Author: IA PressRoom

© Reuters. Mannequins are seen at a Walmart’s newly remodeled store, in Teterboro, New Jersey, U.S., June 7, 2023. REUTERS/Siddharth Cavale By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart (NYSE:) Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans, too. Using low-cost and low-margin groceries as a draw, Walmart is adding more than a dozen new lines of pricier, more profitable merchandise including six through partnerships with celebrities like Drew Barrymore and Sofia Vergara. The company…

A slight deviation in Tether’s (USDT) stablecoin earlier today has caught the attention of cryptocurrency traders.The move occurred within Curve’s 3Pool decentralized finance ecosystem, which holds significant liquidity and three primary stablecoins: USDT, USDC, and DAI.In light of this development, what are the best cryptos to buy now?The shift was a minimal 0.3% pullback to 0.997, seemingly caused by a sudden influx of USDT within Curve’s 3Pool, which caused the platform’s USDT dominance to reach 73.8% at one point–compared to the typical 33.1%.This presents a clear signal that traders are starting to exchange their USDT holdings for either DAI or…

DLocal to invest up to $100M in Argentina, hire 300 people in the medium-term

Democratic New Jersey Gov. Phil Murphy on Thursday appointed four new officials to the state’s Election Law Enforcement Commission.Murphy appointed two Democrats, Tom Prol and Norma Evans, and two Republicans, Ryan Peters and Jon-Henry Barr, to the commission. Prol will serve as its chairman.The new appointees’ enforcement roles remain unclear, but most of the commission’s oversight covers state spending, lobbying, and pay-to-play laws.Exercising his power under a new campaign finance law, New Jersey Democratic Gov. Phil Murphy has appointed four new commissioners to the state’s campaign finance watchdog agency.The bipartisan slate of new Election Law Enforcement Commission members include a…

Summary Toyota shares spiked after it revealed its EV plans. Auto manufacturers that were popular with gurus in the first quarter included Tesla, GM, Ford, Stellantis and Ferrari. Shares of automaker Toyota Motor Corp. (TM, Financial) climbed more than 5% on Tuesday morning after its plans for next-generation battery electric vehicles were announced. Price chart for Toyota Motor. GuruFocus.com The Japanese company said a full lineup of vehicles will be developed and manufactured by its new BEV Factory unit, which it established in May. Targeting a driving range of 620 miles for its EVs, the factory aims to produce about…

© Reuters. An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, U.S., October 18, 2019. REUTERS/Tom Brenner (Reuters) – Software firm Oracle (NYSE:) on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the matter. Oracle did not immediately respond to a Reuters request for comment.

© Reuters. International Atomic Energy Agency (IAEA) Director General Rafael Grossi and members of the expert mission visit the Zaporizhzhia Nuclear Power Plant and its surrounding area in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia r (Reuters) – A spokesman for the U.N.’s nuclear watchdog said on Thursday that gunfire briefly halted a convoy heading back to Ukrainian-held territory after a visit to the Russian-controlled Zaporizhzhia nuclear power station, but the delegation was in no immediate danger. “Convoy was stopped and gunfire was distinctly heard for a few minutes but the convoy was not in immediate danger.…

Two- and 10-year Treasury yields dropped by the most in two weeks on Thursday as investors assessed a mixed batch of U.S. data one day after the Federal Reserve refrained from raising interest rates. What happenedWhat drove markets Data released on Thursday showed that initial jobless claims topped 262,000 last week, remaining at the highest level since October 2021, in a sign of a softening labor market. In addition, U.S. industrial output was down 0.2% last month after a 0.5% gain the prior month.However,…

During former President Donald J. Trump’s years in the White House, his aides began to refer to the boxes full of papers and odds and ends he carted around with him almost everywhere as the “beautiful mind” material.It was a reference to the title of a book and movie depicting the life of John F. Nash Jr., the mathematician with schizophrenia played in the film by Russell Crowe, who covered his office with newspaper clippings, believing they held a Russian code he needed to crack.The phrase had a specific connotation. The aides employed it to capture a type of organized…

Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page. The national average APY (Annual Percentage Yield) on a 2-year CD is 1.45% APY. However, select online banks and credit unions pay up to 5.00% APY on 2-year CDs. Read below for our top picks for 2-year CDs.When you open a CD, your rate is locked in for the entire term length. You have the option to take out…