Rick Rider, BlackRock’s chief investment officer, said cryptocurrencies, including Bitcoin, “are here to stay.” In addition, he said that Bitcoin is a sustainable method that can replace gold. BlackRock on Bitcoin and Gold Rick Reeder, chief investment officer (CIO) at BlackRock’s Global Fixed Income, spoke to CNBC’s SquawkBux on Friday …
Read More »The manager of the world’s largest crypto fund has said that Bitcoin is the next step in the evolution of money – and ‘I can’t use it to buy coffee’ is no longer a valid argument. Currency News | Financial and business news
Nicholas Economy / NourPhoto by Getty Images “Bitcoin is not the Fed that will go away,” said Michael Sonensen, managing director of Grayscale Investments. “Investors understand that ‘buying Bitcoin and putting it in their portfolio is a collection of value, an inflation hedge, a digital gold, a digital form of …
Read More »Unemployment benefits: 12 million Americans could lose aid only after Christmas
Since March, Montgomery – a New Yorker who also works as a voice teacher and tour guide – has not been able to find a steady job, but he has made weekly payments due to the historic expansion of benefits under the 2 trillion federal stimulus package. But now, with …
Read More »Panic purchase of toilet paper U.S. Hit again with new epidemic restrictions on stores
Here are the top headlines from Fox Business Flash. Check out what is clicking on FoxBusiness.com. LOS ANGELES / NEW YORK – Toilet paper isles are being emptied again as COVID-19 curfews and shutdowns in states ranging from California to New York send epidemic-bored shoppers to new hires for essentials. …
Read More »Culture Wars accelerates Trump’s blue-collar Latino advantage
Not his goal is to stop police violence, but disliking the “defense” slogan, Pereira said Trump’s improved standing with Latinos amid protests also reflects a little-discussed issue in Hispanic communities: blackness. It is an opinion held by other Latino critics as well as Black Lives Matter exhibitors. In context, the …
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