Dogecoin (DOGE) has exhibited a heightened rally, surging over 363% since its August 5 low of $0.0805, currently settling at approximately $0.384. Following this upward movement, the token has surpassed the crucial 0.786 Fibonacci retracement level at $0.418, calculated from its 2021 high of $0.7488 to its 2022 low of…

OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023…

By Brigid Riley TOKYO (Reuters) – The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve. After stalling for three sessions, the greenback was…

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday after AI darling Nvidia (NASDAQ:) disappointed investors with a subdued revenue forecast, while the dollar firmed and bitcoin hit a record high in anticipation of U.S. President-elect Donald Trump’s proposed policies. Prevailing geopolitical concerns following the escalating conflict in…

POLITICS

View More

By John Kruzel and Andrew Chung WASHINGTON (Reuters) – Republican Donald Trump’s return to the presidency is expected to precipitate a shift in the U.S. government’s legal stance in major cases pending at the Supreme Court, including a closely watched dispute involving Tennessee’s ban on gender-affirming medical care for transgender minors. After Trump succeeds Democrat Joe Biden on Jan. 20, other big cases in which the new administration could change positions include ones involving the largely untraceable firearms called “ghost guns,” nuclear waste storage, flavored vape products and securities fraud, according to legal experts. Trump on Wednesday tapped Republican congressman…

Read More

Investing

The Federal Reserve cut interest rates by an “historic” 50 basis points. Then, interest rates soared. Wait. What? The Federal Funds Rate is a target (technically a target range) that influences short-term rates in the economy. Money market funds, for example, pay interest based on this benchmark. They pay 0.5%…

Fintech