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Billionaire Ray Dalio Issues New Warning, Says US Deficits Triggering ‘Very High Likelihood of Real Problems’
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Capital One Forced to Face Lawsuit Alleging Bank Steals Commissions From Shopping Browser Extension: Report
US financial giant Capital One must face a lawsuit alleging the bank’s shopping browser extension steals sales commiss...
Billionaire Ray Dalio Issues New Warning, Says US Deficits Triggering ‘Very High Likelihood of Real Problems’
Billionaire hedge fund legend Ray Dalio says that the financial situation in the US presents a high likelihood of seriou...
Michael Saylor Doubling Down on Bitcoin Price Prediction As BTC Holds $100,000 Level
The former chief executive of the software firm Strategy, formerly known as MicroStrategy, is doubling down on his massi...
Billionaire BlackRock CEO Larry Fink Warns $36,000,000,000,000 Debt Will ‘Overwhelm’ America Unless Stellar Economic Growth Achieved
The chief executive of the world’s largest asset manager just issued a dire warning, saying that the US will drown in debt unless the country finds a way to stimulate and grow the economy. Speaking ...
T-Mobile Customers Begin Receiving $350,000,000 Payout After Major Hack and Class Action Settlement
Millions of T-mobile customers affected by a massive hack and data breach are beginning to receive their share of a $350 million class action settlement. According to the settlement administrator, the...
This Week In Techdirt History: June 1st – 7th
Five Years Ago This week in 2020, while many in the media were hedging their bets and wringing their hands in their coverage of the rapidly escalating protests over the murder of George Floyd, I was p...
Billion-Dollar Bank Sending $3,125,000 To Customers Over Alleged Breach of Contract, Improper Overdraft Fees
A US bank is preparing to pay millions of dollars to settle a lawsuit that accused the lender of breach of contract. According to a preliminary approval order, Illinois-based Midland States Bank will ...
Crypto Betting Platform Polymarket Becomes ‘Official Prediction Market Partner’ for Elon Musk’s X
The crypto betting firm Polymarket is partnering with Elon Musk’s X. Polymarket is now X’s “official Prediction Market Partner” and will kick off the partnership by co-launching a product with...
U.S. Treasury Abruptly Buys $10,000,000,000 of Its Own Debt in Massive, Historic Treasury Buyback
The U.S. Treasury Department just issued the largest buyback of its own bonds in history. The Treasury says the $10 billion operation is designed to repurchase securities maturing between July 15th, 2...
Bitcoin at Crossroads Amid Increased Selling Pressure, Warns Analytics Platform Glassnode – Here’s the Firm’s Outlook
Analytics platform Glassnode is outlining the possible path ahead for Bitcoin (BTC) amid a period of intense profit-taking. According to the analytics platform, Bitcoin is facing growing resistance af...
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