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Category: Economy

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Latest News (24336 articles)

Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Stocks Rally as Oil Prices Edge Higher After Venezuela Shock | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, …

Stocks rallied as oil prices edged higher following the news of Venezuela's potential oil production … High (80%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Asian Stocks Poised to Extend Record Global Rally: Markets Wrap

Asian stocks were set for a positive open Tuesday, extending a record high for global equities as investors looked past …

Asian stocks are expected to rise, continuing a global record high rally, driven by investor … High (90%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Light Street Gains 37% in Big Year for Stock-Picking Hedge Funds

Light Street Capital Management soared more than 37% last year, outperforming other stock-picking hedge funds, and making investors whole following …

Light Street Capital Management gained 37% in 2023, outperforming other stock-picking hedge funds and recovering … High (90%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Stablecoin Banking Startup Kontigo to Repay Customers After Hack

Latin America-focused banking startup Kontigo plans to reimburse more than 1,000 customers after a hack that affected some $340,905 worth …

Kontigo, a Latin America-focused banking startup, plans to repay over 1,000 customers after a hack … High (80%)
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Economy Bloomberg 70% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Maduro Capture Puts Spotlight on Maha’s Venezuela Oil Project

Maha Capital, a Swedish energy company with rights to a languishing oil project in Venezuela, is considering partnerships after Nicolas …

Maha Capital, a Swedish energy company, may explore partnerships for its Venezuelan oil project following … High (70%)
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Economy Bloomberg 65% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Bets on Maduro, Jesus Reveal Promise and Risks of Prediction Markets

Prediction markets are selling themselves as an information hack for the modern economy

The article discusses the rise of prediction markets, specifically those betting on the fate of … Medium (65%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Hedge Funds Ramped Up Bullish Oil Bets Ahead of Maduro’s Capture

Hedge funds boosted bullish bets on crude to the most since November in the week before the US capture of …

Hedge funds increased their bullish bets on oil to the highest level since November, ahead … High (90%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Brazil Fintech PicPay Files for US IPO With Claure Set to Invest

PicPay, the Brazilian mobile banking app owned by the billionaire Batista family’s investment holding company, has filed for a US …

PicPay, a Brazilian mobile banking app, has filed for a US IPO, showing a 79% … High (90%)
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Economy Bloomberg 70% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Hedge Fund Shiprock Snags Converium’s Cura in Latest EM Hire

Shiprock Capital Management hired Nadir Cura as the London-based hedge fund builds up its roster of emerging-market specialists, according to …

Shiprock Capital Management has hired Nadir Cura, a specialist in emerging markets, to bolster its … High (70%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Investors Pull Money From Australia on Rate Risks, Weak Profits

A pullback from Australian assets is accelerating as investors shift capital toward hot markets globally that promise returns far outpacing …

Investors are withdrawing funds from Australia due to concerns over interest rate risks and weak … High (90%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Maduro Pleads Not Guilty in Narco-Terrorism Case in US Court

Ousted Venezuela President Nicolás Maduro appeared in a New York City courtroom on Monday where he pleaded not guilty to …

Nicolás Maduro, the ousted Venezuela President, pleaded not guilty to US charges of narco-terrorism in … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
142d ago
Saudi Arabia Cuts Flagship Oil Price to Asia for a Third Month

Saudi Arabia dropped the price of its flagship crude grade to Asia for a third month amid persistent signs of …

Saudi Arabia has cut the price of its flagship crude grade to Asia for a … High (80%)
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