Author: Anthony M. Orbison

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldRepublican enthusiasm for culling and combining the many US banking regulators is complicating efforts by the incoming administration of Donald Trump to find heads for those watchdogs.The problem is particularly acute for the Consumer Financial Protection Bureau, which focuses on the way lenders treat customers. The CFPB has been a target of hostility from Republicans since its creation after the 2008 financial crisis. A number of experienced candidates have demurred when contacted about the position, people familiar with the search…

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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.If a little extra storage is what you’re after, there’s one deal you don’t want to miss. At Walmart, the Yangming Nightstand is a whopping 80% off. Small in size yet ample in storage, it’s ideal for stashing away bedside essentials, books, extra clothes, and more. With an original price of $120 that has dropped all the way to just $24, you just might be tempted to get two. According to shoppers, it’s “worth every penny.”Yangming Nightstand,…

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Popular market analyst Egrag Crypto has tipped XRP to soon hit the $2.90 price mark. This prediction comes amidst little movement in the XRP market following a consolidation between $2.25-$2.50 over the past few days. The altcoin emerged as one of the biggest market gainers post-US elections rising by over 340% since November 5. However, XRP alongside crypto market leader Bitcoin has only seen little gains so far in December. XRP’s Path To $2.90  In an X post on December 14, Egrag Crypto shares a potential price trajectory for XRP to reach $2.90.  Firstly, the analyst notes the asset has…

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(Bloomberg) — China’s regulators pledged to boost efforts to stabilize the housing and equity markets, as well as conduct more effective fiscal policies, in the wake of a meeting of top leaders that called for greater stimulus. Most Read from Bloomberg The government will promote the recovery of the property market through measures such as increasing demand and controlling the supply of land for new development, China News Service reported, citing Dong Jianguo, a vice minister at the housing ministry. He spoke at a conference on Saturday. The China Securities Regulatory Commission said it will enhance market monitoring for futures…

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Investing.com — Bank of America’s 16th Annual Holiday Pricing Survey revealed that Amazon (NASDAQ:) and eBay (NASDAQ:) are leading the pack this holiday season, albeit for different reasons, according to the bank.  BofA explained that Amazon shines in price and product selection among major retailers, while eBay offers the best value for budget-conscious shoppers. The survey, conducted after Cyber Monday, reportedly analyzed prices, shipping speeds, and product availability across major online retailers, including Amazon, Walmart (NYSE:), Target (NYSE:), and eBay.  “Amazon had the lowest average prices among big box retailers,” BofA reports, with promotions driving down costs.  However, eBay outperformed overall…

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Este artículo también está disponible en español. In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives.  Bitcoin Adoption Surges Among Nations And Major Corporations Hamada’s proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries. This surge in interest comes on the heels of Texas’s significant legislative efforts. The Texas…

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As jubilant Syrians celebrated the fall of dictator Bashar al-Assad this week, dire warnings proliferated across Arabic social media: that this joyful moment could lead to a bleak future.That the end of the Assad dynasty came at the hands of an armed Islamist group with former links to al-Qaeda, Hayat Tahrir al-Sham, deepened alarm even among Arabs well aware of the blood-soaked record of Assad’s regime.“The people who are optimistic for the future of Syria, have they not been with us during the past 14 years?” Ezzedine Fishere, an Egyptian political science professor at Dartmouth University in the US, wrote…

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One might forgive the Federal Reserve Board if it just declared victory over inflation at its meeting this week. Don’t bet on it. The Fed is obsessed with inflation, which hit 9% in the summer of 2022 and has come down substantially since then.  💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸The Fed, led by Chairman Jerome Powell, wants to see inflation drop to 2%, even if it is an arbitrary number — formulated by New Zealand’s central bank 30 years ago. U.S. inflation is hovering just below 3%.Many investors are worried that current inflation indicators…

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After Bitcoin (BTC), the world’s largest, hit the coveted $100,000 mark, several analysts and investors were coming up with more ambitious bets. This week started on a bearish note for the king coin as it lingered below $100,000. But earlier today, BTC managed to navigate the path above $100,000. Fundstrat’s Tom Lee shared his vision for the leading cryptocurrency amid this volatility.Also Read: Chainlink Outperforms Bitcoin, Ethereum: Will LINK Hit $50 Soon?Is $250K Attainable for Bitcoin?Appearing in a recent interview, Tom Lee, the Managing Partner at Fundstrat Global Advisors, revealed that Bitcoin was all set to hit $250,000. Lee optimistically…

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As investors surely already know, bellwether Intel Corp (INTC) has become the black sheep of the semiconductor family. Late to the game in shifting from CPUs to GPUs, Intel has lost industry leadership to Nvidia (NVDA) and long-term competitor Advanced Micro Devices (AMD). That fact is crystal clear when recognizing that NVDA stock’s market cap is now approximately 40x that of Intel. With shares of Intel at a low, new leadership at the company, as well as sprinkles of takeover interest since Intel’s dark days of August, many investors may hold optimism for a turnaround in Intel’s valuation. At the…

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