Author: IA PressRoom

Our experts answer readers’ credit card questions and write unbiased product reviews (here’s how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page. A credit card’s travel insurance feature may not sound as exciting as a 100,000-point sign-up bonus or a high earning rate on everyday spending — but when you find yourself in a bind, it can be significantly more valuable.Here’s everything you need to know about credit card travel insurance, along with the best credit cards offering the most…

More than 400 patients who signed up to take a pioneering oncology detection test developed by US biotech company Grail received erroneous letters last month suggesting they may have developed cancer.According to an internal company document seen by the Financial Times, 408 patients were incorrectly told they had a signal in their blood suggesting they could have cancer. Grail said the letters were sent “in error” by its telemedicine provider PWNHealth and that its staff had moved swiftly to contact affected customers to reassure them their test results were wrong.The incident has generated concern among some insurers who are trialing…

© Reuters. Pharmacist Jim Pearce fills a Suboxone prescription at Boston Healthcare for the Homeless Program in Boston, Massachusetts January 14, 2013. Suboxone is an opiate replacement therapy drug used to help treat opiate cravings and withdrawal. REUTERS/Brian Sn By Jonathan Stempel and Mariam Sunny (Reuters) -Indivior Plc said on Friday it agreed to pay $102.5 million to settle a lawsuit by dozens of U.S. states accusing it of illegally suppressing generic competition for its opioid addiction treatment Suboxone. The North Chesterfield, Virginia-based drugmaker denied wrongdoing in resolving claims by 41 U.S. states and Washington, D.C., which would end a…

© Reuters. General Motors (GM) and POSCO expand Ultium CAM joint venture in North America with $1B investment American automaker General Motors (NYSE:) made an announcement Friday in collaboration with POSCO (NYSE:) Future M regarding the next phase of their Ultium CAM joint venture. This strategic partnership entails a substantial investment of over $1 billion to expand the production capacity at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over $1B. The companies had invested about $327 million in the plant last year, according to media reports. The latest investment from GM…

© Reuters. Investing.com — Natural gas futures limped in with a daily gain and a small weekly loss as market participants look beyond the first injection of above 100 billion cubic feet, or bcf, in the current storage season for the fuel in anticipation of near-term demand. The on the New York Mercantile Exchange’s Henry Hub settled Friday’s session at $2.172 per mmBtu, or metric million British thermal units — up 0.6% on the day. It was the first daily gain for the benchmark gas futures contract after four straight days of losses. For the week, the contract finished down…

XRP Chart / Source: AdobeXRP is back above $0.50 per token once again on Friday, as the world’s sixth-largest cryptocurrency by market capitalization looks to reignite momentum following a strong bullish run in the past three weeks.XRP is the native cryptocurrency of the XRP Ledger, a decentralized layer-1 blockchain protocol launched by US fintech company Ripple back in June 2012 to facilitate their revolutionary cross-border payment and liquidity business.The cryptocurrency was last changing hands just under $0.52, up a little over 2.0% on Friday, up more than 26% versus its mid-May lows in the $0.41 area.Meanwhile, XRP recently broke to…

President Biden is scheduled to deliver a rare Oval Office address on Friday evening after congressional passage of legislation that narrowly averts the economic calamity of a first-ever default on the nation’s debt.The legislation, knows as the Bipartisan Budget Agreement, passed the Senate late Thursday after receiving broad support in the House this week. It suspends the debt ceiling for two years and cuts back on spending.Mr. Biden is expected to sign the bill before Monday — the so-called X-date, when the Treasury secretary said the government would run out of cash to pay its bills on time, a situation…

Virtus Global Multi-Sector Income Fund declares $0.08 dividend

Paris, not in the metaverse.© David G.W. Birch (2023). I was flattered to be invited to chair the keynote panel on new business models for banking at the Paris Fintech Forum 2023, because the issue of paradigm shift is being raised again and to me, paradigm shift means a change in business model, not mere refinement of existing model. The predictions of disruptive change are well justified and if I think about some recent conversations in the U.S. there are currently three technologies that stand out as impacting fintech strategies in the immediate future: central bank digital currencies (CBDCs), the…

At crypto exchange Coinbase Global, bitcoin prices and trading volumes no longer move in lockstep. The digital currency is up 63 per cent this year, compared to the S&P 500’s 12 per cent gain. Shares in Coinbase have done even better, advancing more than 90 per cent. Having traded on just 1.5 times revenue in January, the lossmaking company is now on a multiple of 5.5 times. Bigger and more profitable exchange operators Cboe and the London Stock Exchange, are on 3.5 times and six times respectively by comparison. But investors are getting ahead of themselves. Waning retail interest in…