November 16, 20240 Comments

Is the latest stimulus enough to generate inflation? By Investing.com

Investing.com — Recent economic data from China indicates that the country’s inflation remains subdued despite new stimulus measures aimed at boosting demand.  As per Citi Research, October’s Consumer Price Index rose 0.3% year-on-year, meeting their forecast but falling below the market expectation of 0.4%.  The Producer Price Index contracted by 2.9% year-on-year, a sharper decline than anticipated.  Both metrics underline a broader challenge in igniting inflation through the current stimulus

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November 16, 20240 Comments

Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals

“This report tells the story of progress and calculated risk, the use of a diverse set of strategies to leverage opportunities and most of all, the continued belief in the market’s long-term potential to reshape traditional financial markets” Lucas Schweiger, Sygnum Digital Asset Research Manager and report author, said in the press release shared with CoinDesk. Source link

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November 16, 20240 Comments

ETH is up 1.50%, Trades at $3,140

Ethereum (ETH) price trades today at $3,114.8 as of 8 AM. Ether prices hit a daily high of $3,150.0 today after rising 1.97% on November 16. Why is Ethereum Price Rising Today? After crashing 11% in the past three days, Ethereum price is up 1.40% today and trades at $3,042. As of Novemeber 16, there are promising signs of that the value of ETH could continue heading higher and tag

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November 16, 20240 Comments

Startup ServiceTitan Aims to File Next Week for 2024 IPO

(Bloomberg) — Home service software business ServiceTitan Inc. is planning to file as soon as next week for an initial public offering, according to people familiar with the matter. Most Read from Bloomberg The Glendale, California-based company is aiming to go public before the end of the year, the people said. The details and timing of the company’s plans could still change, said the people, who asked not to be

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November 16, 20240 Comments

‘Pray’ for Davina and ‘£280 hike to bills’

BBC The i Weekend writes people should expect a £280 hike to household bills in a “new blow to cost of living”. It reports council tax, energy bills, water, broadband and train travel will add £278 to the costs of a typical household next year. The paper also warns inflation is expected to climb on Wednesday. Former Prime Minister Boris Johnson has written in the Daily Mail warning against the

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November 16, 20240 Comments

Apple accused of trapping and ripping off 40m iCloud customers

Getty Images iCloud is the online storage service from Apple Apple is facing a legal claim accusing it of effectively locking 40 million British customers into its iCloud service and charging them “rip off prices”. Consumer group Which? says the legal action – which it has launched – could result in a £3bn payout if it is successful, with the average customer getting around £70. Apple has rejected the suggestion

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November 16, 20240 Comments

LightStream Personal Loans Review

LightStream offers large loan amounts for a variety of purposes, serving borrowers seeking a loan of between $5,000 and $100,000. Borrowers need to have good to excellent credit and several years of credit history for approval. Source link

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November 16, 20240 Comments

Russian gas exports via Ukraine to Europe stable despite Austria cuts By Reuters

MOSCOW (Reuters) – Russian gas producer Gazprom (MCX:) said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday, despite expectations of gas supplies cuts to Austria over a contractual dispute. Russian Interfax news agency cited data from European gas pipeline operators as saying that gas exports from Russia via Ukraine were stable, while Austrian company OMV was not

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