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A Chinese diplomat who has repeatedly praised the Chinese Communist Party is still fulfilling his role as the consul general of China’s New York Consulate despite conflicting narratives from the Biden State Department and New York’s Democratic Gov. Kathy Hochul about the diplomat no longer being in his role.Hochul said during a press conference almost two weeks ago that she supported Huang Ping being expelled from New York after he was referenced dozens of times in an indictment involving one of her former top aides and said that she was “informed” by the State Department that he was “no longer…
Bitcoin and the crypto market rallied in the past few hours as investors anticipate Wednesday’s FOMC meeting. CME FedWatch Tool reveals a higher probability of a 50-basis-point rate cut, which has a historical correlation with crypto bull runs. Bitcoin has historically performed better in Q4 compared to other quarters. Bitcoin (BTC) and the crypto market saw a brief rally on Tuesday following speculations that the Federal Open Market Committee (FOMC) may opt for a 50-basis-point rate cut during its meeting on Wednesday. Bitcoin and Fed rate cuts correlation amid Q4 positivity Cryptocurrency investors are becoming active again amid increasing anticipation that…
Sean “Diddy” Combs, shown in 2018, was arrested Monday in New York, officials said. (Richard Shotwell / Invision / AP)Sean “Diddy” Combs, a hip-hop music mogul whose career catapulted him to global stardom in the 1990s, has been indicted as the leader of what prosecutors say was a years-long criminal enterprise that preyed on women, plied them with drugs and forced them to participate in sex performances.An indictment unsealed Tuesday charged Combs, 54, with sex trafficking, racketeering and transportation to engage in prostitution. Combs has been the subject of a sweeping federal inquiry into sex-trafficking allegations since at least the…
The Tesla Cybertruck, a vehicle renowned for its futuristic design and unconventional appeal, continues to fascinate the public imagination. Its ability to inspire unique and attention grabbing customizations is evident in recent news. A Las Vegas gentlemen’s club, for instance, has introduced a Cybertruck to its fleet, featuring a dance pole and dancers in its bed. This over the top modification showcases the Cybertruck’s potential to become a canvas for creative expression. Tesla Cybertruck Customizations (platinum_group / Instagram) In contrast to this extravagant example, James May, a renowned automotive enthusiast and former host of Top Gear and The Grand Tour,…
Google-parent Alphabet has long been an investor favorite among tech stocks, but one portfolio manager says he’s now steering clear. “We’ve been big fans of Alphabet’s Google now for many years. However, we think with the introduction of AI, SearchGPT has become a direct competitor to Google[‘s] search business,” Jordan Cvetanovski, from Sydney-headquartered Pella Funds, said, adding that its advertising business is also under threat. SearchGPT is a prototype developed by the Microsoft -backed OpenAI which combines traditional features of a search engine with generative AI. Speaking to CNBC’s “Street Signs Asia” on Monday, Cvetanovski, Pella Funds’ founder, chief investment…
Image source: Getty Images A Stocks and Shares ISA gives investors the opportunity to sell investments without capital gains tax. I generally prefer to hold on to the assets I own, but sometimes moving on can be the right thing. One reason for selling shares is to take advantage of an unusually good opportunity elsewhere. When this happens, the question for an investor is how to figure out which stocks to sell. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided…
As the year draws to a close, Suzuki has released the final wave of its 2025 model year motorcycle lineup. While the GSX-8R and V Strom remain largely unchanged mechanically, they feature fresh color schemes to keep them appealing to riders. The GSX-8R, Suzuki’s middleweight sportbike, now comes in a new Metallic Matte Black No. 2 color option, joining the existing Metallic Triton Blue and Pearl Ignite Yellow. Despite the cosmetic updates, the bike’s performance and features remain the same, including its powerful 776cc parallel twin engine, Showa suspension, and Nissin brakes. The GSX-8R continues to offer a thrilling riding…
European stocks closed broadly lower on Monday after a cautious session as investors awaited the monetary policy announcements from the Bank of England and the U.S. Federal Reserve.The Fed is widely expected to announce an interest rate cut on Wednesday. The focus will be on the size of reduction, and the central bank’s accompanying statement that could provide clues about possibility of further cuts in the coming month.The Bank of England is scheduled to announce its monetary policy on Thursday.The pan European Stoxx 600 ended down 0.16%. The U.K.’s FTSE 100 edged up 0.06%, Germany’s DAX and France’s CAC 40…
Dividend stocks could soon get a closer look from investors. That’s because the Federal Reserve is expected to cut rates on Wednesday, beginning a new cycle of lower rates, which will bring down Treasury yields and interest rates on savings accounts.That process makes dividend stocks more attractive. Dividend stocks are likely to move higher as bond yields fall because bond investors will rotate back into dividend stocks in search of yield.If you’re looking for dividend stocks, a good place to start your search is the S&P 500. Let’s take a look at the three highest-yielding dividend stocks in the broad-market…