Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight – Yahoo Finance
(Bloomberg) — At the heart of the bull market that is pushing Bitcoin toward all-time highs is a simple economic principle: supply and demand. Most Read Articles on Bloomberg Demand for the token from U.S. exchange-traded funds (ETFs) is outpacing the amount of Bitcoin that long-term holders are willing to sell. This has ignited the […]
Nvidia Stock Gains as $2 Trillion Market Value Remains in Sight – Barron's
Nvidia stock was rising early Monday morning, with its valuation hovering near the $2 trillion mark. Chipmakers are pushing to expand artificial intelligence technology in more industries, including telecommunications. Nvidia shares rose 1.2% to $797.50 in pre-market trading. On Friday, shares rose 0.4% to close at $788.17, but fell from… Nvidia stock was rising early […]
Patty Tavatanakit grabs Honda LPGA Thailand lead; back-to-back wins in sight
At the Honda LPGA Thailand, two things happened for three days in a row. It’s the sweltering heat and Patty Tavatanakit’s scoring of him in the mid-60s. Tavatanakit signed a 6-under 66 on the front nine on Saturday, including four birdies and one eagle. This improved her total to 16 under par for the tournament, […]
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance claims payments are becoming too high relative to insurance companies’ profits, causing social inflation. (iStock) Consumers are unlikely to see their premiums fall this year, but According to a report from Morgan Stanley. The past few years have been difficult for the insurance industry. Social inflation rose higher than traditional economic inflation. social inflation […]
Why McDonald’s is charging $18 for a Big Mac meal; there’s no relief in sight
“Eating at home has become more affordable,” Kempczinski said. “The battleground is certainly low-income consumers.” Over the summer, a franchisee near Darien, Conn., was cited for charging $17.59 for a Big Mac combo meal. google map California’s $20-an-hour minimum wage for fast food workers goes into effect in April. McDonald’s and Chipotle both announced they […]
‘We need to rein them in’: Lawmakers rail against social media CEOs, but is there any regulation in sight?
Washington DC – Lawmakers on both sides of the aisle say big tech CEOs aren’t doing enough to protect children when they use social media, and that platforms need to be reined in to protect children from indoctrination and exploitation. Agreed that there is. Sen. Richard Blumenthal told Fox News, “Tech CEOs have completely and […]
Stormont power-sharing in sight as Northern Ireland DUP accepts post-Brexit deal | Northern Irish politics
The Democratic Unionist Party has backed a deal with the British government to restore power-sharing in Northern Ireland, ending two years of political deadlock. Sir Geoffrey Donaldson said his party intends to reinstate Stormont’s dormant government and council once the government delivers its promised legislation. “I am happy to report that the party executive has […]