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Monthly Archives: June 2023

Bitcoin rallies to highest level in over a month on ETF news

A Bitcoin ATM, the largest cryptocurrency by market cap that operates free of any central control and that relies on a peer-to-peer software and cryptography, on the BitBase stand during the Mobile World Congress 2023 on March 10, 2023, in Barcelona, Spain. Joan Cros | Nurphoto | Getty Images Bitcoin …

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Demystifying private credit amid a frozen IPO market

Grashalex | Istock | Getty Images I started working on Wall Street in the late 1990s, and it was the heyday of the initial public offering fever. Those IPOs peaked in 2020. To that point, there were 480 IPOs on the U.S. stock market in 2020, which was an all-time …

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Global gender gap could take 131 years to close

At the current rate, it will take 131 years to close the global gender gap, according to the World Economic Forum. Sopa Images | Lightrocket | Getty Images It could now take 131 years to close the global gender gap after an “entire generation” of progress was lost to Covid-19, …

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Voicemod AI humans let gamers modify their voices in real time

Voicemod has created 20 “AI humans,” digital personas that allow gamers to speak in voices other than their own. Voicemod An artificial intelligence firm in Spain has unveiled a number of “AI humans” that allow people to modify their voices in video games — in real time. Voicemod, which is …

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Amazon Prime Day 2023 sale runs July 11 and 12

Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images Amazon will hold its annual Prime Day megasale on July 11 and 12, the company announced Wednesday. For the first time, Amazon …

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4 ways ‘anchoring bias’ can hurt you financially

Gilaxia | E+ | Getty Images Humans use mental shortcuts in everyday life to help process information and make speedy decisions. But they can lead to bad choices when it comes to personal finance. Some of those poor outcomes are the result of “anchoring bias,” which can undermine a consumer’s …

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We do not want a frozen conflict in Ukraine

LONDON — A ceasefire in Ukraine is not enough for European officials, who want lasting peace in the region, European Commission President Ursula von der Leyen told CNBC. “We are very clear we do not want only a ceasefire and a frozen conflict in regions of Ukraine, because these regions …

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China business gets harder for European companies, despite Covid’s end

Ole Kaällenius (front, r), CEO of Mercedes, signs a memorandum of understanding on cooperation on June 20, 2023, alongside Zhimin Qian (front, l), Chairman of the State Power Investment Corporation, in front of Li Qiang (back, l), Premier of the People’s Republic of China, and German Chancellor Olaf Scholz (SPD, …

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Poland wants to boost its minimum wage by 20% — and it’s got economists worried

WARSAW, Poland – Nov. 2, 2022: Skyline of the Polish capital, Warsaw. The Polish government has proposed an increase to national minimum of around 20% in 2024, a move economists believe will keep inflation higher for longer. Poland’s ruling Law and Justice (PiS) party is seeking a landmark third term …

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High German energy prices are seeing some companies relocate: BDI

German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI). CNBC’s Annette Weisbach asked Russwurm whether the ongoing energy situation was “bad enough” for companies to relocate, to which he responded: “It is indeed.” …

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