
World Economic Forum Clears Schwab and Names Fink as Co-Chair
The body also said that Blackrock Inc. 's Larry Fink and Roche Holding AG vice chairman Andre Hoffmann will take over the leadership of the WEF board of trustees on an interim basis, according to a statement late Friday. Interim chairman Peter Brabeck-Letmathe is stepping down.
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44 minutes ago
- Yahoo
Fabrizio Romano says Premier League star WILL join Liverpool
Fabrizio Romano has essentially confirmed that one Premier League star will join Liverpool. It seems this one is going to happen. Liverpool have been busier than anyone in this transfer window as they've overhauled their squad. Perhaps nothing shows that off more than the fact they've spent the most money while also raking in the most. In fact, despite breaking their transfer record, signing the two most expensive full-backs in their history, and paying the most they ever have on a centre-forward, Liverpool aren't even in the top five for net spend in the Premier League. It's been remarkable. Shop the LFC Store LFC x adidas Shop the home range today! LFC x adidas Shop the goalkeeper range today LFC x adidas Shop the new adidas range today! Ridiculously, they're not even done. Liverpool just signed Giovanni Leoni from Parma and have several sales in mind. Ben Doak, to name one, should depart for Bournemouth before long. We'll see what happens with Harvey Elliott, too. Alexander Isak is the big name wanted before the window closes and Liverpool are hoping to convince Newcastle United to sell. But even that's not all of - there's another Premier League star on the agenda. Liverpool want Marc Guehi Liverpool are pushing to sign Marc Guehi before the window closes. There's potential for a cut-price deal there as the centre-back is now in the final year of his contract at Crystal Palace. Chairman Steve Parish has publicly admitted they'll try to sell, too. It's all about finding the right price. But Fabrizio Romano claims that even if Liverpool don't find that price, Guehi will ultimately land at Anfield. It might just need to wait a year. "On Liverpool, I insist they are still working for Marc Guehi," Romano said on YouTube. "There's still a conversation ongoing with Crystal Palace, still a conversation ongoing with the player side because the agreement with the player is okay, from what I'm hearing. "Still waiting to see what happens club to club. But Marc Guehi wants to go to Liverpool. If it's not now, it's going to be in the future." It seems we're either seeing Guehi arrive at Liverpool in the next two weeks or we're seeing it next summer, then. Romano certainly believes so. We imagine a lot of it might hinge on what Real Madrid plan to do with Ibrahima Konate. He's also out of contract in a year and Los Blancos want to sign him. Maybe they'll wait, but maybe they'll try a late push. Guehi would certainly be an ideal replacement.
Yahoo
44 minutes ago
- Yahoo
Canary CEO Predicts Bitcoin Will Hit $150K This Year—But Ethereum Surge Won't Last
Bitcoin could climb as high as $150,000 before the end of the year, followed by another bear market in 2026, according to Steven McClurg, CEO of Canary Capital. But he's not convinced that the recent Ethereum surge will continue. The BTC prediction comes as crypto markets flirt with record highs and institutional investors pile into exchange-traded funds (ETFs). Bitcoin hit a new all-time high of $124,128 on Wednesday. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA 'There's a greater than 50% chance that Bitcoin goes to the $140,000 to $150,000 range this year before we see another bear market next year,' McClurg said in a Friday interview with CNBC. McClurg attributed the rally to rising demand from ETFs and an expanding base of institutional buyers, including sovereign wealth funds, pensions, and corporate treasuries. 'These inflows are creating a higher price in Bitcoin,' he said. The forecast comes as Canary Capital has filed ETF applications tied to several altcoins, including XRP, Sui, Cronus (CRO), Hedera (HBAR), and President Trump's official meme coin on Solana. The firm has not filed an ETF application related to Ethereum, which McClurg criticized as an outdated network—though ETH has been the biggest gainer in recent weeks among major cryptocurrencies, nearing an all-time high on Thursday before cooling off alongside the broader market. 'I'm not a big fan of Ethereum, only because it is an older technology,' he said. 'There's a lot of other protocols that are faster, cheaper to transact, and fundamentally more secure.' What's Driving Ethereum's Surge—And Can It Last? McClurg credited Ethereum with 'a great run over about a five-year period,' but said newer blockchains like Solana and Sui have eclipsed it. 'I do expect it to wane and not see all-time highs,' he added. One analyst that Decrypt spoke with questioned McClurg's skepticism toward Ethereum. 'Ethereum will be extremely hard to compete with despite what some call 'older tech,' because Ethereum owns the developer ecosystem,' Amberdata Director of Derivatives Greg Magadini told Decrypt. 'It's like the iPhone platform that enables developers to build apps directly on its infrastructure. Those network effects only compound over time.' Magadini predicts Ethereum will catch up to Bitcoin on a relative basis, with ETH/BTC reaching 7%—implying an ETH price between $8,000 and $10,000. Despite this, Magadini agreed that Bitcoin could exceed $150,000 in 2025, driven by inflation hedging and investor appetite for risk. 'Given the combination of an equity market rally and political pressure on the Fed to cut rates while inflation remains high, we have the perfect context for higher Bitcoin prices,' he said. 'Bitcoin moves like a mix of digital gold and a risk-on asset—and right now, both those sentiments are helping prices move higher.' Canary's McClurg also floated the idea of a Litecoin comeback, comparing it to 'silver' alongside Bitcoin's 'gold.' The firm has also filed with the SEC to launch a spot Litecoin ETF. Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst 'Litecoin has the ability to process Ordinals a lot faster,' McClurg said, referring to the digital art and data inscription that critics say has strained the Bitcoin network (though less so lately). 'So I do expect Litecoin to come back in a major way and to be used for smaller transactions.' McClurg further noted that crypto's seasonality could add volatility in the months ahead. 'August is historically a bad month for any risk asset, especially cryptocurrencies,' he said. 'September and October are usually very strong.' Canary Capital did not immediately respond to Decrypt's request for comment.
Yahoo
an hour ago
- Yahoo
Denver man called United Airlines real customer service — then got transferred to someone who took $17K. How?
Dan Smoker's dream family trip to Europe turned into a nightmare—not because of a cancellation, but due to a call he made to United Airlines. After his initial flight was canceled due to mechanical issues, Smoker spent over three painstaking hours on the phone with United trying to rebook. He connected with an agent named 'David,' who promised to charge for the new ticket, upgraded Smoker to premium economy and said the original cost would be refunded. A confirmation email followed — addressing refund timelines, oddly, from a non-United email. Months later, no refund had arrived. Upon investigating his credit card bill, he found the legitimate charges from United Airlines for Smoker's rebooked flight, along with another charge for $17,000 listed under the alias "AIRLINEFARE." Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Scammed — but how? After consumer investigator Steve Staeger examined the confirmation email, he immediately noticed several red flags indicating a possible scam. "I figured Dan had been taken advantage of, thought maybe he'd Googled a number for United," Staeger says in a WGRZ video, "but he didn't." Both Smoker and Staeger confirmed using call logs that Smoker had called United Airlines' official customer service number, and the call log showed confirmed three hours he had spent on the phone were with United. 'The more I looked into it, the more clear it became that it was a scam via United's system somehow," Smoker said. "Now how that happened? I have no idea.' On United's end, however, a representative told him the three-hour call connected with David was only in their internal call log for 12 minutes. United confirms they logged several calls from Smoker's number and have launched an internal review. However, the airline couldn't explain how the call was transferred to the alleged scammer or why their own logs recorded a much shorter call duration. Smoker has filed a fraud report with his credit card provider while awaiting resolution. 'They have a system that people are supposed to trust,' Smoker said. 'I trusted that system. There was no reason that I shouldn't have trusted that system, and I was scammed as a part of it.' 'We've been in direct contact with the customer to understand what happened in this case,' a United spokeswoman said in a statement. 'We are reviewing this matter thoroughly. We're committed to finding a fair resolution for him.' She did not answer any questions on how Smoker's call could have been redirected. A broader rise of airline scams While Dan Smoker's case stands out as he was somehow intercepted or rerouted through United's offical line, it's part of a broader trend of scammers cashing in on airline cancellations. The urgency and panic that comes with rebooking a cancelled flight makes airline customers a prime target for phishing in scammers books. Recent investigations by consumer watchdogs like the Better Business Bureau (BBB) and AARP show how widespread the threat has become. The BBB issues frequent alerts about fake airline customer service numbers leading to billing scams, and reports via their Scam Tracker database note how even trusted sources like Google can populate fraudulent numbers that impersonate airline support. Scammers often purchase top ad placement or manipulate Google search results to insert fake numbers at the top of your query—meaning customers often think they're getting help, not pitching money. AARP has documented similar cases, where frustrated travelers searching online for help ended up paying twice — once to the airline and again to a fraudster disguised as a booking agent. Scammers also exploit social media by replying to posts complaining about cancelled flights with phony offers of assistance. Read more: Nervous about the stock market? Gain potential quarterly income through this $1B private real estate fund — even if you're not a millionaire. How consumers can protect themselves Airline scams are evolving so quickly that even travelers who do everything 'by the book' can get caught in the trap. The best protection starts with knowing what red flags to look for. Experts warn that you should only ever contact an airline through its official channels, either the number listed on its verified website or inside the company's app. Refund emails should always come from a legitimate domain like @ never a generic address. And while it might be second nature to type 'United customer service' into Google, that's one of the biggest dangers: scammers buy ads or spoof listings to make fake call center numbers appear at the top of search results. Even if you're on the phone with someone who seems helpful, remember that real agents won't demand you pay upfront for a refund or push you to make unusual financial transactions. If something about the interaction feels off — say, the call log shows a different length than what you remember, or you can't get a case number — it's worth hanging up and calling back through a different verified line. Finally, timing matters. If you do see an unexpected charge, don't wait it out. Contact your bank immediately, dispute the charge, and let the airline know what happened. Quick action often makes the difference between recovering your money and losing it for good. Bottom line This case is alarming as Smoker's wasn't duped by a fake Google listing or social media post — he dialed the official United line. Somehow, his call still went sideways. You shouldn't have to second-guess an airline's own customer service line — yet scams are increasingly blurring the lines between real systems and fake ones. When trust in the system breaks down, vigilance becomes the traveler's best defense. By sticking to official channels, questioning odd requests, and acting fast when something doesn't add up, you can keep your dream trip from turning into a financial nightmare. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Solve the daily Crossword