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The US stock market is seeing a slight downturn as President Donald Trump proposes a new round of tariffs on the European Union (EU) and tech giant Apple.
In a new post on Truth Social, Trump says that he’s going to recommend a hefty tax on EU goods starting June 1st due to their unfair economic practices and unwillingness to negotiate.
“The European Union, which was formed for the primary...
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AI (artificial intelligence) creates an ethical crisis of algorithmic censorship. By glossing over this problem, we risk allowing governments and corporations to control the global conversation.
Both AI technology and industry have gone parabolic. Its censorship potential becomes greater every day.
Every one to two years since 2010, the computational power of...
Economists at the banking giant Wells Fargo think the Trump Administration’s tariff policies are unlikely to reshore a significant number of manufacturing jobs in the US for the “foreseeable future.”
Sarah House, Nicole Cervi and Aubrey Woessner argue in a new analysis that higher prices and policy uncertainty could impact US firms’ capability to expand payroll.
“As downstream industries face...
The world’s largest crypto exchange by trading volume is announcing upcoming support for an entertainment altcoin on its early-access platform.
In a new announcement, Binance says it’s adding support for Sophon (SOPH), an interoperable layer-2 scaling solution made for the entertainment industry, on Binance Alpha, a feature of the Binance Wallet which launched in December 2024 that lets users...
Rogue employees at JPMorgan Chase and TD Bank have exposed customers to fraud by accessing and sharing privileged information.
In a new filing with the state government of Massachusetts, Chase says an employee accessed its systems “without business justification” on November 5th of 2024.
The worker managed to tap into and share credit card information of a customer living in the state, which was...
Giant British retailer Marks...
A widely followed crypto analyst says that Ethereum (ETH) is gearing up for a massive swing to the upside.
In a new strategy session, pseudonymous crypto trader Pentoshi tells his 863,800 followers on the social media platform X that the second-largest digital asset by volume appears on its way to a $3,300 price tag, though no specific time frame was given.
“ETH. Getting closer for its move...
The thief behind the massive Coinbase exploit earlier this month has begun swapping their stolen crypto.
On Wednesday, pseudonymous on-chain investigator ZachXBT noted on Telegram that the exploiter had swapped $42.5+ million worth of Bitcoin (BTC) into Ethereum (ETH) via the decentralized liquidity protocol THORChain (RUNE).
ZachXBT also notes that the thief trolled him with an on-chain message...
Top US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report.
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Early Warning Services (operator of Zelle) and the Clearing House, among other commercial banks, are reportedly in talks to develop a stablecoin to compete with the cryptocurrency industry.
The Wall Street Journal cites “people familiar with...
An analyst known for making timely crypto calls believes that altcoins may have now entered a massive uptrend after Bitcoin (BTC) hit new all-time highs this week.
Pseudonymous analyst Bluntz tells his 306,000 followers on the social media platform X that altcoins may start outperforming Bitcoin as the digital assets are suddenly flashing bullish.
“Looking increasingly like a full-blown...