Saturday, 25 July 2020

Fortnite Verve Emote Can Can Give Free V Bucks

Epic Games introduced a new Party Royale lobby in Fortnite which it uses to host a number of live virtual events and concerts for fans. The company aired Opus United's anti-racism presentation ‘We The People’ via Fortnite’s Party Royale mode throughout the day.

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Fortnite is now set to collaborate with the OPUS UNITED again to bring another ‘We The People x More Than a Vote’ event for fans which will be hosted by Cari Champion. The event will also include some other popular names such as Jason Heyward, Bun B, Jalen Rose, Yvonne Orji, and Russ.

Tuesday, 21 July 2020

Bitcoin Clings to $9,200 While Ethereum Transactions Soar High

Holding on to $9,200 after a weekend in the $9,100 range is the best traders could hope for in a weaker-than-normal market for bitcoin.

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“After a brief consolidation in the region of $9,000, bitcoin began to adjust upward,” said Constantin Kogan, partner at cryptocurrency fund of funds BitBull Capital. “Now it is near the next important level at $9,200. If today’s trading session closes above this mark, it is likely to see further growth.”

Wednesday, 15 July 2020

Equity markets are something we don't usually talk about

U.S. investors, who been running up equity market values, have been right, at least so far, said St. Louis Fed President James Bullard on Tuesday. "Equity markets are something we don't usually talk about at the Fed. I think they have been optimistic and they have been right, I think, up to now anyway.

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They were optimistic in the May-June time-frame and indeed the data came in and validated the market thinking," Bullard said. He added a big part of market capitalization is tech firms and pandemic has been a "boon" to this industry.

Saturday, 11 July 2020

High Speed Motor Market 2025 Competitive Analysis of Industry Applications

Latest Market Research Report on Global High Speed Motor Market with focus on Industry Analysis, Growth Opportunities, Current Trends, Risk Analysis, Competitive Landscape, Investment Strategies and Forecast by 2025.

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Friday, 10 July 2020

Speaking in northern Pennsylvania near his boyhood home of Scranton

Emphasising the need to tackle income and racial inequalities and build resilience against future threats, Biden served up his vision to resuscitate US manufacturing, modernise the nation's infrastructure, promote clean energy, bolster critical stockpiles and create millions of secure, well-paying union jobs.

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Achieving that vision involves sinking $700bn in federal funds into government investment and procurement programmes including $400bn to buy products made in the US, and $300bn to foster innovation in burgeoning industries such as battery technology, AI, biotech and clean energy.

"My plan will create at least five million - five million - new, good-paying jobs," Biden told the audience.

Monday, 6 July 2020

Japan’s household spending fell at the fastest pace on record

The large spending drop will add to growing pressure on policymakers to ramp up moves to restore confidence among businesses and in particular consumers. Household spending slumped 16.2% in May from a year earlier, government data showed on Tuesday, falling at the quickest pace since comparable data became available in 2001.

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 The drop, which was larger than a median market forecast a 12.2% fall, followed an 11.1% decline in April. A spending recovery is expected to be fragile and take time as households remain reluctant to loosen the purse strings even after a nationwide state of emergency was lifted in May. Still, the Bank of Japan is expected to roughly maintain its view the economy will gradually recover later this year, sources familiar with its thinking told Reuters.

Furlough schemes have kept the jobless rate in check

The U.S. is still struggling to contain outbreaks in several states from Texas to Florida, whose health-care systems are being pushed to the brink. The federal government has failed to articulate a unified message for the country, as state governors have taken conflicting decisions on the length and strictness of their lockdowns.

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 Meanwhile, in most European countries, the situation appears under control. From Germany to Greece, countries are dealing with a handful of flare-ups, but they’re being contained by localized restrictions. Governments have reopened their economies steadily, without causing a new surge of infections. The sacrifices of months of lockdown appear to be paying off for now.