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2025-01-23
Bitcoin shot past $100,000 for the first time on Thursday, taking the limelight away from stock markets that wavered as investors tracked political crises in France and South Korea. Oil prices fell modestly despite a move by the OPEC cartel and its allies to extend their supply cuts amid concerns about oversupply. Wall Street's main stock indexes retreated from records, while Paris and Frankfurt forged higher despite political uncertainty in Paris. Bitcoin reached a high of $103,800.45 before dipping below the symbolically important level to $99.154 near 2200 GMT. The digital asset has now soared more than 50 percent since the election of Donald Trump, who has vowed to make the United States the "bitcoin and cryptocurrency capital of the world". "Bitcoin smashed through $100,000 as the Trump Trade powered on with force," noted Dan Coatsworth, investment analyst at AJ Bell. The historic level was broken after Trump picked crypto proponent Paul Atkins to take over as chair of the Securities and Exchange Commission, the markets regulator. Atkins is founder of risk consultancy firm Patomak Global Partners, whose clients include companies in the banking, trading and cryptocurrency industries. Atkins "is unlikely to be as anti-crypto as his predecessor Gary Gensler", said Kathleen Brooks, research director at XTB trading platform. "Thus, politics is driving bitcoin. We doubt that the rally will stop here," she added. Stock markets struggled for direction ahead of important US jobs figures on Friday. Aaron Clark, an equity portfolio manager at GW&K, said investors "are probably not willing to step in" ahead of Friday's November employment data. "We've seen record inflows into equities," said Clark, who thinks the market could be poised for additional gains later in December. Paris closed higher despite the historic no-confidence vote that ousted the government of French Prime Minister Michel Barnier. President Emmanuel Macron vowed to name a new prime minister in the coming days to prevent France from sliding deeper into political turmoil, rejecting growing pressure from the opposition to resign "The French political crisis failed to knock European indices off course," said Coatsworth, an analyst at AJ Bell. Frankfurt was also in the green but London was flat. Most Asian stock markets finished higher but Seoul closed in the red. South Korean President Yoon Suk Yeol clung to power Thursday, his party announcing they will oppose an impeachment motion after his short-lived imposition of martial law stunned the world. "The silver lining we think is that the swift reversal of the martial law underscores the resilience of South Korea's institutions," said analysts at BMI, a unit of Fitch Solutions. "For now, we expect limited implications for the economy and financial markets as the Bank of Korea and the ministry of finance have responded swiftly by reassuring investors," they added. New York - Dow: DOWN 0.6 percent at 44,765.71 (close) New York - S&P 500: DOWN 0.2 percent at 6,075.11 (close) New York - Nasdaq: DOWN 0.2 percent at 19,700.26 (close) London - FTSE 100: UP 0.2 percent at 8,349.38 (close) Paris - CAC 40: UP 0.4 percent at 7,330.54 (close) Frankfurt - DAX: UP 0.6 percent at 20,358.80 (close) Tokyo - Nikkei 225: UP 0.3 percent at 39,395.60 (close) Hong Kong - Hang Seng Index: DOWN 0.9 percent at 19,560.44 (close) Shanghai - Composite: UP 0.1 percent at 3,368.86 (close) Euro/dollar: UP at $1.0591 from $1.0511 on Wednesday Pound/dollar: UP at $1.2760 from $1.2701 Dollar/yen: DOWN at 150.09 yen from 150.59 yen Euro/pound: UP at 82.97 from 82.75 pence Brent North Sea Crude: DOWN 0.3 percent at $72.09 per barrel West Texas Intermediate: DOWN 0.4 percent at $68.30 per barrel burs-jmb/arpWEST PALM BEACH, Fla. — An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer's comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar." Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Trump has not yet weighed in on the rift. His presidential transition team did not respond to questions about positions on visas for highly skilled workers or the debate between his supporters online. Instead, his team instead sent a link to a post on X by longtime adviser and immigration hard-liner Stephen Miller that was a transcript of a speech Trump gave in 2020 at Mount Rushmore in which he praised figures and moments from American history. Musk, the world's richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump's movement but his stance on the tech industry's hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry's need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent," he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump's own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump's businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country" and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country," he told the “All-In" podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump's budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.bmy888

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SUNDAY, Dec. 8, 2024 (HealthDay News) -- Shingles can strike anyone who had chickenpox when they were young, and the intense pain that can accompany this body rash has sidelined many a senior. Here, one expert explains how and why shingles can surface, and what you can do to treat it, or better yet, avoid it. Shingles can happen at any age, but it most typically affects people over 50 who have stress and compromised immunity. “Shingles is caused by the varicella-zoster virus. It’s the same virus that causes chickenpox,” said Dr. Eugene Fellin , a family medicine physician at Penn State Health Medical Group – Fleetwood. “For most of us who grew up before the 1990s, when children began being immunized against chickenpox, we’ve been exposed to the virus and are at risk for shingles.” How can shingles surface? After lying dormant in the nervous system for years, the virus can reemerge as shingles, which causes painful rashes that typically surface on the face or around the side of the torso, Fellin explained. “It’s like a poison ivy rash that won’t go away,” he added in a Penn State news release. “It can occur in patches, but along that same nerve root. A lot of times, people feel some tingling or a burning sensation prior to the rash actually breaking out,” Fellin noted. “When we’re looking for the rash, it will be in a string on the torso because the nerves wrap around the torso. You get a line around you, from the back to the front.” “The other issue we worry about is if it breaks out on the face and involves the eye because this can lead to blindness,” Fellin said. “Shingles around the eye is considered dangerous, and an instant referral to an ophthalmologist is always recommended.” What can you take to treat shingles? Antivirals such as Valacyclovir can be prescribed, but they’re time-sensitive and need to be taken within 36 hours of the start of the rash because they work by slowing the spread of the virus, Fellin said. While symptoms subside after three to five weeks, pain can sometimes return in the form of postherpetic neuralgia , he said. This long-term nerve pain occurs where the shingles rash appeared and can last for months or even years. Older adults are more likely to develop postherpetic neuralgia and have longer lasting and more severe pain, Fellin said. Luckily, there is something you can do to avoid shingles altogether: get vaccinated. The U.S. Centers for Disease Control and Prevention recommends the Shingrix vaccine, given in two doses, with the second dose given two to six months after the first. People who get shingles can still receive the vaccine, which can lower the chances of another outbreak, Fellin noted. Most family doctors and pharmacies stock the vaccine, which is covered by Medicare, he added. “Most insurance programs are covering it because it has been out long enough and shows a real benefit,” Fellin said in a Penn State news release. “There’s a lot of misinformation about vaccines circulating out there. My message is this: Don’t be afraid of this or any vaccine.” SOURCE: Penn State Health, news release, Dec. 5, 2024

What are commodities signalling about uncertain global outlook?xAI Secures USD 6 Billion in New Funding to Enhance AI CapabilitiesPHILADELPHIA and NEW YORK , Dec. 27, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of an additional $100 million in aggregate principal amount of its 6.125% notes due 2030 (the "Notes"). The Notes will be a further issuance of, and form a single series with, the $600 million aggregate principal amount of 6.125% Notes due 2030 that FSK issued on November 20, 2024 , increasing the outstanding aggregate principal amount of the series to $700 million . BofA Securities, Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, KKR Capital Markets LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. are acting as joint book-running managers for this offering. FSK intends to use the net proceeds of this offering for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. About FS KKR Capital Corp. FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market companies. FSK is advised by FS/KKR Advisor, LLC. About FS/KKR Advisor, LLC FS/KKR Advisor, LLC (FS/KKR) is a partnership between FS Investments and KKR Credit that serves as the investment adviser to FSK and other business development companies. FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over $83 billion in assets for a wide range of clients, including institutional investors, financial professionals and individual investors. FS Investments provides access to a broad suite of alternative asset classes and strategies through its best-in-class investment teams and partners. With its diversified platform and flexible capital solutions, the firm is a valued partner to general partners, asset owners and portfolio companies. FS Investments is grounded in its high-performance culture and guided by its commitment to building value for its clients, investing in its colleagues and giving back to its communities. The firm has more than 500 employees across offices in the U.S., Europe and Asia and is headquartered in Philadelphia . KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. Forward-Looking Statements and Important Disclosure Notice This announcement may contain certain forward-looking statements, including statements with regard to future events or future performance or operations of FSK. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, geo-political risks, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact Information: Investor Relations Contact Anna Kleinhenn Anna.Kleinhenn@fsinvestments.com FS Investments Media Team Melanie Hemmert Melanie.Hemmert@fsinvestments.com View original content to download multimedia: https://www.prnewswire.com/news-releases/fsk-completes-public-offering-of-100-million-6-125-unsecured-notes-due-2030--302339667.html SOURCE FS Investments

TECVAYLI® (teclistamab-cqyv) demonstrates potential as frontline combination therapy for patients with newly diagnosed multiple myeloma

In today’s digital age where data breaches and cyber threats loom large, the importance of secure offline storage can’t be overstated. As our lives become increasingly intertwined with technology, safeguarding our precious memories and sensitive documents has become paramount. This is where the Samsung T7 Portable SSD comes in. Currently available on Amazon as part of the Holiday Deals, the Samsung T7 Portable SSD with 2TB capacity is being offered at a price of $139, matching its Black Friday deal that saw the product fly off the shelves . This is a massive 48% discount from its list price of $269 (and even further if you consider its $399 launch price in 2020) which makes it a great option if you’re looking for high-performance external storage. See at Amazon Fast Transfer Speed The Samsung T7 SSD is delivering impressive specifications that set it apart from conventional external drives: At the heart of this device is its lightning-fast transfer speed which is capable of reaching up to 1,050 MB/s. This velocity is made possible by its USB 3.2 Gen 2 interface which allows for the rapid transfer of large files in mere seconds. This means you could potentially move a 4K movie file of around 50GB in less than a minute . The T7 utilizes Samsung’s advanced NAND flash memory technology and it is coupled with a USB 3.2 Gen 2 controller to achieve its impressive performance metrics. The drive supports the NVMe protocol which significantly reduces latency and allows for more efficient data transfer compared to older protocols. This combination of advanced hardware and optimized software results in faster transfer speeds and improved overall system responsiveness when working directly from the drive. In an era where data protection is crucial, this portable SSD offers peace of mind with its AES 256-bit hardware encryption : This military-grade encryption ensures that your data remains secure even if the drive falls into the wrong hands. Users can easily set up password protection through Samsung’s intuitive software which is compatible with Windows, macOS and Android operating systems. The T7’s robust build quality further enhances its reliability, featuring a sturdy metal enclosure that can withstand drops of up to 2 meters , protecting your data from physical shocks and everyday wear and tear. The practicality of the Samsung T7 extends beyond its performance and security features. Weighing just 58 grams and measuring a mere 85 x 57 x 8.0 mm, this ultra-portable drive can slip into a pocket or bag which makes it the perfect companion for on-the-go professionals, students or travelers. Its compatibility is impressive as it works with a wide range of devices including PCs, Macs, Android devices, and gaming consoles like the PlayStation 5 and Xbox Series X|S. See at AmazonNone

2020 Bulkers: Paid A 16% Dividend Yield In The Past 12 MonthsDOGE and PEPE, known for their speculative character, have enthralled investors because of their exponential expansion possibilities. However, the question remains: How fast can an $800 investment in Pepe Coin turn into $80,000 compared to Dogecoin? Let’s examine the performance, predictions, and timelines for PEPE and DOGE, along with a new contender, Rexas Finance (RXS), which is stealing the spotlight. Pepe Coin’s Meteoric Rise Currently valued at $0.000020, Pepe Coin has increased impressively 129.83% over the past month. Strong inverse head-and-shoulders formation—a technical pattern indicating a bullish breakout—has helped to support its path. The recent breakthrough resistance at 10.93 and its objective at 19.85 marked pivotal moments for the coin. PEPE’s performance over the year-to-date period showcases a staggering 1,400% growth, making it one of the most explosive tokens of 2024. According to expert projections, PEPE is set to surge another 100x by early 2026, potentially reaching $0.002. If these predictions hold, an $800 investment today could transform into $80,000 within approximately two years. This rapid growth timeline highlights PEPE’s ability to generate massive returns faster than many established altcoins. However, its high volatility means investors should proceed cautiously and monitor market conditions closely. Dogecoin’s Steady Ascent Dogecoin trades at $0.4198 and has increased 306% over the past two months. Dogecoin gains from its established reputation, general acceptance, and endorsement of powerful people like Elon Musk, even if its expansion may seem less sudden than PEPE. Analysts predict Dogecoin’s price could rise to $4.19 by 2028, a tenfold increase from its current value. Under this forecast, an $800 investment in DOGE now would translate into $80,000 over four years. Though this timeline is slower than PEPE, investors find Dogecoin appealing because of its relative stability and general acceptance. Among the excitement around meme coins, Rexas Finance (RXS) is a novel idea with unmatched possibilities. Rexas Finance (RXS): The Fastest Path to $80,000 Currently valued at $0.125 at its ninth presale stage as of this writing, Rexas Finance (RXS) is transforming asset management by allowing the tokenization of real-world assets. This creative solution lets investors fractionalize ownership in assets such as real estate, art, and commodities easily from anywhere around the globe. The presale performance of Rexas Finance has been remarkable, raising over $21.21 million so far. The token has already achieved a 4x price increase from its initial stage, with projections indicating another 2x jump to its listing price of $0.20. Experts predict RXS will hit $12.50 by mid-2025, marking a 100x rally from its current price. An $800 investment in RXS today could transform into $80,000 within 18 months, making it the fastest-growing option among PEPE, DOGE, and RXS. This accelerated timeline highlights RXS as a high-potential investment, particularly for those seeking quicker returns. The special value proposition of Rexas Finance (RXS) comes from its ability to combine real-world uses with blockchain technology. Through perfect asset tokenization, RXS opens fresh investment prospects and improves liquidity worldwide. The Certik assessment of the project adds even more credibility, and it intends to list three Tier-1 exchanges to highlight its expansion possibilities. Apart from its strong foundations, RXS is a more sustainable choice than the speculative character of meme coins such as PEPE and DOGE since it is scalable. Its mix of security, creativity, and potential for fast expansion appeals to investors, therefore ranking it among the leading competitors in the crypto scene. Every token presents special benefits for investors wishing to convert $800,000 into $80,000. Pepe Coin (PEPE) is perfect for individuals ready to seize high-risk, high-reward possibilities since its quick price swings highlight. With its consistent and steady increase, dogecoin (DOGE) offers a slower but safer path to notable profits. In conclusion, Rexas Finance (RXS) is the best option, combining rapid growth with real-world utility. Its innovative approach to asset tokenization, strong presale performance, and ambitious roadmap position it as a game-changer in the crypto space. With projections indicating a 100x surge by mid-2025, RXS can achieve the $80,000 target faster than PEPE and DOGE. Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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