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[ad_1] American foundations and university endowments are reportedly increasing their cryptocurrency investments amid a market boom. As the Financial Times (FT) reported Sunday (Feb. 9), many institutions that had long avoided investing in crypto are now joining in out of concern they’ll miss out on price surges. For example, the University of Austin is raising a $5 million bitcoin fund, which the FT calls the first of its kind among the country’s endowments and foundations, for its $200 million endowment. And Georgia’s Emory University last year became the first college endowment to disclose holdings of bitcoin exchange traded funds (ETFs).…
[ad_1] Dukai Photographer | Moment | Getty ImagesAsia-Pacific markets were set to fall Monday, tracking U.S. stocks futures that were lower ahead of key economic data, with the likelihood of more tariffs escalating trade tensions also denting investor sentiment.U.S. President Donald Trump told reporters Sunday that he was planning to announce a blanket 25% tariff on all steel and aluminum imports on Monday, according to Reuters.Over in Japan, the benchmark Nikkei 225 started the day down 0.41%, while the broader Topix index lost 0.41%The country’s bank lending grew by 3% year on year in January, falling slightly from December’s 3.1%.South Korea’s indexes…
[ad_1] Derick Hudson / Getty Images Facebook, Instagram and WhatsApp parent company Meta has historically been seen as a good investment option, largely because of the success of the company’s social media and messaging apps. But what if you bought $1,000 worth of shares in Meta in early 2022 when Meta faced some struggles? Find Out: I’m a Self-Made Millionaire: 5 Stocks You Shouldn’t Sell Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money Here’s a look at how Meta performed, the factors involved and more recent developments in Meta’s stock price. Prior to February 2022,…
[ad_1] The death on Friday of Donald Shoup, author of the seminal work, “The High Cost of Free Parking” and an urban planning professor emeritus at UCLA, unleashed an outpouring of tributes for the tweed-wearing, bike riding academic.Obviously, Shoup, 86, had a long and storied career in the academy, but the publication of “The High Cost of Free Parking” in 2005 made him a legend: before him, no one had perfectly demonstrated how urban parking policies — i.e. low-cost or “free” parking and mandatory parking requirements, were damaging cities economically and culturally.In a tribute piece on StreetsblogCAL, our colleagues Damien…
[ad_1] By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets are set for a rocky open on Monday following Wall Street’s selloff on Friday, as U.S. inflation concerns bubble up and global trade war fears intensify after President Donald Trump said he plans to announce reciprocal tariffs on many economies early this week. Trump’s comments mark an escalation of his ‘America First’ offensive to reshape global trade relationships. There may be a reprieve, like there was with the Mexico and Canada tariffs recently, but if not, many Asian economies are vulnerable. This will…
[ad_1] hocus-focus / Getty Images/iStockphoto HSBC recently made a major announcement that will impact account holders and investors. The company is winding down some of its equities businesses in Europe and the Americas. The bank is also wrapping up its M&A activity in Europe and the Americas. Instead of focusing on those regions, HSBC will prioritize Asia and the Middle East. Read More: I’m a Bank Teller: Here Are 10 Mistakes You Are Making With Your Banking Find Out: 5 Subtly Genius Moves All Wealthy People Make With Their Money Wondering how this will affect HSBC customers and investors? Here are the financial experts who provided…
[ad_1] US President Donald Trump has announced US tariffs on imports of steel and aluminum. (archive picture) Keystone According to President Donald Trump, the USA will impose tariffs of 25 percent on imports of steel and aluminum from Monday. He also announced the imposition of further tariffs on Tuesday or Wednesday.Trump made the announcements on Sunday in conversation with media representatives during his flight to the Super Bowl – the US football final – in New Orleans. They will affect all countries, Trump continued. Exceptions would also not apply to neighboring Canada and Mexico. Trump also declared on the flight…
[ad_1] Team Canada arrives during the Parade of Nations for Invictus Games Vancouver Whistler 2025 opening ceremony at BC Place stadium in Vancouver, British Columbia, Canada on Feb 8, 2025.Corporal Conor R.g. Munn/canadia | Via ReutersEntertainers and dignitaries led by Prince Harry, Duke of Sussex, officially kicked off the 2025 Invictus Games in British Columbia on Saturday in a star-studded opening ceremony.The kickoff event at Vancouver’s BC Place Stadium featured artists Katy Perry, Roxane Bruneau, Noah Kahan, Nelly Furtado and Coldplay’s Chris Martin, with the prince and his wife Meghan, the Duchess of Sussex, seen clapping and singing along to…
[ad_1] PARIS (Reuters) -France will announce private sector investments totalling some 109 billion euros ($112.5 billion) in its artificial intelligence sector during the Paris AI summit which opens on Monday, President Emmanuel Macron said. The financing includes plans by Canadian investment firm Brookfield to invest 20 billion euros in AI projects in France and financing from the United Arab Emirates which could hit 50 billion euros in the years ahead, Macron’s office said. The Elysee Palace said the UAE investment would include financing for a 1 gigawatt data centre. The La Tribune de Dimanche newspaper reported that the bulk of…