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Shopify partners with Coinbase and Stripe in landmark stablecoin deal
Big Tech’s fever for stablecoins won’t stop. The e-commerce giant Shopify announced Thursday that it was rolling out stablecoin payments to all users on its platform later this year in its largest crypto play yet.The publicly traded tech company...
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Dollar sinks to three-year low on Trump tariff threat
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s latest trade threats pushed the dollar to its lowest level in three years on Thursday as rising...
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Federal R&D funding boosts productivity for the whole economy − making big cuts to such government spending unwise
Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports.The Trump administration has already canceled at least US$1.8 billion in research grants previously awarded by the...
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Bluesky is backfiring. Mark Cuban says the ‘lack of diversity of thought’ is actually pushing users back to X
Billionaire Mark Cuban, who has been an active Bluesky user and supporter for several months now, said this week he thinks the social media platform has gotten “ruder and more hateful.” Its liberal-heavy user base makes it challenging to...
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Patron Capital Secures Major Investment From Mitsubishi Estate to Accelerate European Growth and Expand Into New Subsectors
Article contentLONDON — Patron Capital (“Patron”), the pan-European institutional investor focused on property-backed investments, has secured a major investment from Mitsubishi Estate Co., Ltd. (“MEC”), through its Mitsubishi Estate Global Partners (“MEGP”) investment management business. MEGP is purchasing a...
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Oil prices surge on fears of escalation in the Middle East
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldOil prices rose sharply on Wednesday after the US defence department authorised dependants of service members in parts of...
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Goldman Sachs wants students to stop using ChatGPT in job interviews with the bank
Goldman Sachs is cautioning its young job-seekers against using AI during the interview process. Instead, the $176 billion bank is encouraging applicants to study up on the firm in preparation. Other businesses like Anthropic and Amazon have also warned...
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Pentagon launches review of Aukus nuclear submarine deal
The Pentagon has launched a review of the 2021 Aukus nuclear submarine deal with the UK and Australia, throwing the security pact into doubt at a time of heightened tension with China.The review to determine whether the US should...
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Dogecoin rebounds 3% as Elon Musk backs down from feud with Trump
Dogecoin, a crypto memecoin that tends to fluctuate on Musk-related news, rebounded on Wednesday after tech billionaire Elon Musk backed down from an escalating feud with President Donald Trump. “I regret some of my posts about President @realDonaldTrump last week,”...
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You’re probably richer than you think because of the safety net – but you’d have more of that hidden wealth if you lived in...
How wealthy are you?Like most people, you probably would do some math before answering this question. You would add up the money in your bank accounts, the value of your investments and any equity in...
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Russia the first to recognise Taliban government in Afghanistan
Tabby WilsonBBC News Digital - WorldGetty ImagesRussia was one of very few countries that did not close down their...