FIDELITY INVESTMENTS

Nov 28 2025CRYPTO

Trump's Crypto Firm Shakes Up Leadership

A crypto company with connections to former US President Donald Trump has recently seen some big changes at the top. ALT5 Sigma, which manages crypto investments, said goodbye to its CEO and COO in November. Jonathan Hugh and Ron Pitters left the company, and Tony Isaac, who was the president, is now the acting CEO. The company bought a lot of tokens from World Libe...

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Nov 28 2025FINANCE

Brazil and the US Team Up to Tackle Money Laundering

Brazil is reaching out to the US for help in tackling money laundering and illegal arms trafficking. The finance minister, Fernando Haddad, announced this plan recently. He pointed out that US-based funds are being misused to launder money and hide foreign investments in Brazil. This issue came to light during a major police operation in the fuel industry, which reve...

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Nov 28 2025FINANCE

The Smart Way to Invest: Why Bitcoin Isn't the Only Game in Town

Bitcoin has been a hot topic, but it's not the only way to invest. In fact, it might not even be the best way. Bitcoin doesn't pay dividends, and it's super volatile. That's why many investors are looking elsewhere for steady income and growth. Instead of putting all their money into crypto, some investors are turning to closed-end funds (CEFs) that focus on tech st...

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Nov 27 2025ENTERTAINMENT

Queenstown's Crime Drama Gets a Second Season Boost

Queenstown, New Zealand, is buzzing with excitement as the crime drama series "A Remarkable Place to Die" gets the green light for a second season. This isn't just any renewal; it's a big deal for the local film industry and the town's economy. The show, produced by Screentime NZ, is a hit internationally. It's a team effort, with broadcasters from Germany, the U. S...

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Nov 27 2025ENTERTAINMENT

Dolly Parton: Country Music's Generous Millionaire

Dolly Parton stands out as a shining example of success in country music. With a net worth of $650 million, she is the wealthiest country singer in the world. This fortune is not just from her music, but also from her acting roles, books, and various business ventures. Parton's wealth is impressive, but it's not just about the money. She is known for her generosity....

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Nov 27 2025BUSINESS

ORA Developers Group to Showcase Global Luxury Projects in Shanghai

ORA Developers Group is stepping onto the global stage with a big debut at the Luxury Property Showcase in Shanghai. This move is a big deal for the company, showing how serious they are about growing worldwide. They're bringing some of their fanciest projects to the show, like Bayn in the UAE, Ayia Napa Marina in Cyprus, and some luxury spots in the Caribbean. The ...

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Nov 27 2025CRYPTO

Latin American Crypto Giant Ripio's $100M Digital Gold Rush

In the world of digital currencies, Ripio, a major player in Latin America, has made a big splash. They've been quietly building a crypto treasure chest worth over $100 million since 2017. This stash, filled with bitcoin and ether, makes Ripio the second-largest crypto holder in the region. But how did they do it? By using smart trading and hedging tricks, they've g...

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Nov 27 2025POLITICS

New York City's Climate Investment Dilemma

New York City is at a crossroads. The outgoing city comptroller, Brad Lander, is pushing for a major shift in how the city's pension funds are managed. He wants to move away from BlackRock, the world's largest asset manager, due to concerns about climate change. This is a big deal because BlackRock manages a huge chunk of the city's retirement money, about $42. 3 bil...

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Nov 27 2025FINANCE

UK's 2025 Budget: Tax Hikes and Freezes Explained

The UK's finance minister, Rachel Reeves, recently shared a budget plan that includes several tax changes. These changes aim to bring in more money for the government. The Office for Budget Responsibility (OBR) shared some details ahead of time, calling it a "technical error" later. One big change is the freeze on income tax thresholds until 2030/31. This means peop...

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Nov 26 2025FINANCE

New York City Takes a Stand on Climate Change

New York City's top financial official wants to cut ties with a major investment firm. Brad Lander, the city's comptroller, is pushing for a big change. He wants three city pension funds to stop using BlackRock. This is because of BlackRock's lack of strong climate action plans. BlackRock manages a huge amount of money for the city. We're talking about $42. 3 billio...

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