Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
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Tesla Becomes First Foreign EV Approved as Chinese Government Vehicle
Tesla's Model Y is now included on a Chinese government purchase list, making it the first foreign-owned electric vehicle brand approved for procurement by Jiangsu province.
Texas Woman Loses $17,000 From Wells Fargo Phone Scam
A Texas woman lost $17,000 to a phone scam in which fraudsters posed as representatives from Wells Fargo.
Bankrupted Bitcoin Company Starts Repaying $9 Billion Worth of Crypto to Creditors
Mt. Gox, the defunct Japanese Bitcoin exchange, has begun reimbursing creditors with Bitcoin and Bitcoin Cash, starting with 140,000 Bitcoins recovered out of approximately 950,000 lost.
US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
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A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
California Gov. Gavin Newsom signed a bill allowing restaurants to collect service charges despite SB 478, which shields consumers from "junk fees."
Walmart faces a class action lawsuit alleging misleading and unjust pricing by charging customers more than required.
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
Tesla's short sellers lost $3.5 billion after the firm announced better-than-expected electric car sales this week.
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
