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America’s banking industry is shrinking, with the number of FDIC-insured banks in the U.S. down by nearly half since 2005, according to the Federal Deposit Insurance Corporation.”Large banks have gone on a merger spree,” said Rohit Chopra, former director of the Consumer Financial Protection Bureau. “[Big banks] gobble up regional and community banks.”FDIC data shows that the U.S. has nearly 4,500 banks. Canada has only 79 banks, according to the Canadian Bankers Association.”Canada’s banking system is one of the most concentrated banking systems in the G7 countries,” said Cristie Ford, a professor of law at the University of British Columbia…

Mourners on Monday wept and the prayed over the body of freelance journalist Mariam Dagga after she was among five journalists killed by Israeli strikes on southern Gaza’s main hospital. Dagga regularly reported for multiple outlets from the Nasser Hospital in Khan Younis, including a recent story for The Associated Press on doctors struggling to save children from starvation. (AP video: Samaher Abu Farhana) Mourners on Monday wept and the prayed over the body of freelance journalist Mariam Dagga after she was among five journalists killed by Israeli strikes on southern Gaza’s main hospital. Dagga regularly reported for multiple outlets…

Spot Ether exchange-traded funds are selling like hot cakes in the US, attracting more than 10 times the inflows of their spot Bitcoin counterparts over the past five trading days. Since Aug. 21, spot Ether ETFs have seen a whopping $1.83 billion in inflows, while Bitcoin funds took only a 10th of that with $171 million, according to CoinGlass. The latest trading day on Wednesday continued the trend, with nine Ether (ETH) funds reaching $310.3 million in inflows, while the 11 spot Bitcoin (BTC) funds saw just $81.1 million. Ether has recovered faster than Bitcoin this week, with ETH prices climbing 5% from…

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Token buybacks have become a popular tactic among cryptocurrency startups, but their influence extends well beyond the balance sheet. As crypto payroll systems start to gain ground, it’s essential to discern how these buybacks can affect freelancer payout efficiency. Let’s take a look at the relationship between token buybacks and their impact on compensation structures, weighing the pros and cons along the way. What are Token Buybacks and Why Do They Matter? Token buybacks are when a cryptocurrency project repurchases its own tokens from the market, thus decreasing the circulating supply. Startups utilize this strategy to stabilize or increase their…

Nvidia delivered a better-than-expected quarterly results Wednesday night, but a few blemishes in the report — at least in the eyes of the market — has shares of the leading AI chipmaker falling in extended trading. That’s all some investors need to book profits in a stock that’s nearly doubled off its April lows. Revenue grew 56% year over year to $46.7 billion, outpacing the $46.06 billion the Street was looking for, according to estimates compiled by data provider LSEG. Adjusted earnings per share (EPS) in the three months ended July 27 increased to $1.05, exceeding the consensus estimate of $1.01,…

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In the summer of 2025, the global workforce is no longer tethered to office walls. The rise of remote work and digital nomadism has rewritten the rules of productivity, talent acquisition, and economic geography. At the heart of this transformation lies a seismic shift in how we collaborate: online freelance platforms and remote-first tech startups are not just adapting to the new normal—they are redefining it. For investors, this represents a golden opportunity to capitalize on a market poised for exponential growth. The freelance platform market, valued at $6.37 billion in 2025, is projected to balloon to $14.39 billion by…

Triangle Structure Points to Imminent Resolution Gold has been consolidating within the triangle for weeks, reflecting a pause in trend before a decisive move. Given its proximity to the pattern’s apex, a breakout is likely within the next week or so. The expectation is for an eventual upside resolution, consistent with the longer-term bullish trend. However, traders should remain aware that short-term consolidations often occur near breakout points, which could delay a sustained advance. Upside Targets Beyond the Breakout Should an upside breakout occur, higher initial targets include the $3,500 record high, followed by $3,578. A decisive move through that…

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