Telegram's Financial Statement Reveals $400M in Crypto Holdings
Popular messaging app Telegram has found itself in the spotlight following the arrest of its CEO, Pavel Durov, on August 24.
Bitcoin Faces a Tough September as Price Dips to 2-week Low
Bitcoin (BTC) saw a sharp decline of over 2% on September 1, as the price dropped to $57,273, according to CoinMarketCap data.
Kyle Bass Says Blackballing Oil Was Always a Lost Cause for ESG
(Bloomberg) -- One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from the get-go, according to Kyle Bass.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsThe hedge fund vet
Indonesia's inflation stays within central bank range in Aug
JAKARTA (Reuters) -Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations. The August headline inflation rate was the lowest since February 2022, and matched the forecast in a Reuters poll. Bank Indonesia (BI) has a target range of 1.5% to 3.5% for inflation.
Federal workers around nation's capital worry over Trump's plans to send some of them elsewhere
Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation's capital and its suburbs. During former President Donald Trump 's administration, her office under the U.S. Department of Agriculture was told it would be moving. A rushed process that failed to consider the need to find homes, jobs for spouses and schools for children prompted some retirements, she said, and some took other federal jobs, hurting the agency in the end.
Asian Stocks Decline as China’s Economy Falters: Markets Wrap
(Bloomberg) -- Asian shares edged lower after ratcheting up four months of gains, as China’s efforts to support its ailing economy showed no signs of taking hold.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsA gauge of the region’s stocks fell, marking the first day of trad
Swiss Flavor Maker Givaudan Weighs Entry Into Pet Food Market
(Bloomberg) -- Swiss fragrance and flavor group Givaudan SA is considering entering the pet food market, potentially via acquisitions, in a bid to take advantage of a fast-growing sector. Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle Complaints“People spend more money on pets than ki
Should You Buy Dutch Bros Stock While It's Below $40?
Growth investors have their eyes on this expanding coffee shop chain.
New unproductive forces: the Chinese youth owning their unemployment
After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment influencer. The Guangzhou-based vlogger, 32, offers career advice to her 8,400 followers, charting her journey through long-term joblessness. China is under instruction to unleash "new productive forces", with government policies targeting narrow areas of science and technology including AI and robotics.
1 "Magnificent Seven" Stock That Could Go Parabolic if the Fed Cuts Rates in September
Federal Reserve Chair Jerome Powell just suggested interest rate cuts could be on the horizon.