Author: MNK News
WASHINGTON (AP) — The IRS will furlough nearly half of its workforce as part of the ongoing government shutdown, according to the an updated contingency plan posted Wednesday to the agency website. Most IRS operations are closed, the agency said in a separate letter to IRS workers.The news comes after President Donald Trump and Congress failed to strike an agreement to fund federal operations and the government shutdown has entered its second week, with no discernible endgame in sight.The agency’s initial Lapse in Appropriations Contingency Plan provided for the first five business days of operations, when states that the department…
Cristiano Ronaldo has become the first footballer to reach billionaire status, according to the latest Bloomberg Billionaires Index, which has valued the Portugal great’s net worth at an estimated $1.4 billion. The 40-year-old striker’s financial ascent comes after he signed a new contract with Saudi side Al-Nassr in June reportedly worth more than $400 million. Bloomberg said that Ronaldo earned more than $550m in salary between 2002 and 2023, supplemented by a decade-long Nike deal worth nearly $18m annually, and lucrative endorsements with Armani, Castrol and others that added more than $175m to his fortune. Ronaldo’s move to Al-Nassr from…
Amazon devices are, as usual, on sale for fall Prime Day. Case in point: the second-gen Kindle Scribe. The E Ink tablet with 16GB of storage is $100 off, down from $400 to $300, which is a record-low price. If you want more storage, the 32GB and 64GB versions are also 25 and 24 percent off, respectively.The Kindle Scribe is our pick for best e-reader E Ink tablet. It scored an 86 in our review, thanks to the smooth reading and writing experience it provides. We were also fans of its sleek and slender design. It has a 10.2-inch screen…
Wikipedia co-founder Larry Sanger early last week published his “nine theses” to fix the online encyclopedia on his blog and Wikipedia itself. His collection of essays on Wikipedia criticizing the site was subsequently subjected to multiple deletion attempts with editors censoring content over criticism of specific editors. Some editors appreciated Sanger’s criticism, but many viciously attacked him, accusing him of fascism, and suggesting he could be banned from the site. The “nine theses” were introduced by Sanger during an interview on Tucker Carlson’s podcast where he criticized the site he co-founded as a “mixture of oligarchy and anarchy” and noted…
Zoofishan Ayyaz already knows who’ll be on the women’s national cricket team in the coming years. She, for one, hopes to make it. The dream could very well be a reality given that she captained the Strikers to a four-wicket win against the Conquerors in the National Women’s Under-19 T20 Tournament final, and a performance that saw her take the player-of-the-match award. But she knows, with the firmest of convictions, that the cohort of teenage girls she plays with and against will be the future of women’s cricket in Pakistan “I’m telling you, in the coming times, cricket is about…
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. — ReutersPakistan is a country of intelligent people who are seriously thinking about creating a niche for cryptocurrency mining through blockchain technology.That is precisely why the government took the initiative to form the Pakistan Crypto Council and the Pakistan Virtual Asset Regulatory Authority. The Pakistan Crypto Council is responsible for developing policies, infrastructure and regulations for blockchain technology and digital assets. The Virtual Asset Authority will oversee compliance protocols and issue licenses to virtual asset service providers, such as cryptocurrency exchanges, for the…
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. — ReutersPakistan is a country of intelligent people who are seriously thinking about creating a niche for cryptocurrency mining through blockchain technology.That is precisely why the government took the initiative to form the Pakistan Crypto Council and the Pakistan Virtual Asset Regulatory Authority. The Pakistan Crypto Council is responsible for developing policies, infrastructure and regulations for blockchain technology and digital assets. The Virtual Asset Authority will oversee compliance protocols and issue licenses to virtual asset service providers, such as cryptocurrency exchanges, for the…
Bitcoin’s next leg higher sits inside a broader “everything, everywhere, all at once” bull market that echoes the 1950s more than the 1990s—and the underlying engine is fiat debasement that will continue to funnel monetary premiums into neutral reserve assets such as Bitcoin and gold. That is the core of veteran macro analyst and investor Mel Mattison’s thesis in a wide-ranging interview on Milk Road Macro published Monday, October 7. Mattison, a former fintech executive with 25+ years in finance, argues that investors are misreading the cycle by citing relationships from the 1970s and 1980s instead of the earlier regimes…
Crypto expert BarriC has shared a bold view about the future of the XRP price. He believes that it could rise to $1,000 or even higher if it reaches full global use by banks and financial institutions. BarriC says the world has never seen what happens when a digital asset is used on a massive scale by traditional finance. According to him, this level of use could set XRP apart from all other cryptocurrencies. XRP Price Poised For Historic Gains Amid Global Bank Adoption BarriC predicts that the XRP price has the potential to reach record-breaking levels once banks and…
With October Prime Day comes deals on all sorts of things, including tech and toys. Amazon has used the event to kickstart the holiday shopping season for the past few years, making it a good time to pick up early gifts for less and stock up on things for yourself without spending full price. Maybe you haven’t even thought about the holidays yet, but it’s worth giving the latest Prime Day Lego deals a look. A number of Lego sets from the Super Mario and Star Wars collections are already on sale for up to 38 percent off.When shopping for…