Some Brazilian users reconnected with X on Wednesday despite the Supreme Court’s recent nationwide ban, the result of the social network apparently changing the way its servers are accessed. The reunion may be short-lived, however.Justice Alexandre de Moraes ordered X blocked nationwide on Aug. 30 after months of tension with billionaire Elon Musk surrounding orders to take down accounts and the limits of free speech in Brazil. He also established fines on anyone using virtual private networks (VPN) to access the platform.That rendered X effectively inaccessible in the country until Wednesday, with AP journalists among those who had access. Experts examining X’s IP…
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HONG KONG (Reuters) -China’s commerce minister said on Wednesday that Beijing will continue to negotiate “until the last minute” on the European Union’s electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe. Wang Wentao was speaking in Brussels at a China-Europe Electric Vehicles event where around 30 top executives of Chinese and European electric vehicle industries met to discuss views on the EU’s anti-subsidy case against China’s EVs. Wang is due to meet the European Commission’s trade commissioner Valdis Dombrovskis on Thursday to discuss rising trade tension. The European Commission is on the verge of…
Over the last two years, the prospects of artificial intelligence (AI) have become a bellwether for the technology industry. Among a long list of AI investment opportunities, semiconductor companies have emerged as some of the most lucrative.Since ChatGPT took the world by storm in November 2022, shares of Nvidia (NASDAQ: NVDA) have gained a jaw-dropping 760% as of this writing. In fact, the company’s market cap briefly eclipsed $3 trillion.It really wasn’t too long ago that Nvidia was seen as a niche opportunity among a broader sea of technology companies. And yet, today, Nvidia is the third-largest in the world…
The Federal Reserve decided to cut interest rates for the first time in four years, and its decision Wednesday suggested more rate cuts are coming.This is great news for business, especially small businesses and companies that rely on operating lines of credit to manage day-to-day affairs. Lower rates flow to the bottom line.The world of housing will get a big jolt from the rate cuts as well. That said, the price of money already has been working its way to help homeowners and buyers.Related: Fed delivers on big rate cut, signals focus on cooling job marketHere are the key points for…
Sean Combs’ request to overturn a prior ruling denying him release on bail has been turned down, a court has ruled.U.S. District Judge Andrew Carter on Wednesday ordered Combs, also known as “Diddy,” to remain detained after he pleaded not guilty to sex trafficking and racketeering charges. He will stay at Metropolitan Detention Center in Brooklyn, where an inmate was murdered while awaiting trial this summer.More from The Hollywood Reporter“I find that the government has carried its burden of persuasion,” Carter said. He found that Combs could attempt to illegally tamper with the case, continues to present a safety risk…
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DAVID JENSEN / EPA-EFE / Shutterstock.comThe next presidential election is set to take place in just a few months and Donald Trump is once again a candidate for the position. What this means for you and your retirement savings is still unknown. But one thing’s for sure: There’s bound to be some changes on the horizon.Learn Now: Here Are All the Promises Trump Has Made About Social Security If He’s ReelectedRead Next: 9 Easy Ways To Build Wealth That Will Last Through RetirementTo find out what these changes might be, GOBankingRates spoke with two financial planners, Robert Persichitte and Ben…
Federal Reserve Delivers Bold 0.5% Interest Rate Cut, Signals Further Easing Ahead (UPDATED)Editor’s note: This story has been updated with additional details. The Federal Reserve slashed interest rates by 50 basis points Wednesday at its September Federal Open Market Committee meeting, lowering the federal funds rate to a range of 4.75% to 5%. This marks the first rate cut in over four years and breaks a streak of 12 consecutive months with rates held steady.The decision caught Wall Street analysts off guard who had largely anticipated a more modest 25-basis-point cut. The larger reduction resonated with investor sentiment, which had…
A listener to the Let’s Get Rich With Pattu podcast writes, ” What is the probability that a particular equity market (just the index) will perform well (beating inflation) in the long term? I can see all the examples taken comfortably from the US and India everywhere. But what about other equity markets? And what’s the guarantee that it won’t happen in India/US, or what is the probability of those happening in India/US, or how do you identify and find those?”“Let’s take the examples one by one. Hang Seng Index – 16k in 2000 to 16k again in 2023 with…
A classic 1966 Dodge Charger, with its striking red paint and gleaming chrome, is a head-turner. Its new owner, who fell in love with it at first sight, is sure to enjoy the attention it attracts. This classic beauty has 80,151 miles on the odometer and features power steering and power brakes for a comfortable driving experience. The original gauges and three spoke steering wheel show signs of wear, but the leather seats and door cards remain in good condition. However, the carpet and headliner need some attention. Despite its age, the Charger still drives well. A test drive revealed…