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In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the world’s carbon emissions by 5.32%. Batten’s study notes that if
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Topline Stocks rallied slightly on Wednesday after minutes from the Federal Reserve’s most recent policy meeting showed that the central bank is likely to continue raising interest rates by a half-percentage point each in June and July, amid growing urgency to combat surging inflation and avoid an economic downturn. Key Facts Stocks moved higher as
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Moody’s Investors Service raised Louisiana’s general obligation bonds and issuer credit rating to Aa2 from Aa3 Wednesday, citing significant progress the state has made restoring its financial reserves and liquidity. Despite a trend that sees a decline in production and a rise in volatility for its gas and oil industries along with unfavorable demographics, the
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Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Superior Gold (TSXV: SGI) reported today that its Plutonic Gold Operations in Western Australia produced 16,747 ounces of gold in
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Is the current housing market in a bubble that is ready to pop? by Mark Thornton via Mises Is the current housing market in a bubble that is ready to pop? If so, what is the source and magnitude of the market distortion. The topic of a possible housing bubble has been a topic of
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Generally speaking, when the beneficiary of a life insurance policy receives the death benefit, this money is not counted as taxable income, and the beneficiary does not have to pay taxes on it. However, situations can exist where the beneficiary is taxed on some or all of a policy’s proceeds. If the policyholder elects not
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The world’s second-largest asset manager Vanguard has refused to stop new investments in fossil fuel projects and end its support for coal, oil and gas production. Chief executive Tim Buckley said the group, which manages $8.1tn for more than 30mn investors and is the largest investor in coal companies globally, was determined to safeguard its
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Cryptocurrency exchange Binance has signed a memorandum of understanding, or MOU, with the government of Kazakhstan to bolster “virtual asset market development” in the central Asian country.  The signing of the MOU, which is between Binance and Kazakhstan’s Ministry of Digital Development, Innovations and Aerospace Industry, took place on Wednesday during Changpang Zhao’s official visit
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Brilliant aquamarine waters and bleached sand beaches ring the more than 40 tropical islands that make up Turks and Caicos, an archipelago southeast of the Bahamas. Providenciales, considered the gateway to the British Overseas Territory, boasts expansive beaches, luxury resorts, shopping and more than 60 restaurants and cafes. Scuba-diving, kayaking and paddle boarding are among
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Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,” the U.S. economy could collapse. Pershing Square Founder Bill Ackman Thinks ‘Inflation Is out of Control’ While the headlines
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Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts predict further challenges ahead as consumer spending becomes increasingly hard to predict. Key Facts Retail and consumer stocks rebounded thanks to reports that Kohl’s
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Municipals extended their rally Wednesday with triple-A yields falling double-digit basis points following strong secondary trading, while a billion-dollar bond offering from Connecticut took focus in the primary. U.S. Treasuries ended slightly better, and equities were in the black. Triple-A yield curves were bumped eight to 10 basis points across the curve with the biggest
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The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
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Charles Dow was an American financial journalist who co-founded Dow Jones & Company with Edward Jones and Charles Bergstresser. He pioneered the development of the Wall Street Journal and the Dow Jones Industrial Average. Charles Dow formulated the Dow Theory, an analysis of maximum and minimum market fluctuations and the basis for technical analysis. Dow died on Dec.
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In this article DKS EXPR WEN DELL LYFT JWN Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares slid 14.4% in the premarket after it issued a weaker-than-expected outlook for the full year as it adjusts for what it calls challenging macroeconomic conditions. Dick’s reported
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Sharing is Caring! Jeff Bezos needs to spend less time whining about Elon Musk and trying to pin his weirdo affairs on the Saudis and more time hiring editors who don’t spend their days trying to bite their own ears. pic.twitter.com/lmSKGbrOoY — Sean Davis (@seanmdav) May 24, 2022 citizenfreepress.com/breaking/wash-post-mocked-for-stupidity/ Help Support Independent Media, Please Donate
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I’ve always been all-in on homeownership. Yet, for the first time in two decades since the beginning of the pandemic, I haven’t owned a home. All of which got me thinking: The National Association of Realtors (NAR) just issued a report calculating that the cost of purchasing a house in the U.S. has increased 55%
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