The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project. In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts and websites tied to
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A tranche of economic development revenue refinancing bonds issued by the Arkansas Development Finance Authority has been found to be taxable by the Internal Revenue Service. The ruling affects $5.43 million of paper issued by the ADFA in 2016. The issuer has received notice from the IRS via form 5701-B that includes a proposed adverse determination,
I just spent an entire week working in virtual reality using the new Meta Quest 3. While the experience still mostly sucked, I came away with some renewed optimism for VR in the workplace. As I took Ron’s outstretched, virtual hand for a handshake, my actual hand — in the real world — clumsily whacked
Zillow recently announced its six hottest home trends to watch for in 2024. Four of them are wellness related. No one should be surprised by this, as homeowners are increasingly acknowledging and appreciating the links between their living spaces and quality of life. That’s showing up in both home improvement and resale reports. Here are
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a house these days. On top of soaring home prices, 30-year fixed mortgage rates have been hovering near the highest level
Moody’s Investors Service revised its rating outlook for the Aaa-rated District of Columbia to negative Monday, matching its Friday action on the United States government. At the same time, the rating agency affirmed the Aaa issuer ratings and stable outlooks of Florida, Maryland and Virginia. The actions follow Friday’s outlook revision on the United States
Stay informed with free updates Simply sign up to the Russian business & finance myFT Digest — delivered directly to your inbox. The US-led price cap on Russia’s oil sales is being almost completely circumvented, according to western officials and Russian export data, forcing countries to explore ways to reinforce one of their key economic
Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCharts data. After the substantial rally, Bitcoin could face
The Financial Industry Regulatory Authority has fined Knoxville, Tennessee-based Home Financial Services $50,000 for its failure to disclose execution times, mark-ups, mark-downs and related supervisory failures on customer confirmations for thousands of municipal securities transactions. Without admitting or denying the findings, Home Financial has consented to the fine and a censure. The action arose from
In this article CYB-FF NOW AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023. Aly Song | Reuters Companies are feeling the ill effects of dampening consumer demand in a range of sectors, but select names are confident
When creating a website or developing marketing materials for yourself, a starting point might seem to be listing your awards and accomplishments. You likely have admirable credentials and skills that could be noted. If you have a long track record or experience, it could seem fitting to include these too. While these are all valid
Former U.S. President Donald Trump’s son and co-defendant, Donald Trump Jr. attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough on November 2, 2023 in New York City. Shannon Stapleton | Getty Images Donald Trump Jr. is expected to return to the witness stand Monday as the
Voters in Maine rejected a much-debated proposal to replace the state’s two largest power providers with a public utility company in Tuesday’s election. Question 3 on the ballot, which asked voters to approve the state takeover of for-profit power providers Versant and Central Maine Power Company and the creation of a non-profit, publicly owned utility
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s investment screening powers are to be pared back to make them “more business friendly”, the deputy prime minister has said, less than two years after they were introduced. Oliver Dowden will launch a
The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to 81,925 currently, a 237% increase in the last 11 months. Currently, 81,925 wallet addresses
Solana’s native token, SOL (SOL), experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling of SOL tokens by FTX’s bankruptcy estate. The Delaware Bankruptcy Court approved the sale of the failed exchange’s assets, which included 55.75
Georgia Gov. Brian Kemp has extended the suspension of his state’s gasoline tax for another month amid sustained high fuel costs. Kemp cited “ongoing economic hardships caused by rampant inflation” Wednesday when he signed an executive order foregoing Georgia’s 31.2 cents-per-gallon tax on gas and 35 cents-per-gallon tax on diesel for another month through Nov.
In this article ITA XAR Follow your favorite stocksCREATE FREE ACCOUNT An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs. Source: Raytheon As the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account. Suna began a video asking his more than
BlackRock has argued that the U.S. Securities and Exchange Commission doesn’t have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently. BlackRock’s plan for a spot-Ether (ETH) ETF called the “iShares Ethereum Trust” was officially confirmed on Nov. 9, after Nasdaq submitted the 19b-4 application form to the SEC on the firm’s
Former Hells Angel Tim Wayne Medvitz has had some big ideas in the past decade and a half. One is to use his mountaineering skills to take seriously injured military veterans on climbs up the world’s highest peaks. The Heroes Project charity he created after a motorcycle accident shattered his body and life has been
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