The world has seen a staggering 95% increase in the population of crypto millionaires over the past year. This surge is directly tied to the rise in popularity of bitcoin exchange-traded funds and other crypto assets. According to a report by New World Wealth and Henley & Partners, there are now 172,300 individuals globally who
The rise of artificial intelligence has sparked a surge in demand for more powerful processors and the increased energy required to cool data centers. This presents a unique opportunity for Sustainable Metal Cloud, a data center company that has pioneered the concept of “sustainable AI factories” using innovative technologies. With their HyperCubes deployed in Singapore
Fans of the Dallas Mavericks and New Orleans Pelicans are eagerly awaiting the upcoming NBA season, but they may be in for a change when it comes to watching their favorite teams play. Both franchises are parting ways with their regional sports networks owned by Diamond Sports, as revealed in a recent bankruptcy court filing.
Federal Trade Commission Chair Lina Khan is taking a bold step in using antitrust laws to protect workers’ rights. The ongoing trial between grocery chain Kroger and rival Albertsons is a testing ground for this initiative, with the FTC alleging that the proposed merger would harm the bargaining power of unionized workers. This shift in
The S&P 500 closed lower on Monday, with Nvidia, a major player in the AI sector, seeing a decline before its quarterly report later in the week. Investors were also eagerly awaiting inflation data for indications on the potential direction of interest rate cuts by the Federal Reserve. The Nasdaq also experienced a dip, while
Federal Reserve Chair Jerome Powell’s recent speech at the Jackson Hole Economic Symposium indicated a notable shift in the central bank’s stance on monetary policy. Powell’s remarks highlighted the Fed’s readiness to lower interest rates, aligning with market expectations for multiple rate cuts. This move reflects a shift towards prioritizing the labor market over inflation,
The sequel to Alien, Romulus, has been a major success at the international box office. In its sophomore session, the film added $41.6M overseas, bringing its offshore cume to $152.8M. With a global total of $225.4M through Sunday, Romulus is continuing to perform well. Particularly in China, the movie is overperforming and has become the
Last week, the World Robot Conference kicked off in Beijing with a record of 27 humanoids debuting at the event, showcasing the country’s rush into the development of humanlike robots. This surge is reminiscent of China’s electric car industry a few years ago, with over 100 billion yuan already invested in the robotics sector in
In recent years, instances of the federal government revoking passports due to unpaid tax debts have increased. The law mandates that the IRS and Treasury Department inform the State Department when an American holds a “seriously delinquent tax debt.” This debt is a substantial federal amount, exceeding $62,000 as of 2024, that the taxpayer has
The latest box office numbers reveal underwhelming performances for new releases such as “Strange Darling” and “Between The Temples.” Despite the potential for success in the thriller and comedy genres, these films failed to attract a substantial audience. “Strange Darling,” a film about a twisted one-night stand that escalates into a serial killer’s murder spree,