FAA proposes extending Newark flight restrictions through 2026

FAA proposes extending Newark flight restrictions through 2026

Published Sun, Aug 10, 2025 · 11:00 AM [WASHINGTON, DC] The US Federal Aviation Administration (FAA) proposed extending flight reductions at Newark Liberty International Airport through October 2026, while also slightly raising the current limit.  The regulator sought public comment on its plan in a notice filed Friday (Aug 8). It said continued reductions are…

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Stablecoin growth is hampered by nagging foreign exchange costs

Stablecoin growth is hampered by nagging foreign exchange costs

[MUMBAI] Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging payments tool.  Stablecoin transaction volumes have already hit US$5 trillion across one billion payments so far in 2025, not far shy of the 2024 total of US$5.7 trillion, according to data from…

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Hedge funds slash bullish oil bets as concerns of a glut grow

Hedge funds slash bullish oil bets as concerns of a glut grow

Published Sun, Aug 10, 2025 · 09:30 AM [NEW YORK] Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the Petroleum Exporting Countries+ (Opec+’s) production increases drive bearish sentiment.  Money managers decreased their net-long position on West Texas Intermediate by 9,014 lots…

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US regulators to play key role in next crypto, bank fight

US regulators to play key role in next crypto, bank fight

[WASHINGTON, DC] A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be decided by regulators appointed by US President Donald Trump, who has been a vocal supporter of digital currencies.  The Genius Act, which requires stablecoin issuers to formally register and hold dollar-for-dollar reserves, sets in…

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Meta’s US$29 billion deal marks pivotal moment for private credit

Meta’s US billion deal marks pivotal moment for private credit

[LOS ANGELES] The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented credit, talk endlessly about the opportunities in investment-grade debt and in financing the breakneck growth of artificial intelligence (AI). They’ve done smaller deals, but this week they caught the biggest…

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Tracee Ellis Ross Keeps Her Architectural Heel Run Going in Givenchy’s Sculpted Pumps at Martha’s Vineyard

Tracee Ellis Ross Keeps Her Architectural Heel Run Going in Givenchy’s Sculpted Pumps at Martha’s Vineyard

Tracee Ellis Ross continued her run of sculptural footwear on Friday at the Martha’s Vineyard African American Film Festival, attending the screening of her new project “Solo Traveling with Tracee Ellis Ross” at the Martha’s Vineyard Performing Arts Center in Massachusetts. The actor and producer grounded her look in Givenchy’s Sculpted pumps, crafted from glossy…

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Thousands march against plan to build massive bridge linking Sicily to Italy’s mainland

Thousands march against plan to build massive bridge linking Sicily to Italy’s mainland

ROME (AP) — Thousands of people marched in the Sicilian city of Messina on Saturday to protest a government plan to build a bridge that would connect the Italian mainland with Sicily in a massive 13.5-billion-euro ($15.5 billion) infrastructure project. Protesters staunchly oppose the Strait of Messina Bridge project over its scale, earthquake threats, environmental…

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Iran Arrests 20 Alleged Mossad Spies Amid Threat of Execution as It Hides It Remaining Nuclear Scientists from Threat of Being Assassinated

Iran Arrests 20 Alleged Mossad Spies Amid Threat of Execution as It Hides It Remaining Nuclear Scientists from Threat of Being Assassinated

Iran has arrested 20 people it claims were spying for Mossad, Israel’s intelligence agency, and has vowed to show no mercy. “The judiciary will show no leniency toward spies and agents of the Zionist regime,” judiciary spokesperson Asghar Jahangiri said on Saturday in Tehran, according to Iranian state media. “With firm rulings, we will make…

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