Author: Anthony M. Orbison
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Labour MP Rosie Duffield is quitting the party over Sir Keir Starmer’s acceptance of free gifts and his “cruel” policies such as cutting the winter fuel allowance.The MP for Canterbury, who was elected in 2017, has long been at odds with Starmer’s leadership, particularly on issues of sex and gender — but her voluntary departure less than three months after the general election is thought to be the swiftest in British political history.On Saturday evening the 53-year old published a letter accusing…
You need some space? Then Rocket Lab USA (RKLB) can help you out. Space is their speciality.Related: Veteran investor sets his sights on Palantir, SoFi and Rocket LabThe Long Beach, Calif.-based space-systems company is making its mark way up there in the cosmos, and its stock price has been zooming right along with it.Let’s take a look at what’s been happening lately.On Sept. 26, Rocket Lab said it had completed testing and integration of its second Pioneer spacecraft for Varda Space Industries, which is billed as the world’s first in-space pharmaceutical processing and hypersonic Earth re-entry logistics company.The privately-held Varda designs,…
A widely followed crypto analyst believes Bitcoin (BTC) may hit six figures before the year’s end as the top digital asset by market cap reclaims the $65,000 level. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that Bitcoin may increase more than 53% from its current value. He believes that the Fed rate cuts and increasing global liquidity are bullish catalysts for Bitcoin and other digital assets. “Gold continues to push higher, while silver has reached the highest price level in a decade. Global liquidity is significantly increasing and altcoins have barely…
Shopping season for Medicare coverage is about to begin. With it comes the annual onslaught of TV ads and choices to consider. People eligible for the federal government’s Medicare program will have from Oct. 15 to Dec. 7 to sign up for 2025 Medicare Advantage plans, which are privately run versions of the program. They also can add a prescription drug plan to traditional Medicare coverage. Many people on Medicare Advantage plans will probably have to find new coverage as major insurers cut costs and pull back from markets. Industry experts also predict some price increases for Medicare prescription drug plans. Shoppers…
By Supantha Mukherjee and Anna Tong STOCKHOLM/SAN FRANCISCO (Reuters) – In the early years, getting AI models like ChatGPT or its rival Cohere to spit out human-like responses required vast teams of low-cost workers helping models distinguish basic facts such as if an image was of a car or a carrot. But more sophisticated updates to AI models in the fiercely competitive arena are now demanding a rapidly expanding network of human trainers who have specialized knowledge — from historians to scientists, some with doctorate degrees. “A year ago, we could get away with hiring undergraduates, to just generally teach…
Charles Hoskinson, Cardano founder and former Ethereum chief executive, criticized an article published by Cointelegraph after an interview where he dubbed Ethereum a ‘dictatorship’ when compared to Cardano’s new governance model. In an interview with Cointelegraph on the the sidelines of TOKEN2049 conference in Singapore, Hoskinson explained how Ethereum’s (ETH) current governance model is too dependent on its co-founder Vitalik Buterin when it comes to decision-making, though he does not view Buterin as having absolute power. Shortly after the article was published, Hoskinson took to his X account to claim that he would not be giving the legacy crypto media…
The S&P 500 index has averaged 10% annualized returns during the past half-century, but it’s not that difficult to outperform that target if you invest in a group of well-chosen growth stocks.To give you some ideas, a team of Motley Fool contributors see promising prospects in e.l.f. Beauty (NYSE: ELF), Dutch Bros (NYSE: BROS), and Celsius Holdings (NASDAQ: CELH). Here’s why these stocks should deliver superior returns.This is one of the fastest-growing consumer brandsJohn Ballard (e.l.f. Beauty): Shares of e.l.f. Beauty have rocketed 275% during the past three years. The company’s focus on delivering value in color cosmetics has enabled…
Over the last year, China has taken the uncharacteristic step of slackening its rules for foreign visitors.In a pilot program meant to bring in tourist dollars post-pandemic, the country has launched a visa-free travel policy allowing citizens of 11 European countries, including France, Germany and Hungary, to spend up to 15 days in China without applying for a visa at the start of 2024. The program proved popular, and Australia, New Zealand, Norway and Poland were eventually added to the list of approved passports one can hold in order to take advantage.Related: China is going visa-free for visitors from two more countriesThe…
With Solana long being called the ‘Ethereum Killer’, $100 billion asset manager VanEck has said the network has the potential to reach 50% of Ethereum’s market cap. Indeed, a recent report from its research firm notes that SOL could eventually target a $330 price, as it closes the gap on ETH.The crypto market has always had high hopes for Solana. Its fast transaction speeds and low costs have made it a consistent alternative to Ethereum. Although it has yet to truly break through and compete with the second-largest cryptocurrency, VanEck notes that may be beginning to change.JUST IN: $100 billion…
When Benjamin Netanyahu strode to the podium to address the UN General Assembly on Friday, observers expected that he would respond to a US-led proposal for a three-week ceasefire to end the spiralling conflict between Israel and Hizbollah.Instead, the Israeli prime minister delivered one of his most belligerent speeches, vowing to continue “degrading Hizbollah until all our objectives are met” and saying “they put a missile in every [Lebanese] kitchen. A rocket in every garage.”Less than two hours later, Netanyahu ordered Israel’s biggest strike yet on the southern suburbs of Beirut, a Hizbollah stronghold but also one of the Lebanese…