Author: News Room

Rudy Giuliani predicted on Sunday that he’ll be disbarred but said his loyalty to former President Donald Trump would be a boon for him “in heaven.””The Bar Association is going to crucify me no matter what,” Giuliani said on a Sunday episode of his podcast “Uncovering the Truth.” “I will be disbarred in New York. I will be disbarred in Washington. It will have nothing to do with anything I did wrong.”Giuliani, who led Trump’s legal challenge to the 2020 election outcome in Pennsylvania, had his law license suspended in both Washington, DC and New York in 2021.The former New…

By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have cut back their huge bet against the yen ahead of the Bank of Japan’s policy decision on Tuesday, but not by much, suggesting they don’t believe a landmark interest rate hike would do much to improve the currency’s immediate fortunes. The BOJ is expected to deliver its first rate hike in 17 years on Tuesday, bringing the curtain down on eight years of negative interest rate policy (NIRP), and the latest move to end decades of deflation-fighting, accommodative policy. As historic as that would be, however, it probably won’t move the…

In a recent series of transactions, Kenneth S. Courtis, a director at Alpha Metallurgical Resources, Inc. (NYSE:AMR), sold a significant portion of his holdings in the company. The sales, which took place on March 14, 2024, amounted to over $6.9 million in total value. The shares were sold at prices ranging from $299.25 to $312.73, reflecting the market’s variability on the day of the transactions. These sales are part of a routine disclosure by company insiders, providing transparency to investors and the market. The transactions involved a series of sales with varying amounts of shares and prices. For instance, one…

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The Bank of Japan could deliver the first rate hike since 2007. Japanese Unions clocked the largest wage increase in over three decades. BoJ’s Governor Kazuo Ueda linked monetary tightening with higher wages. USD/JPY could collapse towards 146.48 on a hawkish decision.  The Bank of Japan (BoJ) will announce its monetary policy decision on Tuesday, pretty much at the same time that the Reserve Bank of Australia (RBA) will do the same. Central banks stand out this week, which will also include the decisions of the United States (US) Federal Reserve (Fed) and the Bank of England (BoE). The BoJ…

The Bitcoin price movement last week revealed a series of ups and downs, from starting the week at a new all-time high of $73,780 to crashing 12% in the days after to reach below $65,000. Crypto data analysts have spotted massive amounts of Bitcoin being withdrawn from major exchanges during the period of uncertainty, indicating that large investors anticipate further price appreciation. According to a social media post by crypto analyst Ali Martinez, the total BTC balance on crypto exchanges fell by over 21,400 in the past week, with the creation of 13 new whales, each holding over 1,000 BTC.…

Donald Trump’s former attorney Michael Cohen and adult film star Stormy Daniels will be allowed to testify at the former president’s New York criminal trial, a judge ruled Monday. Judge Juan Merchan denied a motion from Trump’s attorneys to prevent Cohen and Daniels – two key witnesses in the Manhattan district attorney’s case – from testifying at Trump’s hush money trial, which could begin next month. The district attorney’s office charged Trump with falsifying business records, accusing him of concealing the reimbursement of hush money payments Cohen made to Daniels before the 2016 election to keep her from going public about…

Topline As concerns have grown that former President Donald Trump, 77, and President Joe Biden, 81, are too old to serve another term amid repeated rhetorical missteps since announcing their campaigns, here’s a list of the most notable recent gaffes. Key Facts Trump (March 16): At a rally in Dayton, Ohio, Trump again mistakenly referred to former President Barack Obama, this time possibly confusing himself with Obama, though it remains unclear what he might have meant: “Joe Biden won against Barack Hussein Obama, has anyone ever heard of him?” Trump asked the crowd, before adding, “every swing state, Biden beat…

Nvidia CEO Jensen Huang unveiled the Blackwell chip — a next-generation AI chip succeeding its massively in-demand H100, which has served as a backbone of sorts amid an AI gold rush.The Blackwell chip, named after statistician and mathematician David Blackwell, is at least two times faster than its predecessor, Huang said in his keynote at the GPU Technology Conference (GTC) Monday in San Jose, California.”It’s now twice as fast as Hopper, but very importantly, it has computation in the network” — which amplifies its speeds even further, Huang said. It will be able to do things like turn speech into…

OpenAI CEO Sam Altman says in hindsight, the name may not be apt for the AI company.Elon Musk, who helped cofound OpenAI, has argued that it should not be called “open” if it’s not open-source. Altman said though the company’s tech may not be entirely open-source, it is open in other ways.  Sam Altman suggested OpenAI may not be the most ideal name for the artificial intelligence company — at least in hindsight. The 38-year-old OpenAI CEO — who cofounded the company along with Elon Musk and others in 2015 — explained on Lex Fridman’s podcast that when the company was just…