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CRYPTO
BTC price eyes $112K as risk assets ‘ignore bad news’ on unemployment
Key points: Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session. BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking. Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open as…
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FINANCE
How these two major credit scoring models compare
When you apply for a credit card or loan, creditors need a quick way to determine if you’re trustworthy. How do they do it? Before the invention of credit scores, they had to get creative. Creditors relied on anything from letters of recommendation to financial background checks, and some just used their personal judgment. Thanks to FICO, things have changed.…
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ECONOMY
Nonbanks and Banks: Alone or Together?
Nicola Cetorelli, Gonzalo Cisternas, and Asani Sarkar Nonbank financial institutions (NBFIs) constitute a variety of entities—fintech companies, mutual funds, hedge funds, insurance companies, private debt providers, special purpose vehicles, among others—that have become important providers of financial intermediation services worldwide. But what is the essence of nonbank financial intermediation? Does it have any inherent advantages, and how does it interact…
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MARKET
Thanks to cheap gas, Americans may travel in record numbers for Memorial Day — and hit pause on other economic worries
U.S. consumer sentiment stands near a record low, but that isn’t expected to dampen plans for the Memorial Day weekend, which will see gasoline prices at their lowest for the holiday in years, while the number of American travelers is expected to reach a record high. Source link
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MONEY
How To Decide What To Blog About if You Want To Make Money
When someone asks me how to start a blog, one of the first questions they usually follow up with is: “But what should I blog about?” If that sounds like you, just know you’re not alone as I get questions like this all the time. People are excited to start a blog, but they feel… When someone asks me how…
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SOCIAL MEDIA
Meta Launches Ray Ban AI Glasses in More Regions
Meta’s Ray Ban AI glasses are now available to a lot more users, with Meta launching the device in Mexico, the UAE and India, in its biggest hardware expansion yet. Consumers in each region will now be able to get their hands on a pair of Meta’s increasingly popular connected wearables, which have taken off since Meta added live AI…
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GADGET
Anthropic’s Claude Opus 4 model can work autonomously for nearly a full workday
Anthropic kicked off its first-ever Code with Claude conference today with the announcement of a new frontier AI system. The company is calling Claude Opus 4 the best coding model in the world. According to Anthropic, Opus 4 is dramatically better at tasks that require it to complete thousands of separate steps, giving it the ability to work continuously for…
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MOBILE
It’s the end of the road for the Nothing Phone (1)
The Nothing Phone (1) will not get an update to Android 16, which Google plans to release next month. This has been officially confirmed by the company itself in a brief statement: “Nothing Phone (1) will not support Android 16, but it will still receive security updates”. While sad, this news is anything but surprising, as the Nothing Phone (1)…
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SCIENCE
Trump Leaves Disaster-Struck States Waiting Weeks for Sign-Off on FEMA Aid
CLIMATEWIRE | Public officials have started pleading with the Trump administration for help in recovering from deadly disasters as President Donald Trump triggers frustration in states struck by tornadoes, floods and storms by taking no action on requests for aid. Trump has left states, counties and tribes in limbo as he delays making decisions on formal requests for millions of…
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CELEBRITY
Epic Universe’s Wizarding World of Harry Potter: All the Secrets
The actress was barely 10 when she started playing Ginny Weasley, going from “Ron’s little sister” to Harry Potter’s soul mate over the course of the films. Wright graduated from the London College of Communication and formed her own production company, BonBonLumière, in 2012. In addition to acting in such movies as After the Dark and Who Killed Nelson Nutmeg?, the artist…
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