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Goldman Sachs taps new generation to lead key Wall Street units

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Goldman Sachs has unveiled a new generation of leaders, in a major realignment at the Wall Street bank.

The lender will appoint new global heads for its equities, fixed income and banking businesses, alongside a reshuffle of leadership at its international unit, Goldman said on Tuesday.

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The changes highlight Goldman’s effort to refresh its leadership bench and position itself for future challenges, as the firm navigates shifting market dynamics hoping to capitalise on a period of deregulation under the Trump administration. 

Erdit Hoxha, Cyril Goddeeris and Dmitri Potishko will take charge of the equities division. Kunal Shah, Anshul Sehgal and Jason Brauth will lead the fixed income unit. Meanwhile, Kim Posnett, Matt McClure and Anthony Gutman have been tapped to oversee the investment banking franchise.

In a significant transition, Shah and Gutman will also assume the roles of co-chief executives of Goldman Sachs International. They succeed Richard Gnodde, a 64-year-old veteran of the bank who is stepping down after leading the international business for more than a decade. Gnodde will take on the position of vice-chair.

“This group of leaders represents the very best of our culture of excellence, client service and teamwork. They have made outstanding contributions throughout their careers to our client franchise, operations and market-leading positions across our business,” said chief executive David Solomon.

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Netflix is raising prices again

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Netflix is raising prices again

Netflix is raising prices yet again. In its latest earnings report released Tuesday, the streaming service announced that “we are adjusting prices today across most plans” in the US, Canada, Portugal, and Argentina.

Netflix spokesperson MoMo Zhou tells The Verge that the ad-supported tier is increasing from $6.99 to $7.99 per month, while the standard ad-free tier will go from $15.49 to $17.99 per month. Its highest-priced premium tier is also increasing from $22.99 to $24.99 per month. The price hikes will go into effect during subscribers’ next billing cycle, according to Zhou.

“As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” the company’s letter to investors says. Netflix last raised the price of its subscription in October 2023. This is also the first time it’s raising the price of this ad-supported plan, which it rolled out in 2022.

Netflix added 19 million new subscribers over the past few months — the most in its history during a single quarter — bringing its global total to 300 million. This is the last time Netflix will reveal how many subscribers it added during the quarter, as the company said last year that it would only announce “major subscriber milestones as we cross them” starting in the first quarter of 2025.

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Even with a subscriber count reaching new highs, and operating income ballooning past $10 billion for the first time, Netflix executives believe the company still has room for growth. The company’s letter to investors says it accounts for less than 10 percent of TV viewing in the countries it’s available in, “which suggests a long runway for growth as streaming continues to expand around the world.”

Along with the price hike, Netflix announced that it’s rolling out a new Extra Member with Ads plan, which will allow those on the ad-supported plan to add someone outside their household to their subscription. It currently costs an extra $7.99 per month to add someone outside your household to an ad-free plan.

Update, January 21st: Added information from Netflix.

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Here's Why Shiba Inu and Dogecoin Prices Dropped Over The Weekend But Remittix Soared To New Highs

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Here's Why Shiba Inu and Dogecoin Prices Dropped Over The Weekend But Remittix Soared To New Highs

There are always surprises in the crypto market and this past weekend was no exception. Remittix, even while still in the presale phase, defied expectations by reaching remarkable new heights, while meme currencies like Dogecoin and Shiba Inu saw unanticipated declines. The meme coins community’s favorites, Shiba Inu and Dogecoin, witnessed price drops as a result ofa reduction in investor enthusiasm and heightened market rivalry. 

At the same moment, Remittix, a rising star, continues to steal the show with its cutting edge crypto-to-fiat payment method. Experts estimate that it might become one of the largest breakout tokens of 2024 with growth forecasts as high as 100x, after raising over $4 million in its presale so far. Many crypto fans are perplexed by this contrast and wonder what’s happening.

Shiba Inu Price Analysis: Why It Dropped Over the Weekend

Despite its popularity, Shiba Inu price trends have been increasingly volatile. Whale activity dwindled over the weekend, which resulted in fewer trading volumes and a fall in the currency. There are two primary causes of the decreased momentum:

● Over-reliance on Hype: Although Shiba Inu became popular as a meme coin, its limited usefulness has raised doubts about its long-term worth.
● Increasing Competition: Investors are turning their focus away from meme-based initiatives to newer tokens with practical uses, such as Remittix.

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The price hasn’t stabilized yet despite continuous improvements made by Shiba Inu’s creators, including enhancements to its Shibarium Layer-2 blockchain.

Dogecoin Market Trends: Understanding the Weekend Decline

A similar outcome occurred with Dogecoin, which saw a drop in value over the weekend. A 10% drop in transaction volume suggested that investor sentiment had changed. Among the contributing elements are:

● Reduced Social Media Influence: At the beginning of Dogecoin’s run, Elon Musk’s tweets influenced Dogecoin to surge, the excitement has subsided, which has resulted in less interest from speculators.
● Lack of Utility: Like Shiba Inu, Dogecoin struggles to compete with tokens offering practical applications, such as Remittix.

Despite its loyal following, Dogecoin’s price trends seem to depend mostly on speculative trading rather than long-term usage. Because of this, it is vulnerable to sudden changes in the market, like the ones that occurred over the weekend.

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Remittix New Highs vs Meme Coin Dips

Unlike Shiba Inu and Dogecoin, Remittix had a great weekend. Intending to revolutionize cross-border payments, this coin is quickly gaining traction. Remittix, in contrast to meme coins, offers practical functionality by enabling users to change between cryptocurrencies and fiat money with ease and affordability.

Here’s why Remittix continues to rise while meme coins falter:

1. Massive Presale Success: The ongoing presale has already raised over $4 million. This shows that the investors are confident in the project.
2. Utility-Driven Growth: Remittix is establishing itself as a long-term participant in the cryptocurrency market by concentrating on finding solutions to real-world issues.
3. Market Forecasts: Because of Remittix’s creative environment and huge presale support, analysts are optimistic about the company and project 50x to 100x growth in 2024.

A few factors set Remittix apart:

● Real-World Applications: Unlike Shiba Inu and Dogecoin, Remittixs offers tangible solutions in the crypto-to-fiat space.
● Impressive Market Interest: Its presale success signals growing demand and confidence in its potential.
● Scalable Ecosystem: With features designed to cater to a global audience, Remittix is built for sustained growth.

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Why Remittix is the One to Watch

The different outcomes of meme coins such as Dogecoin and Shiba Inu in comparison to Remittix underscore the increasing significance of usefulness in the cryptocurrency realm. Tokens like Remittix are designed for long-term success but meme coins can still get attention in the near term.

With a presale that’s already a runaway success and experts projecting 100x growth in 2024, Remittix is a token you don’t want to overlook.

For the latest updates, check out thelinktree.

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

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Davos 2025: Vijay Shekhar Sharma on Paytm’s Recovery, Past Mistakes and Going Global

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Vijay Shekhar Sharma talks about Paytm’s recovery path and what he’s learnt since India’s regulators all but shut down the fintech’s banking affiliate last year. He speaks with Bloomberg’s Menaka Doshi at the World Economic Forum’s annual meeting in Davos, Switzerland. (Source: Bloomberg)

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Trump targets EV charging funding programs Tesla benefits from

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KETTLEMAN CITY, CA - JUNE 19: A deserted array of Tesla charging stations is viewed at 9 a.m. on June 19, 2024 in Kettleman City, California. Kettleman City offers fast food and an excess of Tesla electrical charging stations for travelers on Interstate 5 between Los Angeles and the San Francisco Bay Area. (Photo by George Rose/Getty Images)

President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla — the latest example of how Elon Musk’s political interests seem to be at odds with his car company’s goal of advancing sustainable energy.

It’s not a given that Trump’s gambit will succeed. But if it does, Tesla could be cut off from two sources of funding that the automaker has tapped the past two years to build out its market-leading EV charging network.

In one of the myriad executive orders Trump signed on the first day of his second term, he declared that “[a]ll agencies shall immediately pause the disbursement of funds” from programs created by the Inflation Reduction Act and Bipartisan Infrastructure Law. He specifically calls out stopping funding for EV charging stations that’s been made available through the National Electric Vehicle Infrastructure (NEVI) Formula Program and the Charging and Fueling Infrastructure (CFI) grant program.

Those agencies are supposed to submit a review of “processes, policies, and programs for issuing grants, loans, contracts, or any other financial disbursements” within 90 days of the date of this order, and all agency heads shall submit a report to the Office of Management and Budget (OMB) and the National Economic Council (NEC). The order also states that agencies cannot disburse more funds unless the “Director of OMB and Assistant to the President for Economic Policy have determined that such disbursements are consistent with any review recommendations they have chosen to adopt.”

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Musk has long claimed that Tesla’s mission is “accelerating the transition to sustainable energy.” But he is now officially working with the second Trump administration, which took big swings at sustainable energy on its first day. Trump has already signed orders halting federal leases for offshore wind development, pulled the United States out of the Paris climate agreement, and is trying to reverse other Biden administration EV policies.

Tesla was recently part of a group that won a $100 million award from the CFI program to build out charging infrastructure for heavy-duty electric trucks across Illinois, as TechCrunch first reported last week. The company was hoping to secure around $40 million from the group’s original funding request of $126 million. Tesla has also repeatedly sought around $100 million in CFI funding to build a truck-charging corridor between Northern California and southern Texas, but that application has been passed over multiple times.

Tesla’s CFI award in Illinois is a small portion of the nearly $2 billion the Department of Transportation has allocated over the last two years. Tesla has won a much greater share of grants from the NEVI program — which doles out smaller amounts of money to states, which, in turn, use those funds to offer grants to build charging infrastructure. Tesla had won around 13% of all NEVI awards by the middle of 2024 and was using those millions to further build out its Supercharger network, which is now open to almost all competing EVs.

Trump could slow or stop the flow of future spending from these programs, according to Martin Lockman, a fellow at Columbia Law School’s Sabin Center for Climate Change Law. He might especially be able to do so if his administration is successful in its promised legal fight over the Impoundment Control Act, which limits the president’s ability to stop Congress from spending money that’s been appropriated.

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“There’s a lot of wiggle room here, and the Trump administration will certainly do everything that it can to delay spending under these bills,” Lockman said.

It is not clear that Trump can legally stop the funding of awards that are already under contract, though.

“People who have contracts today have rights under those contracts, and the President can’t take them away,” he said.

But, Lockman cautioned, if agencies feel enough pressure from Trump, they could violate the terms of those contracts — and potentially the laws that established the funding programs in the first place — and refuse to give out the money. In that situation, the companies, state and local agencies, or other entities that won awards from NEVI or CFI would have to fight to get them fulfilled.

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“If the new administration wants to make people fight for their contracts in court, that would certainly be a huge barrier to building EV infrastructure,” he said.

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US crypto stocks close down as industry still awaiting Trump action

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US crypto stocks closed Jan. 21 down across the board as President Donald Trump is yet to action his promised plans for the industry.

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Workers are becoming increasingly secretive at work—and Gen Z is the most likely to hide parts of themselves

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Global tension is sending staffers into hiding, and young workers grew up seeing consequences pan out on the internet. Read More

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Upgrade to Windows 11 Pro for Only $19.97

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Upgrade to Windows 11 Pro for Only $19.97

Microsoft is basically the biggest name in the business world, whether we’re talking about Microsoft Office apps or Windows running on our computers. One thing they have nailed down is recognizing that their products are well-loved for their simple and familiar interface, but still offering regular updates.

Windows 11 Pro was specifically designed for business professionals. You’ll find new tools for productivity and balancing hybrid or remote work with life. With this deal, you can upgrade three devices to Windows 11 Pro — rated 4.5/5 stars by verified purchasers — for just $19.97 at TechRepublic Academy.

New look, new features

The first thing you’ll notice is a redesigned user interface. Rounded app corners, a centered bottom taskbar, snap layouts and widgets all give your computer a refreshed, yet familiar, appearance while offering the latest tools.

Then, there’s layers of security features like Microsoft Information Protection that protects your personal data from leaks and BitLocker device encryption that encrypts your hard drive with a key. Both of these are excellent for shielding your personal and work information from harm.

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Designed for the workforce

If you’re a remote or hybrid worker, or a business owner or manager with employees around the globe, you’ll appreciate things like:

  • Windows Information Protection allows you to separate work and personal data on the same device.
  • Remote desktop access is included from anywhere. Connect to your Windows 11 Pro computer from another computer, a tablet or a smartphone.
  • Group Policy Management tools allow enforcement of policies and compliance. Administrators can create settings or access for different devices, users and groups.

Upgrade your operating system to Windows 11 Pro on three devices for only $19.97 (reg. $199), now at TechRepublic Academy, so be sure to take advantage of it before it’s gone.

Prices and availability are subject to change.

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BTC tests $110k resistance, SOL eyes $250 stability, this $0.0008 token may be crypto’s next big thing

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BTC nears $100k, while Catzilla gains attention with explosive 1000x growth potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Bitcoin nears new highs, Solana seeks stability, and a $0.0008 token captures investor interest.

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Bitcoin is pushing toward new highs, drawing attention as its value edges close to a substantial figure. Meanwhile, Solana aims to find stability amid market shifts. Amid these developments, a tiny token priced at fractions of a cent is sparking curiosity among investors. Could this under-the-radar cryptocurrency become a standout performer in the bullish market phase?

Catzilla: Changing meme coins with purpose

Greed? Conquered.
Crypto Manipulators? Challenged.
Scammers? Unmasked.

Enter Catzilla — the fearless disruptor in the world of decentralized finance (DeFi). Catzilla isn’t just another meme coin; it’s a movement designed to empower individuals, confront corruption, and deliver real financial opportunities. Backed by a passionate community, this game-changing project is set to transform the crypto ecosystem

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BTC tests $110k resistance, SOL eyes $250 stability, this $0.0008 token may be crypto’s next big thing - 1

Why Catzilla stands out

From Short-Term Hype to Long-Term Growth
While many meme coins fizzle out after the initial hype, Catzilla is built for longevity. With a structured presale beginning at $0.0002 and climbing to $0.0016 over 14 stages, early investors can secure CATZILLA tokens at an 88% discount — a rare opportunity for exponential growth.

Triple utility: More than just a token

  • Governance: Shape Catzilla’s future through community-driven decisions.
  • Incentives: Earn rewards for your active participation and support.
  • Staking: Stake your CATZILLA tokens to unlock potential passive income streams.

Catzilla’s vision

Catzilla isn’t here to play by outdated rules. It’s a beacon for investors, meme enthusiasts, and crypto innovators who want to be part of something bigger — where creativity, transparency, and potential meet.

Whether someone is a seasoned trader or new to crypto, Catzilla offers a dynamic and inclusive platform for exploring financial opportunities with a side of fun.

Don’t Miss Out: Grab CATZILLA tokens now and become part of a movement that aims to redefine the meme coin landscape. Together, we’re unstoppable! 

Bitcoin on the brink of a bullish breakout

Bitcoin is moving within a strong price range, showing potential for growth. Currently priced between $91k and $109k, it eyes the $116k resistance level. If surpassed, it could climb towards $133k, representing a potential rise of about 22%. The RSI hovers around the neutral 51 mark, while the Stochastic indicator suggests buying pressure. 

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The MACD is slightly negative, hinting at consolidation before a possible rally. Short-term averages align closely with the current price, indicating a stable trend. Recent performance shows a solid increase, with nearly a 10% rise in a week. The 6-month surge of almost 59% hints at continued bullish momentum. Bitcoin enthusiasts anticipate significant upward movement!

Solana gears up for potential price breakout

Solana‘s price shows dynamic movement within a range of $182 to $308. The current outlook is promising, with an impressive 1-week rise of over 30%. The RSI of under 50 suggests potential room for more upward movement. If Solana breaks the $365 resistance, it could accelerate toward the next target at $491. However, should the price hit the support level near $113, further drops could be expected. With its MACD slightly negative and steady stochastic values, Solana has the potential to see a notable rebound. If the market sentiment turns bullish, Solana’s price could experience a surge of over 60% from its current trajectory.

Conclusion

While BTC and SOL show limited short-term potential, the spotlight shifts to Catzilla. This token offers a 700% ROI during its presale, starting at $0.0002 and rising to $0.0016 over 14 stages. With governance rights, reward incentives, and staking options, Catzilla aims to unite enthusiasts seeking financial freedom and invites participation against crypto villains.

To learn more about Catzilla, visit the website, X, Telegram chat.

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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NYT Connections today — my hints and answers for Wednesday, January 22 (game #591)

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NYT Connections today — my hints and answers for Tuesday, December 17 (game #555)

Good morning! Let’s play Connections, the NYT’s clever word game that challenges you to group answers in various categories. It can be tough, so read on if you need clues.

What should you do once you’ve finished? Why, play some more word games of course. I’ve also got daily Strands hints and answers and Quordle hints and answers articles if you need help for those too, while Marc’s Wordle today page covers the original viral word game.

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XRP Price Sets the Stage for More Gains: Bulls Hold the Momentum

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XRP Price Sets the Stage for More Gains: Bulls Hold the Momentum

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

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Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

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