finance on The Soothsayer / page 2

Shiba Inu’s Path to $0.01: Can Massive Burns and Market Momentum Make it Possible?

Shiba Inu’s price has been on the rise, growing 16.4% in the last day and 67.1% in the last week. However, reaching its target of $0.01 remains a challenging task, requiring a 34,130% increase in value. The Shiba Inu community has burned almost 410.7 trillion tokens, but more extensive burns are needed to hit the…

Musk’s Lawsuit Against OpenAI Sparks Concerns Over AI Competition

Elon Musk, the world’s richest man, has filed a lawsuit against OpenAI, accusing the company of abandoning its original mission as a nonprofit organization. Despite this, Josh Kushner, a key investor in OpenAI, has expressed admiration and respect for Musk, praising his intentions to do right by everyone. The lawsuit has sparked concerns over the…

Meme Coin Revolution: A New Era of Cryptocurrency

The meme coin revolution is in full swing, with tokens like Dogecoin, Shiba Inu, and Floki Inu gaining massive popularity. BTFD Coin, a new player in the market, is poised to dominate with its unique Play-to-Earn game and high-yield staking rewards. As the meme coin bull run continues, investors are looking for the next big…

Canada Intervenes in Port Lockout, Averting Economic Disaster

Canada’s labour minister, Steven MacKinnon, has intervened in the lockout of workers at the country’s two biggest ports, Vancouver and Montreal, to prevent economic self-destruction. The lockout, which has been affecting $930m worth of goods daily, has disrupted supply chains and the local economy. MacKinnon has directed the Canada Industrial Relations Board to order the…

Breakthrough in Eye Care: Portable OCT System Revolutionizes Disease Diagnosis

A UK-based health technology start-up, Siloton, has made a significant breakthrough in the development of a portable optical coherence tomography (OCT) system. This innovative technology uses photonic integrated circuits to miniaturize expensive and fragile optical components, making it possible to capture high-quality images of the human retina. The system has the potential to revolutionize the…

AI Revolutionizes Prediction Science: A New Era of Uncertainty and Accuracy

In a groundbreaking episode of “The Joy of Why” podcast, mathematician and statistician Emmanuel Candès discusses the impact of artificial intelligence (AI) on prediction science. Candès explains how AI models, often referred to as “black boxes,” can make successful predictions without fully understanding the underlying mechanisms. He also highlights the importance of quantifying uncertainty in…

US Fed Cuts Interest Rates Amid Economic Shifts

The US Federal Reserve has cut interest rates by a quarter of a percentage point, citing a job market that has “generally eased” while inflation continues to move towards the central bank’s 2 percent target. This decision comes as policymakers navigate a changing economic landscape with the election of Donald Trump as the next US…

Hot Topic Data Breach Exposes Personal Data of 57 Million Customers

A massive data breach at American retailer Hot Topic has compromised the personal data of 57 million customers. The stolen information includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth, as well as partial credit card data. The breach occurred on October 19 and was claimed by a threat actor operating…

Trump’s Stunning Comeback: The Inflation Factor

The recent US presidential election saw a stunning comeback by former President Donald Trump, with many attributing his victory to the rising cost of living. Despite official statistics showing low inflation rates, voters felt the pinch of increasing prices, which ultimately led to Trump’s win. The Biden administration’s inability to address this issue effectively has…

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