a recent high in April as consumers who needed a vehicle but feared price hikes due to tariffs purchased one quickly.The Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its U.S. wholesale auctions, decreased 1.5% from April to May, but remained 4%
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Donald Trump has said he’s going to go to China after talking to its leader, Xi Jinping, over the phone.While neither facet has shown a ride to the White House, the USA president said that he had extended an invitation in response to the “superb speech.” Thursday’s call is the primary time the 2 leaders
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An influential worldwide policy institution has anticipated that US tariff obstacles and excessive interest payments on government debt will harm the UK monetary boom. The Organization for Economic Co-operation and Development (OECD) decreased its forecast for an increase in the UK this 12 months from 1.4% in March to 1.Three %. Due to alternate tensions,
Debt and trade issues weaken UK growth, OECD says Read More »