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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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12.12 / 15:31
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China moves to Trump-proof its economy
Subscribe to enjoy similar stories. SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by China’s state broadcaster Thursday.
12.12 / 15:29
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Best Jumbo CD Rates for December 2024: Up to 4.85%
The Fed cut rates by a quarter point at its Nov. 7 meeting, its second rate cut in two meetings. Coupled with September's half-point cut, the federal funds rate has been reduced by a cumulative 0.75 percentage points to a range of 4.50%–4.75%.
12.12 / 15:29
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Best 1-Year CD Rates for December 2024: Up to 4.65%
Certificates of deposit (CD) with a 1-year term are special types of accounts with interest rates that are usually higher than other savings accounts. In exchange for the high rate, you must keep your funds locked up for about 10 to 14 months. This may be good for your short-term savings since you can access the money by next year.
12.12 / 14:49
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Every chess player wants to live this moment. I'm living my dream, says Gukesh after becoming world chess champion
Ding Liren. The 18-year-old's victory, which sealed his triumph in the final game, has set a new milestone in the chess world. «I am just living my dream,» Gukesh said humbly after his remarkable win.
12.12 / 14:49
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NIA arrests four suspects in Assam over links to Jaish-e-Mohammed terror network
NIA team along with Assam STF raids several locations in Goalpara district and nabbed four suspects in JeM money laundering case. Sources in Assam police said, “The suspects, identified as Joynal Abedin, Shahanur Alam, Abu Taleb, and Shahanur Islam, were apprehended during night raids conducted in Hansilapara, Barpahar, Balbala, and Tukde.Couple of months’ back one mufti, Sheikh Sultan Salludin Ayubi have received money from JEM and was arrested by NIA Delhi in connection with money laundering on behalf of Jaish-e-Mohammed accounts in Kashmir. Joynal is a cleric in a mosque.”
12.12 / 14:49
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Youngest world chess champion D Gukesh's schooling, education and family background
D Gukesh etched his name in history on Thursday by becoming the youngest world chess champion at the age of 18. Gukesh defeated reigning champion Ding Liren of China in the 14th and final game of their closely contested match to secure the title. The match, which kept chess enthusiasts on edge, ended with Gukesh achieving 7.5 points against Liren’s 6.5 after a dramatic victory in the final classical time control game. As the new world champion, Gukesh will receive the $2.5 million prize fund. Gukesh is the second Indian to claim the world chess title, following in the footsteps of the legendary Viswanathan Anand. Anand, a five-time world champion, last held the title in 2013 before losing to Magnus Carlsen.
12.12 / 14:49
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Manipur: Bringing a solution to ethnic strife would take time; situation chronic and fragile, says CM N. Biren Singh
N. Biren Singh on Thursday said that bringing a solution to the ongoing ethnic strife in the state would take time as the situation has become chronic and fragile. Speaking at a function organised to commemorate the iconic Nupee Lal Numit (women’s war day), the Chief Minister terming the ongoing ethnic hostilities as “unprecedented” said that the state and Central governments had been putting all efforts to bring a permanent solution to the crisis. “However, bringing a solution would take time as the situation had become chronic and fragile,” he observed.
12.12 / 14:49
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FBI pick Kash Patel claims first casualty from his hit list
Donald Trump's pick to head the Federal Bureau of Investigation (FBI), has claimed the first casualty from his hit list of 60 people who he thinks are the main actors of the deep state. FBI Director Christopher Wray will resign at the end of the Biden administration, the agency said on Wednesday. Wray was appointed by Trump in 2017 during his first term after Trump fired then director James Comey. After Trump's re-election, he announced several appointments among whom was Kash Patel as the next FBI Director. Since Wray had a 10-year term ending in 2027, Trump's announcement of Patel as FBI head left Wray with two options: leave on his own or be fired when Trump takes charge. Trump and his allies turned on Wray and the FBI after agents conducted a court-approved search of Trump’s Florida resort in 2022 to recover classified documents that he had retained after leaving office. Trump had called it weaponization of the agency which he said was part of a deep state conspiracy aimed at undermining his presidency.
12.12 / 14:21
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US applications for jobless benefits rise to highest level in 2 months but remain relatively low
U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards
12.12 / 14:21
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Trump is named Time's Person of the Year, will ring the New York Stock Exchange bell
President-elect Donald Trump is back in his hometown of New York where he's been honored as Time magazine’s Person of the Year and will ring the opening bell at the New York Stock Exchange
12.12 / 14:21
12.12 / 14:21
12.12 / 14:21
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New Jersey targets plastic packaging that fills landfills and pollutes
New Jersey is seeking to drastically reduce the amount of plastics and other packaging material that's tossed out once a package is opened
12.12 / 14:21
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One Tech Tip: How to protect your communications through encryption
Cyber officials are advising people to use encryption in their communications after a sprawling hacking campaign
12.12 / 14:21
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Fewer US grandparents are taking care of grandchildren, according to new data
Fewer grandparents were taking care of grandchildren, there was a decline in the number of preschoolers and more people were staying put in their homes in the first part of the 2020s compared with the last part of the 2010s
12.12 / 14:21
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Turning dusty attic treasures into cash can yield millions for some and disappointment for others
Kaja Veilleux has been hunting New England attic treasures for more than 50 years
12.12 / 14:21
12.12 / 14:21
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ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs
12.12 / 14:21
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Stock market today: Wall Street slightly lower in premarket ahead of another US inflation report
Wall Street is pointing slightly lower ahead of another U.S. inflation report and an expected interest rate cut by the European Central Bank
12.12 / 14:21
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US wholesale inflation accelerated in November; sign price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago
12.12 / 14:21
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China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures
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