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Yuga Labs ‘golden key’ NFT sold for $1.6 million

A non-fungible token (NFT) collector just dropped more than $1 million on a virtual “golden key.” Adam Weitsman, CEO of Upstate Shredding – Weitsman Recycling, purchased Yuga Labs’ “Golden Key Sewer Pass” for 1,000 ETH, which was valued at about $1.6 million at the time of sale on Feb. 27, …

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Clean hydrogen industry future depends on IRA tax credit

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images In August, the White House passed a historic …

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Full-time office work is ‘dead,’ economist says

Morsa Images | Digitalvision | Getty Images Workers and companies see benefits of remote work In 2019, about 5% of full-time work was done from home. The share ballooned to more than 60% in April and May 2020, in the early days of the Covid-19 pandemic, said Nicholas Bloom, an …

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Spring health care flexible spending account deadlines to know

Joos Mind | Photodisc | Getty Images Workers who use health care flexible spending accounts likely have at least one important deadline approaching. FSAs, as they’re called, let you stash away pre-tax money to cover your health care expenses (or, separately, dependent-care expenses). Last year, individuals could have contributed as …

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Meta Quest Pro VR headset gets price cut

The Meta’s Quest Pro headset which according to the company has outward-facing cameras that capture the user’s physical environment in full color and enable the overlay of virtual elements like 3D models, drawings and screens, is seen in this undated handout picture. Meta | via Reuters Meta will slash the …

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When will Supreme Court rule on Biden’s student loan forgiveness plan

A sign calling for student loan debt relief is seen in front of the Supreme Court as the justices are scheduled to hear oral arguments in two cases involving President Joe Biden’s bid to reinstate his plan to cancel billions of dollars in student debt in Washington, U.S., February 28, …

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How Russia’s war made the U.S. a dominant supplier of energy

An LNG import terminal at the Rotterdam port in February 2022. Federico Gambarini | Picture Alliance | Getty Images Russia’s invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top of the world’s energy-exporting nations. As Europe struggled with …

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IRS commissioner nomination advances amid debate over the agency

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner amid fierce debate over the agency’s $80 billion in new funding.  Following …

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iPhone supplier to build factory in India, a further pivot from China: Report

Source: Thomas Peter | Reuters Foxconn, one of Apple’s largest suppliers and a major manufacturer of iPhone components, will invest around $700 million to build a new plant in India’s Karnataka state, Bloomberg reported Friday. The report comes as U.S. companies continue to reevaluate their reliance on China in the …

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Bitcoin, ether slide on Friday as investors weigh potential fallout from Silvergate woes

A pedestrian walks past signage for Ethereum, top, and Bitcoin outside the Hong Kong Digital Asset Exchange Ltd. digital currency trading store in Hong Kong, China, on Thursday, June 24, 2021. Paul Yeung | Bloomberg | Getty Images Cryptocurrency prices fell on Friday as investors weighed the latest financial woes …

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