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Bitcoin (BTC) is trading above $97,000 during the Asian morning hours as the market breathes a sigh of relief that the U.S. and China are said to be working on a trade deal, even if the market is also skeptical that a deal will be reached this month. (CoinDesk) “The U.S. has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue,” China state media posted on social media. Dogecoin (DOGE) led gains among majors with a 4% rise in the past 24 hours. Cardano’s ADA, XRP, ether (ETH) and BNB rose between 1-3%,…

BARCELONA: Inter Milan’s Denzel Dumfries may have been named Man-of-the-Match with his two goals and one assist but it was Barcelona youngster Lamine Yamal everybody was talking about again after the teams’ 3-3 draw in a Champions League semi-final for the ages. Comparisons to Lionel Messi were aple­nty after the teenager had dazzled once more, not only scoring an important goal but tormenting the Inter defence throughout the night and hitting the crossbar twice as the Catalans came back from two goals down to leave the tie in equilibrium ahead of the return leg in Milan next Tuesday. After witnessing…

CNN  —  President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor. The sheer uncertainty of what’s to come has put markets on the fritz and sent soft data (like consumer sentiment surveys) sounding alarms. Now, the hard data (tried-and-true economic metrics that are lagged for good reason) is starting to reflect some of the disarray. At 8:30 a.m. ET Friday, the Bureau of Labor Statistics is set to release the jobs report for April, and it’s expected that the US economy added 135,000 jobs and that…

Bitcoin’s price has been rising in recent weeks. The cryptocurrency recently made a bullish crossover, with its 20-day moving average crossing above its 50-day moving average. The digital currency, however, could fall back in value if investors grow concerned about the economy. Bitcoin (CRYPTO: BTC) has been picking up steam in recent weeks. It’s back up to where it was around a few months ago, and it may not be long before it hits the $100,000 mark again — the last time it breached that was in early February. It only needs to rise another 15% to hit a new…

LAHORE: Multan Sultans’ desperate bid to keep their HBL Pakistan Super League play-off hopes alive ended in a crushing 87-run defeat to Karachi Kings on Thursday at Gaddafi Stadium here — their seventh loss in eight matches. Karachi Kings, with their fourth victory in the seven matches, consolidated their fourth position, thanks to James Vince’s unbeaten half century — that powered them to 204-4 — and Mohammad Nabi’s three wickets as they bowled Sultans out for 117 in 16.1 overs. Sultans, finalists in the last four PSL seasons and champions in 2021, needed a win to stay in contention. Kings,…

London CNN  —  President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. That’s because, while his tariff hikes are widely expected to jack up prices at home, they could lower inflation across the pond. The reasons are multiple, ranging from a possible influx of low-priced Chinese exports into Europe to the recent rise in the value of the euro. Aside from the benefit to consumers’ pockets, lower inflation will give European policymakers room to cut interest rates if the economy needs a helping hand —…

Morgan Stanley, one of the world’s largest investment banks, plans to introduce crypto trading on its consumer platform in the latest move by a traditional financial institution to capitalize on President Donald Trump’s deregulation of the crypto industry. The banking giant plans to allow its customers to buy and sell crypto on its subsidiary, E*Trade, starting sometime next year, according to a Bloomberg report, citing “people familiar with the matter.” In order to establish and maintain the complex mechanisms needed to trade crypto, the company is reportedly considering partnering with one or more established crypto firms, according to the report.…

MADRID: Reigning Madrid Open champion Iga Swiatek suffered a crushing semi-final defeat by Coco Gauff on Thursday, with the American triumphing 6-1, 6-1. The Polish world number two and five-time Grand Slam winner could not force a single bre­ak point and dropped serve five times as she fell in 64 minutes. Swiatek, usually excellent on clay, has struggled during her Madrid title defence. She dropped sets against Alexandra Eala and Diana Shnaider, and then was dealt a bagel by Madison Keys in just 24 minutes on Wednesday. However, the 23-year-old Pole bounced back strongly to defeat the American, but came…

Second, as he was explaining the services of Unchained and how they openly work with your financial advisors — legal, tax, planning, estate — to create sound structures and procedures, he said it’s like building your own “personal Fort Knox.” The third highlight with Trey is how he has adapted the FIRE concept of “Financial Independence, Retire Early” to the ultimate freedom asset. You can jump right into the podcast linked above and hear Trey’s story in his own words, but be sure to come back to this article as I have some goodies for you. Millions of Stories, Only…

London CNN  —  President Donald Trump’s unpredictable tariff policy and countermeasures by America’s trading partners will likely deal a heavy blow to economies worldwide, with US prosperity hit particularly hard, the International Monetary Fund warned Tuesday. Global economic growth will slow to 2.8% this year, from 3.3% last year and significantly below the historical average, the IMF forecast in its World Economic Outlook report. The slowdown expected in the United States is even steeper, with its economy likely to grow only 1.8% in 2025, compared with a 2.8% expansion in 2024. Both predictions are more pessimistic than the fund’s January…