In 1964, Lyndon Johnson’s campaign for the White House released a TV ad, “Daisy”, which became legendary among political campaigners. A little girl is sweetly plucking petals, before a countdown begins and a mushroom cloud fills the screen. When LBJ won a landslide victory over Barry Goldwater, the advertising industry claimed that Daisy had proved
As the New York State Legislature returns to work Monday, lawmakers face several challenges, most importantly negotiating an agreement on a state budget that’s already more than two weeks late. Gov. Kathy Hochul unveiled her $227 billion executive budget proposal for fiscal 2024 in February. Budget approval is required by the start of the state’s fiscal year on April
The price of Bitcoin (BTC) has grown by more than 50% since Tesla unveiled its approximately $1 billion BTC sales in July 2022. In other words, the Elon Musk-owned electric carmaker would have made an additional $500 million if it had waited until today to sell. Are Tesla’s Bitcoin trades profitable? Tesla infamously dumped nearly
Buy-siders digesting the departure of Nuveen’s head of municipals John Miller from the high-yield market say they’re watching the new management’s approach to some of his largest and riskiest positions, and whether his exit will ease the concentration that characterized the market under his influence. “Talk about someone who defines a brand,” a buy-side source
On this date in 1912, one of the richest men in the world dined sumptuously aboard the White Star line’s newest and proudest ocean-going vessel on its maiden voyage across the Atlantic. Later that evening, he would guide his young wife Madeline to lifeboat No. 4 and be told he could not join her until
Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum extended recent gains, hitting an eleven-month high in the process. Bitcoin Bitcoin (BTC) was once
In this article JPM MOMO LCID BLK Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Check out the companies making headlines in premarket trading. JPMorgan Chase – The banking behemoth popped more than 5% after posting record revenue that surpassed analyst expectations due to higher interest rates. JPMorgan Chase reported revenue of $39.34 billion, beating
Discussion boards for video-gaming enthusiasts and music fans seem an unlikely place for the sharing of official government secrets. But this week, a Pentagon probe into a trove of highly classified leaked materials was traced back to Discord, an emerging chat platform popular among gamers and cryptocurrency investors and known for its light-touch approach to
Citigroup said strong consumer spending and corporate activity drove profits in the first three months of this year, even as a lack of deals and increased credit costs weighed on its bottom line. The US bank said on Friday that net income in the first quarter rose to $4.6bn, or $2.19 per share. That was
The European parliament is preparing tough new measures over the use of artificial intelligence, including forcing chatbot makers to reveal if they use copyrighted material, as the EU edges towards enacting the world’s most restrictive regime on the development of AI. MEPs in Brussels are close to agreeing a set of proposals to form part
Bitrue cryptocurrency exchange has suffered a hot wallet exploit, allowing attackers to withdraw various crypto assets worth nearly $23 million. Announcing the news on April 14, Bitrue said that it had to temporarily suspend all withdrawals due to a “brief exploit” of its hot wallet. The firm expects to reopen withdrawals on April 18, 2023,
press release PRESS RELEASE. Mystake.com is a popular non gamstop online casino platform that offers a thrilling gaming experience for players looking for casinos not on Gamstop. The site is designed to provide an immersive experience for players with a range of games including slots, table games, and live dealer games from some of the
I have arrived in Barrington, Illinois, an hour early for my lunch with Hank Paulson. The cloudless prairie sky is as big as the town is small. Although just 40 miles north-west of Chicago, Barrington betrays no shadow of its soaring urban neighbour. The main street even has a kiosk where you can deposit your
BlackRock’s assets under management increased to $9.1tn in the first quarter but net income fell 19 per cent year on year, as the world’s largest money manager struggled with squeezed margins, subdued markets and lower performance fees. Revenue was down 10 per cent year on year to $4.2bn, with performance fees on its hedge funds and
JPMorgan Chase expects to increase the profits it makes from lending and said that deposits had jumped by $37bn in the first quarter, following the collapse of Silicon Valley Bank. Net income rose 52 per cent from a year ago to $12.6bn, or $4.10 per share in the first quarter, boosted by a rise in
Social trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission under Musk, providing financial and a range of other services. Musk’s Twitter Cashtags to
Inflation affects us all, but the rate at which we experience it will depend on our unique spending habits. Use the calculator below to estimate your personal inflation rate. Why estimate your personal inflation rate? For the past 30 years, inflation has been relatively stable across advanced economies, including the UK and US. In others
Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the so-called weaponization of its ubiquitous use has made some countries consider other options for
Investors are questioning the health of the commercial real estate sector following a string of recent banking crises. Mike Kemp | In Pictures | Getty Images Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow following last month’s banking
Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped that altcoins would soon follow. Analyst eyes potential dip under $30,000 Data from Cointelegraph Markets Pro and TradingView captured new ten-month highs of $31,035 for BTC/USD on Bitstamp. The pair had risen gradually the day prior after a consolidatory period around new macroeconomic data
The winner of the Canadian lottery, Scott Gurney, has confirmed that scammers impersonating him on Facebook have conned unsuspecting victims of their bitcoins. To counter the scammers, Gurney said he has stopped accepting or sending friend requests on the social networking platform. ‘Too Good to Be True’ The Canadian Lotto Max jackpot winner, Scott Gurney,