Apple's Glowtime Event Unveils iPhone 16, Marred by Deepfake Bitcoin Scam Featuring AI-Generated Tim Cook
September 11, 2024The highly anticipated iPhone 16 is set to launch soon, showcasing a range of new enhancements that are expected to attract consumer interest.
In the cryptocurrency market, spot Ethereum ETFs have experienced significant outflows, totaling $91.1 million, alongside declines in both Bitcoin and Ethereum prices.
As the largest contract chip manufacturer in the world, TSMC continues to play a crucial role in the tech industry by producing chips for major companies like Nvidia and Apple, regardless of the competitive landscape in AI.
Brian Jacobsen, chief economist at Annex Wealth Management, has raised alarms about the labor market's imbalance, despite the Federal Reserve's ongoing efforts to stabilize it.
A recent report from Bernstein suggests that a potential win for Harris could prolong the regulatory challenges that have plagued the cryptocurrency sector in recent years.
Experts caution that while appealing campaign promises may resonate with voters, they often fail to translate into effective governance once in office.
Amidst market volatility, venture capitalists are expressing a desire for stable leadership, with some favoring Trump for economic reasons, despite concerns about governance.
In response to negative market sentiment, investors are increasingly turning to defensive and low-volatility sectors to safeguard their portfolios.
The U.S. unemployment rate saw a slight decrease to 4.2% in August, with 142,000 jobs added, although this figure fell short of expectations.
Recent market trends show that both the S&P 500 and Dow have experienced their largest weekly declines since March 2023, while the Nasdaq faced its most significant drop since January 2022.
Despite being perceived as a hedge against inflation, Bitcoin's price movements have closely mirrored those of the stock market, complicating its role as a safe haven.
The Chamber of Progress has called for both presidential candidates to clarify their positions on fostering digital assets while ensuring consumer protection.
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