Commodity Trade Costs Surge
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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
How Older Daters are Coping With the Surge in S.T.I.s
Older daters are not getting adequate screening and protection from S.T.I.s. Here’s how to be a safer sexually active senior.The New York Times - Top stories -
Southern border sees surge of global migrants
Many people who are migrating at the southern border are not just coming from Central America, but also from Asia and Africa. NBC News’ David Noriega spoke with some who traveled around the world to seek asylum in the U.S.NBC News - Top stories -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
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Kendrick Lamar and Drake drop dueling takedowns as diss tracks surge with a vengeance
Diss tracks in hip hop are getting a lot of hype in 2024. Big names like Kendrick Lamar, Drake, and Megan Thee Stallion are igniting an online frenzy with their lyrical jabs.NBC News - Top stories -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
Union propagandists are confusing high housing costs with ‘wealth’
Overall, the average disposable income per capita in right-to-work states last year, adjusted for the cost of living, was roughly $2,800 higher than the average of the other states.The Hill - Politics -
Insulin Cost Is a Key Campaign Issue for Biden
President Biden says lowering the cost of insulin for seniors is among his proudest domestic policy achievements. He now faces the challenge of selling it to Americans of all ages.The New York Times - Top stories - Joe Biden -
The lesson of Loki? Trade less
Going back as far as the Norse gods, the market has tricked investors into making rash decisionsFinancial Times - Business -
Alec Bohm, Brandon Marsh lead surging Phillies to 4-3 win over Giants
Alec Bohm extended his hitting streak to 16 games with an RBI single, Brandon Marsh drove in two runs and the surging Philadelphia Phillies defeated the San Francisco Giants 4-3ABC News - Sports - MLB -
How much college athlete pay model may cost power schools
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.Yahoo Sports - Sports -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
The not-so-secret cost of being superhuman: elite sport’s problem with disordered eating
Athletes are breaking their silence about their experience of eating disorders and disordered eating. Why is this happening in an arena celebrated as the epitome of health?. Elite sport has long been consumed with the idea of the superhuman. ...The Guardian - World -
How much does uni cost, and will I earn more if I go?
Given higher costs, some students are wondering whether going to university makes financial sense.BBC News - Top stories -
Turkey Halts Trade With Israel Amid Deteriorating Relations
The Turkish government said all trade with Israel would pause until a permanent cease-fire is reached in Gaza and “uninterrupted humanitarian aid” is allowed in.The New York Times - World - Turkey -
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Padres trade for Marlins batting champ Arraez
The Padres have acquired second baseman Luis Arraez in a trade with the Marlins for a package of three prospects and a relief pitcher.ESPN - Sports - MLB -
Michael Platt’s BlueCrest prepares to expand trading teams
Secretive family office in late-stage talks with 30 portfolio managers after several years of outperformanceFinancial Times - Business -
Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.CNBC - Business -
Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World