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Tesla Stock Jumps 1% After It Removes Safety Monitors, Begins Fully Autonomous Robotaxi Testing
According to Teslarati, Tesla has started Robotaxi testing in Austin, Texas, without any vehicle occupants, the company’s CEO Elon Musk confirmed on Sunday. Two Tesla Model Y Robotaxi units were spotted in Austin traveling on public roads with nobody in the car.Shares of Tesla rose 1% in premarket tTiger News
Mon, Dec 15
SEC Publishes Crypto Custody Guidelines For Retail Investors
The US government continues to advocate for cryptocurrency adoption after the Securities and Exchange Commission published a retail investor guide centered around various means of custody. In the bulletin released on Friday, the SEC provides a detailed education on the available ways investors can s...Bitcoinist
Mon, Dec 15
Russia has banned the Roblox gaming platform, triggering both online and physical protests
Sunday saw dozens of Russians protesting in the Siberian City of Tomsk against the country’s ban on the U.S.-native children’s gaming platform Roblox. The defiant act is making headlines because it has been tagged a rare show of public dissent as more citizens show their displeasure over the ban. Why did Russia ban Roblox? Censorship […]Cryptopolitan
Mon, Dec 15
China to issue ultra-long-term special government bonds next year — Bloomberg
China’s finance ministry said that the government planned to issue ultra-long-term special government bonds in 2026, with proceeds used to support key national strategies and security initiatives, Bloomberg reported on Saturday.Fxstreet
Mon, Dec 15
USD extends decline as jobless claims spike to highest Since Mar-2020 – OCBC
The US Dollar (USD) continued to slide, pressured by a jump in initial jobless claims to 236k—the largest weekly rise since March 2020—and lingering softness in the labor market, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Dec 12
USD/JPY attracts some sellers to near 155.50 on weak US jobs data
The USD/JPY pair attracts some sellers to around 155.60 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid worse-than-anticipated US employment data and a less hawkish outlook than expected from the US Federal Reserve (Fed).Fxstreet
Fri, Dec 12
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.
Fxstreet
Fri, Dec 12
Canadian Dollar makes fresh headway following another Fed rate cut
The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held interest rates steady, while the Federal Reserve (Fed) delivered its third straight interest rate cut, propping up the Loonie and sending the Greenback lower.
Fxstreet
Thu, Dec 11
USD/JPY slumps to near 156.00 after Fed cuts rates
The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) after the Federal Reserve (Fed) lowered interest rates in a widely expected move. The US weekly Initial Jobless Claims are due later on Thursday.Fxstreet
Thu, Dec 11
US Stocks Rally After Fed Cuts Interest Rates. Netflix Falls 4%; Palantir Jumps 3%; Micron Rises 4.5%; EchoStar Soars 11%; GE Vernova Surges 16%
Wall Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on further easing down the road even as the central bank signaled that it will put further cuts on pause for now.Tiger News
Thu, Dec 11
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