Author: Anthony M. Orbison

The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of EnglandThe world is more diverse and interwoven than ever before — economically, culturally, ethnically, generationally. This is largely the result of the postwar explosion in cross-border flows of goods and money, people and information. For much of that period, the benefits of globalisation were taken for granted and garnered widespread popular and political support. Those days are gone. The question now being asked is whether increased economic openness and connection are a source of fragility rather than flourishing, economically…

As cruises continue to grow in popularity, cruise lines are staying committed to maintaining growth by keeping a finger on the pulse of what’s driving traveler decisions when booking their next vacation. Fast-growing global cruise brand MSC Cruises recently analyzed data from multiple 2024 travel trends reports to share insight from a cruise travel perspective on five growing travel trends. Related: US shares ‘reconsider travel’ advisory for Caribbean cruise portIn similar insights shared last year, MSC Cruises reported increased demand for itineraries that offered more time in ports, cultural exploration, urban destinations and luxury experiences. Looking ahead to 2025, the cruise…

ETH found critical support at key levels. Network growth showed more ETH addresses popping up. Ethereum’s[ETH] price is finding strong support between $3,700 and $3,810, where 3 million addresses have accumulated 4.6 million ETH. This critical accumulation zone reflects growing investor confidence and provides a cushion against potential bearish pressures. With strong demand-supply dynamics and key Fibonacci levels pointing to $5,000 as a plausible target, Ethereum’s bullish case continues to strengthen. Support levels and accumulation zones  Analysis of Ethereum’s price trajectory reveals a robust demand zone between $3,700 and $3,810. According to data from IntoTheBlock, approximately three million addresses accumulated…

Advanced Micro Devices (NASDAQ: AMD) and Marvell Technology (NASDAQ: MRVL) have enjoyed contrasting fortunes on the stock market in 2024, with one of these names delivering stellar gains while the other one is in the red. More specifically, AMD stock’s decline of 13% this year pales in comparison to the impressive 76% surge in Marvell’s shares. Both companies are benefiting from the growing demand for chips to power artificial intelligence (AI). So, will Marvell remain the better AI stock of the two in 2025 as well? Or can AMD turn its fortunes around in the new year and outperform Marvell?…

(Reuters) -ABC News has agreed to give $15 million to U.S. President-elect Donald Trump’s presidential library to settle a lawsuit over comments that anchor George Stephanopoulos made on air involving the civil case brought against Trump by writer E. Jean Carroll, a court document filed on Saturday showed. The lawsuit, filed on March 19 in U.S. District Court in Southern Florida, accused Stephanopoulos of making the statements with malice and a disregard for the truth. It said the statements were distributed widely to third parties and repeated. “We are pleased that the parties have reached an agreement to dismiss the…

Chainlink (LINK) outperforms the top 10 crypto projects by market cap. LINK is green across the board, while other cryptocurrencies, such as Solana (SOL) and XRP, are in the red zone. The asset is up 1.4% in the daily charts, 21.6% in the weekly charts, 64.6% in the 14-day charts, and 120.3% over the previous month. LINK’s price has also risen by 106.3% since December 2023.Source: CoinGeckoAlso Read: Bullish Prediction Puts Dogecoin’s Price at $1.48Why Is Chainlink Rallying?LINK has witnessed an increase in whale purchases. According to LookOnChain, a whale wallet spent $4.94 million to buy 175,424 coins on Dec.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US has been in direct contact with the Islamist movement that spearheaded the offensive to topple Bashar al-Assad despite its designation as a terrorist organisation, as western and regional powers push for a peaceful transition in Syria. On Saturday US secretary of state Antony Blinken became the first American official to acknowledge that Washington had been in contact with Hayat Tahrir al-Sham, which has taken control of Damascus. After meeting regional counterparts in Jordan, he said the US and its allies…

The robotaxi market took a sharp turn this week as an industry leader made a shocking announcement. General Motors  (GM) , once hailed as a formidable rival for Tesla  (TSLA)  in the race to roll out a driverless car ahead of competitors, recently announced that it will be ending its Cruise robotaxi division, the company’s venture into self-driving, ride-sharing technology. Don’t miss the move: SIGN UP for TheStreet’s FREE daily newsletterThe legacy automaker acquired a majority stake in Cruise in 2016, three years after the autonomous driving (AV) startup’s launch. Since then, it has faced challenges, though, as General Motors has…

New data from market intelligence platform Santiment reveals that Chainlink (LINK) is leading the real-world assets (RWA) sector in terms of recent development activity. In a new post on the social media platform X, Santiment says the nascent sector is being led by the decentralized oracle network followed by Ethereum (ETH)-based synthetic asset creator Synthetix (SNX) and privacy-focused tokenization project Dusk Foundation (DUSK). According to the data, Chainlink had nearly 394 notable GitHub events during the past 30 days while Synthetix and Dusk Foundation clocked in with 176.6 and 34.7, respectively. Other notable digital assets on the list include Polymesh…

A 64-year-old married couple looks over their financial plan for retirement. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re nearing retirement and you have a sizeable IRA balance, you face some significant decisions surrounding required withdrawals and taxes. Converting a traditional IRA into a Roth account is one move that can increase your planning flexibility. And even at 64 years old, shifting an account from a tax-deferred to tax-free status can result in greater control over income distributions, as well as potential estate planning benefits. A financial advisor can help…