Author: Press Room

North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid the ongoing stalemate between Iran and the U.S. High yields slow economies and weigh on prices for stocks, cryptocurrencies and all kinds of other investments. Besides driving up rates for mortgages, they could also curtail companies’ borrowing to build the artificial-intelligence data centers that have been supporting the U.S. economy’s growth recently.The 30-year Treasury bond’s yield US30YT=RR, which is seen as a barometer of geopolitical and fiscal risk, was last up 1.7 bps at 5.139 per cent. It briefly touched 5.197 per cent on…

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Veterans organization raises money for heroes with 24-hour golf marathon The co-founders of Golf Fore Veterans discuss their 24-hour golf marathon fundraiser for Memorial Day. This event honors brave men and women, aiming to raise money for veterans’ well-being. Golf offers tremendous healing powers, providing a vital outlet for those who have served. They encourage donations to support heroes. NEWYou can now listen to Fox News articles! Garrick Higgo’s now-former caddie has taken responsibility for the South African arriving late to his first round tee time at the PGA Championship.Higgo, a two-time winner on the PGA Tour, was penalized two…

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The United States Department of Justice has introduced an “anti-weaponisation fund” that will be used to financially compensate people who claim they have been unfairly targeted by the federal government.The fund, announced on Monday, is part of a settlement arising from a lawsuit that President Donald Trump filed against the Internal Revenue Service (IRS) this year, blaming it for a leak of his tax information.How did the ‘anti-weaponisation fund’ come about?Between 2018 and 2020, Trump’s tax information was leaked to The New York Times. In 2023, Charles Edward Littlejohn, a former contractor at the IRS, was accused of providing those…

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The Trump administration this week onboarded more than 80 new federal immigration judges, in its latest push to expedite deportation cases and further its government-wide crackdown on illegal immigration, Justice Department officials said Thursday.The Justice Department, which oversees the U.S. immigration court system, swore in 77 permanent immigration judges and 5 temporary immigration judges, a group that officials described as the largest class of immigration judges in the department’s history.The additions come after the ouster of dozens of immigration judges across the country by the Trump administration over the past year. When President Trump took office, the Justice Department had…

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NEWYou can now listen to Fox News articles! A Massachusetts city on Monday voted to end its contract with ShotSpotter, a gunshot detection system used by police to identify possible shootings in real time. The crime-fighting technology deploys a network of acoustic sensors mounted above streets across neighborhoods, designed to detect gunfire-like sounds and automatically alert law enforcement when a suspected shot is heard.The Cambridge City Council’s decision follows criticism from opponents who argue the system is unreliable, and can contribute to over-policing. They have also raised concerns about potential links to federal immigration enforcement.Cambridge’s move comes after Chicago announced in…

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Weeks before global soccer fans are due to descend on Toronto and Vancouver for the World Cup, some Uber drivers were trying to score better working conditions during the tournament. At a routine meeting, they told the ride-hailing giant they’re worried about how they’ll contend with the traffic — and tempers — 650,000 expected guests will bring to the Canadian cities in June and July.“Increased traffic causes some customers to be antsy and nervous and frustrated,” said Barry Sawyer, national president at United Food and Commercial Workers, which offers representation to Uber drivers.“We asked Uber to make sure they communicate with all…

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Hyperliquid’s fully diluted valuation has officially overtaken Solana’s, $50 billion to $56 billion, and the margin, however thin, is the market’s way of saying the ranking has changed. The HYPE token is trading at $58.60, up 20% in 24 hours, while SOL managed just 2.20% on the same session.That divergence in daily momentum is not noise. It is a directional statement from capital allocators who have spent the last 18 months watching a Perp DEX built on its own Mainnet dismantle the assumption that general-purpose L1s own the liquidity narrative.24h7d30d1yAll timeHyperliquid did not arrive here by accident. It launched a…

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The SpaceX Falcon 9 rocket and Crew Dragon sit on launch Pad 39A at NASA’s Kennedy Space Center as it is prepared for the first completely private mission to fly into orbit on September 15, 2021 in Cape Canaveral, Florida.Joe Raedle | Getty ImagesRetail investors are getting a shot at one of the hottest IPOs in years. Elon Musk’s SpaceX said a portion of shares in its blockbuster public offering will be sold directly through trading platforms including Robinhood, Fidelity and Charles Schwab, giving everyday traders access that has traditionally been reserved for Wall Street’s biggest clients, according to a prospectus with…

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