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☆ S&P 500 faces greater downside risk ahead, Bank of America says
▼ + stars: | 2024-07-29 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The odds of a pullback in the S & P 500 are higher now, according to Bank of America. "We are thus overdue for a pullback," wrote Subramanian, adding there is "elevated downside risk in coming months. In fact, the strategist expects the S & P 500 will end the year at 5,400. Just 50% have been triggered [today] vs. an average of 70% ahead of prior S & P 500 peaks." From 1936 to 2010, dividends contributed around 40% to S & P 500 total returns, but have only accounted for 15% since 2010.

Persons: Savita Subramanian, Subramanian Organizations: Bank of America, Nasdaq, Dow Jones, BofA Securities

☆ A massive tech sell-off and small-cap rally are just getting started. Make 5 investments to avoid missing out.
▼ + stars: | 2024-07-26 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Small caps should also get a boost from interest rate cuts, which typically translate to disproportionately large gains for the group. That helps confirm what investors are realizing: small caps are the place to be. When large caps sneeze, the market catches a coldThe small-cap breakout has coincided with large technology stocks breaking down. Small caps also tend to have less of an international presence than their larger peers, so they don't miss out as much when converting overseas profits to dollars. The small-cap index is closely tied to economically sensitive parts of the market, which should continue to participate in this rally.

Persons: —, chartmaster, BMO Capital Markets David Keller, who's, Russell, David Keller, StockCharts.com, Keller, you've, he'd, Keller didn't Organizations: Service, Tech, Nvidia, Meta, Business, BMO Capital Markets, BMO Capital, BMO, Therapeutics, Myriad Genetics, Holdings

☆ The Olympics will challenge mobile-network providers to satiate 15 million attendees' hunger for internet connectivity
▼ + stars: | 2024-07-25 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +7 min

The Olympics will challenge wireless providers as 15 million people seek internet access at once. To meet that expectation, telecommunications companies must bolster Paris' 5G network, the technology system that powers users' mobile-internet access. Harnessing private 5G infrastructureOrange is installing cellphone antennas on boats and extension units in sporting venues to bolster its 5G network. It uses 5G's network-splicing capabilities to reserve a part of the public 5G network for private use. To support the 2024 Olympics' connectivity needs, network providers must prepare to rely on 5G's strength.

Persons: —, they'll, Bertrand Rojat, Rojat, wouldn't, Stephen Giles, Giles, Katherine Ainley, Leila Jordan Organizations: Service, Olympic Games, KT Corp, Olympic, Broadcasters, Prix, UEFA European Football, Stade de France, Rugby, Cisco, NTT Data, International Olympic Committee, Ericsson Locations: Paris, South Korea, Tokyo, France, Orange, French, Ireland

☆ Earth’s Hottest Days Ever
▼ + stars: | 2024-07-25 | by ( ) www.nytimes.com time to read: +1 min

This past Sunday was the warmest single day ever recorded, according to the Copernicus Climate Change Service, the European Union-funded research organization. That is, until Monday, when global temperatures inched up a bit more. Then Monday became the hottest day in modern history, with an average global temperature of 17.16 Celsius or 62.88 Fahrenheit. The previous record for the planet’s warmest day came last July. “What is truly staggering is how large the difference is between the temperature of the last 13 months and the previous temperature records,” said Carlo Buontempo, director of Copernicus.

Persons: ”, Carlo Buontempo, Copernicus Organizations: European Union

☆ Usher was 'never frivolous with spending' as a teen star. Now he helps teach young people financial literacy
▼ + stars: | 2024-07-24 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

In 1994, at just 15 years old, Usher Raymond IV, more commonly known as Usher, rose to fame after releasing his first album. Earning more money than most teens, Raymond could have easily splurged on expensive things like clothes and jewelry, but he says he chose a different path. "Surprisingly, I was never frivolous with my spending," Raymond tells CNBC Make It. "It wasn't until my latter years that I decided to buy cars and jewelry and things that would obviously depreciate." His hope is that his children will follow in his footsteps and do the same.

Persons: Usher Raymond IV, Usher, Raymond, he's Organizations: CNBC

☆ I'm raising my kids in a town with fewer than 1,500 people. Cost of living is cheap, but we need to drive to find diversity.
▼ + stars: | 2024-07-19 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

But before my second was born, my family moved to rural New Hampshire for my husband's job. The kids' school (a town over) is 20 minutes from home, while the grocery store is 25. When the kids inevitably break a bone during their adventures, we need to drive 45 minutes to the hospital. My life feels more relaxed hereAfter three years of living in that town, going even more rural felt like an easy choice. My kids didn't choose to live in the middle of nowhere, and I don't want it to hold them back.

Persons: —, I'm, Maxx I'd Organizations: Service, YouTube, Business, Walmart Locations: Boston, New Hampshire, Vermont, Massachusetts

☆ David Duchovny says a director used a megaphone to tell him when to orgasm during his first sex scene in 1991
▼ + stars: | 2024-07-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewDavid Duchovny said a director used a megaphone to tell him when to orgasm as he filmed the first sex scene of his career for the 1991 movie, "The Rapture." Duchovny's experience filming his first sex scene for "The Rapture" sheds light on the haphazard way they often filmed. AdvertisementRecalling shooting the scene, Duchovny said in an interview for Business Insider's Role Play series: "Forget about intimacy coordinators. Fine Line FeaturesDuchovny did not clarify whether director Michael Tolkin or another crew member used the megaphone. How's everybody going to be safe?

Persons: —, David Duchovny, Sharon, Mimi Rogers, Randy, Duchovny, David Lynch's, Fox Mulder, I'm, Stéphanie, Michael Tolkin, Tolkin, Alicia Rodis, Hank Moody, we're Organizations: Service, Business, HBO Locations: Santa Monica

☆ David Duchovny on His Best Movie & TV Roles: 'the X-Files,' 'Californication,' 'Zoolander'
▼ + stars: | 2024-07-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +11 min

He's also continued to stretch himself as an actor, tackling roles like hedonist writer Hank Moody in "Californication" and Method actor Ryan Glenn in HBO's "The Sympathizer." On how 'The X-Files' became his acting schoolDavid Duchovny and Gillian Anderson as Mulder and Scully on "The X Files." On directing Robin Williams and playing the straight man in 'Zoolander'Duchovny with Robin Williams at the "House of D" premiere. HBOThis year, you starred in "The Sympathizer" as Ryan Glenn who, respectfully, is an absolute maniac Method actor. I don't think it's something anybody ever taught.

Persons: David Duchovny, Fox Mulder, Duchovny, Chris Carter, He's, Robin Williams, Frank Langella, Bucky, cking Dent, Hank Moody, Ryan Glenn, Gillian Anderson, Mulder, Scully, It's, hasn't, I'm, Zoolander, Robin, Téa Leoni, Badu, Anton Yelchin, Robin hadn't, Ben Stiller, Gene Hackman, Natascha, I've, we're, it's, that's, That'd, Strasberg, you've, Marty, Ted, Logan Marshall, Green Organizations: FBI, Business, Fox, New York Daily, Paramount, Showtime, HBO Locations: HBO's, Santa Monica, Hollywood

☆ Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps
▼ + stars: | 2024-07-17 | by ( Photographs | Text Ben Buckland | ) www.nytimes.com time to read: +14 min

Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps Nostalgic for a time before ubiquitous connectivity, a writer ditched his phone and relied instead on serendipity — and maps made by people he met along the way. So perhaps the most difficult day was also the day I knew for sure that I would make it — that I’d find my way across Switzerland with nothing but the hand-drawn maps of strangers. The map I’m using was drawn by Susana, a Portuguese woman who married into a local family and now runs a mountain refuge near the village of Grindelwald. Days 9 and 10 43 miles, through the original heart of Switzerland and the turquoise lakes of the canton of Glarus. This is the heart of Switzerland — the original cantons that formed the Old Swiss Confederacy, the precursor to the modern-day country.

Persons: Chris, Rocher de Naye, Melanie, Col de Chaude, d’Oex, “, ”, I’ve, ” I’ve, Rudy, Nestor, Dora, haven’t, Sherlock Holmes, Susana, I’m, Simon, he’s, They’re, Kris, Andy Clark, we’ve, it’s, Peter, Andrea, won’t, Jon, you’re Organizations: Sparta —, Restaurant, Energy, Swiss Confederacy Locations: Switzerland, American, Lake Constance, Lake Geneva, Montreux, Caux, Europe, Col, Charlotte, Gstaad, Bernese, xenia, Lenk, Adelboden, Lake, Portuguese, Grindelwald, Meiringen, Engelberg —, Tasmania, Swiss, Danish, Glarus, Schwyz, Liechtenstein

☆ Covid-19’s back. Should you be worried?
▼ + stars: | 2024-07-16 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

CNN: How much should people worry about Covid-19 infection now that there is a resurgence of cases? Whether people should worry about Covid-19 infection depends on their specific medical circumstances. CNN: A lot of people are eager to get another Covid-19 vaccine to best protect them during the summer wave. Wen: There is a new formulation of the Covid-19 vaccine coming out soon. For the next five days, they should still try to take additional precautions such as masking and limiting close contact with others.

Persons: CNN —, Doug Emhoff, Leana Wen, Wen, it’s, wanes Organizations: CNN, US Centers for Disease Control, Covid, CDC, de France, George Washington University Locations: United States

☆ 4 charts show why Wall Street's most bullish strategist expects the stock market to triple by 2030
▼ + stars: | 2024-07-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Here are the four charts that show why Lee is so bullish on the stock market. AdvertisementHere are the four charts Lee shared with Business Insider that show why the already upbeat forecaster is so bullish on the stock market. Stock market peaks and demographicsFundstratThe stock market has a history of peaking right around the same time a population hits its peak prime age of around 50 years old, as they are closer to retirement and often spend less money. Fast-forward to 1974, when the silent generation saw its prime age peak. This occurred around the same time as a painful stock market correction of about 35% that lasted years.

Persons: Fundstrat's Tom Lee, Lee, —, Tom Lee, millennials Fundstrat Lee Organizations: Service, Business, CNBC, Urban Institute, Tech Locations: America

☆ I spent 3 days hiking Big Bend. The famous national park had some cool views, but I'd never go back.
▼ + stars: | 2024-07-14 | by ( Isobella Jade | ) www.businessinsider.com time to read: +6 min

Read previewWhen my fiancé said he had a few days off from work at the end of May, we quickly planned a trip to Big Bend National Park. I hadn't realized just how massive Big Bend National Park would feel at 1,200 square miles of land or just how spread out its landmarks were. In Big Bend, temperatures can hit 100 degrees Fahrenheit by late morning in May. Many find Big Bend to be paradise, but I'm not sure it was for meThe Balanced Rock is a famous photo opportunity in Big Bend. I learned Big Bend is not a park where one can just "wing it."

Persons: —, Jade, hadn't, Ross Maxwell, I'd, Isobella Jade, it's, I'm, Big, we'd Organizations: Service, Big, Business Locations: Big Bend, Rio Grande, Houston, Santa, Rio, Mexico, Santa Elena, Texas

☆ Taiwan on alert over 'waves' of missile tests in north China
▼ + stars: | 2024-07-13 | by ( ) www.cnbc.com time to read: +2 min

Taiwan's defense ministry said on Saturday it was monitoring "waves" of missile tests taking place in China's far northern region of Inner Mongolia and that its air defense forces were on alert. Taiwan's forces are continuously monitoring developments and the air defense forces are on alert, the ministry said, without giving details. China's defense ministry did not answer calls seeking comment outside of office hours. Taiwan operates powerful radar stations on some of the peaks of its central mountain range that can look far into China, according to security sources. China detests Taiwan President Lai Ching-te, who took office in May, calling him a "separatist", and has increased its military pressure including war games since his inauguration.

Persons: Nancy Pelosi, Lai Ching, Lai Organizations: Peoples, China's, Force, U.S . House, Taiwan Locations: Beijing, Peoples Republic of China, China's, Inner Mongolia, Taiwan, China, Taipei

☆ A part-time trader who gained 127% in 5 months this year shares how he finds stocks and an 'immediate' buy signal for an imminent breakout
▼ + stars: | 2024-07-13 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Read previewJohn Rodrigues works a full-time 9-to-5 job as an associate manager in operations at PGIM, Prudential's investment management arm. And vice versa, if the index is high, it signals high volatility and fearful investors, indicating that the market may be reaching a low. Here, he can see different metrics for stocks, allowing him to watch for signals he likes to trade on. He also looks at the stock's day's volume; if it rises above 25% of its 50-day volume, it's another likely trade. But perhaps one of the best signals that a breakout is about to really outperform the market is those with very high volume relative to the past two years.

Persons: —, John Rodrigues, doesn't, Bob Brinker, Brinker, Rodrigues, Norman Zadeh, " Rodrigues Organizations: Service, New York Stock Exchange, Business, Companies, Nasdaq, Investors Intelligence, IBD, Micro Locations: PGIM, Chicago

Supply and DemandThe case for housing deregulation starts with Econ 101: Allowing builders to significantly increase housing supply leads to much lower prices. It isn’t rising demand, as the U.S. population rose even faster back when housing prices were roughly stable. Standard of LivingWhat would happen if homebuilders could once again freely build until housing prices were driven back down to cost? The admittedly small number of studies on the link between YIMBY and babies support common sense: Less regulation lowers housing prices, and lower housing prices generally raise birth rates and hasten child-bearing. In a rational world, the panacea policy of housing deregulation would be a done deal.

Persons: Ben Denzer, Taylor, Wharton, homebuilders, Thomas Piketty’s, ”, Matthew Rognlie, Peter Ganong, Daniel Shoag, Anne Case, Angus Deaton Organizations: Republicans, Research, Area, Wharton, Francisco, Francisco Los Angeles New, Francisco Los Angeles New York Phoenix Denver Houston Dallas, Japan Japan France France Britain Britain, Japan Japan France France Britain Britain Canada, → Utah Nevada Arizona New, San, San Francisco New, Atlanta Houston Boston, Democrats, Republican Locations: Minnesota , Oregon, California, New York City, Houston, Dallas, Francisco Los, Francisco Los Angeles New York, Wharton, United States, Japan, France, Britain, Canada, U.S, Japan Japan France France, Japan Japan France France Britain Britain Canada Canada, Bay, Dodge, → California Nevada Florida New York Arkansas, → Utah Nevada Arizona, → Utah Nevada Arizona New York West Virginia, Washington, San Francisco, San Francisco New York Los Angeles Rochester, N.Y, Atlanta

☆ Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross
▼ + stars: | 2024-07-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Tesla is acting like a meme stock right now, according to legendary bond investor Bill Gross. AdvertisementTesla is acting like a meme stock right now, according to legendary bond manager Bill Gross. In a post to X on Tuesday, Gross said of the electric vehicle company:Tesla acting like a meme stock — sagging fundamentals, straight up price action. But then there seems to be a new meme stock every other day now. — Bill Gross (@real_bill_gross) July 9, 2024The comments from Gross come amid an ongoing surge in Tesla stock.

Persons: Tesla, Bill Gross, Gross, —, Zapp, — Bill Gross, Keith Gill Organizations: Service, GameStop, Chewy

☆ What the rest of hurricane season could hold after Beryl made early-season history
▼ + stars: | 2024-07-09 | by ( Mary Gilbert | ) edition.cnn.com time to read: +9 min

Collin Reid/AP A boat damaged by Hurricane Beryl lies on its side at a dock in Kingston on Thursday. Leo Hudson/AP Simone Francis gathers items from her home that were blown away by Hurricane Beryl in Old Harbor, Jamaica, on Thursday. Ricardo Hernandez/AP Pastor Winston Alleyne clears trees felled by Hurricane Beryl in St. Vincent and the Grenadines on July 2. Lucanus Ollivierre/AP Fishing boats, damaged by Hurricane Beryl, sit in a heap at the Bridgetown Fisheries in Barbados on July 1. Randy Brooks/AFP/Getty Images Brad Reinhart, senior hurricane specialist at the National Hurricane Center in Miami, tracks Hurricane Beryl on July 1.

Persons: Beryl, Phil Klotzbach, Beryl –, –, “ Beryl, ” Klotzbach, Mark Felix, Hurricane Beryl, Brandon Bell, Blake Braun, Dolly, Port, Jon Shapley, Eddie Seal, Fernando Llano, Everton Evanks, Elizabeth, Joe Raedle, Collin Reid, Leo Hudson, Simone Francis, Hurricane, Paola Chiomante, Marco Bello, Jose Luis Gonzalez, Vincent, Lucanus, Arthur Daniel, Samir Aponte, Ricardo Hernandez, Winston Alleyne, Ricardo Mazalan, Sylvia Small, Matthew Dominick, Chandan Khanna, Randy Brooks, Brad Reinhart, Gilbert Bellamy, “, Mona Hemmati, Beryl “, ” Hemmati, Hurricane Beryl churns, Beryl Beryl’s, Alberto, Chris –, El Niño, CNN’s Rachel Ramirez Organizations: CNN, Colorado State University, Getty, Houston Chronicle, AP, Bloomberg, Everton, National, Reuters, Wednesday, Reuters Workers, AP Homes, Bridgetown Fisheries, NASA, National Hurricane Center, Klotzbach, Climate, Hurricane, Colorado State, National Hurricane Locations: Caribbean, Surfside Beach , Texas, AFP, Houston, Hurricane, , Texas, Port Aransas , Texas, Tulum, Mexico, St, Elizabeth Parish, Jamaica, Kingston , Jamaica, Kingston, Old Harbor, Cancun , Mexico, Playa del Carmen, Union, Kingstown, Grenadines, Petite Martinique, Cumanacoa, Venezuela, Santo Domingo, Dominican Republic, Bridgetown, Barbados, Oistins, Hastings, Miami, Columbia, Africa, United States

☆ Affirm's CEO opens up about the buy-now, pay-later company's IPO and why he doesn't sweat when the stock slumps
▼ + stars: | 2024-07-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Max Levchin, Affirm's CEO and a PayPal alum, shares advice for founders considering going public. As a buy-now, pay-later company, Affirm's business model was built on the promise of repayment as it enabled consumers to finance their online purchases. As the pipeline of IPOs starts to build up again, including the anticipated debut of Affirm's buy-now, pay-later rival Klarna, Business Insider spoke with Levchin about Affirm's IPO. It's not uncommon to see startups hiring executives such as a president or CFO in anticipation of going public. Since Affirm's CFO and chief legal officer largely spearheaded the IPO process, Levchin said he was left to focus on the company's short- and long-term plans for the capital.

Persons: Max Levchin, —, Levchin, Affirm's, he'd, PayPal, It's Organizations: Nasdaq, PayPal, Service, Business, underwriters

☆ Fossil analysis reveals how Denisovans thrived on the ‘roof of the world’
▼ + stars: | 2024-07-06 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —The grasslands, glaciers and snow-tipped peaks of the Tibetan Plateau are breathtaking, but the vast expanse in Central Asia is also one of Earth’s harshest environments. Archaeologists long believed the Tibetan Plateau — more than 13,000 feet (about 4,000 meters) above sea level — was one of the last places on the planet to be settled. We are familyBaishiya Karst Cave is seen at the edge of Ganjia Basin on the Tibetan Plateau. Now, Baishiya Karst Cave, on the northeastern edge of the Tibetan Plateau, is helping answer many questions about who the Denisovans were. The analysis is shedding light on how the extinct humans thrived in the ice age environment for more than 100,000 years.

Persons: Bill Nelson, BRIN, Gerard Talavera, nestmates, Ashley Strickland, Katie Hunt Organizations: CNN, Lanzhou University Researchers, China National Space Administration, NASA, Apollo, FBI, BRIN Google, Scientists, Botanical Institute of Barcelona, CNN Space, Science Locations: Central Asia, Ganjia, Siberia, Tibetan, China, what’s, Indonesia, India, Bangladesh, Delta, Guiana, Talavera, Spain, —, Massachusetts

☆ A software consultant who trades stocks gained 805% in 2023 betting on observable chart patterns. He shares the signal he uses to find reversals.
▼ + stars: | 2024-07-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Read previewGoverdhan Gajjala is a day trader who is also a software consultant working from home. The flexibility of his day-to-day schedule opened a doorway to pick up stock trading as a side gig. Too many unknowns, including sudden news headlines, could pop up along the way and impact a stock's price. For him, this meant turning to day trading, where stocks are only held between seconds to hours but not overnight. He joined the course's private access program, a paid educational platform for trading stocks, and spent a year learning the content.

Persons: —, it's, Gajjala, Mark Minervini, Norman Zadeh Organizations: Service, Business, US, PSQ

☆ Japan's stock markets keep testing new highs. Is the rally sustainable?
▼ + stars: | 2024-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

This week, the Nikkei and the broad-based Topix surpassed previous records to hit fresh all-time closing highs on Thursday. Earnings are the single driver to the current market rally, Jesper Koll, expert director at Tokyo-based financial services company Monex Group, told CNBC. watch nowJapan's largest union, commonly referred to as Rengo, announced that Japanese companies have delivered the largest wage hikes in 33 this year. Koll told CNBC this week: "I stand by my forecast — the Nikkei 225 is poised to climb to 55,000 before the end of next year." A note by Nomura, published Thursday, said the gains on the Nikkei and Topix do not look appear sustainable.

Persons: Richard A, Brooks, Jesper Koll, Koll, —, Rengo, Nomura Organizations: Tokyo Stock Exchange, Afp, Getty, Nikkei, Monex, CNBC, Japan's Locations: Nihonbashi, Tokyo, Japan

☆ Mt. Everest may be the tallest mountain to climb, but it's not the most difficult. Factors like technique and commercialization contribute, according to 3 professional mountaineers.
▼ + stars: | 2024-07-05 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Everest is the world's tallest peak, that doesn't mean it's the most difficult to climb, according to three professional mountaineers. Jenn DrummondDon't let the name fool you — when it comes to difficulty, there's nothing secondary about the Seven Second Summits. Unlike the seven highest summits, some of the Seven Second Summits involve skiing and rock climbing in addition to hiking. AdvertisementOut of all the Seven Second summits, Mt. Climbing Mt.

Persons: —, Jenn Drummond, Drummond, there's, Jake Meyer, Garrett Madison, it's, crevasses —, Alan Arnette, Arnette, Jason Maehl, Madison Organizations: Service, Mountaineers, Business, Everest Locations: Everest, Kilimanjaro, . Logan, Nepal, Kathmandu, Logan, Tyree, Mt . Logan, Mt, Lhotse, Nuptse

☆ Japan stocks extend rally to hit fresh all-time highs amid mixed Asia-Pacific markets
▼ + stars: | 2024-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Asia-Pacific markets were mostly up, with Japan's key benchmark hitting new highs on Friday, after scaling record peaks in the previous session. The broad-based Topix also extended its gains and advanced 0.06% to a fresh record high. Japan's household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year. Household spending data is a key metric for the Bank of Japan's to assess its goal of realizing a "virtuous cycle" of rising wages and prices.

Persons: Topix Organizations: Nikkei, Reuters, Bank of Japan's Locations: Tokyo, Asia, Pacific, Singapore

☆ Investor demand returns to bitcoin despite stagnant price, data shows
▼ + stars: | 2024-07-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Crypto investors have been feeling a kind of déjà vu with the sluggish price of bitcoin having barely budged for months now. However, data shows demand for the cryptocurrency has slowly been returning and could soon be reflected in prices. The increase in bitcoin price, however, will depend on growing demand for bitcoin, which usually increases before showing up in prices, he added. "This is typically a high growth rate, so we are already in a high demand growth environment. … Last February-March, prices rallied stronger when demand growth surpassed 6% month-over-month growth."

Persons: Bitcoin, Julio Moreno, Moreno, Nexo, Antoni Trenchev Organizations: CNBC, U.S Locations: U.S

☆ My brother drowned trying to save someone else on the Fourth of July. I dread the holiday every year.
▼ + stars: | 2024-07-03 | by ( Janet Funk | ) www.businessinsider.com time to read: +6 min

While the rest of America is celebrating, I'm reliving the day my brother drowned, the day my family went from eight kids to seven. My brother Dave and I drove up together on July 3. Janet Funk and her oldest brother, Paul. Paul, Dave, and Tom jumped up and followed him. They were halfway there when Robbie went under.

Persons: I'm, Paul, Sue, Tom, Carol, Ellen, Robbie, Dave, Janet Funk, Janet Funk Robbie, Robbie waded, — Organizations: Service, Business, Irish Catholic Locations: America, Lake Erie

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