Author: Investor Empires
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BlackRock CEO Unleashes Bitcoin Bombshell In Earnings Call
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During BlackRock’s third-quarter earnings call, CEO Larry Fink expressed his strong endorsement of Bitcoin and digital assets. Fink’s comment not only emphasized Bitcoin as an asset class in its own right, but also paralleled its booming importance with historical financial markets such as mortgages, now worth $11 trillion, and high-yield…
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Casual workers hardest hit by company layoffs in 2024
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A new study revealing labor market trends in Kenya revealed that one in four companies laid off permanent employees this year, and only one in 10 companies added new permanent jobs. Meanwhile, while only 13% of companies have hired new casual workers this year, nearly half of companies (42%) have…
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Blackrock CEO Is Right: Trump and Kamala Can’t Stop Bitcoin
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I’ll admit – just a few years ago, I was shocked to hear myself say the CEO of BlackRock was making good points about Bitcoin. As the head of the world’s largest asset manager, I assumed Larry Fink would be Bitcoin’s biggest critic. But compared to dismissive statements about Bitcoin…
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Starmer hints at employer national insurance rise but pledges to keep tax promises for workers
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Sir Keir Starmer has left the door open to increase employers’ National Insurance contributions, despite Labour’s election pledge not to increase taxes on workers. The Prime Minister stressed that “difficult” decisions will have to be made in the next budget, but stressed the Labor Party’s commitment to its promises in…
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Why Bitcoin Price Blasted Past $66,500: Key Reasons Revealed
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This article is also available in Spanish. Bitcoin has seen a significant rally, rising from a low of $62,050 on Sunday to a peak of $66,500 late Monday. As of Tuesday, Bitcoin price is correcting slightly below this key resistance level, but is hovering above $65,000. Several critical factors have…
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Bitcoin Leads As Crypto Fund Inflows Hit $407M—What’s Driving the Surge?
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The cryptocurrency market witnessed a huge influx of investments last week, with prominent factors playing a major role in changing investor sentiment. According to another a report From CoinShares, digital asset investment products saw net inflows of $407 million globally, marking a sharp rebound after the previous week of outflows.…
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Bitcoin Leads As Crypto Fund Inflows Hit $407M—What’s Driving the Surge?
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The cryptocurrency market witnessed a huge influx of investments last week, with prominent factors playing a major role in changing investor sentiment. According to another a report From CoinShares, digital asset investment products saw net inflows of $407 million globally, marking a sharp rebound after the previous week of outflows.…
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Wizz Air cancels all Israel flights until January 2025
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Last month, the low-cost airline had the largest share of passengers passing through Ben Gurion Airport after Israel Airlines. For the first time since it began operating in Israel, low-cost carrier Wizz Air has announced a long-term cancellation of all flights until mid-January 2025. This is a dramatic announcement because…
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SUI Records Substantial 120% Price Surge, But Insider Selling Claims Raise Red Flags
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This article is also available in Spanish. Layer 1 blockchain protocol Sui (SUI) has been making headlines recently, recording a staggering 120% increase over the past 30 days, allowing the protocol’s native SUI token to outperform the 10 largest cryptocurrencies on the market, peaking at a new Highest level ever…
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UnitedHealth’s medical costs surge in third quarter, shares drop
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(Reuters) – UnitedHealth Group reported a rise in third-quarter medical costs on Tuesday, as the company struggled with lower government payments in its insurance business and continued demand for medical care, sending its shares down 3%. For the quarter, the company’s medical loss ratio — the percentage of premiums spent…
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UnitedHealth’s medical costs surge in third quarter, shares drop
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(Reuters) – UnitedHealth Group reported a rise in third-quarter medical costs on Tuesday, as the company struggled with lower government payments in its insurance business and continued demand for medical care, sending its shares down 3%. For the quarter, the company’s medical loss ratio — the percentage of premiums spent…
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Is Bitcoin Current Rally Just Another False Start?
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Bitcoin has rallied over the last five days, reaching the top of its bull flag. But is the Bitcoin current rally going to reverse? Find out what experts are predicting. The post Is Bitcoin Current Rally Just Another False Start? first appeared on Investorempires.com.
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Bitcoin Bulls Take BTC To $66,000, $130M Crypto Shorts Rekt
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Data indicates that the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin rose to the $66,000 level. Bitcoin has now recovered to the $66,000 level Last day was a great time for Bitcoin investors as the price showed a sharp recovery spurt, taking it to the $66,000…
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Lizzo and Cameron Diaz at the Fortune Most Powerful Women Summit
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Good morning from Laguna Niguel, where we’re about to kick off day two of the Fortune Most Powerful Women Summit. I’ve been particularly interested in conversations about how companies are using AI, from the NBA’s quest to create a hyper-personalized fan experience to Elf Beauty’s investment in training its algorithms…
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S&P 500 Forecast: UBS Predicts Index to Hit 6,200 by June 2025
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UBS maintains an S&P 500 forecast of 6,200 by June 2025, citing strong gains in AI and favorable U.S. economic conditions as driving factors. The post S&P 500 Forecast: UBS Predicts Index to Hit 6,200 by June 2025 first appeared on Investorempires.com.
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Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says
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One analyst explained how Ethereum could see a trend towards the $6,000 level if this historical pattern continues to hold for the asset’s price. Ethereum’s bullish channel may reveal its next destination In new mail On X, analyst Ali Martinez discussed the pattern that Ethereum’s one-week price is likely to…
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Discerning palate: Kenya outperforms UK at international wine tasters contest
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In a remarkable achievement, Kenyan wine tasters have bested traditional wine powerhouses such as England at the prestigious World Wine Tasting Championships, often called the “Olympics of Wine”. The event, held in France, sees competitors tasting a variety of unnamed wines, guessing their region, vintage and grape variety. This year…
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Discerning palate: Kenya outperforms UK at international wine tasters contest
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In a remarkable achievement, Kenyan wine tasters have bested traditional wine powerhouses such as England at the prestigious World Wine Tasting Championships, often called the “Olympics of Wine”. The event, held in France, sees competitors tasting a variety of unnamed wines, guessing their region, vintage and grape variety. This year…
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Bitcoin Mining Profitability Slumped In September – What’s In Store For October?
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According to a recent report from Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hash rate continued to rise. Bitcoin mining profitability is on a downward trend In a report published on Sunday, investment bank Jefferies explained that Bitcoin mining profitability fell in September compared to August.…
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Ex-Google chief warns red tape is stifling UK growth
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Eric Schmidt, former CEO of Google, has warned that excessive regulation and bureaucracy are holding back the UK’s economic growth and progress towards its net-zero targets. Speaking at an investment summit organized by Sir Keir Starmer, Schmidt suggested the UK government would benefit from appointing an “anti-regulation minister” to address…