An online car rental service is under scrutiny after it was used in two incidents Wednesday. The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people can then rent them, with payments made through the platform. ...
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. All eyes were recently on the 2024 BRICS Summit that took place October 22 to 24 in Kazan, Russia. The BRICS nations were widely expected to continue their discussions of creating ...
Frax Finance has announced the launch of its new stablecoin, frxUSD, which will be backed by BlackRock’s BUIDL tokenized fund. This development marks a collaboration between traditional financial institutions and decentralized blockchain ecosystems, offering users a stable and yield-bearing digital asset option. BlackRock BUIDL Fund Becomes Backing Asset for frxUSD The Frax community has passed FIP-418, a governance proposal that ...
The Dominican Republic deported more than 276,000 Haitians in 2024, the country’s Immigration Directorate said Wednesday. In the last three months of the year alone, over 94,000 people were deported under a new operation aiming to remove up to 10,000 undocumented Haitians per week, ordered by the Dominican Republic’s National Security and Defense Council headed by President Luis Abinader. Dominican ...
A little less than a week ago, I wrote an article about inflation and how it’s nothing more than a pipe dream in Fed Chief Jay Powell’s head. Let me expand on that article, maybe from a slightly different approach this time. The inflation rhetoric just won’t let up. Apparently, it makes no difference that the annual rate of core ...
The FBI under the Biden administration’s leadership has faced repeated scandals over the last four years, including in the waning days of the administration when a suspected terror attack rocked New Orleans early on New Year’s Day morning. Outgoing FBI Director Christopher Wray, who was nominated by Trump in his first administration, announced last month that he would step down ...
Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in South Korea, killing all but two of the 181 people on board as it burst into flames in the nation’s worst air disaster in decades. South Korea’s acting President Choi Sang-mok ordered an emergency inspection of the ...
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the ‘Company’, ‘Sona’) announces results from its most recent preclinical study of its Targeted Hyperthermia Therapy (‘THT’) which uses the Company’s patented, biocompatible gold nanorods (‘GNRs’) to treat certain solid cancer tumors, shrinking them and acting as an immune stimulator. Building on its success in melanoma and breast cancer studies, the Company’s third ...
When one would have thought that John E. Deaton would boldly express his bullish stance on the XRP price, the pro-crypto lawyer outrightly stated that he had no idea how high the coin could soar. Deaton made a long post on X after Peter Chung, Head of Research at Presto, appeared on Squawk Box discussing crypto. John Deaton Slams Visible ...
A judge in Ecuador has ordered the detention of 16 air force members accused of involvement in the disappearance of four children, whose charred remains were discovered weeks after they were seen being forced into a military patrol car against their will. The case has shocked the nation and sparked protests against the military, which has been spearheading President Daniel ...
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P ...
Supreme Court Chief Justice John Roberts issued a warning on Tuesday that the United States must maintain ‘judicial independence’ just weeks away from President-elect Donald Trump’s inauguration. Roberts explained his concerns in his annual report on the federal judiciary. ‘It is not in the nature of judicial work to make everyone happy. Most cases have a winner and a loser. ...