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Business News

Location American Business News for 2 January 2024
Denmark's Queen Margrethe II is abdicating after more than a year of family drama. Here's a complete timeline of events. Denmark's Queen Margrethe II said she plans to step back after 52 years on the throne. The announcement comes after she stripped four of her grandchildren's titles.
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SEC Reportedly Overwhelmed with Paperwork as Deadline for Spot Bitcoin ETFs Approach Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC) is reportedly swamped with a substantial amount of paperwork as the January 10 deadline for the approval of spot Bitcoin (BTC) ETFs approach. Ac...
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'They'll stamp AI on everything': Ludwig on vetting fintechs Eugene Ludwig, former Comptroller of the Currency and current co-founder of Canapi Ventures, a fintech VC, reflects on how 2023 treated fintechs, how far the fintech movement has come and what banks and their regulators ...
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10 great places to live in the Midwest

Market Watch - 2 Jan 2024 12:04
10 great places to live in the Midwest From water sports on the Great Lakes to the architecturally awe-inspiring streets of Chicago, everyone can find something to love in America's Heartland.
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I want to lose weight and be healthier. A dietitian said to eat protein at breakfast and bulk up dinners with vegetables. Eating protein at breakfast can help you lose weight by keeping you full until lunch, preventing snacking.
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Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66% Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
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Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn't Win Presidential Election Former U.S. President Donald Trump has warned that the U.S. could face a stock market crash worse than that of 1929 and a Great Depression if he doesn’t win the upcoming presidential election. He stressed that the U.S....
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The New York Times' new lawsuit against OpenAI and Microsoft for copyright infringement will be one of the most important copyright fights to watch in 2024.
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Analyst: FTX Legal Battle Set to Extend Over Years in $8 Billion Creditor Fight Source: Getty Images Now-defunct cryptocurrency exchange FTX is embroiled in a legal battle that could extend over several years as creditors seek to recover over $8 billion. The case, filed in November, involves multipl...
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Why investors should be wary of New Year 'head fakes' for this hot asset class Small-caps had a great end to 2023, but hedge funds may only be covering their shorts. Beware says our call of the day.
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U.S. stocks open lower to start 2024 as bond yields move higher and Apple gets downgraded U.S. stocks opened lower Tuesday, with Wall Street starting the new trading year on a negative note after a 2023 rally that left the S&P 500 just shy of a fresh record.
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Russian oil tankers bound for India are turning around amid scuffle over payments to Moscow The Russian oil tankers had been idling close to India for more than a month before turning back, Bloomberg ship-tracking data shows.
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Bitcoin surges past $45,000 for the first time in 2 years

Business Insider - 2 Jan 2024 16:02
Bitcoin surges past $45,000 for the first time in 2 years Investors have been anticipating regulators' approval of a spot bitcoin ETF for months, with expectations the SEC could give the green light this month.
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Apple's stock falls after 'sell' call from Barclays

Market Watch - 2 Jan 2024 15:03
Apple's stock falls after 'sell' call from Barclays Shares of Apple Inc. are starting 2024 with a selloff, after Barclays analyst Tim Long said it was "time for a breather," citing weak hardware sales as iPhone 15 demand disappoints.
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Super-rich pick flats with private security as sales rise of £15m-plus London homes Centrally located apartments rather than houses popular with buyers from US, Middle East and China Super-rich overseas property hunters are increasingly buying luxurious apartments with private security because of concer...
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Oil prices rise as Iran sends warship to Red Sea after U.S. destroys Houthi vessels Oil futures rose Tuesday to kick off the new year after an Iranian warship entered the Red Sea, heightening tensions and fears of crude supply disruptions sparked by attacks on shipping by Iran-backed Houthi rebels in Ye...
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Use "Gift" as Keyword For Valentine's Day Online Marketing

Small Business Trends - 2 Jan 2024 10:42
Use Planning on a special marketing effort for Valentine's Day this year? New data suggests that using the word "gift" is a must in a promo and don't forget about singles, who also tend to spend more on a day that targets co...
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A couple paid $80,000 after being told their teen son was kidnapped. He was found living in a tent outside Salt Lake City, police said. Kai Zhuang, 17, was found living alone in a tent at freezing temperatures at the direction of scammers, police said.
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Bitcoin Price Surges to $45,000 Pending SEC's Bitcoin ETF Approval Source: DALL·E Bitcoin‘s price has soared to $45,000, marking its highest point since April 2022. With growing investor anticipation of the decision by the U.S. Securities and Exchange Commission (SEC) regarding the a...
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Will a 'soft landing' fuel 1990s-like boom for banks?

American Banker - 2 Jan 2024 23:59
Will a 'soft landing' fuel 1990s-like boom for banks? Bank investors hope they can party like it's 1995, when the U.S. economy stayed healthy even after aggressive Federal Reserve rate hikes. But a few analysts are a bit more cautious over whether banks' loan books will hol...
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X restores displaying headlines on news stories, reversing bizarre Elon Musk move X users noticed over the weekend that headlines of news stories were being restored when links were posted to the platform.
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Claudine Gay's 6-month stint as Harvard president was the shortest in school history Gay assumed her role in July, and was Harvard's first Black president and second-ever female president.
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