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Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

(Bloomberg) -- Ethereum faces pressing questions over its direction as a rejigged user experience saps activity and fees, stoking uncertainty about whether the blockchain will continue to underpin commerce in crypto.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingCritics point to a growing reliance on so-called Layer-2 blockchains, built on top of Ethereum to improve otherwise clunky and costly transactions.

Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says

Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe, and groups General Motors and Stellantis, who assemble high volumes of cars in Mexico and Canada, are most exposed to the threat of higher tariffs, S&P said. President-elect Donald Trump on Monday said he would impose a 25% duty on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border, a move that would appear to violate a free-trade deal between the three countries.

TipRanks’ Perfect 10 Picks: 2 Top-Scoring Stocks to Watch as 2024 Wraps Up

Thanksgiving is here, marking the start of the 2024 end-of-the-year holiday season – and what better time to get your stock portfolio in order for the coming year? Investors get into the market for a whole range of reasons, and bring their own array of skills and opinions, but the end goal is always the same: to generate a return and realize a profit. That requires good stock-picking, and the Smart Score tool is available to smooth out that process. The Smart Score is a data collection and sorti

Inflation worries drive bargain hunt among Black Friday shoppers

Brushing snowflakes off her hair, Teagan Hickson walked into a Walmart Supercenter in Fort Wayne, Indiana, with hopes of picking up a few holiday deals on Black Friday. "I'm trying to not spend too much," said Hickson, 43. As retailers reopened U.S. stores after the American Thanksgiving holiday, some locations drew clusters of shoppers.

Ex-City Trading Boss Goes From Capital to UK Cattle Markets

(Bloomberg) -- Murray Roos was until earlier this year central to an effort to revolutionize the world’s capital markets via the London Stock Exchange’s nascent digital assets platform. Now, the 48-year-old former trader is using technology to take on even more entrenched market — the UK’s centuries old livestock auctions. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Br