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Dec 07 2024CRYPTO

Bitcoin's Wild Price Ride This Week

Bitcoin kicked off the week pretty well, reaching almost $100, 000 on Wednesday. But things took a downward turn on Thursday when the price slipped below $93, 000. Just when everyone thought the drop was it, Bitcoin bounced back, soaring past $100, 000 by Friday afternoon. It ended up stabilizing ar

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Dec 07 2024BUSINESS

November Job Report: A Mixed Bag for Workers and Economists

In November, the job market bounced back with 227, 000 new jobs outside the farming sector, a big leap from the revised October figure of 36, 000. This rebound was driven by a drop in labor strikes and severe weather in the Southeast. Healthcare, leisure and hospitality, and government jobs led the

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Dec 07 2024BUSINESS

EU and South America Team Up for Big Trade Deal

After two and a half decades of talks, the European Union and five South American countries, known as Mercosur, have finally sealed a massive trade deal. This agreement, the biggest for both sides, will create a market of 700 million people by lowering tariffs on over 90% of goods. The deal was anno

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Dec 07 2024HEALTH

Health Insurance Shake-up: After CEO Murder, Industry Faces Calls for Change

Ever since Brian Thompson, the CEO of UnitedHealth Group's health insurance unit, was tragically murdered outside a Manhattan hotel, the health insurance industry has been on a rollercoaster. Shares of big-name companies like UnitedHealth Group, Elevance, Centene, CVS Health, and Cigna have taken a

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Dec 06 2024FINANCE

Will a Securities Boss Slow Down the Crypto Craze?

You've probably heard that the new SEC chief, Paul Atkins, could be great for the crypto world. President Trump sure thinks so, saying Atkins understands the importance of digital assets. This has led to a huge Bitcoin boom, with prices soaring to over $100, 000 in just a year. Crypto fans are excit

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Dec 06 2024FINANCE

Bitcoin’s $100, 000 Milestone: A Trump-Powered Boost

Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the

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Dec 06 2024FINANCE

Lululemon's Global Gains: What's Up with Sales?

Lululemon, the popular athletic apparel brand, has seen some interesting shifts in sales. While growth in the U. S. is slowing down, the company is making big strides abroad. This international success has led to a 9% increase in overall sales compared to last year. The company just shared its finan

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Dec 05 2024BUSINESS

Why Oil Prices are High: OPEC+ Keeps a Tight Grip

Ever wondered why oil prices are going up? It's because OPEC+ has decided to hold off on increasing oil production. This group, led by Saudi Arabia and Russia, has voluntarily agreed to cut 2. 2 million barrels of oil per day until March 2025. That's like having a bunch of bakeries deciding to make

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Dec 05 2024FINANCE

Bitcoin's Surge: How Jerome Powell's Take on Crypto Matters

You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no

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Dec 05 2024POLITICS

Texas Aims to Ban THC Products Next Year

Texas Lieutenant Governor Dan Patrick recently announced that the state Senate will push for a ban on all forms of consumable tetrahydrocannabinol (THC) products during the next legislative session. This move comes as a response to concerns about the growing number of retailers exploiting loopholes

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