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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMatt Cole, Strive CEO, joins ‘Fast Money’ to discuss investing in bitcoin bonds and the cryptocurrency outlook in 2025.04:345 hours ago Source link

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US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024. Daniel Steinle | Bloomberg | Getty ImagesIn 2023, the Supreme Court blocked Biden’s plan to deliver wide-scale student loan forgiveness for tens of millions of borrowers.But the Biden administration still managed to wipe away a large share of the country’s outstanding student debt by improving the Education Department’s existing debt relief programs.”Four years ago, President Biden made a promise to fix a broken student loan system,” said U.S. Secretary of Education Miguel Cardona in a statement.”We rolled up our sleeves and, together, we fixed existing…

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An Apple Store in the Jiefangbei commercial district, adorned with a golden apple and snake motif to celebrate the Chinese Year of the Snake, on Jan. 14, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayS&P 500 snaps three-day winning streakU.S. markets fell on Thursday, with the S&P 500 snapping its three-day winning streak. Treasury…

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Railway builders erect a box girder at the site of the standard project in front of the Huning section of the Shanghai-Nanjing-Hefei high-speed railway in Suzhou, Jiangsu province, China, on January 10, 2025. Costfoto | Nurphoto | Getty ImagesChina’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.Fourth-quarter GDP beats expectations with 5.4% growth, according to China’s National Bureau of Statistics. Reuters-polled economists had estimated a 5.0% growth in the final quarter.That was faster growth compared with…

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View of Space X’s Starship on the launch pad for its seventh test flight, in Boca Chica, Texas, U.S.Maxar Technologies | Via ReutersSeveral commercial flights were diverted or delayed after SpaceX’s Starship rocket broke up during its seventh flight test on Thursday.Dozens of flights were affected, according to flight-tracker Flightradar24.The Federal Aviation Administration said it “briefly slowed and diverted aircraft around the area where space vehicle debris was falling” after it issued a warning to pilots about “dangerous area for falling debris of rocket Starship.”The rocket took off from SpaceX’s facility near Brownsville, Texas, shortly after 5:30 p.m. ET, and was headed…

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Mr. Ben-Gvir had already proved to be an unreliable and troublesome coalition partner. Demanding wage hikes for the police, he refused to support the government in passing a crucial piece of legislation last month, forcing Mr. Netanyahu to leave his hospital bed as he was recovering from prostate surgery and vote in the assembly to make sure the law passed.Mr. Netanyahu has held frequent and lengthy meetings with Mr. Smotrich in recent days to persuade him to remain in the coalition. After three hours of talks between Mr. Smotrich and his party’s lawmakers on Thursday, the party issued an ultimatum…

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CNBC’s Jim Cramer on Thursday mused about how President Joe Biden impacted stocks and reviewed a prevalent question among executives — whether the market performed because or in spite of the administration.”Look, maybe it didn’t matter. Everything turned out to be just fine. Could it have been even better? Of course. Maybe it will be with President-elect Trump, but maybe it won’t,” he said. “Ultimately, I think that a president should develop a good relationship with the business community…Biden was, indeed, needlessly antagonistic.”Cramer suggested that Biden was reluctant to meet with top CEOs, saying many he’s heard from wish the…

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Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware. (Justin Sullivan | Getty ImagesApple has temporarily disabled Apple Intelligence summaries for news apps for users of its beta software in a sign of the challenges the company is dealing with in its AI technology. The decision to pause AI summaries comes weeks after the BBC highlighted that Apple’s AI system had twisted its news notifications to display inaccurate facts. The pause only affects…

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