Mastercard Crypto Credential debuts in UAE and Kazakhstan
The expansion will enable exchanges as well as Fuze to secure blockchain transactions for users in the region.
Weis Markets adds Medicare, Medicaid payment options
Medicare Advantage, Medicaid, and Commercial cardholders can now use a prepaid card at over 200 Weis Market locations
Elon Musk says DOGE’s $2 trillion target for federal spending cuts was just a best-case scenario
Elon Musk initially pledged to cut some $2 trillion from the federal budget, alongside his DOGE partner, politician Vivek Ramaswamy.
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Energy stocks take 'early lead' in 2025 as natural gas shines
Energy stocks started the new year with a bang as January proves to be a robust month for oil and gas.
Alzheimer’s disease market expected to reach $19.3bn across the 8MM by 2033
While the Alzheimer’s market is projected to experience strong growth throughout the forecast period across the 8MM, unmet needs beyond access to treatment will remain.
Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S. central bank comes into the new year facing a resilient economy and inflation that remains above its 2% target. "We are currently pretty close to meeting our dual mandate of price stability and full employment" and, "with inflation close to target and growth showing continued momentum, I believe we are near the point where the economy needs neither restriction nor support and that policy should be neutral," Schmid said in the text of a speech to be delivered before the Economic Club of Kansas City. In the current environment, "interest rates might be very close to their longer-run level now," Schmid said.
Financial advisors are recommending crypto more than ever, survey says
Cryptocurrency has been steadily gaining mainstream acceptance, and the support it received from President-elect Donald Trump during the 2024 election helped solidify its status as a household name in the United States. A new survey suggests that its growing popularity is driving a significant shift among financial advisors, and they are expected to show a greater willingness to invest in crypto in 2025—a transformation that seemed almost unimaginable just a few years ago.
December jobs report expected to show hiring slowdown, steady unemployment rate
Economists expect the latest jobs report to show the labor market continued to cool in December but not enough to prompt a Federal Reserve interest rate cut in January.
'Big Short' investor Michael Burry kept quiet, piled into China tech, and won big with a stock bet in 2024
Michael Burry refrained from posting on X, bet big on a trio of Chinese tech giants, and saw one stock wager pay off last year.