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The Japanese Yen declines as the US Dollar improves due to the failed assassination of former US President Donald Trump. The JPY may experience volatility amid speculation about potential intervention by Japanese authorities. Japanese authorities are estimated to have expended between ¥3.37 trillion to ¥3.57 trillion to curb the rapid depreciation of the JPY. The Japanese Yen (JPY) edges lower on Monday as the US Dollar (USD) strengthens amid rising risk aversion triggered by the attempted assassination of former US President Donald Trump on Saturday. Analysts speculate that if this event boosts Trump’s chances in the upcoming elections, it may…

A chorus of right-leaning tech and business leaders, led by X owner Elon Musk, used their online megaphones in the wake of Saturday’s attack to criticize the Secret Service’s diversity initiatives, condemn Democratic donor Reid Hoffman, and make unsubstantiated allegations about the shooting.The claims by powerful business leaders with large online followings helped influence the direction of platform itself, as well as the storylines viewed by millions of people. Musk’s post endorsing Trump after the shooting received the most engagement of any post on X related to the attempted assassination, said Graham Brookie, the Atlantic Council’s vice president for technology…

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The 2024 WWE Money in the Bank event in Toronto, Canada, delivered numerous unforgettable moments and intense matches. Among the highlights was John Cena’s emotional announcement of his impending retirement from in-ring competition in 2025. In fact, some believe Cena’s retirement tour will be a money-making festival for WWE. During the event, John Cena stepped into the ring to a thunderous ovation and made a surprising announcement: he would be retiring from in-ring competition. The crowd’s reaction was a blend of admiration and sadness as they absorbed the news. In an emotional speech, Cena expressed his gratitude to the Canadian…

LinkedIn’s making a new pitch to B2C marketers, based on its latest member research, which shows that LinkedIn users, in general, have more money to spend, and are also more keen to spend on luxuries than those on other platforms. Based on its 2023 “Meet the Member” research, LinkedIn has partnered with Interpret to provide some new overviews of key trends, which could factor into your marketing plans. First off, LinkedIn notes that compared to active users on other platforms, LinkedIn members earn higher average household incomes (+19%), and also claim larger median owned assets (+9%).   And LinkedIn users are…

In this series, manpower reporter Tay Hong Yi offers practical answers to candid questions on navigating workplace challenges and getting ahead in your career. Get more tips by signing up to The Straits Times’ HeadSTart newsletter. Q: I would like to try my hand at freelance work. How do I protect myself? A: A freelance role offers flexible working arrangements that cater to individuals aiming to balance their personal and professional lives, said Ms Jean See, director of the National Trades Union Congress Freelancers and Self-Employed Unit (U FSE). However, the arrangement is not without risk, which can be mitigated…

A closely followed on-chain analyst says billions of dollars worth of Bitcoin (BTC) were sent to digital asset exchanges in the last 30 days. Analyst Ali Martinez tells his 67,000 followers on the social media platform X that Bitcoin holders moved tens of thousands of BTC to crypto exchanges last month where they could potentially be sold on the open market. “Over the past month, 58,956 BTC, valued at approximately $3.54 billion, were transferred to crypto exchanges!” Source: Ali Martinez/X The trader’s chart appears to suggest that traders began sending their Bitcoin to exchanges during the second week of June,…

(Bloomberg) — Asian stocks were set for a mixed open as US equity futures fluctuated after the attempted assassination of Donald Trump reinforced speculation that his chances of winning the November presidential election have increased.Most Read from BloombergS&P 500 contracts were little changed in early Asian trading. The US dollar edged up against most currencies. Bitcoin topped $60,000 in the wake of the attack.Cash trading of US bonds is closed in Asia due to a holiday in Japan. US Treasury futures fell, indicating yields will rise when cash trading begins in London. Australian bond yields edged lower.“Not reacting may prove…

In a recent thematic investing report, Barclays analysts discussed the energy demands poised to accompany the rise of artificial intelligence (AI) technologies, with a particular focus on NVIDIA’s (NASDAQ:) role in this landscape. According to analysts, the projected energy needs tied to AI advancements underscore a crucial aspect of NVIDIA’s market outlook. Barclays’s analysis indicates that data centers could consume more than 9% of the current U.S. electricity demand by 2030, driven largely by AI power requirements. The “AI power baked into NVIDIA consensus” is one of the key factors behind this substantial energy forecast, analysts noted. The report also…