More than two-thirds of Ron DeSantis’s donations have come from individuals who have maxed out their contributions and cannot donate again to his primary campaign, raising questions about the sustainability of the Florida governor’s challenge to Donald Trump. While DeSantis brought in a sizeable $20.1mn in the second quarter, according to the latest campaign finance
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Microsoft moved a step closer to sealing its contentious $75bn purchase of Activision Blizzard with the announcement on Sunday that arch-rival Sony has signed a licence for the games company’s most popular title, Call of Duty, after the deal is completed. The agreement signalled a truce between the two gaming giants after a bruising 18-month
Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that they remain active at higher levels. However, a
CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain,
Turkey has tripled petrol taxes as the government tries to raise money to recoup the cost of huge giveaways ahead of May’s election and fund reconstruction costing up to $100bn after February’s devastating earthquake. Taxes on regular petrol were increased about 200 per cent to TL7.53 a litre, with levies on diesel and a series
Europe will need to step up its response to Washington’s Inflation Reduction Act as the US programme to finance the industrial green transition is set to be larger than expected, Brussels’ economy chief has warned. Paolo Gentiloni, the EU economy commissioner, told the Financial Times that the bloc had enough money on the table for
Bitcoin (BTC) at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests. According to figures from crypto analytics firm Glassnode, a record amount of BTC changed hands near current spot price. Bitcoin: “Big move coming” thanks to buyer interest BTC price action may have stalled near the $30,000 mark, but buyer
The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation. Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, the report indicates that the
On paper, the EU should be an attractive partner for many low- and middle-income countries across the globe. It is the biggest market in the world, its social model is widely admired and it is less pushy on foreign policy alignment than either China or the US. Also on paper, Latin America should be the
Lina Khan has had a rough few days. The Federal Trade Commission chair suffered a setback in her ambitions to beef up antitrust enforcement for the Big Tech era when a California judge rejected her attempt to halt Microsoft’s $75bn purchase of Activision Blizzard, a video game maker. On Thursday, Khan endured a four-hour grilling
Temperatures are expected to hit record highs in Italy this week as much of southern Europe bakes in an intense heatwave that has driven authorities to mobilise medical facilities for the most vulnerable and warn people to stay indoors in the middle of the day. The extreme heat is raising fears for public health after
In this article USFD NVDA META AAPL Follow your favorite stocksCREATE FREE ACCOUNT A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters The second half has kicked
Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not be considered a security. Senator Lummis highlighted that this ruling underscores the urgent need for Congress to establish a comprehensive and unambiguous
Olaf Scholz came to power promising to alleviate Germany’s housing shortage by building 400,000 homes every year. But nearly halfway through his term, the chancellor’s failure to reach that goal weighs heavily on millions of Germans struggling with high inflation, unemployment and rising rents. Just 295,300 dwellings were built in Germany in 2022, well short
UBS executives have chosen EY for one of the world’s most lucrative banking audit contracts after deciding to retain the Big Four firm following its takeover of Credit Suisse. EY, which has been UBS’s external auditor since 1998, will audit the enlarged bank from 2024, according to people with knowledge of the decision. The size
Russian authorities have banned thousands of officials and state employees from using iPhones and other Apple products as a crackdown against the American tech company intensifies over “espionage” concerns. The trade ministry said that from Monday it will ban all use of iPhones for “work purposes”. The digital development ministry as well as Rostec, the
The writer, a former US Treasury secretary, chairs the Paulson Institute There is widespread agreement that climate change is an existential threat. But in our rush to address this challenge, our efforts must not heighten another, more immediate one: the global decline of biodiversity. We are losing species at more than 1,000 times the natural
This is part of a series, “Economists Exchange”, featuring conversations between top FT commentators and leading economists In the past decade, the number of national industrial policies globally has more than doubled. Challenges such as the pandemic, the cost of living crisis and climate transition have reignited an appetite for governments to play a more
Hollywood has not seen anything like it in more than 60 years: thousands of striking actors and writers picketing together outside movie and TV studios, where production has ground to a halt. Demetri Belardinelli, who has acted in TV shows such as Silicon Valley, was among hundreds of picketers outside Walt Disney’s Burbank studios in sweltering
In this episode of let’s talk stocks, we are going to take a look at the technical analysis basics of a flag stock chart pattern, which is a continuation pattern. I’m going to show you what this pattern looks like, the previous trend, volume, projections, entry points, and a few final tips for trading this pattern.
Global companies are accelerating their push to decouple China data in response to the country’s increasingly stringent data and anti-espionage laws, as relations between Washington and Beijing deteriorate. The drive for full localisation of data in China and separation of information technology systems from the rest of the world is happening as Beijing strengthens its