admin
“investors pocket millions” — Hospitals owned by private equity are harming patients, reports find Hospital ratings dive and medical errors rise when private equity firms are in charge. Beth Mole – Jan 18, 2024 12:34 am UTC EnlargeGetty Images reader comments 159 Private equity firms are increasingly buying hospitals across the US, and when they
Loading… Loading… The total cryptocurrency market capitalization rose to $1.69 trillion on Monday, reaching the highest valuation since May 2022. The surge in valuation comes amid escalating expectations for the landmark approval of a spot Bitcoin BTC/USD Exchange-Traded Fund (ETF), setting the stage for what could be a landmark year in the digital currency space.
Judgment coming — Supreme Court may overturn precedent governing climate regulations 1984’s Chevron doctrine has been a pillar of federal regulatory law. Marianne Lavelle, Inside Climate News – Jan 18, 2024 2:39 pm UTC EnlargeGetty Images | Rudy Sulgan reader comments 19 The Supreme Court on Wednesday heard arguments for overturning the so-called Chevron doctrine,
letter of the law — Apple lets devs use alternate in-app payment options, still takes commissions Devs must ask permission to use 3rd-party payments, and Apple still wants a cut. Andrew Cunningham – Jan 17, 2024 11:39 pm UTC EnlargeGetty Images | NurPhoto reader comments 175 A chapter in the ongoing Epic v. Apple court
Loading… Loading… The Central Bank of Ireland (CBI) has officially registered Ripple Markets Ireland Limited, a subsidiary of Ripple XRP/USD , as a Virtual Asset Service Provider (VASP), enabling itto offer specific digital asset services in the country. The inclusion of Ripple Markets in the CBI's list of registered VASPs marks a strategic advancement for
Loading… Loading… Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65% gain in 2023. The
Loading… Loading… The total cryptocurrency market capitalization rose to $1.69 trillion on Monday, reaching the highest valuation since May 2022. The surge in valuation comes amid escalating expectations for the landmark approval of a spot Bitcoin BTC/USD Exchange-Traded Fund (ETF), setting the stage for what could be a landmark year in the digital currency space.
Following the trail — How a 27-year-old busted the myth of Bitcoins anonymity Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. Andy Greenberg, wired.com – Jan 18, 2024 11:00 am UTC EnlargeSam Rodriguez reader comments 11 JUST OVER A DECADE AGO, Bitcoin appeared to many of its adherents to be the crypto-anarchist
Loading… Loading… Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today. The price of Bitcoin BTC/USD remains stable around $46,250 at
Bobby Jain’s new hedge fund is falling short of its original $8bn-$10bn fundraising target, thwarting his ambition for the industry’s largest-ever debut. The Credit Suisse veteran and former co-chief investment officer of Millennium Management has told potential clients he is now aiming to launch Jain Global in July with $5bn-$6bn of assets, according to investors.
Lake Erie College, a small private school in Ohio, entered into a forbearance agreement with bondholders after the school didn’t meet certain covenants it agreed to as part of a debt sale. The Painesville, Ohio-based institution, which has just over 700 undergraduate students, is the latest small college to see its financial struggles extend into
Municipals faced rising yields in the secondary market Wednesday while large new-issues priced in the primary market. U.S. Treasuries were weaker again, and equities saw more losses. The Investment Company Institute Wednesday reported large inflows into municipal bond mutual funds for the week ending Jan. 10, with investors adding $2.066 billion to funds following $77
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European stocks and bonds fell after European Central Bank president Christine Lagarde signalled that interest rates would come down in summer rather than spring and UK inflation rose unexpectedly for the first time in 10
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative, but the index has now moved 10 points higher
Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger generations of Americans, who are squeezed by student debt and childcare costs in an era of slower economic growth. The pressures come as President Joe
Last night we witnessed something pretty weird and unique at the Iowa caucuses. For the first time in American political history a presidential candidate from the out-of-power party won the caucus without ever participating in the debates or even actively campaigning in the state. Pro-Trump people will hail it as a triumph, and the never-Trumpers
Loading… Loading… Digital asset bankSygnum recently conducted a survey to assess the impact of blockchain technology in comparison to crypto assets. According to the results, a substantial 81% of respondents believe that crypto assets are crucial for the future of global finance??. This survey underscores a significant shift in perceptions toward cryptocurrencies. Historically, the banking
Loading… Loading… 2023 has been an incredible year for digital assets, with Bitcoin seeing a surge of around 150 percent since the beginning of 2023. Blackrock, the world's largest asset manager, has applied for a BTC ETF along with a growing handful of institutions, including Fidelity, WisdomTree, and Bitwise. Global institutional adoption of digital assets