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(Bloomberg) — Bitcoin’s stealth rally over the past two weeks not only pushed it past a key level of $45,000 — it also put the world’s biggest cryptocurrency back in positive territory for the year. Most Read from Bloomberg The cryptocurrency — up more than 15% since March 11 — traded at about $46,600 as of 7:10 p.m. New York time, beyond the upper end of what had been a narrow $35,000-to-$45,000 range since early this year. With the fresh gains, the coin is now up about 0.6% for the… Source link

Peyton Manning welcomed Tom Brady into the retired quarterbacks club with a handwritten note and a bottle of wine. Now that Brady has broken out of that club, he wants his stuff back. Brady, 44, announced two weeks ago he was returning to the NFL and the Tampa Bay Buccaneers. The quarterback’s retirement lasted all of 40 days. That was enough time for Manning, and likely others, to bestow gifts upon Brady. Friends, fans and NFL personnel lavished kind words upon the star usually reserved for… Source link

A version of this post was originally published on TKer.co. Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994. It comes from the 38-minute mark of this video (via @DividendGrowth): Some event will come out of left field, and the market will go down, or the market will go up. Volatility will occur. Markets will continue to have these ups and… Source link

The argument for Los Angeles Lakers star LeBron James as the GOAT doesn’t extend to the big screen, at least according to the membership of the Golden Raspberry Award Foundation (GRAF). James “won” (but is it really winning?) two awards for “Space Jam: A New Legacy” at the 42nd Golden Raspberry awards on Saturday. The Razzies are awarded to the worst films of the year and are announced the day before the Academy Awards. LeBron’s ‘Space Jam’ remake earns Razzies LOS ANGELES, CALIFORNIA – JULY… Source link

Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022JIM WATSON/AFP via Getty Images Mathias Döpfner, the CEO of Insider’s parent company, recently interviewed Tesla CEO Elon Musk. In response to the question, “what is your biggest fear?” Musk listed three existential threats. They included a declining birthrate, religious extremism, and “artificial intelligence going wrong.” Tesla CEO Elon Musk revealed three… Source link

The March jobs report takes center stage this week. The Labor Department’s monthly snapshot of U.S. employment will be closely watched by market participants and will carry special weight as Federal Reserve officials appear to signal more hawkishness in the central bank’s rate-hiking plans. Meanwhile, Core PCE, the Fed’s preferred inflation gauge, is also due out Wednesday and will offer further clues on how aggressive the next interest rate bump could be. Despite a streak of seesaw… Source link

There’s been a lot of chatter recently among California lawmakers about a gas rebate as prices at the pump are among the highest in the country. “If you look at all the regulations, taxes, and fees associated with gas in California, we pay $1.27 more [per gallon] than every other state in the nation. It’s really sad,” Republican Assemblymember James Gallagher said on Yahoo Finance Live (video above). “We have a double whammy, not only do we have high gas prices, but we have all these… Source link

If you thought Silicon Valley had a problem with politics, spare a thought for Russia’s top internet company. Newsletter Sign-up Heard on the Street Agenda-setting analysis and commentary on the biggest corporate and market stories. … Source link

If you thought Silicon Valley had a problem with politics, spare a thought for Russia’s top internet company. Nasdaq-listed Yandex, which runs the largest Russian search engine and ride-hailing service, is caught between its local customers and regulators on the one hand, and American technology and finance on the other. The latest flashpoint is the potential sale of its media interests, which consist of a news-aggregation service similar to Google News and a social… Source link

If you thought Silicon Valley had a problem with politics, spare a thought for Russia’s top internet company. Newsletter Sign-up Heard on the Street Agenda-setting analysis and commentary on the biggest corporate and market stories. … Source link