🇺🇸 US has "paused" weapons deliveries to Israel after it started Rafah invasion. US Secretary of Defence said there have been ‘far too many casualties’ from Gaza war - Bloomberg

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🇦🇺 Australia's Macquarie bank will stop cash withdrawals this month and go completely cashless.

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JUST IN: 🇺🇸 President Joe Biden claims inflation was 9% when he came into office.

Inflation was actually 1.4% when Biden took office in January 2021.

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🇿🇲 Zambia's currency has plummeted to an all-time low against the U.S. Dollar

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🇯🇵 Japan's real wages have declined for the 24th consecutive month

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📣 Elon Musk’s Artificial Intelligence Startup xAI Reportedly Nears $18 Billion Valuation With Fresh Funding As AI Race Heats Up

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🇺🇸 Wall Street's Fear & Greed Index 40/100 (FEAR)

The Nasdaq 100 is taking a breather as markets wait for further catalysts that could give the next direction. While Fed officials are hinting at high rates for longer, the lack of bad news has limited the downside.

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🚨🚨 Burnett Plaza, the tallest building in Fort Worth, has been sold at foreclosure auction for $12.3 million.

It previously sold in 2021 for $137.5 million.

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🚨🚨🚨 NEW: 🇺🇸 Expect at least one bank failure every week because of real estate collapse, says billionaire real estate investor Barry Sternlicht - Fortune

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🔥🔥 BREAKING : Switzerland🇨🇭 Surprises With Rate Cut, Moving Ahead of ECB and Fed.

The Swiss National Bank unexpectedly cut its key interest rate by 25 basis points, moving months ahead of global peers as policymakers try to prevent gains in the franc.

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🇺🇸Legendary Investor Stanley Druckenmiller on "Bidenomics":

"If I were a professor, I'd give them an 'F'... they've spent and spent and spent.

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🇺🇸 U.S. officials seek easier pathways to ban AI exports and keep tech secrets in.

Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors.

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🇺🇸 Mastercard, JPMorgan, Visa, Citibank & other big US banks are testing shared-ledger technology for tokenised asset settlements - Bloomberg

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🇺🇸 FED'S LOGAN:

- IT'S TOO EARLY TO THINK ABOUT CUTTING RATES

- Q1 INFLATION DATA IS DISAPPOINTING

- FED'S LOGAN: IT IS NOT A SOFT LANDING YET

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📣 Apple $AAPL has closed in on an agreement with Microsoft $MSFT backed OpenAI to use the startup’s AI technology on the iPhone - Bloomberg

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📣 Legendary mathematician and hedge fund manager Jim Simons has passed away, age 86.

His Medallion fund was called "Greatest Money-Making Machine of All Time" and made an annual return of 62% per year from 1988 to 2018 (before fees).

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