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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Scale AI alum Bilal Abu-Ghazaleh has launched startup building artificial intelligence infrastructure 1001 to modernize large industries across the Middle East and North Africa. The company on Sunday announced a $9 million seed round led by venture capital firm CIV, General Catalyst, and Lux Capital. Other investors include Stanford AI Lab Professor Chris Ré, Replit founder and CEO Amjad Masad, DAMAC Managing Director and PRYPCO founder Amira Sajwani, RAED Venture Partner Khalid Bin Bader Al Saud, and Lean Technologies co-founder and CEO Hisham…

2025 sets a new record as dormant Bitcoin over seven years awakens. 2025 is shaping up as a record-breaking year for the movement of long-dormant Bitcoin. New data revealed BTC inactive for seven or more years, showing significant activity. So far this year, 270,000 BTC have been transformed, which is a new all-time high. This figure has already surpassed 2024’s 255,000 BTC and far exceeded 2023’s 59,000 BTC, with two months still remaining. 2025 Becomes Year of the Awakening CryptoQuant explained that Bitcoin’s surge in long-dormant coin movements may stem from several factors, such as old miners relocating long-held…

European Central Bank Governing Council member José Luis Escrivá said he is satisfied with present settings for borrowing costs.

Every Wednesday, I pedaled downtown Madrid to my Spanish immersion class, pulling out my travel coffee mug as I sat next to friends from Russia and Thailand to practice our mediocre “¿Cuánto cuesta?” together. On Sundays, we traipsed through the booths at El Rastro, a flea market filled with colorful scarves and discount underwear.After our wedding (and before we had four kids), my husband and I quit our jobs and moved to Spain for a year. He took a contract teaching position at a local middle school, allowing us to get a visa and a flat. I wrote remotely for…

Have you ever wondered how the price of gold or silver is determined? It doesn’t just appear on a screen out of thin air—it’s the result of a process overseen by one of the most influential organizations in the world of precious metals: the London Bullion Market Association (LBMA). If you’re buying, selling, or recycling gold and silver, understanding the LBMA and the London Fixing can help you make smarter, more profitable decisions. What is the LBMA? The London Bullion Market Association, or LBMA, was officially established in 1987 at the request of the Bank of England to bring oversight…

In This Article A new study from the Rochester Institute of Technology, published in Fortune, analyzed 14 million home sales over 20 years across 30 states, and reached a resounding, but obvious conclusion: There are no winners in a bidding war (except for the seller, of course). Homebuyers who secured a property by coming out on top in a “highest offer wins” battle consistently overpaid by an average of 8.2%, and consequently experienced weaker returns over time. For flippers and landlords working on thin profit margins and refinancing, the loss of equity can have long-lasting ramifications. The Cost of “Winning”…

If healthcare in America weren’t so egregiously expensive, more people would retire earlier and live better, happier lives. We’re one of the few countries in the world where affordable healthcare is tied to employment, making financial independence that much harder to achieve. Given the high cost of coverage, before you decide to retire early by choice, try to negotiate a severance package and use your final year of work to get in the best shape of your life. Think of it as investing in your future health dividends. The stronger and healthier you are, the less likely you’ll need to…

It is crucial to pay attention to quality, efficiency and long-term growth over hype, according to Guinness’ Dr Ian Mortimer. A truly innovative company is not necessarily the one making the most noise or sending shockwaves through markets. Dr Ian Mortimer, co-manager of Guinness Global Innovators, believes tomorrow’s winners can be found at the margins – not in the headlines – in quality companies that are quietly and sustainably compounding returns. The $1.5bn fund comprises a high conviction 30-stock portfolio which Mortimer said “is a cumulation of our best ideas”. Performance of the fund vs sector and benchmark over 3yrs…