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A highly anticipated US 30-year Treasury bond auction, totaling $22 billion, brought a sense of relief to markets on Thursday, easing investor concerns over potential weakening demand for long-dated government debt. After weeks of anxiety tied to rising US budget deficits and economic uncertainty, the sale drew better-than-expected interest, produc…

State Insurance Commissioner Launches Investigation California Insurance Commissioner Ricardo Lara has announced a formal State Farm wildfire claims investigation into State Farm General, the state’s largest home insurer, following widespread complaints about its handling of claims from the devastating January wildfires. Lara’s department has in…

After a prolonged slowdown in fintech IPOs, the Chime IPO is set to test Wall Street’s appetite as it prepares to go public on the Nasdaq. The online banking provider has priced its shares between $24 and $26, aiming for a market capitalization of around $9.1 billion at the midpoint, a significant drop from its 2021 private valuation of $25 billion…

Mark Guiducci has officially been named the global editorial director of Vanity Fair, marking a significant return to the publication where he began his journalism career over a decade ago. Formerly the creative editorial director at Vogue since 2020, Guiducci's new appointment was announced via his Instagram, where he shared a cleaned-out profile …

A new wave of Chinese Electric Cars in Europe is shaking up the global auto industry. Leading the charge is BYD's compact electric car, the Seagull rebranded as the Dolphin Surf in Europe, now launching in the UK with a surprisingly low price of around £18,000. Already a hit in China since 2023, this stylish urban car offers advanced features at a …

What is usually a predictable event on Wall Street has this week become a focal point for global investors. The upcoming U.S. 30-Year Bond Auction, involving the sale of $22 billion in 30-year bonds is drawing intense scrutiny amid rising skepticism over long-term government debt. Market watchers are seeing the auction as a real-time gauge of inves…

Honeywell (NASDAQ: HON) announced that its that its Honeywell IntuVue RDR-7000 Weather Radar System has been officially certified by Brazil’s National Civil Aviation Agency (ANAC) for installation and use on Bombardier Learjet 40/45 aircraft. The technology, developed in partnership with Maga Aviation, an authorized Bombardier service center in Bra…

OKX, a leading crypto exchange, in collaboration with Blockworks Research, has unveiled a new report titled “The Future of Blockchain Applications: Reshaping Global Industries.” The report outlines how blockchain technology will fundamentally transform the finance, technology, consumer goods, and entertainment sectors over the next 25 years. Drawin…

Reddit has filed a lawsuit against Anthropic, an AI company backed by Amazon and known for its chatbot Claude, alleging unauthorized and extensive access to its platform. Filed in San Francisco Superior Court, the complaint claims that Anthropic scraped Reddit’s content more than 100,000 times since July 2024, despite previously asserting that its …

In a major price drop, Intuit QuickBooks Desktop Pro Plus 2024 is now available for a one-time payment of $249.99, down from its regular price of $699, offering a significant savings of over 60%. Designed for freelancers, contractors, and small business owners, the software provides professional-grade accounting tools without the ongoing burden of …