The volatile but never boring market for Bitcoin (BTC) has been whipsawed in recent days, as investors ponder whether there are better returns to be had in other cryptocurrencies, even as a new COVID-19 variant and the Federal Reserve’s policy outlook shake up the landscape. With news of the Omicron strain of COVID-19 unsettling investors, Bitcoin shed over 2% on Tuesday as Fed Chairman Jerome Powell dropped several hints that the central bank is growing more attentive to inflationary risks,… Source link
Read More »Why GM shares are getting run over after earnings
Corvette pusher GM is feeling a bear raid on Wednesday even as execs at the company continue to supremely hype its push to electric vehicles and the profits they believe will rain down on the automaker as a result. Shares of GM tanked nearly 6% in Wednesday afternoon trading in the wake of the company’s third quarter earnings report. Experts told Yahoo Finance there is some disappointment on the Street on how GM’s margins and and market share fared in the quarter, as well as cautious… Source link
Read More »Bitcoin’s October price rise suggests near-term crypto bull run amid regulation
Bitcoin and other cryptocurrencies are shooting up the charts this week, continuing their break-away pattern from the stock market over the last month. While bitcoin’s (BTC-USD) volatile behavior still baffles plenty of investors, it’s increasingly the safest bet as regulators worldwide signal a tightening over the crypto sector. While the overall crypto market at times moves in lockstep with other risk-on assets, since October the asset class is showing some divergence. The S&P 500 (^GSPC)… Source link
Read More »Khris Middleton in closer role has Bucks eyeing title run
ATLANTA — The game was screaming for someone, anyone to say “enough” — to cut through the emotion of the night and take command of this series. Khris Middleton stepped in and although he was probably hard to hear, his right wrist did the talking for him, the Milwaukee Bucks and the rest of the NBA took notice. Middleton has been with Giannis Antetokounmpo since the days both were battling in practice over playing time eight years ago, and while Antetokounmpo has blossomed into a… Source link
Read More »Arkansas officer dies after being run over and dragged by fleeing vehicle
An Arkansas police officer was pronounced dead on Saturday after he was run over and dragged by a fleeing vehicle. Around noon, Officer Kevin Apple approached a driver in Benton County when a suspect rammed a police cruiser and drove over the law enforcement veteran in Benton County, according to Arkansas Online. Two suspects have since been arrested, Shawna Rhae Cash, 22, and Elijah Anadoloza Sr., 18, one of whom faces capital murder charges, while the other faces attempted capital murder… Source link
Read More »Shelby Houlihan will not run at Olympic trials due to ban
For a few hours Thursday, banned runner Shelby Houlihan still had a shot at making the Olympic team. Despite her ban, Houlihan was initially set to run in both the 1,500 and 5,000 meters events at the Olympics trials Friday. That’s not going to happen anymore. U.S. Olympics stepped in and said it would uphold any ruling upheld by the Court of Arbitration for Sport, according to USA Today. In a statement provided to USA TODAY Sports, USOPC chief executive officer Sarah Hirshland said the USOPC,… Source link
Read More »Why inflation won’t cause higher bond rates in the long run
Regarding looming inflation risks and their resulting Treasury yield rates, Wall Street veteran and co-founder of DataTrek Research Nicholas Colas stated that he has “never seen a stronger consensus” surrounding any macroeconomic issue in his career. “Fed money printing plus fiscal stimulus/debt issuance plus economic reopening is supposed to equal high and likely lasting inflation,” Colas said. “The 10-year Treasury will go to at least 2 percent and maybe 3 percent or… Source link
Read More »YouTube/celebrity bouts have just about run their course
In the mid-to-late 1990s, Top Rank produced a series of pay-per-view events headlined by Oscar De La Hoya that included on the undercards the modern-day equivalent of Logan and Jake Paul. We saw it on Sept. 18, 1999, during the so-called “Fight of the Millennium” between De La Hoya and Felix Trinidad. We saw it a few months earlier, on Feb. 13, 1999, on UNLV’s campus, for De La Hoya’s stirring victory over Ike Quartey at the Thomas & Mack Center. And, of course, we saw it on Sept. 18,… Source link
Read More »Trump hints at White House run ahead of Saturday rally
Former President Donald Trump implied he would be making another run for president as he prepares for his first major public event since leaving office. “Next time I’m in the White House there will be no more dinners, at his request, with Mark Zuckerberg and his wife. It will be all business!” Trump said in a statement Friday afternoon after Facebook announced that he would remain banned from the platform for at least two more years. Facebook founder and CEO Mark Zuckerberg. (George… Source link
Read More »Talk of Trump 2024 run builds as legal pressure intensifies
WASHINGTON (AP) — Donald Trump was calling into yet another friendly radio show when he was asked, as he often is, whether he’s planning a comeback bid for the White House. “We need you,” conservative commentator Dan Bongino told the former president. “Well, I’ll tell you what,” Trump responded. “We are going to make you very happy, and we’re going to do what’s right.” It was a noncommittal answer typical of a former president who spent decades toying with presidential runs…. Source link
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