Saturday, April 20, 2024

Business

Cash Returns Rival Bonds Now and Over Decade on Rate-Cut Delays

The bond market’s losses since 2021 have been so severe that they all but wiped out any extra gains over cash over the past decade.Read More

Fractures in Global Trade Deepen as WTO Musters Only a Small Win

The World Trade Organization’s ability to tear down barriers to commerce, ensure stability through global accords and enforce the rules came under renewed criticism following a chaotic and contentious meeting of its top officials.Read More

China’s Energy Target Failure Could Prompt Reset at National People’s Congress

China is under-performing on one of its main climate goals — cutting the amount of energy needed for economic growth.Read More

Sam Altman is worth $2 billion—not including his OpenAI stake

The 38-year-old is worth at least $2 billion, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first timeRead More

China stock traders’ new mantra is enjoy the rally while it Lasts

The current mood marks a rapid shift from last month, when the Hang Seng China Enterprises Index was the world’s worst performerRead More

Does Medicare pay for wheelchairs and scooters? That depends on whether you meet all of its requirements

You might think that if you’re 65 or older and need a wheelchair or electric scooter to get around, Medicare would automatically cover it. But as with so many areas of Medicare, things aren’t quite that simple. Whether Medicare...

Fidelity cuts value of X stake, implying 73% decline in former Twitter since Elon Musk’s takeover

Fidelity’s  Blue Chip Growth Fund cut the value of its position in X by 5.7% in February, implying a 73% decline in the former Twitter Inc. since Elon Musk bought the social-media company. Fidelity, which gained a stake in X by helping...

Warren Buffett Is Cashing In on Bitcoin, Crypto Via Nu Holdings

Warren Buffett, a stalwart critic of Bitcoin and crypto, is indirectly reaping the benefits of the asset class he has often dismissed. Despite his well-documented skepticism, Buffett’s investment conglomerate, Berkshire Hathaway, is witnessing substantial gains from a stake...

Smartphone maker Xiaomi switches from Apple to Tesla challenger as its first EV racks up 120,000 orders in 36 hours

Anyone who’s tried a Xiaomi smartphone knows it’s a worthy competitor to the iPhone. Now the question is, will Xiaomi present the same kind of challenge to Tesla as to Apple?  On Thursday, the Chinese juggernaut launched its first...

Hacker’s Bold Demand to Prisma Finance: Apologize and Upgrade

The hacker behind the $11.6 million breach on Prisma Finance has outlined conditions for returning the stolen funds. In an on-chain message, the self-proclaimed white hat hacker lamented the team’s slow response. Hacker Details Conditions to Return Prisma Finance Funds On...

Latest News

Weight Loss Drugs Should Be Taken With Diet and Exercise

People who take weight loss drugs should not neglect diet and exercise. Here's what to know...Read More
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