The Hidden Traps of Prop Trading: Why Most Funded Accounts Fail Due to Rulebooks, Not Trading Skill
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The Hidden Traps of Prop Trading: Why Most Funded Accounts Fail Due to Rulebooks, Not Trading Skill

A recent comprehensive review of proprietary trading firm rulebooks reveals a critical insight: the majority of funded trading accounts are terminated not due to poor trading performance, but because of specific, often overlooked, clauses within the firms’ terms and conditions. This analysis, conducted by Velotrade and examining six prominent prop firms—Topstep, FTMO, FundingPips, Blue Guardian, […]
Federal Reserve Holds Rates Steady Amid Geopolitical Tensions and Inflationary Pressures
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Federal Reserve Holds Rates Steady Amid Geopolitical Tensions and Inflationary Pressures

The Federal Reserve has decided to maintain its benchmark interest rate at its latest policy meeting, choosing stability as geopolitical conflicts and rising energy prices complicate the economic landscape. This decision leaves the central bank’s key rate unchanged, directly influencing consumer borrowing costs and savings yields across the nation. While political pressure has mounted for […]
Encore AI Secures $30 Million to Power Next-Gen AI Agents Learning from Customer Conversations
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Encore AI Secures $30 Million to Power Next-Gen AI Agents Learning from Customer Conversations

Encore AI, a pioneering startup focused on enhancing customer interactions through artificial intelligence, has successfully closed a $30 million Series A funding round led by Team8. The company specializes in developing and deploying AI voice agents capable of working alongside human customer support and sales teams, or operating entirely autonomously, by learning directly from a […]
State Coalition Challenges Federal Oversight of Sports Prediction Markets
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State Coalition Challenges Federal Oversight of Sports Prediction Markets

A powerful bipartisan coalition of attorneys general from 44 states has formally contested the federal government’s authority over sports-related event contracts. In a joint submission to the Commodity Futures Trading Commission, the state officials argued that the agency has overstepped its statutory boundaries by attempting to regulate prediction market platforms that offer sports betting products. […]
American Tycoons Score Big on British Football: Why Soccer is the New Gold Rush
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American Tycoons Score Big on British Football: Why Soccer is the New Gold Rush

The allure of English football clubs has captivated American billionaires, transforming them into highly sought-after investment assets. This trend, marked by a significant increase in U.S. ownership of Premier League teams, highlights a strategic shift in how the global elite view sports franchises. From the storied grounds of Liverpool to the burgeoning narratives of lower-league […]
UPS Outpaces Estimates and Raises Outlook as Strategic Pivot Away from Amazon Pays Off
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UPS Outpaces Estimates and Raises Outlook as Strategic Pivot Away from Amazon Pays Off

United Parcel Service (UPS) has delivered a strong second-quarter performance, surpassing Wall Street expectations and prompting management to raise its full-year outlook. The logistics giant reported quarterly revenue of $22.8 billion, beating the $21.81 billion projected by analysts. Although net income fell to $604 million from $1.28 billion in the same period last year, adjusted […]