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Wednesday 12th April 2023 – Today, Battle Infinity, a play-to-earn fantasy sports platform within the metaverse multiverse, unveils its innovative Battle Infinity Ambassador Program at the prestigious IT UTSAV tech event.Thousands of students from six of India’s top universities will be in attendance for the pitch from the Battle Infinity team. Students compete in programming competitions and other events to win prizes. They will also be able to sign up for the Battle Infinity Ambassador Program.This news follows fresh from the release of Battle Infinity Whitepaper 2.0, which provides a first glimpse of the IBAT Premier League and unveils new features…
Amazon is attempting new measures to get customers to return fewer of their online orders, including charging a fee to return items to UPS stores. For decades, Amazon built its business by creating shopping that was fast, ridiculously easy and, seemingly, error-proof. You don’t like it, just return it. But not anymore: so many customers have buyers’ regret, or simply bigger feet than they thought they had, that handling returns has become an expensive problem for the company. So, Amazon will start charging customers a $1 fee if they return items to a UPS store when there is a Whole…
Most U.S. adults in a survey say they have little confidence that Chinese President Xi Jinping will “do the right thing regarding world affairs,” according to the poll by the Pew Research Center released Wednesday.Despite that pessimism, more than half of people in the U.S. said the two countries can work together on trade and economic policy, the survey found.The study, covering more than 3,500 U.S. adults between March 20 and 26, comes as U.S.-China tensions escalate to the point of limited bilateral interaction. Exerting pressure on Beijing is one of the few topics with strong bipartisan support in the…
While the latest inflation report might have shown welcome signs of inflation continuing to cool, one supermarket and oil CEO told Americans to prepare for the exact opposite. “Prices are going up. Gasoline is going up. Everything is going up. So I’m not a historian, I am a person that deals with it every day,” Red Apple Group and United Refining Company Chairman and CEO John Catsimatidis said on a “Mornings with Maria” panel Wednesday. “And we have to worry about: what [is the Fed] going to do?”The Labor Department said Wednesday that the consumer price index, a broad measure of…
“Risk” is a something of a loaded word, having a somewhat negative implication. Most people only focus on the downside risk, and when we hear about “risky” investments it is typically in reference to penny stocks, cryptocurrencies, and other speculative instruments. The accepted meaning of “risk” in financial jargon, however, is typically to convey standard deviation, which encompasses both potential underperformance and outperformance relative to a mean expectation for investment return. After all, risk can lead to both losses and gains, otherwise no reasonable investor would ever take on any risk. If you are even casually familiar with the Capital…
With tax season here and taxes due April 18th, what is the best plan of attack for last-minute tax filers? I reached out to Best Selling Author, Rich Dad Advisor® & International Authority on Tax Tom Wheelwright,CPA to share his best advice for last-minute tax filing. 1. Don’t rush. Yes, the April 18 deadline is approaching fast, and for those who have waited until the last minute, it can be a stressful time. Resist the urge to rush through the process. A hurried approach often leads to costly errors. Instead, follow the steps below carefully. If you feel yourself getting…
Key Takeaways Inflation Continues To Slow Bank Earnings Coming Friday Fed Members Disagree On Next Move It’s been a very quiet six days for stocks but that could all begin changing today as economic data comes into to focus and then earnings season will kick off Friday. Data on inflation shows consumers continue to pay more for goods, but the rate at which they are paying more has cooled. Tomorrow we’ll get March’s Producer Price Index (PPI) and a look at production costs. Investors will have little time to digest the economic news before attention shifts to the state of…
Markets expect the Federal Reserve to hike rates 0.25-percentage-points at their upcoming May 3 interest rate decision. There’s a 7 in 10 chance of a hike according to fixed income futures, with a 3 in 10 chance of holding rates steady. That’s because with March’s economic data, as reported in April, inflation continues to run hot, compared to the Fed’s target, and recent unemployment numbers don’t imply a recession, despite some potential softness. That said, inflation is moving closer to the Fed’s goal, just at a slower pace than the Fed wants to see. Hawkish Fed Minutes The Fed have…
By Herbert Lash NEW YORK (Reuters) – Treasury yields fell and a gauge of global stocks eased on Wednesday after the market was rattled by minutes from the Federal Reserve’s last policy meeting that indicated banking sector stress could tip the economy into a recession. Fed staff assessing the potential fallout of banking stress projected a “mild recession” later this year. But the minutes showed policymakers ultimately agreed to higher interest rates as data at the time showed few signs of inflation pressures abating. “We’ve had some calm with banking turmoil, and there’s just this feeling that it could pick…
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