After a long and uncertain process, the Tampa Bay Rays have finally received the green light from local governments to move forward with their plan to build a new government-subsidized ballpark in St. Petersburg, Florida. The Pinellas County Commission’s decision to commit $312.5 million from its tourist tax fund towards the $1.37 billion project has
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The recent fluctuations in the exchange rate between the U.S. dollar and the Japanese yen have left traders in a state of uncertainty. The yen weakened by 0.89% on Tuesday after a sharp rise in the previous session, reaching a seven-month high against the dollar. This surge in the yen comes in the backdrop of
During a crypto convention in Nashville, Tennessee, Donald Trump announced his plan to establish a state bitcoin reserve if elected as President of the United States. This proposal includes keeping 100% of all bitcoin currently held or acquired by the U.S. government in the future, serving as the “core of the strategic national bitcoin stockpile.”
Zircuit, a ZK rollup platform with AI-enabled sequencer-level security, has officially launched its Mainnet Phase 1, marking a significant milestone for the project. The release includes the introduction of the Zircuit Mainnet Festival, a unique program that rewards users with ZRC tokens and the opportunity to win exciting prizes based on gas spent on the
Asian currencies have been trading in a tight range recently, despite a weaker dollar, as concerns over a slowdown in U.S. economic growth have dampened investor sentiment. The Japanese yen, in particular, has strengthened due to safe-haven demand and expectations of more interest rate hikes by the Bank of Japan. However, the outlook for regional
Jeff Bezos, the billionaire behind Amazon, has been garnering attention not just for his extravagant purchases like luxury homes and yachts, but also for his significant investments in artificial intelligence (AI). Through his family office, Bezos Expeditions, he has directed all investments this year towards AI projects, as revealed by exclusive data from FINTRX, a
Delta Air Lines CEO, Ed Bastian, recently took steps to express gratitude towards his employees following the significant disruptions caused by a botched CrowdStrike software update that impacted thousands of customers and crew members. These disruptions led to the cancellation of more than 5,000 flights between July 19 and July 24, costing the company approximately
In the last fiscal year, New York City’s pensions for police officers, fire fighters, teachers, civil employees, and school personnel surpassed their investment targets with a 10% return, outperforming their 7% goal. This success was largely driven by the booming U.S. stock market, with the S&P 500 posting a remarkable 22.7% return for the year
The League of California Cities is set to host a webinar to assist potential applicants in accessing the $3.3 billion in funds accelerated by the governor from a bond measure ratified by voters in March. This funding, to be released in August, marks the initial portion of the $6.4 billion Proposition 1 bond measure. Despite
Recent news has revealed that all doses of Eli Lilly’s popular weight loss injection, Zepbound, and diabetes drug, Mounjaro, are now readily available in the United States. This update comes from the U.S. Food and Drug Administration’s drug shortage database, putting an end to the previous scarcity issues that were reported. Initially, there were shortages