The value of Bitcoin (BTC) has exceeded the threshold of 66,895 dollars for the first time in his history. Chesnot | Getty Images This week marked a milestone for cryptocurrency as investors started trading the first U.S. bitcoin futures exchange-traded fund, exceeding other ETF launches, and another followed Friday.  These funds invest in bitcoin futures
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Some employers are announcing staffs can work from home permanently. Others have demanded all employees return to the office. A third group will embrace some form of compromise solution, meaning in-office employees will have to share square footage with space and equipment enabling video conferencing by home-based workers. Most offices will need to accommodate videoconferencing
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In this article SAM Boston Beer Chairman Jim Koch told CNBC on Friday the company decided to throw away excess supply of Truly hard seltzer, instead of discounting it, in response to a categorywide sales slowdown. “We were very aggressive about adding capacity, adding inventory, buying raw materials, like cans and flavors, and, frankly, we
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In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
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A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson‘s
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A forensic investigation commissioned by 19,000 retirees participating in the State Teachers Retirement System of Ohio spurs a special audit by State Auditor. “The information obtained to date supports a reasonable basis for conducting a special audit,” says Auditor. As absurd as it seems, participants in pensions historically have had virtually no say in how
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Hedge fund manager David Tepper has turned somewhat bearish on the stock market, citing uncertainties around interest rates and inflation. “I don’t think it’s a great investment right here,” Tepper said Friday on CNBC’s “Halftime Report.” “I just don’t know how interest rates are going to behave next year… I don’t think there’s any great
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