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White House press secretary Jen Psaki on Monday said President Joe Biden has concerns about social-media companies’ power after Twitter’s TWTR, +5.66% board agreed to a sale to billionaire Elon Musk. “No matter who owns or runs Twitter, the president has long been concerned about the power of large social-media platforms — with the power […]
If passed, the suspension of both new licenses and renewal applications will last for two years. 706 Total views 72 Total shares New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — […]
All three major U.S. stock benchmarks closed higher Monday, recovering from losses earlier in the trading session, as Treasury yields fell and investors appeared to shrug off concerns over China’s Covid-19 lockdown. The Nasdaq Composite COMP, +1.29% led the way higher with a 1.3% gain, followed by the Dow Jones Industrial Average, which finished up […]
EURUSD, “Euro vs US Dollar” After rebounding from 1.0840 and finishing the descending wave at 1.0774, EURUSD has completed the correction towards 1.0810; right now, it is falling to reach 1.0735. After that, the instrument may correct to return to 1.0773 and then start a new decline with the target at 1.0700. GBPUSD, “Great Britain […]
EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to continue falling to reach the support at -1/8. Still, this scenario may no longer be valid if the price breaks the resistance at 1/8 […]
Oil prices fell more than 5%, during trading on Monday, to reach the lowest level in two weeks; The shutdowns in Shanghai have fueled demand fears. Oil prices continued their losses after ending their dealings last week with a decline of about 5%, with the growing fears of the prolonged closure of the Corona virus […]