If ByteDance is actually forced to sell TikTok, it might not include the app’s algorithm.But that might not be a huge issue for a new owner. “For You” recommendations could be recreated.TikTok has said it won’t sell — and will fight the ban in court. The…
By Marie MannesSTOCKHOLM (Reuters) – Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. The world’s second-biggest appliances maker reported on Friday an operating loss…
NZD/USD remains steady due to risk appetite improvements for risk-sensitive currencies. The gains of the US Dollar could be limited due to the lower US Treasury yields. New Zealand’s ANZ-Roy Morgan Consumer Confidence decreased to 82.1 in April, reaching its lowest level since 2008. The NZD/USD pair showed positive movement, trading…
Crypto whales recently transferred a total of $1.3 billion in USD Coin (USDC) to the major exchange platform, Coinbase. Market analysts are viewing these transfers as a potential giant buy signal. This massive influx of funds occurred in synchronized transactions from five different addresses. Consequently, this development has ignited speculation…
The Supreme Court appeared ready to reject former President Donald Trump’s claims of sweeping immunity and the broad protections he has sought to shut down his federal election subversion case, but also reluctant to give special counsel Jack Smith carte blanche to pursue those charges. After nearly three hours of…
Jenna Ortega’s new Wednesday co-star Thandiwe Newton just joined Tim Burton’s acting family, following in the footsteps of an actor she’s very familiar with. Variety reported Tuesday that Newton would be joining Season 2 of the hit Netflix Netflix series in an unspecified role. Wednesday marks the first time Newton…
Cboe plans to close its spot crypto trading platform by Q3, with…
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FRANKFURT (Reuters) – Euro zone consumers lowered their expectation for inflation over…
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By Rae WeeSINGAPORE (Reuters) -The yen fell amid volatile trade on Friday…
POLITICS
View MoreThe Department of Justice doubled down on its decision to not release the audio files of President Joe Biden’s interview with special counsel Robert Hur to House Republicans, stating that Republicans have not established a legitimate legislative purpose for demanding these recordings, in a new letter obtained by CNN. The letter from DOJ Assistant Attorney General Carlos Uriarte to House Oversight Chair James Comer and House Judiciary Chair Jim Jordan sets up a showdown with Republicans who have continued to threaten holding Attorney General Merrick Garland in contempt of Congress for not releasing the audio recordings of the interviews Hur…
A wild day of often outlandish legal arguments and tabloid tales could not obscure the stakes for the country. Only Donald Trump could conjure a two-city legal spectacle that gave…
‘A big mistake’: Ex-Trump White House lawyer reacts to Trump’s mention of Charlottesville Former White House attorney Jim Schultz reacts to former President Donald Trump’s remarks comparing campus protests about…
Senate Minority Leader Mitch McConnell stood by his past comments that presidents should not have absolute immunity from criminal prosecution for their actions while in office. After the Supreme Court…
Markets
View MoreThe core Personal Consumption Expenditures Price Index is set to rise 0.3% MoM and 2.6% YoY in March. Markets see…
Finance
View MoreLara Trump says the RNC has been working hard to tackle voter fraud ahead of the upcoming elections.”We have lawsuits in 81 states right now,” Lara…
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Analysts emphasize understanding post-halving impacts for crypto investors. Doctor Profit warns against…
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TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media reports that ByteDance…
Economy
By Leika KiharaTOKYO (Reuters) -The Bank of Japan kept interest rates around…
Fintech
Microsoft and Alphabet reported quarterly earnings that beat Wall Street’s expectations.Their CEOs…
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