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Business News

Location American Business News for 19 May 2024
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows. The post PitchBook Report: Cry...
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I wanted to see the Eras Tour. Instead, my husband spent thousands on an affair. How do I get past my resentment? "For Love & Money" answers your relationship and money questions. This week, a reader's husband spent thousands on another woman during an affair.
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Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana (SOL) and its potential to reclaim the $200 mark. He also hinted that upcoming upgrades coul...
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In the lead-up to commencement at the historically Black men's college, many students were opposed to President Biden speaking at the ceremony.
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Tesla Cybertruck takes second place to Ford F-150 Lightning, new monthly registration data shows Tesla's Cybertruck was the second-best selling electric pickup truck in March, according to one key indicator.
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A boomer couple that was 'watching every single penny' they spent in the US moved to Portugal 2 years ago — and money isn't a concern for them in retirement anymore Ann, 67, moved with her husband to Portugal after scraping together money to pay their expenses in the US. Their quality of life is much better now.
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Penny, in the East Village, has a polished, understated swagger that somehow makes the oysters taste even better.
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US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment sca...
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Despite FTX's Collapse, FTT's $535M Market Cap Highlights Crypto Absurdity Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading pl...
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100-hour weeks and heart palpitations: Inside Wall Street's brutal work culture The tragic deaths of two Bank of America employees has become a flashpoint for anger over allegedly unrealistic work expectations on Wall Street.
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Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury. Solo travel, pre-loved luxury fashion, and fine dining are all gaining popularity with this affluent group.
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Jeff Bezos' 3 private jets are worth $140 million and include 2 Gulfstream G650ERs alongside a hangar in Seattle Jeff Bezos owns a hangar and three private jets worth over $100 million. The smallest is registered to a firm specializing in privacy enhancement.
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Thomas McGuane on Small-Town America

The New Yorker - 19 May 2024 12:00
The author discusses his story "Thataway."
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Bitcoin's $66.9K price holds strong, casts doubts on a 'deep correction' Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood.
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Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, ...
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Economist Jim Rickards Predicts Gold Price Exceeding $27,000 -- Says: 'It's Not a Guess. It's Rigorous Analysis' Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It's the result of rigorous analysis,” he clarified. This represent...
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In 2020, Trump won nearly 30,000 more votes in the Bronx than he did in 2016. Biden improved the Democratic vote share by a little under 2,000 votes.
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Longevity fanatic Bryan Johnson says 'sleep is the new coffee' Some tech execs aren't starting their days anymore with a jolt of caffeine — they're betting on sleep instead.
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US Congress Passes First Standalone Crypto Legislation The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President J...
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Lawmakers push to speed up NYC casino licenses timetable: 'We're leaving $2B on the table' Two state lawmakers say it's time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable.
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Lower Fifth Avenue retail scene thriving after several high-profile leases, expansions Manhattan's retail scene is such a mixed bag as to defy generalization.
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Ripple publishes math prof's warning: 'public-key cryptosystems should be replaced' Mathematician Massimiliano Sala says current encryption methods won't protect blockchain systems from quantum computers.
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