Author: Anthony M. Orbison
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Worries over the stagnating UK economy and accelerating inflation are unnerving investors, pushing borrowing costs to their biggest premium over German debt yields since 1990.The spread between the two countries’ bonds has risen above 2.3 percentage points, the highest since German reunification and eclipsing the peak reached after Liz Truss’s ill-fated “mini” Budget two years ago.“Stagflation concerns are back for the UK bond market,” said Robert Dishner, senior portfolio manager at Neuberger Berman. He added that investors were also “a little on…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Even if you don’t need one all the time, a room divider, sometimes called a privacy screen, can be quite handy in a pinch. Whether you want to create a demarcation line for siblings in a shared bedroom or need an unobtrusive backdrop for home office video calls, a room divider can do the job. We found a sturdy and beautiful option on sale at Walmart that would be a lovely addition to almost any room or…
Este artículo también está disponible en español. In an exclusive interview with Yahoo Finance, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, shared his bullish outlook on Bitcoin, projecting significant price appreciation by the end of 2025. “We expect Bitcoin to be up above $200,000 by this time next year,” Hougan stated, attributing this forecast to three primary sources of demand: exchange-traded funds (ETFs), corporate investments, and governmental acquisitions. Hougan elaborated, “There are ETFs that are vacuuming up Bitcoin, public companies like MicroStrategy are accumulating Bitcoin, and now we’re seeing discussions about governments investing in Bitcoin. It ultimately boils…
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Investing.com — Latin American payments provider DLocal is considering a potential sale among other options, according to Reuters. With a market value of approximately $3.4 billion, the company is working with Morgan Stanley (NYSE:) to assess potential interest from prospective buyers, according to sources who wished to remain anonymous due to the confidential nature of the discussions. The Uruguay-based firm, which lists buyout firm General Atlantic as its largest shareholder, is said to be attracting the attention of private equity firms and large financial technology providers. However, these sources also emphasized that a sale is not a certainty. This isn’t…
Chaincode Labs, a privately funded Bitcoin research and development centre based in New York City, has awarded its inaugural Bitcoin Scholarship to 17-year-old Ishaana Misra, the youngest contributor to Bitcoin Core in the technology’s 15-year history.Misra was selected from 232 applicants globally for the scholarship, covering one year’s academic expenses. She can renew it annually to potentially fund her entire undergraduate education.”This scholarship exists to encourage young people to consider a career in Bitcoin open source development,” said Adam Jonas, CEO of Chaincode Labs. “In order to do that, they need experience. This seemed like the right kind of incentive…
Summary As we enter one of the most-positive times of the year for the stock market, from December 19, 2024, until January 2, 2025, we note that the market has not been kind to average stock as well as many sectors since the latter part of November. Some blame it on tax-loss selling, which is probable. But there are sectors and indices falling from all-time highs, or at least 2024 highs, so there can?t be any tax selling there. NYSE breadth on Tuesday was -1,611 as the streak of weak breadth continues. The 12-day NYSE advances/total issues is down to…
Carnival Cruise Line offers a number of fun perks for its most loyal passengers who sail on its ships often. The cruise line’s loyalty program puts the fun in VIP, calling each member of its club, a VIFP, or Very Important Fun Person. Passengers who join the VIFP Club get one VIFP point for each day they cruise, receiving members-only offers to start and eventually earning rewards they can redeem during their cruises. Reaching the highest levels of the VIFP Club, Platinum and Diamond levels, are exciting achievements for Carnival cruisers that entitle them to benefits like priority boarding, invites…
When I saw Nic Carter’s recent Bloomberg interview, I couldn’t help but shake my head. Nic, who’s been a long-time Bitcoiner and someone I respect, said that the US shouldn’t—and won’t—buy Bitcoin for its strategic reserves because it would supposedly signal weakness in the dollar on the global stage. I get his argument, but I completely disagree. In fact, I think it’s the exact opposite.In my view, adding Bitcoin to the US reserves would be a massive show of strength. It would send a message to the world that the US sees Bitcoin for what it is: a financial safeguard,…
Stay informed with free updatesSimply sign up to the UK house prices myFT Digest — delivered directly to your inbox.London rents rose at the fastest pace on record in November, according to official data that highlights the intensifying pain for tenants after two years of rising costs.Rents in London increased by 11.6 per cent in the 12 months to November 2024, the fastest annual pace since records began in 2006, the Office for National Statistics said on Wednesday.The average monthly rent in London exceeded £2,200 for the first time, pushing the average for the UK above £1,300. Driven by London, UK rental…