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Investments and Business

Trump may have broken Wall Street

Wall Street edges lower from records during bustling week

U.S. stocks saw a slight decline after achieving record highs recently, as investors managed a hectic week packed with corporate earnings reports, economic news, and continuing discussions about potential changes in interest rates. This minor dip signifies a natural halt in the market's upward movement, with traders balancing their strategies between positive expectations and caution. The primary indices, such as the S&P 500 and Nasdaq Composite, pulled back slightly from their peak positions, although the decrease was not significant. Experts characterized the adjustment as a component of a more extensive recalibration, rather than a change in market outlook. Although investor…
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Auction sales fall 6% in the first half, raising fears of an art market shift

6% decrease in auction sales during H1 ignites art market shift worries

Auction revenues declined by around 6% in the first half of the year compared with the same period last year, prompting fresh concerns about the global art market's strength. This occurs amid broader weakening in fine‑art sales, signaling a shift in collector behavior and challenging prevailing business models. Although leading institutions such as Sotheby’s, Christie’s, and Phillips maintained their dominance, their total sum decreased to slightly below $4 billion in the first half of 2025. The central aspect of their operations, fine-art auctions, declined by around 10%. This indicates a market that is either stabilizing at a reduced level or…
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Crypto kidnapping: How armed gangs are hunting the internet's high rollers

Crypto kidnapping: Investigating the threat to internet’s financial elite

In the current digital landscape, cryptocurrencies have produced a novel group of wealthy individuals. However, this form of digital fortune has drawn a perilous type of attention — not from cybercriminals, but from armed offenders. These perpetrators are now focusing on people known for possessing substantial crypto holdings, resulting in a concerning increase in incidents referred to as “crypto kidnappings.” A different type of objective Unlike conventional bank accounts, cryptocurrency wallets may often be accessed from various devices, and frequently don't have the same protective measures as financial institutions. For criminals, this creates a unique chance. They simply require physical…
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