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🇮🇳 Indian government is planning to ban #Kalshi and #Polymarket in India over prediction market concerns.

MeitY called these platforms “illegal” under Indian rules.


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New college graduates are facing the toughest job market since the pandemic, with 42% reportedly underemployed.


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Risk of recession could rival the global financial crisis if the Strait of Hormuz remains closed through summer, warns Rapidan Energy Group.


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Exxon Mobil is nearing a deal to resume oil production in Venezuela, nearly two decades after being expelled from the country.


@PoliticFinance 🥻

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🇺🇸 Hyundai Motor is recalling 421,078 vehicles in the United States due to a software error that may cause unintended braking, according to the National Highway Traffic Safety Administration (NHTSA).


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🇮🇷 Iran's IRGC says 35 ships passed through the Strait of Hormuz with Tehran's permission in the last 24 hours.


@PoliticFinance 🥻

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🇹🇷 Following the court decision to oust CHP administration, the Istanbul Stock Exchange began experiencing one of its worst weekly declines since the 2008 global financial crisis.


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🐈 Market Overview

SPX: $7445
NASDAQ: $26293
DXY: $99

Gold: $4519
Silver: $75
Bitcoin: $77447

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NYSE parent ICE and OKX are partnering to launch Brent and WTI oil perpetual futures.


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Traders now price Fed rate hikes starting as soon as October.


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⚡️ Kevin Warsh has been sworn in as the next Chairman of the Federal Reserve by Supreme Court Justice Clarence Thomas.


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Barclays reports that the adoption of humanoid robots in China could offset up to 60% of the expected workforce decline by 2035.

With current demographic trends, the workforce is projected to shrink by 37 million over the next decade, and in an optimistic scenario, the number of robots could reach 24 million, nearly 4% of the workforce by 2035.


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Israeli army says it attacked a site for producing combat means in the Bekaa east of Lebanon and other Hezbollah infrastructure in Tyre in the south of the country.


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