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Good day valued readers,

We hope this week's carefully curated selection of news finds you well. In this edition, we cover the latest developments across investing, finance, crypto, AI, and other topics to help you stay informed.

As always, our goal is to provide you with a professional, unbiased roundup of noteworthy news to augment your understanding of what's happening in the world. We take pride in hand-selecting articles from trustworthy sources across a diverse range of industries.

Please enjoy this week's newsletter. We're grateful for the opportunity to share these insights with you and look forward to continuing to be a valuable resource.

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Investing and Finance

Welcome to this week's economic and market roundup. As we navigate through a complex financial landscape, several key stories have caught our attention. From tech giants making strategic moves to boost online sales, to unexpected trends in the housing market, we're covering a diverse range of topics that impact both businesses and consumers. We're also keeping a close eye on the stock market's peculiar behavior, with the overall index rising despite many individual stocks declining.

Additionally, we'll explore how global economic factors are influencing various sectors, from appliance makers to clothing retailers. As always, we're monitoring the pulse of retail investors and middle-income earners, providing insights into how they're adapting to current economic conditions. Join us as we delve into these stories and more, offering you a comprehensive overview of the week's most significant financial developments.

1. Target Teams With Shopify To Boost Online Sales - Read more

2. Chasing the Biggest Stocks - Read more

3. IBM Could Grow Market Share as AI Investments Pay Off, Goldman Sachs Says - Read more

4. What You Need To Know Ahead of Chipotle's 50-for-1 Stock Split Tuesday - Read more

5. What To Expect From Nvidia's Annual Shareholder Meeting Wednesday - Read more

6. The US stock market is going up despite so many stocks going down - Read more

7. A Tax On Life - Read more

8. Bulgaria and Romania fail economic tests to join euro - Read more

9. Whirlpool Stock Jumps on Report Bosch Is Considering Buying the Appliance Maker - Read more

10. More People Are Investing Money as Recession Fears Ease, Survey Shows - Read more

11. European stocks close lower as euro extends declines; tech firms nudge higher - Read more

12. 55-Year-Old Americans Are Facing a Retirement Crisis - Read more

13. Amazon Becomes Fifth US Company To Reach $2 Trillion Market Cap - Read more

14. New Homes Cost Less Than Used Ones, and That's Not Normal - Read more

15. Trust in US Institutions Has ‘Never Been Lower’ – Here’s Why That Matters - Read more

16. H&M plunges 13% on doubts over full-year margin target, June sales outlook - Read more

17. US Retail Investors Hold Cash, Own Financial Stocks, New Survey Shows - Read more

18. Middle-Income Earners Turn To Spending Cuts, Second Jobs To Deal With Inflation - Read more

Crypto News

Welcome to this week's crypto and blockchain roundup. The digital asset space continues to evolve rapidly, with institutional interest growing alongside technological advancements. Japanese investors are showing increased appetite for crypto investments, while legacy cases like Mt. Gox are finally nearing resolution. We're seeing intriguing developments in the intersection of traditional finance and blockchain technology, with private blockchains quietly handling significant volumes of securities transactions.

Meanwhile, the crypto market is experiencing a mix of positive adoption news and ongoing security challenges, from major banks embracing Bitcoin Lightning to high-profile hacks targeting celebrities. Regulatory developments in the US could potentially open new doors for crypto investment products, and we're observing interesting trends in the mining sector as companies pivot towards AI applications. Join us as we explore these stories and more, providing you with a comprehensive overview of the week's most significant developments in the world of cryptocurrencies and blockchain technology.

1. Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura Survey - Read more

2. Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July - Read more

3. Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month - Read more

4. Japanese firm Metaplanet Inc. to buy bitcoin worth $6.3 million through bond issuance - Read more

5. Metallica Joins Growing List of Hacked Celebs Promoting Scam Crypto Tokens - Read more

6. Germany Selling More Bitcoin After Dumping $170 Million: Arkham - Read more

7. Bybit Card becomes available on Apple Pay - Read more

8. Nubank brings Bitcoin Lightning to its 100M Latin American customers - Read more

9. US regulators could approve spot ether ETFs for launch by July 4, sources say - Read more

10. State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin - Read more

11. Crypto catches M&A frenzy as bitcoin miners chase AI boom - Read more

12. Nigeria SEC Gives Crypto Firms 30 Days to Register—Or Face Enforcement Action - Read more

13. Ethereum ETF Issuers Are Already Racing to Drop Fees - Read more

14. Crypto firm Abra settles with state regulators over not licensing its mobile app - Read more

Artificial Intelligence

Welcome to this week's AI and technology roundup. The artificial intelligence landscape is evolving at a breakneck pace, with groundbreaking developments across various sectors. From AI's role in scientific discoveries to its integration into everyday work tools, we're witnessing a transformation in how we interact with technology. Major tech companies are racing to enhance their AI capabilities, while researchers are pushing the boundaries of what's possible in fields like healthcare and emotion recognition.

We're also seeing interesting debates emerge about the balance between AI advancement and regulation, particularly in Europe. Meanwhile, the tech industry continues to innovate in other areas, with developments in autonomous vehicles and cryptocurrency regulation making headlines. Join us as we explore these stories and more, offering you a comprehensive overview of the week's most significant advancements and discussions in the world of AI and technology.

1. AI Develops "Ground-Breaking" New Magnet Free Of Rare Earth Metals - Read more

2. Multi is joining OpenAI - Read more

3. New AI tools for Google Workspace for Education - Read more

4. Major record labels sue AI company behind ‘BBL Drizzy’ - Read more

5. Research: Using AI at Work Makes Us Lonelier and Less Healthy - Read more

6. Forget STEM. Head of Paris’s top tech university says the secret to France’s AI boom is a focus on the humanities - Read more

7. ESM3: Simulating 500 million years of evolution with a language model - Read more

8. Chinese AI firms woo OpenAI users as US company plans API restrictions - Read more

9. OpenAI acquires team behind Multi, formerly Remotion, startup focused on screensharing and collaboration - Read more

10. Smashing, from Goodreads’ co-founder, curates the best of the web using AI and human recommendations - Read more

11. YouTube seeks record label deals for new AI music tools - Read more

12. Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says - Read more

13. Can AI help with breast cancer diagnoses? Northeastern researchers develop new system that is nearly 100% accurate - Read more

14. Israel to build supercomputer to keep pace in global AI race - Read more

15. Report: Amazon secretly developing ChatGPT killer - Read more

16. Waymo ditches the waitlist and opens up its robotaxis to everyone in San Francisco - Read more

17. AWS announces $50 million Generative AI Impact Initiative for public sector organizations - Read more

18. Researchers developed a model that allows a computer to understand human emotions - Read more

Top Article Picks this week

Welcome to this week's lifestyle and science roundup. We're exploring a diverse range of topics that touch on personal finance, health, social dynamics, and cosmic mysteries. From inspiring stories of self-made millionaires to intriguing insights into human behavior and relationships, we're covering issues that resonate with everyday life and personal growth.

We're also delving into some fascinating scientific discoveries, from the peculiarities of celestial bodies to groundbreaking research on brain function. Additionally, we're looking at some quirky cultural phenomena and outdoor adventures that might pique your curiosity. Join us as we navigate through these captivating stories, offering you a blend of practical advice, scientific wonder, and thought-provoking ideas that reflect the diverse interests of our readers.

1. Meet the millionaires next door. These Americans made millions out of nothing. (Reading time: 10 min) - Read here

2. The Gap in Life Expectancy Between Genders Is Getting Bigger. So, What’s Killing Men? (Reading time: 14 min) - Read here

3. It shouldn’t be so hard to live near your friends (Reading time: 16 min) - Read here

4. What’s the Least Amount of Exercise I Can Get Away With? (Reading time: 10 min) - Read here

5. How to Stay Calm During a Confrontation, According to an Expert (Reading time: 3 min) - Read here

6. What is the ‘shadow self’ and why is everyone talking about their hidden desires? (Reading time: 6 min) - Read here

7. Why Do People Toss Shoes Over Power Lines? (Reading time: 2 min) - Read here

8. Five Places Where You Can Still Find Gold in the United States (Reading time: 5 min) - Read here

9. Selfish (Reading time: 5 min) - Read here

10. Something Strange Appears to Be Powering "Immortal" Stars at the Center of Our Galaxy (Reading time: 2 min) - Read here

11. Would You Clone Your Dog? (Reading time: 25 min) - Read here

12. The brain makes a lot of waste. Now scientists think they know where it goes (Reading time: 4 min) - Read here

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Book of the week

Jeffrey Pfeffer's "Power" offers a pragmatic and insightful exploration of power dynamics in professional settings. Drawing from extensive research and real-world examples, Pfeffer challenges conventional wisdom about success and leadership. He argues that competence alone is insufficient for advancement and that understanding and leveraging power is crucial. The book provides practical strategies for acquiring and maintaining power, emphasizing the importance of self-promotion, networking, and political savvy.

Pfeffer's approach is refreshingly candid, acknowledging that ethical considerations sometimes take a back seat to power plays in the corporate world. He presents a compelling case for why individuals should actively seek power, not just for personal gain, but also to effect positive change. The author's academic background shines through in his thorough analysis, yet the writing remains accessible and engaging. While some readers might find the book's message cynical, it offers a realistic view of organizational dynamics that can be invaluable for career advancement.

Pfeffer backs his arguments with numerous case studies and research findings, providing a solid foundation for his advice. The book's strength lies in its practical applicability, offering actionable insights that readers can implement in their professional lives. Overall, "Power" is a thought-provoking and potentially career-altering read for anyone looking to navigate the complexities of organizational politics and achieve greater influence in their field.

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