Author: Anthony M. Orbison

By Jody Godoy (Reuters) – Alphabet (NASDAQ:)’s Google proposed on Friday a loosening of its agreements with Apple (NASDAQ:) and others to set Google as the default search engine on new devices to address a U.S. ruling that it unlawfully dominates online search. The proposal is much narrower than the government’s bid to make Google sell its Chrome browser in the antitrust case over online search. Google urged U.S. District Judge Amit Mehta in Washington to move cautiously in deciding what the company must do to restore competition after his ruling that the company holds an illegal monopoly in online…

Bitcoin’s price is down over 10% from its all-time high and its critics are taking victory laps this week as bitcoin has plummeted all the way back to… $97,000. It is still practically almost $100,000 for a single bitcoin. It is crazy to me to think that the “dip” is back to just under that important milestone, and really shows how far this asset has come over the last 15, going on 16 years.Year-to-date, bitcoin is up over 128%. And by historical trends, it is entering into its third year of rising in price before having a large correction. So…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer’s adviser on ethical standards has called on the government to “protect electoral integrity” by limiting donations from companies to profits made in the UK, following fears Elon Musk could disrupt British politics with a large donation to Reform UK.Doug Chalmers, chair of the government’s Committee on Standards in Public Life, told the Financial Times the law should also be changed so political donations made by businesses do not exceed their net profits after tax in the two years prior…

If you have ever paid any attention to the commercials on television, or the ones that play before videos on YouTube, you would know that it is “love that makes a Subaru, a Subaru.”Though it may sound silly that it is simply ‘love’ that drives the buying public to its showrooms, it is resoundingly true that many people love their Subarus  (FUJHY)  for what it does for them. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸According to new data from Consumer Reports released earlier this month, the constellation brand is at the top spot in the…

Follow Frank on X. On a recent episode of the Coinage podcast, guest SEC Commissioner Hester Peirce said that she is open to reconsidering in-kind redemptions for spot bitcoin ETFs.(For those who aren’t familiar with the term “in-kind redemption,” it refers to the ability to withdraw the bitcoin you’ve purchased via an ETF into your own custody. In essence, it turns a bitcoin IOU into the real thing.)BREAKING: SEC Commissioner Hester Peirce previews new pro-crypto changes coming to the SECETF in-kind redemptions and ability for ETF issuers to begin staking likely done "early on"Both ETFs now have more than $100B…

(Bloomberg) — US Treasuries were off their sessions highs late on Friday after a closely watched batch of inflation data came in below expectations, leading traders to lift the outlook for Federal Reserve interest-rate reductions next year. Most Read from Bloomberg The policy-sensitive two-year Treasury yield was a touch lower at 4.31% late afternoon Friday, and after an early slide to 4.25%. The benchmark 10-year rate was down 4 basis points to 4.51% in late trade. The moves unwound a sharp steepening trend this week that had pushed a portion of the yield curve to its steepest since 2022. Treasuries…

By Tom Hals WILMINGTON, Delaware (Reuters) -Qualcomm’s central processors are properly licensed under an agreement with Arm Holdings (NASDAQ:), a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker’s expansion into the laptop market. A week of courtroom arguments and deliberations ended in a mistrial after the jury failed to resolve one of three questions put before it in the trial between the two chip giants. Qualcomm (NASDAQ:) said the result affirmed its right to innovate, but Arm vowed to seek a new trial. Arm’s shares were down 1.8%…

In what is an important development for the cryptocurrency sector, France’s second-largest bank, Groupe BPCE, is officially set to launch Bitcoin and cryptocurrency investment services. Indeed, the services will launch for the bank’s 35 million users, according to an official notice from the country’s financial regulator, Autorité des Marchés Financiers (AMF).The bank’s cryptocurrency business, Hexarq, is now officially approved to begin providing a host of digital asset-related services. Specifically, those authorizations include crypto custody, buying, selling, and trading the tokens against the Euro.JUST IN: 🇫🇷 France’s second-largest bank, Groupe BPCE to launch Bitcoin and cryptocurrency investment services for its 35…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US House passed a stop-gap funding measure with just hours to spare on Friday, paving the way for Congress to avert a government shutdown after days of fighting on Capitol Hill. The bill that passed the House did not include any change to the debt ceiling, defying Donald Trump’s call for the mechanism to be scrapped or increased.But the measure gained bipartisan support in the chamber, with Democrats joining Republicans to pass the bill 366-34 just after 6pm in…

Nothing is worse than wanting to purchase a good or service for an advertised amount that fits your initial budget, but upon completing the transaction, the final checkout price is far higher than the one initially advertised, completely throwing off your finances.  💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸Unfortunately, this occurrence is not rare. For decades, businesses have gotten away with charging extra fees that they deceitfully forget to openly disclose to consumers, surprising them with the undisclosed charges right before the purchase is actually made.  Related: Popular delivery service settles FTC complaint over…