The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year, indicating a significant surge in wealth accumulation within the crypto space. According to a recent report by New World Wealth and Henley & Partners, the number of individuals holding more than $1 million in crypto assets has
In a move that marks a significant shift in the traditional application of antitrust laws, Federal Trade Commission Chair Lina Khan has embarked on an initiative to protect workers’ rights through the enforcement of antitrust regulations. This initiative is currently being put to the test in a trial involving grocery chain Kroger’s proposed merger with
The rise of artificial intelligence has led to an increased demand for powerful processors and efficient cooling systems in data centers. As companies strive to keep up with the computational needs of AI applications, innovative solutions are emerging to address the energy consumption and cooling challenges associated with traditional data center setups. One company at
The S&P 500 finished the day lower amid anticipation of Nvidia’s upcoming quarterly report. Nvidia’s stock dipped 2.25% in anticipation of the report, creating a sense of unease among investors. The tech-heavy Nasdaq also experienced a decline, reflecting the market’s sensitivity to Nvidia’s performance. Analysts and investors alike are keeping a close eye on Nvidia’s
Fans of the Dallas Mavericks and New Orleans Pelicans are in for a change when it comes to watching their favorite teams play in the upcoming NBA season. Both teams are parting ways with their regional sports networks owned by Diamond Sports, as revealed in a recent bankruptcy court filing. This move raises questions about
Federal Reserve Chair Jerome Powell’s recent speech at the Jackson Hole Economic Symposium sent ripples through the financial markets with its significant dovish shift in the central bank’s stance on monetary policy. Powell’s remarks indicated a willingness to lower interest rates, aligning with the market’s expectations for a series of rate cuts. This shift highlights
Disney/Pixar’s Inside Out 2 has made history by becoming the first animated film to surpass the $1 billion mark at the international box office. With a global total nearing $1.003 billion, the sequel has solidified its position as the highest grossing animated film of all time. This milestone places it among an elite group of
When it comes to taxation, the consequences of ignoring tax bills can be more severe than anticipated for travelers. The federal government has implemented a protocol where passports can be revoked or limited if an American has a “seriously delinquent tax debt.” The threshold for such debts is set at more than $62,000 in 2024,
Last week at the World Robot Conference in Beijing, Chinese companies made a strong showing with 27 humanoids making their debut at the event. This surge in humanlike robot development is reminiscent of China’s rush into electric cars just a few years ago. With total investment exceeding 100 billion yuan in the last decade, it
The weekend box office saw the debut of the serial killer thriller “Strange Darling” which raked in $1.14 million at 1,135 theaters. The movie, directed by JT Mollner, stars Willa Fitzgerald, Kyle Gallner, Ed Begley Jr., and Barbara Hershey in a chilling tale where a twisted one-night stand spirals into a serial killer’s vicious murder