FirstAm News | Raleigh, North Carolina — El Salvador continues to deepen its cryptocurrency-based strategy after announcing plans to issue bonds backed by bitcoin, a move that comes as negotiations with the International Monetary Fund (IMF) remain stalled over a proposed $1.3 billion loan. The Central American nation, which in 2021 became the first country […]
First American News LLC, Raleigh, NC: Bill Gates and Melinda French Gates will be joined by four trustees, including the charity’s CEO, as part of efforts to boost governance. The Bill & Melinda Gates Foundation named four new members to its board of trustees, adding outsiders to the board for the first time in the […]
First American News LLC, Raleigh, NC: American Express Co. surged the most in more than a year after the card giant boosted forecasts for revenue and profit and said spending on its cards climbed to a record. ‘People are ready to get out and about again,’ CEO Squeri says Card giant sees revenue climbing as […]
First American News LLC, Raleigh, NC: Bitcoin’s price plunged by more than 80% to as low as $3,100 from the end of 2017 through December of the following year, a period characterized by the boom-and-bust of initial coin offerings and several big banks shelving their plans to start cryptocurrency trading desks. Bitcoin wouldn’t reach a new […]
First American News LLC, Raleigh, NC: Microsoft is scheduled to announce its second-quarter results after markets close. The software giant is expected to announce around $50.7 billion in sales for the three months through December, up around 18% from a year earlier and close to 13% growth in net income to $17.5 billion, according to […]
First American News LLC, Raleigh NC: Major indexes fall a day after a late rally erased sharp losses and snapped a four-day losing streak. U.S. stocks fell, putting markets on course for another day of bumpy trading, as investors awaited the Federal Reserve’s policy meeting and parsed a docket of earnings. The S&P 500 fell […]
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