Business

This is a published version of our weekly Forbes Crypto Confidential newsletter. You can sign-up to get Crypto Confidential as soon as it is published in your inbox here. AI needs bitcoin miners.getty Bitcoin Miners Have The Power That AI Companies Covet Bitcoin miners have what artificial intelligence purveyors need: power. A number of the…

WAKE COUNTY, N.C. (WTVD) -- Data from Triangle MLS shows that sky-high demand for real estate in Cary, Apex and Morrisville is fueling stubbornly-high home prices, even after Apple's announcement in June that their plans for an RTP campus would be delayed by 4 years.Data for June 2024 showed a tick-up in the median home sale price for Cary, Apex…

David Ellison’s Hollywood career has been defined by high-octane blockbusters filled with suspense, stunts and improbable plot twists.But on Sunday he landed his biggest cliffhanger yet, striking a deal to merge with Paramount after months of negotiations with the company and its controlling shareholder, Shari Redstone. If the deal closes, he…

For a run down of the NFP, market moves, and implications, check this out:On Sunday Wall Street Journal Fed watcher Timiraos said the result boosted the chance of a Federal Open Market Committee (FOMC) rate cut at the September meeting, due to:the unemployment rate ticked up to 4.1%, a sign of slack in a labor market that has already shown some…

Chairman of the Swiss National Bank (SNB) Thomas Jordan spoke on in an interview published on Friday by Le Temps.Adam had the headlines. ICYMI Jordan had pointed comments on the Swiss franc:CHF can be significantly influenced by political "uncertainties" both within Europe and globally“This is something we need to take into consideration” and…

1 in 4 Americans in their 50s will become 'silver squatters' and need financial support from family in retirementFew retirees dream of spending their golden years living in their adult kids’ basements or begging family members for money.Unfortunately, that's the harsh reality for a significant number of GenXers, according to Prudential's 2024…

22h30 ▪ 5 min of reading ▪ by Fenelon L. The bankruptcy of FTX could have unexpected effects on the crypto market. While the defunct exchange is preparing to redistribute $16 billion to its aggrieved customers, experts are predicting significant buying pressure on Bitcoin and Solana. This massive injection of liquidity could well energize a…

Welcome to the July 2024 edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company—a commercial real estate brokerage that has helped Maine’s restauranteurs buy and lease restaurant spaces since 1975. This resource gathers in one convenient place the spaces available in Portland (and a few in the…

NASCAR showed off a new EV prototype stock car at the Chicago Street Race today as part of a presentation on its sustainability initiatives, which it has a new partner for in Swedish electrification firm ABB. The car, which looks more like a performance crossover like the Ford Mustang Mach-E, is in many ways a total departure from the…

Via Metal MinerClearly, China's economy is not yet back on the recovery track, as evidenced by the mixed bag of data for May released on Monday. According to data from the National Bureau of Statistics (NBS), industrial production in China saw a 5.6% increase in May 2024 compared to May 2023. However, overall production was also down from…