November 8, 2024

BTC At $75K, Altcoins Flux, NEIRO Up 22%

Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment. Meanwhile, Neiro (NEIRO) popped up as the day’s top gainer. Besides, the global crypto market cap dipped 2.64% to $2.48 trillion today. Moreover, the total market volume witnessed a 37.63% decrease to $134.43

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November 8, 2024

The stock market is entering ‘Crazy Town’ as valuations reach generational high, Stifel says

iStock; Rebecca Zisser/BI Stock market valuations are near generational highs, Stifel’s Barry Bannister says. Bannister predicts the S&P 500 could rise to the low-6,000s before plummeting back down. He said the market is a “mania” with valuations near 80-year highs. The stock market is “entering Crazy Town” as valuations creep toward generational highs, Stifel’s chief equity strategist Barry Bannister said on Thursday. His comments come a day after the stock

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November 8, 2024

How Trump’s victory could change abortion rights in America

Anti-abortion demonstrators listen to President Donald Trump as he speaks at the 47th annual “March for Life” in Washington, D.C., Jan. 24, 2020. Olivier Douliery | Afp | Getty Images Voters in seven out of 10 states approved ballot measures this week to safeguard abortion rights, a hot-button issue that helped drive Americans to the polls. But President-elect Donald Trump‘s victory early Wednesday could make access to the procedure more

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November 8, 2024

Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024

The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central bank provides additional relief to millions of Americans grappling with high borrowing costs.  The Fed cut, half the size of its September reduction, lowers the federal funds rate — the interest rate banks charge each other for short-term loans

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November 8, 2024

In Elon Musk’s “election integrity” community on X, false claims proliferate

Elon Musk’s political action committee has created a group on his platform X that has become a repository for election misinformation, galvanizing more than 58,000 members to report instances of “voter fraud or irregularities” that are often unsubstantiated, misleading or flat-out fabricated. The “Election Integrity Community,” which launched in late October, has hundreds of new posts each day, many of which contain misleading or false claims, CBS News found. Misinformation

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November 8, 2024

Oil prices fall as Hurricane Rafael expected to start weakening By Reuters

SINGAPORE (Reuters) – Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of Mexico will affect U.S. oil and gas output declined while the market continues to weigh how President-elect Donald Trump’s policies might affect supplies. futures fell 26 cents, or 0.3%, to $75.37 per barrel by 0209 GMT. U.S. West Texas Intermediate (WTI) crude gained 35 cents or 0.5% to $72.01. The benchmarks

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November 8, 2024

Allegiant Air pilots vote to authorize strike action, union says By Reuters

(Reuters) – Allegiant Air’s pilots have voted in favor of authorizing a strike action if the carrier fails to reach a fair agreement, the Teamsters union said on Thursday. The union, which represents 1,300 pilots of the low-cost U.S. carrier, said 97.4% of the Allegiant Air pilots voted for authorizing a strike. “Allegiant pilots are some of the most overworked and underpaid in the airline industry,” the union said in

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