Author: Press Room

Last updated: May 4, 2024 10:42 EDT | 4 min read Bitcoin Price Prediction Bitcoin’s price shows a robust ascent, now trading at approximately $63,200, with recent highs of $64,446. This activity is part of a wider trend that has seen the global crypto market cap increase to $2.36 trillion, up over 7% over the last day. The uptick is influenced by the Federal Reserve’s decision, as indicated by Chair Jerome Powell, to halt further interest rate increases, a policy move that often favors investments like Bitcoin by enhancing their appeal. The surge is also supported by significant inflows into…

Tesla began the year as the newest member of the “Magnificent Seven” group after its stock racked up triple-digit gains in 2023.Close to three months later, the electric carmaker holds a much less enviable title — it’s the S&P 500’s biggest loser year-to-date. Tesla shares have plummeted about 30% year-to-date, wiping about $230 billion off the company’s value.The losses mean it’s even lagging crisis-hit planemaker Boeing, which has tumbled almost 29% after a blowout on an Alaska Airlines 737 MAX fueled investors’ fears about safety issues.The gap was even wider at the end of last week, but Tesla shares were…

The most expensive neighborhood in America is in Coral Gables, Florida, Bloomberg reports.Before the pandemic, that distinction belonged to Beverly Hills, according to Zillow. Tech and finance giants are helping to fuel Florida’s scorching hot real-estate market. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The post-pandemic Florida real-estate boom just earned the state a new superlative.Today, seven of the 10 most expensive neighborhoods in the US are located in Florida, Bloomberg reported, citing data from Zillow.The priciest neighborhood in America is Gables Estates in Coral Gables, where a typical…

This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Trump tried to stop newspapers containing allegations of extramarital affairs from being delivered to his home for fear of angering his wife Melania, his former aide Hope Hicks testified at his Manhattan criminal trial on Friday. Hicks, who worked for Trump’s 2016 campaign and followed him to the White House, described how she was ordered to keep copies of the Wall Street Journal, which contained a story about “hush money” payments to a Playboy model and porn actor, from her employer’s…

CNN reporter breaks down what made Hope Hicks cry on the stand CNN’s Paula Reid describes what ex-Trump aide Hope Hicks, once considered one of his closest confidantes, said during her testimony in the ongoing hush money criminal trial against the former president. Read the full article here

When Older Americans Month (May) was established in 1963, only 17 million Americans had celebrated their 65th birthday. Today over 60 million of us can claim the distinction of being 65 or better. However, over 22 million older adults live alone and close to 30% of them have no children or other family support as they age. This is a category best known as “Solo Agers.” Starting this year (2024), on May 15, Solo Agers will have their very own day, right in the middle of Older American’s month. SAVvy Day (Solo Agers Visibility Day) will acknowledge their status, raise…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During the week of Apr. 22, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and increased for 5-year variable-rate loans. 10-year fixed rate: 9.19%, down from 10.45% the week before, -1.265-year variable…

Small businesses are increasingly turning to credit cards as a key source of funding as they continue to grapple with still-high inflation and rising borrowing costs.  New findings published by Bank of America show that small businesses are reacting to inflationary pressures within the economy by relying more on credit cards to finance their operations. Since 2019, small business credit card balances are up 18%, according to aggregated and anonymized data.”While rising credit card balances could raise some concerns, we note a few reasons to be less pessimistic,” the Bank of America analysts said. JAMIE DIMON WARNS INFLATION, INTEREST RATES…

Check out the companies making headlines in midday trading: Apple — The tech giant jumped more than 6% after announcing it would repurchase $110 billion in shares . Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Block — The payment services provider added 1% after posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded…