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(Bloomberg) -- US consumer prices rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Business Leaders Welcome Return-to-Office Policy Under TrumpThe so-

The crypto bulls were right. Bitcoin's market cap is now about the size of Alphabet's.

(Bloomberg) -- Gold held a three-day advance after a key US inflation report reaffirmed expectations that the Federal Reserve will likely cut interest rates next week.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Business Leaders Welcome Return-to-Office Policy Under TrumpUS consumer prices rose

2024 is on track to be one of the best years in modern history for the stock market, and two of the most popular investments are a big reason why. Bitcoin (CRYPTO: BTC) and Nvidia (NASDAQ: NVDA) have soared this year, outperforming nearly every comparable large-cap investment. As you can see, Nvidia is ahead of Bitcoin, though both investments have more than doubled this year.

The price of Bitcoin (CRYPTO: BTC) is surging yet again. At the time, it had almost no following, with a single Bitcoin trading for just pennies. Today, nearly everyone has heard of the cryptocurrency.

(Bloomberg) -- While the fight against inflation may largely have been won, tensions over price pressures could still disrupt confidence about interest-rate cuts. The stock market seems to be looking past these warnings.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Business Leaders Welcome Return-to-Office Policy Under TrumpAmerican Insti

(Bloomberg) -- OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Business Leaders Welcome Return-to-Office Policy Under TrumpAmerican Institute of Architects

Many other cryptocurrencies, like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), have benefited as well, with Dogecoin up about 150% since Election Day and Shiba Inu up roughly 50%. With the sector rolling, is Dogecoin the better buy at under $0.55, or is it Shiba Inu at less than $0.0004? The meme token, which has a Shiba Inu mascot, didn't take off for several years.

Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance market Lloyd's of London predicted. The impact would mainly be from disruption across global industries due to local lockdowns and worldwide travel restrictions, Lloyd's said on Wednesday. The analysis by Lloyd's and the Cambridge Centre for Risk Studies said that the most severe scenario could cause losses of $41.7 trillion, equivalent to a reduction in global GDP of 1.1%-6.4%.

Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance market Lloyd's of London predicted. The impact would mainly be from disruption across global industries due to local lockdowns and worldwide travel restrictions, Lloyd's said on Wednesday. The analysis by Lloyd's and the Cambridge Centre for Risk Studies said that the most severe scenario could cause losses of $41.7 trillion, equivalent to a reduction in global GDP of 1.1%-6.4%.