Panama Canal drought forces Maersk to start using ‘land bridge’ for Oceania cargo
Shipping giant Maersk informed clients this week that the Panama Canal’s low water levels are forcing it to move Oceania cargo by a land bridge.
Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut
Bitcoin gave back gains Thursday after a brief run to $49,000 on the back of the SEC’s landmark approval of spot bitcoin ETFs.
What to know before buying the first bitcoin ETFs. FOMO ‘is a poor investment strategy,’ expert says
The U.S. Securities and Exchange Commission has approved the first U.S. spot bitcoin exchange-traded funds. Here’s what to know before buying these assets.
Spot bitcoin ETFs swing in first day of trading, but show strong investor interest: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Amazon’s Audible unit lays off about 5% of staff
Audible CEO Bob Carrigan said the move was being made in an effort to position the unit “for continued success,” according to a memo viewed by CNBC.
Big Tech had a huge 2023. Why it may be time to part with some of your winners
Portfolio rebalancing is the right thing to do, but few are thrilled to part with their hottest holdings.
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.
Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
JPMorgan told clients the fight against inflation could stall in the coming months if shipping costs push the price of goods higher.
Here’s what a bitcoin ETF actually means for investors
The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here’s what you need to know.
