{ }
Employer family premiums for health coverage rose by 7% in 2024, averaging $25,572, marking the second consecutive year of this increase. Employee contributions remained stable, averaging $6,296, while small firms faced higher deductibles compared to larger companies. Coverage for specific treatments like GLP-1 drugs and fertility services varies significantly between large and small employers, with many not offering comprehensive benefits.
Bitcoin's price faces pressure following the Federal Reserve's recent statements, with a target of $60,000 in sight. The Fed's minutes revealed no commitment to a specific pace for future rate cuts, despite a recent reduction of 50 basis points. Investors are now looking to upcoming US inflation data for further direction.
IG
21:42 09.10.2024
Governments are making progress on structuring a new global climate finance goal, but significant divides remain over funding sources and the goal's size. Developing nations propose a target of $1-2 trillion annually, while wealthy countries suggest maintaining at least the previous $100 billion goal, emphasizing the need for both public and private finance contributions. The outcome will be finalized at COP29 in Baku, with ongoing debates about who should contribute and the complexity of the proposed financial structures.
Ten pharmaceutical executives and sales representatives have been charged with the illegal distribution of approximately 70 million opioid pills and 30 million doses of other prescription drugs, valued over $1.3 billion on the black market. Most defendants have pleaded guilty, with allegations pointing to a scheme targeting Houston-area pill-mill pharmacies and employing tactics to evade DEA oversight. The case highlights a broader trend, as settlements under the False Claims Act in the healthcare sector exceeded $1.8 billion in the last fiscal year.
An artisanal bakery, John Baker, is set to open on Zurich's Bahnhofstrasse, a prestigious shopping street, marking a potential shift in the area's retail landscape. Founded by Jens Jung, the bakery emphasizes on-site production and aims to complement the luxury brands nearby. The arrival of Manor in 2027, following the departure of Jelmoli, signals a revitalization of the neighborhood, highlighting a growing appreciation for a mix of local and international stores.
17:00 09.10.2024
Monson Savings Bank has appointed Michelle Cayo as vice president and Credit Risk Officer. With over 26 years of banking experience, she will manage the Commercial Credit department, train credit analysts, and contribute to loan policy development. Cayo, a community advocate and recognized volunteer, expressed her enthusiasm for joining a team that shares her commitment to local communities.
15:11 09.10.2024
Silver prices remain above $30 as investors anticipate a decline in US inflation. The upcoming Fed minutes and new inflation data are crucial for understanding future monetary policy, with an 86.6% chance of a 25 basis point rate cut predicted for November 7. A drop below the $30 mark could intensify downward pressure on prices.
IG
15:09 09.10.2024
iCapital, a global fintech firm, has surpassed $200 billion in global platform assets, reflecting a significant growth from $100 billion in December 2021. The platform, which connects over 104,000 financial institutions with more than 1,630 funds from 600 asset managers, aims to enhance access to private markets for investors. With a workforce of over 1,675 across 17 locations, iCapital plans to invest over $600 million into its technology and solutions by the end of 2024, while expanding its international presence.
UBS analysts predict a continued rally in gold prices, forecasting they will reach $2,800 by the end of 2024 and $3,000 by 2025. This optimism is driven by strong demand, falling interest rates, a weakening US dollar, and geopolitical tensions, which position gold as a safe haven. Central banks are expected to increase their gold reserves, while consumer demand in major markets like China and India remains stable despite rising prices.
14:46 09.10.2024
Ares Management is set to acquire GCP International for $3.7 billion, a move that will nearly double its real estate assets under management to approximately $96 billion. The deal, which includes $1.8 billion in cash, will enhance Ares' global presence and capabilities in high-growth sectors like industrial real estate and data centers. The transaction is expected to close in the first half of 2025.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.