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Showing posts from July, 2025

Rich American Express customers continue to spend freely, with one exception

 Rich American Express customers continue to spend freely, with one exception In recent years, American Express has become synonymous with luxury and exclusivity, catering to a wealthy clientele that enjoys the finer things in life. This demographic has been known for its willingness to spend freely, indulging in high-end experiences, gourmet dining, and lavish travel. However, there is an interesting trend emerging among these affluent customers: while they continue to splurge on many aspects of their lives, there is one notable exception to their spending habits. To understand this phenomenon, we need to delve into the mindset of these rich American Express customers. Many of them are successful professionals, entrepreneurs, and high-net-worth individuals who have worked hard to achieve their financial status. They often view their spending as a reflection of their success and a way to enjoy the fruits of their labor. Luxury brands, exclusive events, and premium services are all ...

Google is down for thousands — live updates on outage affecting Gmail, Google Drive and more

Google is down for thousands — live updates on outage affecting Gmail, Google Drive and more On July 18, 2025, Google experienced a significant service outage that affected thousands of users across various platforms, including Gmail, Google Drive, and other popular services. This incident is not the first of its kind, as Google has faced outages in the past, but the scale and impact of this particular event have drawn considerable attention. The outage began around 1:50 p.m. ET, with reports flooding in from users who were unable to access their emails, documents, and other essential services. According to Downdetector, a website that tracks service outages, there were over 14,000 reports of issues with Google Cloud within the first hour of the outage. This disruption not only affected individual users but also businesses that rely heavily on Google’s suite of tools for their daily operations. As the situation unfolded, users took to social media platforms to express their frustration...

Marvel's Fantastic Four: First Steps Is "Extraordinary" According To MCU Actor

Marvel's Fantastic Four: First Steps Is "Extraordinary" According To MCU Actor Marvel's "Fantastic Four" has been a beloved franchise for decades, capturing the hearts of comic book fans and moviegoers alike. The upcoming film, "Fantastic Four: First Steps," has generated a lot of buzz, especially with comments from actors involved in the Marvel Cinematic Universe (MCU) who describe the project as "extraordinary." This excitement stems from the potential of the Fantastic Four to bring fresh stories and characters into the MCU, which has been expanding rapidly over the years. ### The Legacy of the Fantastic Four The Fantastic Four, created by writer Stan Lee and artist Jack Kirby, first appeared in "The Fantastic Four" #1 in 1961. The team consists of four members: Mr. Fantastic (Reed Richards), who can stretch his body into incredible shapes; the Invisible Woman (Sue Storm), who can become invisible and create force fields; the ...

Metaplanet buys additional 797 BTC for nearly $94 million as bitcoin extends all-time high rally

 Metaplanet buys additional 797 BTC for nearly $94 million as bitcoin extends all-time high rally   On July 14, 2025, Metaplanet made headlines by purchasing an additional 797 Bitcoin (BTC) for approximately $94 million. This move comes as Bitcoin continues its impressive rally, reaching all-time highs. With this latest acquisition, Metaplanet's total Bitcoin holdings now stand at 16,352 BTC, solidifying its position as a significant player in the cryptocurrency market. ### The Bitcoin Surge Bitcoin has been on a remarkable upward trajectory, with its price soaring above $97,000 recently. This surge can be attributed to various factors, including increased institutional adoption, growing interest from retail investors, and a general shift towards digital assets as a hedge against inflation. As more people recognize Bitcoin's potential as a store of value, demand has surged, driving prices higher. ### Metaplanet's Strategic Move Metaplanet's decision to buy 797 BTC is a ...

Bonds Circle The Wagons Ahead of High Risk NFP

 Bonds Circle The Wagons Ahead of High Risk NFP Bonds are often seen as a safe haven for investors, especially during times of uncertainty in the financial markets. As we approach a high-risk Non-Farm Payroll (NFP) report, which is a key economic indicator in the United States, bond markets tend to react in specific ways. This article will explore how bonds "circle the wagons" in anticipation of such reports, the implications for investors, and the broader economic context. ### Understanding Non-Farm Payroll (NFP) The Non-Farm Payroll report is released monthly by the U.S. Bureau of Labor Statistics and provides insights into the employment situation in the country. It includes data on the number of jobs added or lost in the economy, excluding farm workers, government employees, and a few other job categories. The NFP is crucial because it can influence monetary policy decisions made by the Federal Reserve, impacting interest rates and overall economic growth. ### The Importa...