The clock has begun ticking for TikTok to find a new owner. President Joe Biden signed legislation Wednesday that would ban TikTok in the United States unless its Chinese parent, ByteDance, sells the app. TikTok plans to challenge the law in court, but if it fails, the company would have…

EUR/USD extends its recovery as mixed US data weighs on the US Dollar.  The US Dollar may also now already have “a lot priced in” according to analysts at Commerzbank.  The short-term trend could now be bullish on the 4-hour chart.  EUR/USD sherpa-treks higher on Thursday, with a foothold now above…

Within the ever-evolving world of finance and technology, the concept of real-world asset (RWA) tokenization has emerged as a game-changer for many. This is because it opens up new avenues for investment and democratizes access to markets — such as real estate, government bonds, commodities, royalties, luxury goods, energy assets,…

Merck on Thursday reported first-quarter revenue and adjusted earnings that topped expectations as it posted strong sales of its blockbuster cancer drug Keytruda and vaccine products.The pharmaceutical giant also raised and narrowed its full-year revenue and adjusted earnings forecasts. Merck now expects 2024 sales to come in between $63.1 billion…

POLITICS

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Amid calls for Justice Clarence Thomas to recuse himself from a high-stakes case over whether Donald Trump has presidential immunity from criminal prosecution, the conservative jurist has made clear that he doesn’t plan to step aside – or even respond publicly to the appeals from Democrats and others. The justice’s critics are all citing past efforts by his wife, Virginia “Ginni” Thomas, to reverse the 2020 presidential election in Trump’s favor and her attendance at the rally Trump held on January 6, 2021, shortly before the US Capitol attack. Thus far, Thomas has given no sign that he intends to…

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Investing

Clear is a service that lets people skip the security line at airports with nothing but a biometric scan and $189. Some California lawmakers want to make changes to it in the state, saying it separates travelers into haves and have-nots. California lawmakers voted 8-4 to move a bill out…