Citi Lowers Rating for Crypto Exchange Gemini After Reducing Price Predictions for Bitcoin and Ethereum
Simply put Citi has downgraded Gemini’s rating from “neutral” to “sell,” indicating it may take years for the exchange to become profitable again. GEMI stock saw a drop of over 16% in a single day, outpacing declines in other major crypto stocks. This week, Citi also reduced its price targets for Bitcoin and Ethereum. Early […]
Chinese purchasers spend $13.7 billion on U.S. properties, reducing choices for Americans.
Trump Calls for Action Against Foreign Home Buyers President Donald Trump is pushing Congress to prevent Wall Street firms from buying up single-family homes. It’s understandable, really. He’s concerned that wealthy investors are pushing young and middle-class Americans out of the housing market, particularly in rapidly expanding southern cities. However, there’s another group of buyers […]
Law firm Fried Frank denies rumors about reducing hiring for AI positions.
Chatbots Won’t Eliminate Legal Jobs, Says New York Law Firm Leaders at a prominent New York law firm are asserting that chatbots aren’t a threat to employment; in fact, the situation is quite the reverse, contrary to rumors going around in the legal sphere about potential layoffs. There’s been a lot of chatter at Fried […]
DAVID BLACKMON: Americans Have a Simple Option for Reducing Energy Dependence on Foreign Nations
Dear Americans: When it comes to energy security, would you prefer to depend on Canada and its oil and gas industry or on China? This question has been more pressing since the conflict with Iran started on February 28th. Someone on X mentioned an interesting point: “Has anyone realized that neither solar nor wind energy […]
Jack Dorsey announces that Block is reducing its workforce by almost 50% for AI changes
Block revealed on Thursday plans to reduce its workforce by almost 50% as part of a significant reorganization aimed at integrating artificial intelligence (AI) throughout the company. This move will impact over 4,000 jobs. CEO Jack Dorsey mentioned that this single, larger round of layoffs, as opposed to multiple smaller cuts, is intended to provide […]
Tigers’ Tarik Skubal reducing involvement with Team USA in World Baseball Classic
Tarik Skubal to Join Team USA for World Baseball Classic Tarik Skubal is gearing up to represent the United States next month, albeit briefly. As a two-time American League Cy Young Award winner, he’s signed on to pitch for Team USA in the World Baseball Classic (WBC). However, his commitments to the Detroit Tigers mean […]
Bitdeer Sells 943 Bitcoin, Reducing Treasury to Nothing
bitcoin news BitDeer Technologies, a Bitcoin mining company, has fully liquidated its Bitcoin treasury, reporting zero Bitcoin holdings as of February 20th. This marks a significant shift, with around 2,000 Bitcoins being sold off since the end of 2025. In the week leading up to February 20th, BitDeer mined 189.8 Bitcoins and sold every one […]
Ex-NYPD chief John Chell criticizes Mayor Zohran Mamdani for reducing police funding
Criticism of NYC Mayor’s Decision on Police Hiring John Chell, the former Police Commissioner of the NYPD, has expressed strong discontent regarding New York City Mayor Zoran Mamdani’s choice to cancel the recruitment of 5,000 additional police officers. He labels this decision as “a prescription for disaster,” especially amid the city’s significant budget shortfall. Previously, […]
Mamdani Suggests Reducing NYPD Budget and Halting New Hires
Mayor Proposes NYPD Budget Cuts and New Hiring Freeze New York City Mayor Zohan Mamdani has suggested significant budget reductions for the New York City Police Department (NYPD) and has halted plans for thousands of new hires. Mamdani overturned a previous directive from former Mayor Eric Adams, which intended to recruit an additional 5,000 officers […]
Mayor Zohran Mamdani suggests reducing the NYPD budget for next year.
Mayor Mamdani’s Budget Shift for New York City New York City Mayor Zoran Mamdani is aiming to revamp the city’s finances within a tighter fiscal framework, and one of his strategies might involve trimming the New York Police Department (NYPD) budget. His predecessor, Mayor Eric Adams, had suggested hiring 5,000 additional officers by 2028 to […]