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Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty

Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty

Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.


Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says

A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.

UK Stocks on the Rise as Keir Starmer's Labour Party Wins General Election

The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.

Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices

Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.


Latest News

Philippines Demands $1 Million Payment from China over June 17 Incident
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
Tesla Spends Millions in Advertising Despite Elon Musk Hating It, But Why?
Tesla's short sellers lost $3.5 billion after the firm announced better-than-expected electric car sales this week.
Ray Kurzweil Hopes to Reach 'Singularity' by Merging with AI
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
Social Security Falls Short for Gig Workers' Retirement Needs—What's the Solution?
Social Security taxes alone are insufficient to provide gig workers with a secure retirement, prompting discussions on alternative strategies to ensure their financial stability in later years.
New Zealand Tourist, Wife of Businessman Doug McKay, Killed in Southern California Robbery
A New Zealand tourist, identified as the wife of prominent businessman Doug McKay, was tragically killed during a robbery attempt in Southern California.
China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence
BYD, China's largest electric vehicle maker, has opened its first factory in Southeast Asia in Thailand, marking a strategic move into the region's growing EV market supported by government incentives.
Germany Blocks Volkswagen Subsidiary Sale to China Over National Security Concerns
Germany has blocked the sale of MAN Energy Solutions, a Volkswagen subsidiary, to a Chinese firm due to concerns over national security, amidst escalating tensions with China over trade issues.
Saks Fifth Avenue's Parent Company HBC to Acquire Neiman Marcus for $2.65 Billion
HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.
SNAP Benefits Overpayment Concerns Rise in States, FNS Releases New Data
According to data released by the US Food and Nutrition Service (FNS), several states are experiencing high rates of overpayments in SNAP benefits.