Author: iannouncethis.com

Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG Pactual’s dollar-pegged stablecoin, in Crypto.com’s platform, and its promotion in several significant trading pairs with bitcoin and ethereum. Crypto.com to List BTG Pactual-Issued Dollar […] Source link

Rental arrears claims have climbed by 50% in the year to December, highlighting how stretched tenants have become, data released by Reposit has revealed. There was also a significant uptick in the value of claims, rising from £1,344 in October to £2,108 in November, before maintaining high levels at £1,954 in December. Ben Grech, chief executive of Reposit, said: “The increase in rent arrears is obviously reflective of tough times for tenants, but this naturally has a knock-on effect for landlords, who are facing their own challenges with Renters Reform and higher mortgage rates.” Grech added: “It naturally increases the…

Icahn Enterprises LP’s stock IEP, +1.65% was down 2% on Wednesday, after the investing arm of billionaire activist investor Carl Icahn posted an unexpected fourth-quarter loss. The company had a net loss of $139 million, or 33 cents per unit, for the quarter, narrower than the loss of $255 million, or 74 cents per unit, posted in the year-earlier period. Revenue fell to $2.644 billion from $3.280 billion a year ago. The FactSet consensus was for per-unit earnings of 21 cents and revenue of $2.358 billion. Indicative net asset value was $4.76 billion at year-end, down about $411 million from…

Dallas Tanner, Invitation Homes CEO, joins ‘Closing Bell: Overtime’ to discuss the rising rate environment and its impact on the housing market For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:…

This year is the 50th anniversary of the Employee Retirement Income Security Act of 1974 (ERISA), so Yale Law School professor John Langbein’s recent article “ERISA’s Role in the Demise of Defined Benefit Pension Plans” seemed timely.  My view is that a lot of factors contributed to the demise of defined-benefit, or DB, plans and ERISA was just one more on the list. Langbein gives ERISA more prominence, arguing that the 1974 legislation “ultimately sealed the fate of the American DB pension system.”  First, a brief history. Retirement plans date from the last quarter of the 19th century when a…

In a major shift within the financial industry, Fidelity Investments, with its colossal $12.6 trillion in assets under administration, is now recommending that the traditional 60/40 portfolio model should evolve to include a 1-3% allocation to crypto, specifically through its spot Bitcoin ETF (FBTC). This groundbreaking move is not just a nod to the burgeoning crypto market but a potential catalyst for unprecedented demand, potentially channeling hundreds of billions of dollars into Bitcoin. Fidelity recommends crypto allocation in a 60/40 portfolio | Source: Fidelity Matt Ballensweig, Head of Go Network at BitGo, took to X (formerly Twitter) to express his…

Chetwood Financial has appointed Roselle Allsop as its new director of marketing. Founded in 2016, Wrexham-based Chetwood Financial is a digital bank that has multiple consumer products and is soon to launch ModaMortgages, a new specialist buy-to-let (BTL) mortgage lender. Allsop has more than 23 years’ experience in marketing within financial services, including several roles at senior management level, providing strategic direction, setting strategy, and specialising in brand creation. She has played an instrumental role in developing some of the UK’s leading specialist lender and challenger bank brands. These include the award-winning brands Precise Mortgages, Charter Savings Bank and Charter…

Viking Therapeutics Inc.’s stock soared 90% Tuesday to a record high, after the company announced positive results from a Phase 2 trial of its weight-loss drug VK2735, a GLP-1 receptor agonist that it’s developing in both injectable and oral form as a treatment for obesity and diabetes. The stock VKTX, +92.65% was on track for its biggest one-day percentage gain since May 31 of 2018 when it rose more than 100%. Volume of 21.6 million shares traded far eclipsed the average of 3.17 million a day for the last 65 days. The trial met all primary and secondary endpoints, showing…

***** 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐛𝐥𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐀𝐛𝐨𝐯𝐞 𝐕𝐢𝐝𝐞𝐨****** 𝐓𝐡𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐛𝐮𝐭 𝐧𝐨𝐭 𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐭𝐨 𝐚𝐧𝐲 𝐚𝐫𝐭𝐢𝐜𝐥𝐞𝐬, 𝐧𝐞𝐰𝐬, 𝐪𝐮𝐨𝐭𝐞𝐬, 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐝𝐚𝐭𝐚, 𝐭𝐞𝐱𝐭, 𝐫𝐞𝐩𝐨𝐫𝐭𝐬, 𝐫𝐚𝐭𝐢𝐧𝐠𝐬, 𝐨𝐩𝐢𝐧𝐢𝐨𝐧𝐬, 𝐢𝐦𝐚𝐠𝐞𝐬, 𝐩𝐡𝐨𝐭𝐨𝐬, 𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐬, 𝐠𝐫𝐚𝐩𝐡𝐬, 𝐜𝐡𝐚𝐫𝐭𝐬, 𝐚𝐧𝐢𝐦𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐯𝐢𝐝𝐞𝐨 (𝐂𝐨𝐧𝐭𝐞𝐧𝐭) 𝐢𝐬 𝐚 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐨𝐟 𝐊𝐚𝐥𝐤𝐢𝐧𝐞 𝐌𝐞𝐝𝐢𝐚 𝐏𝐭𝐲 𝐋𝐭𝐝 (𝐊𝐚𝐥𝐤𝐢𝐧𝐞 𝐌𝐞𝐝𝐢𝐚, 𝐰𝐞 𝐨𝐫 𝐮𝐬), 𝐀𝐂𝐍 𝟔𝟐𝟗 𝟔𝟓𝟏 𝟔𝟕𝟐 𝐚𝐧𝐝 𝐢𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐟𝐨𝐫 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐧𝐨𝐧-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐮𝐬𝐞 𝐨𝐧𝐥𝐲. 𝐓𝐡𝐞 𝐩𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐩𝐮𝐫𝐩𝐨𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 𝐢𝐬 𝐭𝐨 𝐞𝐝𝐮𝐜𝐚𝐭𝐞 𝐚𝐧𝐝 𝐢𝐧𝐟𝐨𝐫𝐦. 𝐓𝐡𝐞 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 𝐝𝐨𝐞𝐬 𝐧𝐨𝐭 𝐜𝐨𝐧𝐭𝐚𝐢𝐧 𝐨𝐫 𝐢𝐦𝐩𝐥𝐲 𝐚𝐧𝐲 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐨𝐩𝐢𝐧𝐢𝐨𝐧 𝐢𝐧𝐭𝐞𝐧𝐝𝐞𝐝 𝐭𝐨 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐦𝐮𝐬𝐭 𝐧𝐨𝐭 𝐛𝐞 𝐫𝐞𝐥𝐢𝐞𝐝 𝐮𝐩𝐨𝐧 𝐛𝐲 𝐲𝐨𝐮 𝐚𝐬 𝐬𝐮𝐜𝐡. 𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞…

SOME RACES are over before they really get going. So it can seem in the contest to make the best large language models (LLMs). These algorithms power generative artificial intelligence that can produce humanlike text and other output. OpenAI, the American creator of ChatGPT, appears leagues ahead. It has made the world’s most powerful LLM, called GPT-4. The company is gobbling up talent, data and computing power to build cleverer models. As a result, it attracts more users, and with them more capital to pour into even more sophisticated models.But a French startup called Mistral is trying to throw a…