Author: MNK News
(Bloomberg) — Oil rose in thin holiday trading to close out a flat performance in 2024 as the market braces for a global surplus next year. Most Read from Bloomberg West Texas Intermediate rose 1% to settle at $71.72 a barrel, notching a 7-cent gain in 2024. Brent advanced 0.3% to settle at $74.64, down 3.1% for the year. Crude advanced on Tuesday after factory activity expanded for a third month in China, the world’s oil biggest importer. In another sign of nascent economic recovery, Chinese President Xi Jinping said the nation’s gross domestic product is expected to expand around…
Luxury lifestyle operator Life Time has revealed key findings from its 2025 Wellness Survey, offering insights into the emerging trends that have captured the interest of fitness and wellness consumersLife Time, renowned for its amenity-rich luxury clubs where waitlists are the norm, has unveiled findings from its annual health and wellness survey, offering a glimpse into what 2025 may hold for fitness and wellness consumers.More than 1,350 individuals (both general consumers and Life Time members) participated in the survey, which was conducted from December 11 to December 23. Here are some key takeaways from Life Time’s 2025 Wellness Survey:According to Life…
MORPHO, the native token of the Morpho Protocol, has surged more than 30% to hit a new all-time high as cryptocurrencies registered notable gains on New Year’s Eve. The Morpho token reached an intraday high of $3.61, setting a new all-time high amid a 153% spike in trading volume. Over the past 24 hours, trading volume stood at $144.7 million. The price of MORPHO has surged more than 160% in the past month. Gains for the decentralized finance protocol have pushed the total value locked on Morpho to $5.26 billion. The protocol’s TVL, daily fees, and monthly active users have…
A female Netflix comedian has launched an attack on fellow stand up Dave Chappelle, accusing him of profiting from making transgender people “feel unsafe.” Comedian Michelle Buteau called out Dave Chappelle in her new Netflix special that began streaming Tuesday. In one passage, she focused on Chappelle’s refusal to stop telling transgender jokes during his stand-up routines despite widespread pressure from trans activists and the mainstream news media. “Dave, it’s not funny, it’s dangerous,” she said, according to multiple reports. “Make it funny. I can’t believe somebody would make millions and millions of dollars for making people feel unsafe. That is…
CHICAGO, ILLINOIS – AUGUST 16: Christopher Morel #5 of the Chicago Cubs is mobbed by teammates … [+] following a walk-off three-run home run against the Chicago White Sox at Wrigley Field on August 16, 2023 in Chicago, Illinois. The Cubs defeated the White Sox 4-3. (Photo by Nuccio DiNuzzo/Getty Images)Getty Images The last time the Chicago Cubs won their division in a full-length season was in 2017. That’s also the last year they won a playoff game. Since then, they lost the NL Central to the Milwaukee Brewers in a game 163 and the wild card game to the…
Yum, Ralph Lauren upgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.Top Upgrades: Argus upgraded Yum! Brands (YUM) to Buy from Hold with a $155 price target. The firm sees same-store sales at Kentucky Fried Chicken and Taco Bell driving growth for Yum! in 2025. Argus upgraded Ralph Lauren (RL) to Buy from Hold with a $250 price target. The company is working to increase its average unit retail growth by…
2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked (and equally highly “smartphonized”) population and merchants with payment solutions. Companies like TymeBank, Moniepoint, and Opay have made hundreds of millions of dollars by creating and maintaining payment mobile apps and ground touchpoints. In conditions where banks are absent—80% of Africans don’t have bank cards—digital money solutions are filling the void, and cryptocurrency is one of the factors shaping the…
This image released by Searchlight Pictures shows Elle Fanning, left, and Timothée Chalamet in a … [+] scene from “A Complete Unknown.” (Searchlight Pictures via AP)Associated Press There’s a moment in A Complete Unknown, the new Bob Dylan biopic from James Mangold, where Dylan, as channeled by Timothée Chalamet, bitterly remarks that when people ask him where his songs come from, what they really want to know is why didn’t the songs come to them. That’s as close as this magnificent film comes to nailing down one of the most fascinating popular figures of the past century, a man whose…
The S&P 500 likely capped its best annual gain in three years on Tuesday, powered by outsized gains for mega-cap tech stocks, Federal Reserve interest rate cuts, and a resilient domestic economy. The broadest measure of U.S. blue-chip shares is up just over 25% for the year, just behind the 32% gain for the tech-focused Nasdaq. And although it’s likely to finish in negative territory for December, Wall Street analysts expect the current bull market to continue for at least another year. 🎁 Buy 1 Year and Get 1 Year FREE on TheStreet Pro. Act now before it’s gone ⏰ The…
Ethereum (ETH) consolidated near $3,400 on Tuesday, poised to close the year with an approximate 50% return. Ethereum has yielded underwhelming gains compared to Bitcoin and most altcoins ranked in the top 20 tokens by market capitalization The narrative could change in 2025 with catalysts like the upcoming Ethereum upgrade, accumulation by institutional investors, and other market movers. Ethereum gears for Pectra upgrade in 2025 Ethereum could see a boost in scalability, security, and user experience with the upcoming Pectra upgrade, expected to go live in 2025. The upgrade will introduce enhancements in account abstraction, validator operations, and network performance.…