• Dec 12, 2024

4 Brilliant Reasons Why Apple Should Buy Bitcoin

At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (CRYPTO: BTC). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet. While no proposal is on the docket for Apple (NASDAQ: AAPL), the world's most valuable company, I believe the consumer tech juggernaut should start thinking about the world's top cryptocurrency.

  • Dec 12, 2024

New Spirit Airlines Notes Reveal Market’s Debt-Deal Anxiety

(Bloomberg) -- Certain Spirit Airlines Inc. bondholders obtained special protection in a $840 million financing deal poised to propel the airline out of bankruptcy, guarding them from financial restructurings that have roiled debt investors in recent years by favoring some creditors over others.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud C

  • Dec 12, 2024

Wall Street hopes rate cuts will force clients out of cash in 2025

Cash in money markets rose by about $824 billion this year, according to Crane Data, dashing expectations it would find a home in stocks or bonds as the Federal Reserve began cutting rates. Proponents of the asset class have said they are happy earning rates of around 4% - far above the near-zero return cash was paying only a few years ago - with comparatively little risk. Cash in money markets stood at $7.124 trillion as of Dec. 5, according to Crane Data.