Author: News Room

Interest rate in Australia is seen on hold at 4.35% for the third consecutive meeting in March. Reserve Bank of Australia Governor Michele Bullock will hold a press conference at 04:30 GMT. The language in the RBA’s statement and Bullock’s presser hold the key for the Australian Dollar. The Reserve Bank of Australia (RBA) is widely expected to hold the Official Cash Rate (OCR) steady at a 12-year high of 4.35% following the conclusion of its March monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT. With a rates on-hold decision fully baked in, the Australian…

Binance, the largest crypto exchange in the world, found itself combating allegations that one of its employees used insider access to boost the hottest meme coin of the moment: Book of Memes, better known as BOME. BOME, launched on Thursday and quickly emerged as a fan favorite among crypto traders and influencers over the weekend after its price ballooned by 3,000% within days. In the last 24 hours alone, the token has seen a seismic $1.83 billion worth of trading volume, according to CoinGecko. Much of that momentum was triggered by Binance’s unusual decision to list the token on its…

Best-selling author and life coach Tony Robbins was among the first people Robert F. Kennedy Jr. approached in late 2023 about being the independent presidential candidate’s running mate, according to a source familiar with the conversations. The source says Kennedy approached Robbins at least twice. Robbins made clear to Kennedy that he did not believe this is the right time for him to run for public office due to family and business commitments, the source added. The source also noted that in the conversations between the two men it was clear there are political differences between Robbins and Kennedy. Robbins,…

Watch full video on YouTube

Topline Russian President Vladimir Putin appears to have won reelection, Russian officials announced Sunday, reelecting him for another six-year term as democracy experts describe the victory as a sham and elections in the country are neither free nor fair. Key Facts Putin received more than 87% Russia’s Central Election Commission announced Sunday, with half of precincts counted—if he maintains that lead as the remainder of the ballots are counted it will be the most resounding victory he will claim to date. The election, which happened between Friday and Sunday, gave voters three alternatives to Putin, though none of the other…

Ten days ago, Chubb underwrote Trump’s $92 million bond for his E. Jean Carroll defamation appeal.But Chubb declined to handle the far higher appeal bond Trump now needs in his NY civil fraud case.The insurance giant had faced blowback after agreeing to the Carroll bond. Days after underwriting the $92 million bond for former President Donald Trump’s E. Jean Carroll defamation appeal, insurance giant Chubb has now declined to underwrite the half-billion-dollar appeal bond that the GOP frontrunner needs in his New York civil fraud case, defense lawyers revealed in a court filing Monday.Chubb’s decision leaves Trump empty-handed just one…

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…

Watch full video on YouTube