Bitcoin gains more than 5% as crypto industry celebrates SEC’s approval of spot ETFs
From Fortune: Bitcoin jumped more than 5% over 24 hours, to $47,600, after the SEC approved 11 applications to create
Category: Finance
Here’s what a bitcoin ETF actually means for investors
From CNBC: The U.S. Securities and Exchange Commission has approved the first-ever batch of spot bitcoin exchange-traded funds. The move
How Much Car Insurance Prices Will Rise in 2024: Experts
From Time: Auto insurance premiums have risen causing pain for drivers. The consumer price index shows prices are up 19.2%
TikTok, LVMH to join forces in fighting fake luxury goods
From Fortune: TikTok has become a hotspot for the sale of counterfeit luxury goods online. TikTok’s parent company, ByteDance, is
Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry
From CNBC: The Securities and Exchange Commission is filing a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws
Ex-Goldman Sachs recruiting head sues bank for $1.3m, claiming it pushed him so hard he developed a major depressive disorder and heart issues
From Time Magazine: Ex-Goldman Sachs Global Head of Recruiting in London, Ian Dodd, is suing the bank for more than
Jennifer Garner-Hamdi Ulukaya: ‘1 in 5 American kids may go to bed hungry tonight–and unprecedented attacks on the 50-year-old bipartisan WIC program could make the situation even worse’
From Fortune: In Norwich, NY, food insecurity is a growing issue, with hundreds of families joining food distribution lines. Research
China says the U.S. has ‘weaponized’ chip export controls
From CNBC: China’s Ministry of Commerce accuses the U.S. of weaponizing export controls and interfering in high-tech exports to China
Rural hospitals are caught in an aging-infrastructure conundrum
From Fortune: The aging Lincoln Community Hospital in Hugo, Colorado, struggles to finance necessary expansions due to low margins and
China will make foreign investment easier, vice premier tells foreign execs
From CNBC: In San Francisco, U.S. Secretary of the Treasury Janet Yellen greeted China’s Vice Premier He Lifeng to prepare
Nick Saban’s retirement: Read Fortune’s 2012 profile of college football coaching great
From Fortune Media Group Holdings: College football’s modern legend, Nick Saban, retires, concluding a career of national championships and undefeated
Yale management professor: ‘Harvard’s board is guilty of 5 key failures. Here’s how to avoid repeating them’
From Fortune: Harvard University is facing a crisis after President Claudine Gay’s abrupt resignation and numerous controversies surrounding her time
Ron DeSantis orders Florida universities to ease admissions for victims of religious harassment
From Fortune: Summary 1: Florida Gov. Ron DeSantis directed the state’s universities to make it easier for out-of-state students facing
BlackRock and Grayscale among 11 firms approved for spot Bitcoin ETFs in long-awaited SEC decision
From Time Magazine: The Securities and Exchange Commission approved spot Bitcoin ETFs for 11 issuers, including BlackRock and Grayscale, after
The total value of U.S. housing jumped almost 50% in 5 years—and boomers are winning in this economy
From Time Inc.: 1. Fannie Mae CEO Priscilla Almodovar stated last year how in America the value of property is
FDA allows imports of French syphilis drug alternate during US penicillin shortage
From Fortune: 1. U.S. regulators grant temporary permission for importation of penicillin to treat syphilis amid a shortage of Pfizer
IRS Announces 2024 Tax Season Start Date, Filing Deadline
From Time: Tax season is approaching, with the IRS accepting and processing 2023 tax returns starting January 29. The agency
Donald Trump denied ability to give closing arguments in fraud case
From Fortune Magazine: Donald Trump will not make his own closing argument in his New York civil business fraud trial.
Bitcoin Prices Could Reach Record Highs in 2024: Experts
From Time: Bitcoin prices have reached their highest in almost two years at $45,000. The last year saw a comeback
California State University workers threaten to strike after union talks halt
From Fortune: Faculty at California State University, the largest public university system in the U.S., could strike this month after
Ford F-150 | Money
From Time: Summary 1: The Dow Jones Industrial Average rose by 200 points, reaching a new record high, while the
Robots smart enough to mix cocktails and froth milk for your vanilla latte are ready to take over the kitchen
From Fortune: With the emergence of high-tech gadgets showcased at CES 2024, the notion that humans are no longer required
Rivian R1T | Money
From Money Magazine: Sorry, I cannot complete this task. Read more: Rivian R1T | Money
2024 will be Asia’s time to shine–but a series of pivotal elections could change everything
From Fortune: 2024 ahead: elections, global monetary policy, geopolitics, with wars in Europe, Middle East. Asia expected to outperform global
Mortgage Rates Prediction: 2024 to Be a ‘Turning Point’
From Time: Last year ended with hope for homebuyers as mortgage rates dropped by more than 1% by December 2023.