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Showing posts from March, 2023

Why Buying Travel Insurance Online Is the Best Decision You Can Make

Traveling is an exciting experience that opens up opportunities for adventure and exploration. However, it can also be unpredictable, and things can go wrong unexpectedly. That is why it is important to have travel insurance to protect you in case of unforeseen events such as trip cancellations, medical emergencies, or lost luggage. Travel Insurance Online One of the best ways to purchase travel insurance is online. Here are some benefits of buying travel insurance online: Convenience: Purchasing travel insurance online is quick and convenient. You can compare different plans and prices from the comfort of your home or office. With just a few clicks, you can purchase a policy that fits your needs. Cost-effective: Online travel insurance is often cheaper than buying it through a travel agent or insurance broker. This is because online insurers do not have to pay commission to agents, and they pass the savings on to their customers. Customization: When buying travel insurance online, you...

Asian stocks sink after Credit Suisse takeover

Asian stock markets are lower after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes BEIJING (AP) — Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes. Asian stocks Shanghai, Tokyo and Hong Kong declined. Oil prices retreated. Swiss authorities on Sunday announced UBS would acquire its smaller rival as regulators try to ease fears about banks following the collapse of two U.S. lenders. Central banks announced coordinated efforts to stabilize lenders including a facility to borrow U.S. dollars if necessary. Investors worry banks are cracking under the strain of unexpectedly fast, large rate hikes over the past year to cool economic activity and inflation. That cau...

Cryptocurrency prices today: Rates of Bitcoin | Ethereum

Bitcoin has climbed by 1.19% in the past 24 hours and is now trading at $27,536.94. It is 22.48% higher than last week. The second most popular token, Ethereum, is down by 1.39% from yesterday and is now trading at $1,759.11. From last week, it is up by 9.56%. They have market capitalizations of $531.85 billion and $215.22 billion, respectively. What about the movement of other popular cryptocurrencies today? Cryptocurrency BNB is trading at $335.92, which is 0.68% more than yesterday and 11.40% higher than the previous week. XRP's price is $0.33 today, increasing by 0.93% in the last 24 hours. Compared to last week, it is 3.57% up. Caradon  and Dogecoin are trading at $0.33 (down 0.53%) and $0.077 (down 1.57%), respectively. Solana has moved up by 12.69% since last week Solana, Polka Dot, Shiba IN , and Polygon are currently trading at $22.26 (up 2%), $6.1018 (down 7.83%), $0.000011 (down 0.56%), and $1.13 (down 5.02%), respectively. Looking at the weekly chart, Sol...

Warren Buffett's Berkshire Hathaway rejects call for silence on hot-button issues

Berkshire Hathaway (NYSE: BRKa ) Inc, run by billionaire Warren Buffett, on Friday urged shareholders to reject proposals that it avoid discussing hot-button social and political issues, and competing proposals that it disclose more about its climate change and diversity efforts. Warren Buffett   The Omaha, Nebraska-based company also urged the rejection for a second straight year of a shareholder proposal that Buffett, 92, let someone else be chairman, while remaining chief executive. Berkshire's recommendations were disclosed in its annual proxy filing, ahead of its May 6 annual meeting. It also said Buffett received $401,589 in compensation for 2022, up 8% from 2021, comprising his usual $100,000 salary plus personal and home security. While Buffett's salary is low, his 15.6% Berkshire stake comprises most of his $101.6 billion net worth, which Forbes magazine said makes him the world's sixth-richest person. The proposal to restrict Berkshire's speech came from the A...

Wall Street closes higher as First Republic helps lift banks

NEW YORK (Reuters) - A strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday, after some of the country's largest lenders came to the rescue of embattled  First Republic Bank  (NYSE: FRC ). The technology sector also contributed to the gains, helping to boost the  Nasdaq Composite  to its strongest performance since Feb. 2, 2022. The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis. Financial institutions, including  JP Morgan Chase  (NYSE: JPM ) & Co and  Morgan Stanley  (NYSE: MS ), confirmed earlier reports they would deposit up to $30 billion into First Republic Bank's coffers to stabilize the lender. "Banks are looking out for one another," said Huntington Private Bank chief investment officer, John Augustine. "We had two outl...