Author: Press Room

Last updated: April 18, 2024 10:47 EDT | 2 min read In a note to clients, Goldman Sachs, one the world’s largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.Every four years, the “halving” event occurs, in which the per-block Bitcoin (BTC) emissions are cut in half. The next halving is in 2 days, and it will see rewards cut to 3.125 BTC from 6.25 BTC, essentially halving the rate of new supply.This creates artificial scarcity, which increases demand, and has historically preceded massive multi-month BTC rallies – something the cryptocurrency community believes…

Jose Rodriguez, 65, wants to help treat and prevent cancer by opening more oncology centers. His solution? Leave Chicago and move to Brazil.Rodriquez, who is an engineer, said that after working in countries like Venezuela on and off throughout his career, Brazil would be a good next step. He hopes to help cancer patients in Latin America while encouraging business partnerships with the US. Many parts of Brazil are lacking in proper medical facilities and, with his assistance, more US businesses could step in, he said.Many Americans are moving out of the US and to Latin American countries, citing lower…

There’s one alert that you really don’t want to get on your iPhone.The warning that your phone may have been targeted in a spyware attack is sure to send a chill down your spine — especially if it’s probably because of who you are.That’s the warning that some iPhone users in 92 countries received on Wednesday, TechCrunch reported. Apple has sent out similar notifications in the past.”Apple detected that you are being targeted by a mercenary spyware attack that is trying to remotely compromise the iPhone associated with your Apple ID,” the notification read, according to TechCrunch.”This attack is likely…

Since October’s surprise Hamas attack of Israel and Israel’s subsequent invasion of Gaza in retaliation, Middle East geopolitical tensions have been gradually ratcheting higher. Those tensions came to a boil this past weekend when Iran launched an unprecedented attack on Israel, sending more than 300 missiles and drones from Iranian soil. This was in response to Israel’s attack on Iran’s embassy in Damascus, Syria, earlier in the month. Although almost all of Iran’s rockets and drones were shot down by Israeli and American forces, the attack highlights that the Middle East tinderbox could potentially be ready to spiral into a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US is reimposing sanctions on oil from Venezuela, saying President Nicolás Maduro’s revolutionary socialist government has “fallen short” on commitments to hold a free and fair presidential election this year.The measure amounts to a recognition by the Biden administration that sanctions relief, granted six months ago, has so far failed to persuade Maduro to run a genuinely competitive contest.Mindful of the risk that fresh sanctions on Venezuela might push up oil prices in a US election year, Washington will allow US…

The United States will reimpose sanctions on Venezuela’s oil and gas sector in response to the Maduro government’s failure to allow “an inclusive and competitive election” to take place. Last October, citing commitments made by President Nicolas Maduro to hold such an election in 2024, the US Treasury Department issued a temporary authorization to allow transactions with the country’s national oil and gas sector without fear of sanctions. That authorization, formally known as General License 44, was due to expire on Thursday and the administration had to decide whether the Venezuelan government was upholding those commitments, which were made under the “Barbados…

AvePoint, Inc. (NASDAQ:AVPT) Chief Financial Officer James Caci has recently sold a significant amount of company stock, according to the latest filings with the Securities and Exchange Commission. The transactions, which took place on March 20 and 21, involved a total sale of 10,000 shares, fetching a combined value of over $80,000. The sales occurred at prices ranging from $8.00 to $8.0008 per share. Specifically, on March 20, Caci sold 3,061 shares at $8.00 each, and on the following day, he sold 6,939 shares with a slight increase in the price at $8.0008 per share. These sales were executed under…

By Marc Jones LONDON (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closely-followed study on Thursday showed. The research by the U.S.-based Atlantic Council think tank highlighted that all G20 countries with the exception of Argentina are now in one of those far-along phases although, notably, the United States is falling increasingly behind. While still inching forward on a banks only “wholesale” digital dollar, one for the wider U.S. population now looked “stalled” the report said,…

As you move closer to retirement, you’ll want to begin planning for your life in retirement, given the financial resources you’ve accumulated. This requires shifting your mindset, since for many years, your most important retirement decisions may have involved how much to save for retirement and how to invest your savings. Accordingly, the most important decision facing most pre-retirees is when and how to retire. “How to retire” means whether you work part time for a while after you’ve left the full-time workforce. Your decision will influence your finances, your health, and your lifestyle for the rest of your life.…

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. The interest rate on a 30-year fixed-rate mortgage is 7.375% as of April 11, which is 0.250 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.500%, which is 0.375 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to…