Hans Ellegren, the secretary-general of the Royal Swedish Academy of Sciences, made the official announcement of the award in Stockholm. The academy unintentionally leaked the names of the winners in an early morning press release that was sent out in error. Each Nobel Prize carries a cash award of 11 million Swedish kronor ($1 million). The funds are derived from a bequest … [Read more...] about Nobel Prize in Chemistry Awarded for Work on Quantum Dots
Forex News
Rising Home Prices Outpace Wages
The surge in home prices continues to outpace wage growth, making housing increasingly unaffordable for many Americans. In August, the median prices of single-family homes and condos reached unprecedented levels in 99% of U.S. counties, according to real-estate data company Attom. In the third quarter of 2023, annual home-price appreciation surpassed wage increases in 47% of … [Read more...] about Rising Home Prices Outpace Wages
Costco Wholesale Reports Strong Fiscal Quarter
Costco Wholesale has achieved impressive results in the first fiscal quarter, with same-store sales rising by 4.5% in September compared to the previous year. This growth is an acceleration from August's 3.4% increase. Moreover, e-commerce sales have also experienced a notable rise of 3.7%. One significant factor contributing to Costco's success this month is the increase in … [Read more...] about Costco Wholesale Reports Strong Fiscal Quarter
Sam Bankman-Fried Trial: A Tale of Deception and Deception
The criminal fraud trial of former FTX CEO, Sam Bankman-Fried, commenced on Wednesday with contrasting narratives presented by the prosecution and defense. Prosecutors alleged that Bankman-Fried utilized billions of dollars from customer funds to enrich himself, creating a façade of power and influence built entirely on lies. In stark contrast, the defense portrayed … [Read more...] about Sam Bankman-Fried Trial: A Tale of Deception and Deception
Monex Group to Sell Control of Online Brokerage Business
Shares of Monex Group soared on Thursday morning in response to the company's announcement of plans to sell control of its Japanese online brokerage business to a subsidiary of Nippon Telegraph & Telephone (NTT). The move includes a partnership agreement between Monex Group and the acquiring company. Currently, Monex Group shares are up 18% at 659 yen, which represents the … [Read more...] about Monex Group to Sell Control of Online Brokerage Business
