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George Floyd’s family suing Kanye West for $250m

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George Floyd family

George Floyd’s family is suing Kanye West for $250, following false claims during a podcast

George Floyd’s family is suing Kanye West in a $250 million lawsuit against the American rapper who goes by the name ‘Ye’.

The lawsuit has been filed on behalf of Floyd’s minor daughter Gianna, following false claims West made about Floyd’s cause of death.

Roxie Washington, Gianna’s mother, is leading the lawsuit and is reportedly “very distressed and hurt by the allegations.” 

“Mr. Floyd’s cause of death is well-settled through evidence presented in courts of law during the criminal and civil trials that were the result of his untimely and horrific death. Nevertheless, you have maliciously made statements that are inaccurate and unfounded, causing damage to Mr. Floyd’s estate and his family.”

letter on behalf of floyd’s family
Gianna Floyd and Roxie Washington
Credit: The New York Post

The family is suing the rapper, his business partners and associates for “harassment, misappropriation, defamation and infliction of emotional distress.”

West made the controversial claims during a podcast episode on Drink Champs’ where he spoke about Floyd’s cause of death.

He was referring to a documentary titled “The Greatest Lie Ever Sold: George Floyd and the Rise of BLM” by conservative commentator Candace Owens. 

West claimed Floyd did not die by force to the neck, but instead from the drug Fentanyl.

“When you look, the guy’s knee wasn’t even on his neck like that.”

Kanye west, ye, american rapper via ‘drink champs’ podcast

However, it has been confirmed by legal proceeding that Former Police officer Derek Chauvin did kneel on Floyd’s neck. This ultimately lead to his death by lack of oxygen to the brain.

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

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Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.


US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights


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Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

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Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.


Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker


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