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Some Popular News

Month: April 2026

Investing

44-year-old gas station chain makes rare closure after 26 years

While retail store closures have become increasingly common in recent years, gas stations have remained relatively resilient. Steady demand for transportation, despite economic uncertainty and more cautious consumer spending, has continued to support the industry. However, rising geopolitical tensions have pushed fuel prices higher in 2026, increasing costs for both consumers and operators. For gas […]

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  • April 17, 2026
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  • 3 Views
Investing

Frozen food maker files Chapter 11 as pandemic boom fades

The Covid pandemic created a boom period for businesses that could meet the unique needs of those times, but it was in many ways a false positive, not an underlying change in demand. Companies such as Peloton and Teladoc saw a rapid increase in demand because gyms were closed and going to a physical doctor […]

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  • April 17, 2026
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  • 2 Views
Crypto

‘Too Dangerous’: Anthropic Mythos Sparks Crypto Hack Fears Amid Coinbase Talks

Anthropic has launched a new artificial intelligence model that is causing ripples in the crypto industry. Security experts are concerned that the new Anthropic Mythos model may become the fastest way to launch a cyberattack on exchanges. It could, in turn, lead to rise in crypto hacks. However, Coinbase has indicated interest in adopting this […]

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  • April 17, 2026
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  • 2 Views
Crypto

UBS Expects 50 bps Fed Rate Cuts as Gov Miran Downplays Inflation Risks

Wall Street banking giant UBS forecasts further Fed rate cuts later this year. This comes as Fed Governor Stephen Miran claims the US-Iran war and tariffs will not have long-term impacts on inflation, but expects three rate cuts instead of four in 2026. Bitcoin and gold will rise further if the Federal Reserve proceeds with […]

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  • April 17, 2026
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  • 3 Views
Stock

USDCAD Breaks Key Support — 1.3600 Next on the Charts

The US dollar’s recent softness against the Canadian dollar has pushed USDCAD through a technical level that held firm for two months. With the pair now trading below 1.3725, the path of least resistance points lower — and the charts suggest 1.3600 is the next stop. This article is not financial advice. Always conduct your […]

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  • April 17, 2026
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  • 3 Views
Stock

Losses by the dollar as focus on diplomacy continues

Expectations of a second round of talks between the USA and Iran have reduced demand for the US dollar as a haven. The week ending 17 April mostly featured continuation of previous movements as American indices made further strong gains and the dollar declined against most major currencies. The current fortnight’s ceasefire between the USA […]

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  • April 17, 2026
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  • 4 Views
Stock

Australian Dollar Retreats from Highs Amid Soft Labour Data

The Australian dollar has entered a corrective phase after recently reaching local highs, with the pullback driven by weaker-than-expected macroeconomic releases. The earlier rally in AUD was fuelled by improved global risk appetite and solid demand for commodity-linked currencies. However, softer labour market figures have prompted traders to reassess expectations, leading to a wave of […]

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  • April 17, 2026
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  • 4 Views

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