Author: admin

Thanks to the quick evolution of artificial intelligence (AI), many aspects of life are being streamlined — including investing. However, you should always double-check the work of robots, and never lose sight of your own critical thinking skills. While the technology can be extremely helpful when it comes to investing in crypto specifically, experts say there are some common pitfalls to avoid. Find Out: How To Get a 10% Return on Investment (ROI): 10 Proven Ways  For You: How Far $750K Plus Social Security Goes in Retirement in Every US Region “AI excels in a variety of areas when it…

Shipping containers at the Port of Seattle on April 16, 2025.David Ryder/Bloomberg via Getty ImagesTariffs levied by President Donald Trump during his second term would hurt the poorest U.S. households more than the richest over the short term, according to a new analysis.Tariffs are a tax that importers pay on foreign goods. Economists expect consumers to shoulder at least some of that tax burden in the form of higher prices, depending on how businesses pass along the costs.In 2026, taxes for the poorest 20% of households would rise about four times more than those in the top 1%, if the…

By Douglas Gillison WASHINGTON (Reuters) -The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years. “Market participants engaging in this technology deserve clear regulatory rules of the road,” Paul Atkins said in his first remarks since being sworn in as chairman of the agency as chairman earlier this week. He spoked at the SEC’s crypto roundtable, which the Republican leadership launched weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency…

Blackcat | E+ | Getty ImagesWhat payments can be garnished?The U.S. government has extraordinary collection powers on federal debts and it can seize borrowers’ federal tax refunds, wages and Social Security retirement and disability benefits, according to higher education expert Mark Kantrowitz.The federal government can intercept other funds such as state income tax refunds and lottery winnings, Kantrowitz said.In some cases, federal student loan borrowers can also be sued by the U.S. Department of Justice, and face a levy on the funds in their bank accounts, he said.How much money can be taken?Social Security recipients can typically see up to 15%…

Washington CNN  —  Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries. Consumer sentiment plunged 8% in April from the prior month, to a final reading of 52.2, the University of Michigan said in its latest survey released Friday. That was a slightly smaller decline than a preliminary reading from earlier this month, which didn’t capture people’s reaction to Trump’s 90-day tariff delay announced on April 9. Sentiment in April was at its fourth-lowest level on records going back to 1952. “While this month’s deterioration was…

Arbitrum (ARB) was set to make a splash. The Layer 2 network, home to a growing number of decentralized AI platforms, was preparing to announce a milestone: it had been named Nvidia’s exclusive Ethereum partner for the chipmaker’s new Ignition AI Accelerator, an offshoot of its Inception program that supports promising AI startups with infrastructure credits and mentorship. Then came the pivot. “We received some last-minute comms from Nvidia requesting to pause the announcement, however, they didn’t provide any specific details as to why,” a spokesperson told CoinDesk in an email. It’s a telling moment, and a reminder that despite…

Posts from multiple users on social media on Wednesday shared a screenshot from an Indian news outlet, claiming it showed a sketch of one of the suspects in the Pahalgam attack resembling Pakistani cricketer Babar Azam. However, the viral image was edited and the original sketch did not resemble the athlete. Twenty-six lost their lives in an attack in occupied Kashmir on Tuesday. The attack took place in Pahalgam, a popular destination in the scenic Muslim-majority territory that draws thousands of visitors every summer. The assault has been claimed by ‘The Resistance Front’, a hitherto unknown entity; media reports have…

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) live large in investors’ imaginations thanks to their earlier parabolic run-ups that made some holders into millionaires. Of course, both meme coins probably lost other investors vast sums of money as well. But that doesn’t deter the hopeful from wondering whether another coin, or perhaps even one of these two, might reach stratospheric heights once again under the right set of conditions. With that in mind, let’s explore what those conditions actually are and evaluate whether another coin might one day fly to match or even surpass them — even if it…

CNN  —  President Donald Trump said high tariffs could be here to stay and he’d declare “total victory” if import taxes were as high as 50% a year from now, according to an interview with Time released Friday. Trump has placed historic tariffs on a wide variety of imports, including a 10% tariff on virtually everything coming into the United States. He has also imposed 25% tariffs on steel, aluminum, autos and many items from Mexico and Canada. But by far the most significant trade action is a tariff of at least 145% on most Chinese goods imported to the…

Binance added fiat-to-crypto onramp capabilities for the top two global leading mobile wallets, Apple Pay and Google Pay, via an integration with Worldpay, as part of its ambition to bring the next billion users into Web3. But despite its efforts to partner with some of the most established names in payments in order to boost awareness and trust among the masses, Binance’s continued challenges may counter that. The integration enables the easy purchase (i.e., conversion) of cryptos from fiat currency in the Binance app from the Apple Pay and Google Pay wallets, which together account for over a quarter of…