Jack Dorsey dramatically shutters Block’s TBD crypto unit

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images During the crypto-crazed summer of 2021, when memecoins such as dogecoin and Shiba Inu were rocketing alongside bitcoin and ethereum, Square founder Jack Dorsey announced that his payments company was starting a new business unit, with the goal of “making it

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How much can asset sales help Boeing? By Investing.com

Investing.com — Boeing’s (NYSE:) efforts to stabilize its financial position amid challenging market conditions have intensified following a recent equity raise, but analysts at Wells Fargo suggest that asset sales could provide critical support to the company’s balance sheet.  Currently, Boeing’s credit rating sits just above high-yield status, with negative outlooks across major rating agencies, signaling a need for substantial improvement to maintain its investment-grade status through 2027. Wells Fargo notes

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Ether (ETH) Blows Past $3K, Outperforms Bitcoin (BTC) After Trump’s Election Win and Fed Rate Cut

ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CoinDesk data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion. Source link

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7 Best Crypto Prediction Markets In 2024

Crypto prediction markets are a handy tool for participating in the independent pooling of opinion and pursuing financial opportunities. They offer several other benefits, including; Analytical Tools For Real-Life Events Popular crypto prediction markets enable thousands of people to vote on the outcome of an event. The number of people participating in this process makes prediction markets a study case for possible outcomes and opinions. Prediction markets present a cost-effective

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3 Top REIT Stocks to Buy in November

Real estate investment trusts (REITs) are designed to pass income on to investors in a tax-advantageous manner. But all REITs are not the same, not by a long shot. Those in search of a high yield will want to look at W. P. Carey (NYSE: WPC) in November. Dividend growth types should dig into Rexford Industrial Realty (NYSE: REXR). And for investors who think dividend reliability is king, then Federal

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PCE inflation September 2024:

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday. The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. The Fed uses the PCE reading as its primary inflation gauge, though policymakers also follow a variety of other indicators. Fed

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UK fintech posts 55% jump in profit

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise posted a 55% jump in profit in the first half of its 2025 fiscal year Wednesday, citing customer growth and expanding market share. The British digital payments firm said that its first-half profit totalled £217.3 million, up from £140.6 million in the same period a year ago. That came on the

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Laurel Road Student Loan Refinancing Review

Laurel Road, an affiliate of KeyBank, offers student loan refinancing to students, graduates, and parents who borrowed for their child’s education. It also offers student loan forgiveness counseling services. Students looking to borrow while in school will be redirected to work with Laurel Road’s partner, Sallie Mae. Source link

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Fed Chair Jerome Powell’s Remarks Ripple Through Crypto Market: Details By U.Today

U.Today – The markets are paying close attention to recent comments from Fed Chairman Jerome Powell at a post-meeting press conference held Thursday. Bloomberg has shared a few takeaways along these lines, noting that, overall, Powell tried not to offer forward guidance on where rates might go from here, leaving his options open for the December meeting and beyond. Powell emphasized that the economy is strong, so officials can take

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