News
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Bitcoin is back on its way to $100,000. Will it break the mark this time?
Bitcoin is teasing $100,000 again. Early last week, the price hit $99,000, just a hair’s breadth from the magical six figures. Then predictably, the market did what it does best: it corrected. Prices slid to $95,600, and the excitement shifted to cautious optimism. Investors, analysts, and keyboard
Cryptopolitan
Fri, Nov 29
History Doesn't Repeat, but It Often Rhymes on Wall Street -- and That's Terrible News for MicroStrategy
This has been a banner year for the stock market. All three major indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite -- have catapulted to multiple record-closing highs, with excitement surrounding artificial intelligence (AI), stock-split euphoria, and optimism following theThe Motley Fool
Fri, Nov 29
Retailers brace for Black Friday amid shorter selling season, cautious shoppers
NEW YORK, Nov 29 (Reuters) - From Taylor Swift’s new Eras Tour book priced at $39.99 and sold only at Target, to a $50.99 Jessica Simpson puffer coat at Walmart, marked down from $84.99, major U.S. retailers stocked their shelves for Black Friday with exclusive products and lots of general merchandiReuters
Fri, Nov 29
Shein, Temu branch further into toy market amid worry over fake products
NEW YORK, Nov 29 (Reuters) - Fast-growing specialty e-commerce sites such as PDD's (PDD.O), opens new tab Temu and its rival Shein are branching deeper into the business of selling toys as many American and European shoppers prepare to seek out steep bargains during the Black Friday weekend.Reuters
Fri, Nov 29
Australian social media ban started with call to act by politician's wife
SYDNEY, Nov 29 (Reuters) - Since Meta (META.O), opens new tab whistleblower Frances Haugen aired internal emails in 2021 showing the tech giant knew of social media's mental health impacts on teenagers, world leaders have agonised over how to curb the technology's addictive pull on young minds.
Reuters
Fri, Nov 29
Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th.Bitcoinist
Fri, Nov 29
'I will still use it' vows youth, as Australia's under-16 social media ban sparks anger and relief
SYDNEY, Nov 29 (Reuters) - Australians reacted on Friday with a mixture of anger and relief to a social media ban on children under 16 that the government says is world-leading, but which tech giants like TikTok argue could push young people to "darker corners of the internet".
Reuters
Fri, Nov 29
Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire
BEIJING, Nov 29 (Reuters) - Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy.Reuters
Fri, Nov 29
