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Finance Professor Says Stock Market Is Cheap. Here's Why He's Wrong

Jeremy Siegel, a normally astute finance professor from the University of Pennsylvania, told CNBC that he thinks the stock market has another 5 percent to 6 percent upside to reach fair value. He’s out of his mind. “I think fair market value does give us another 5%, 6% this year, but we may go up […]

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Scientists unveil image of quantum entanglement for the first time ever

For the first time ever, physicists have captured an image of quantum entanglement. In a paper published in the journal of Scientific Advances, scientists from the University of Glasglow shared the first known image of a Bell entanglement. The photo… Source: engadget

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Crypto Gambling App That Lets You Bet on Anything Calls It Quits

Veil, a decentralized application that mostly interacts with Augur to help crypto users create and participate in prediction markets, is going away. Prediction Markets Just One Mass Appeal for Crypto The product itself that is. The company behind it will continue developing new products, and one thing that Veil leaves behind is the ability to […]

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Mnuchin Warns US Debt Ceiling Near, Wants Spending Spigot Open

U.S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif.), Mnuchin requested Congress increase the debt ceiling before August recess. The Treasury Secretary […]

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The FBI plans more social media surveillance

The FBI wants to gather more information from social media. Today, it issued a call for contracts for a new social media monitoring tool. According to a request-for-proposals (RFP), it's looking for an "early alerting tool" that would help it monitor… Source: engadget