Author: News Room

Natural Gas price shows no signs of fatigue and resides near the high of 2024. Chevron’s Wheatstone LNG plant ountage causes supply tightening. The US Dollar Index resides near 105.00 ahead of Wednesday’s CPI and Fed meeting. Natural Gas price (XNG/USD) is sprinting higher with traders betting on a breakdown on gas supply for Europe, as Europe discusses ways of keeping flows via Ukraine alive next year and amid increasing supply from Norway. While Norwegian flows are at their highest levels since April, Europe is looking to talk to Ukraine and Russia to keep the Gas flowing. This opens up…

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In a sudden turn of events, bearish momentum took control of the XRP market after an initial bullish rally failed to break through resistance at $0.5053. Significant XRP transactions, including large outflows from crypto exchanges to unknown wallets, have raised questions about potential market moves and investor sentiment. XRP/USD 24-hour price chart (source: CoinMarketCap) According to Whale Alert, an on-chain tracking platform, three major transactions withdrew large amounts of XRP, totaling approximately $86 million. The first transaction involved 30,406,274 XRP valued at $15,073,991, while the second saw 26,440,906 XRP worth $13,173,790 being moved. Concurrently, substantial sums have been moved from…

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It’s no secret that buying a home has gotten more expensive in the U.S. But the cost of keeping and maintaining a home has gotten significantly pricier, too, which might come as a surprise to some buyers. The “hidden costs” of homeownership add up to an average $18,118 annually, or $1,510 a month, according to a new report by Bankrate.com. The national figure includes the average costs of property taxes, homeowners insurance, and electricity, internet and cable bills. It also includes home maintenance, which was estimated at 2% a year of the value of a home.More from Personal Finance:What to expect from…

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Apple fully embraced artificial intelligence on Monday, as company executives explained the features and reasoning behind Apple Intelligence, the company’s new AI software suite.But Apple’s Worldwide Developers Conference launch event was carefully crafted to distinguish the iPhone maker from current AI leaders, such as Microsoft and Google, at a panel discussion Monday afternoon.Software chief Craig Federighi and AI chief John Giannandrea said during the panel that Apple has a different approach to the technology than its Silicon Valley rivals. Unlike companies that are building AI for a broad range of products, Apple is instead focused only on the devices it…

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A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. It was nearly a year ago that CNN first reported about a cover-up at the Coast Guard Academy. That initial report about how the academy kept secret its own review of decades of sexual assault cover-ups continues to reverberate. This week, the Coast Guard Academy official in charge of sexual assault prevention, Shannon Norenberg, resigned in protest and said the Coast Guard had made her an unwitting accomplice to a cover-up. “I can no longer in good conscience be…

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BBC research indicates the global textile recycling industry is ripe for disruption: Their research shows this market is projected to reach $11.1 billion by 2028 at a compound annual growth rate of 7.0% during the forecast period. From an operational perspective, it’s feasible: Fashion for Good research found that 56% of post-consumer textiles are suitable for fiber-to-fiber recycling. This same report shows a $1.5 billion opportunity for fiber-to-fiber recycling by redirecting end-of-life textiles from landfills to recycling streams. SuperCircle, an organization born out of a collective vision to reimagine waste as a valuable resource, is tackling this opportunity with a…

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But first, it’s not AI; it’s Apple Intelligence.If this was forwarded to you, sign up here.The big storyApple’s AIArtificial intelligence is finally coming to Apple’s iPhone. Just don’t call it that.Apple’s big annual event for its software included plenty of cool unveilings.But the real star was Apple finally detailing its plans for generative AI.Apple Intelligence — it’s AI, just not that AI — is the company’s first big swing in the space. CEO Tim Cook described it as Apple’s “next big step.”Apple has faced criticism for lagging behind peers due to its lack of AI plans, but it’s still positioned…

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Russia has started using submarines to patrol the Black Sea after suffering major naval losses, according to a Ukrainian official.Dmitry Pletenchuk, a spokesman for Ukraine’s southern military command, made the statement on Ukrainian national television on Monday, per Ukrainska Pravda.According to Pletenchuk, Russia is now deploying four submarines, three of which are cruise missile carriers, to patrol the Black Sea.Russian forces “have already established practice where these submarines rotate in the morning,” Pletenchuk said, per the Kyiv Independent.He added that the submarines were operating in the Azov-Black Sea region, with two “periodically” going to sea, per the outlet.Pletenchuk’s statements came…

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(Reuters) – General Motors (NYSE:) on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles. The company had in November outlined a $10 billion stock buyback on the heels of reaching a costly new labor agreement with the United Auto Workers union. GM completed the first tranche in the first quarter and is on track to reduce its outstanding share count to under 1 billion. Its market capitalization was $54 billion as of latest close, as per LSEG…

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