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All investment is risky. What better way to avoid that risk than to use other people’s money? Federal, state, and local governments dispense gifts, grants, and loans to private companies, generously funded by taxpayers and usually with vague promises of economic development in return. While politicians say they don’t like to pick winners and losers,
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Loading… Loading… During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates. Additionally, economic data released Thursday morning revealed a robust labor market, with unemployment benefits registering well below expectations for
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Loading… Loading… Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today. The price of Bitcoin BTC/USD remains stable around $46,250 at
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Loading… Loading… TradesViz, which started as a project by Pavitra Kumar (aka PK) during his time at Georgia Tech, recently earned a spot as a finalist in the Best Portfolio Tracker and Best Data Analysis Tool categories at the Benzinga FinTech Awards 2023. The startup has quickly become a standout in trading analytics and portfolio
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Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US gross domestic product grew at an annualised rate of 3.3 per cent during the final quarter of last year, capping off a stronger-than-anticipated 2023 for the world’s largest economy. While the fourth-quarter rate was
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Loading… Loading… Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today. The price of Bitcoin BTC/USD remains stable around $46,250 at
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Loading… Loading… The total cryptocurrency market capitalization rose to $1.69 trillion on Monday, reaching the highest valuation since May 2022. The surge in valuation comes amid escalating expectations for the landmark approval of a spot Bitcoin BTC/USD Exchange-Traded Fund (ETF), setting the stage for what could be a landmark year in the digital currency space.
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Loading… Loading… Mizuhoanalyst Dan Dolev provided his 2024 FinTech & Payments outlook. The analysts top picks includedAffirm Holdings, IncAFRM ,Fidelity National Information Services, IncFIS ,Robinhood Markets, IncHOOD , andBlock, IncSQ . Dolev noted that AFRM is more than just Buy Now Pay Later (BNPL). In his view, AFRM is an alternative payment network competing with
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