BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps.

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🇺🇸 Federal Reserve Chair Jerome Powell says FED officials "don't see rate cuts this year."

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📣 Jerome powell on the silicone valley bank collapse $SIVB

1) the banks management failed badly

2) the bank expanded very quickly

3) svb experienced an unprecedented bank run at a faster pace than ever

4) powell says he is going to support stronger banking regulations

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​📣 Job listing platform Indeed lays off 2,200 employees

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​📣 Codiumai is using generative AI to help developers build code logic tests automatically

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📣 Elon Musk's SpaceX is planning to raise Billion of dollars in a new round of funding with backing from Saudi and UAE investors

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🐳 News in last 12 hours:

- Fed Hikes Rates 25 Bps
- $Coin Sec Wells Notice
- Yellen: Not Considering Insuring All Bank Deposits
- Justin Tron, $Trx, Accued By Sec Of Manipulation
- Powell: Rate Cuts Not Base Case
- Trump Grand Jury Called Off Wed

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🇦🇪 UAE Central Bank launches its 'The Digital Dirham’.

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📣 Apple $AAPL plans to spend $1 Billion a year to produce movies that will be released in theaters - Bloomberg

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📊 World Indices :

SPX - 3,975.05 (0.97%)

🚀 Cryptocurrencies :

Bitcoin USD - 27,408.01 (-3.38%)
Ethereum USD - 1,751.17 (-2.86%)

🌟 Commodities :

Gold - 1,981.30 (1.63%)
Crude - 71.27 (0.52%)
Silver - 23.125 (1.49%)

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📣 Hindenburg shorts Jack Dorsey's payments firm Block, share plunge 📉

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📣 JUST IN: Square $SQ said it intends to work with the SEC and explore legal action against Hindenburg Research

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📣 Accenture $ACN plans to lay off 19,000 employees

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🇷🇺 Russia's gold holdings rose to 1 million ounces over the past year, per Bloomberg

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📣 OpenAI connects ChatGPT to the internet

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📣 Fed’s Balance Sheet increased by about $100 billion over the last week to $8.73 trillion dollars

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