“Something with a long-term volatility of 80% can’t be considered a medium of exchange,” Sharmin Mossavar-Rahmani, head of consumer and investment management at Goldman Sachs, said in remarks at a recent conference reported by Bloomberg. “Just because everybody piles into an idea and talks it up doesn’t mean it’s a store of value.” To cite an extreme example, Bitcoin’s price in July 2010 increased 1000% in five days, rising from $0....

U.S. stocks gained 6.4% in the first quarter of 2020, while bond yields rose 3.6% and gold fell 10.3%. “In the context of Bitcoin’s historical returns, which have been quite remarkable, this period stands out as notable,” Greg Cipolaro, global head of research at New York Digital Investment Group, said in a research report. However, reduced volatility—not manic price swings ratcheting upward—could boost Bitcoin’s long-term valuation as major institutions move into the cryptocurrency to diversify their holdings....

On first blush, Melissa looks benign. In your e-mail in-box you get an “important message” from a friend. Open it up and you read, “Here is that document you asked for… don’t show anyone else ; - ).” There is a Microsoft Word file icon. Click on it and you see a list of passwords for pornography sites on the World Wide Web. While you ponder that, Melissa is secretly exploiting a Word feature that works with another Microsoft program, Outlook, which handles e-mail: it grabs the first 50 names in your address book and mails them the virus....

Teams with ocean exploration non-profit OceanX initially made the discovery in 2020 during an expedition in the Neom region of the northern Red Sea in Saudi Arabia. Black coral is usually found in the depths of the ocean. Other species are not usually abundant in the Red Sea, but this new one is. OceanX managed to gather samples from hundreds of colonies that were thriving in the warm waters....

Boebert, a Republican who represents Colorado’s 3rd congressional district, apologized to the Muslim community following remarks about Omar where she joked about a bomb in a backpack. The CBC issued a statement via Twitter on Friday calling Boebert’s behavior “despicable” and branding the comments “bigotry”, echoing Omar’s own response to the Republican. “The Islamophobic comments made by Representative Boebert are morally reprehensible and dangerous,” CBC chair Representative Joyce Beatty said in the statement....

Lowe’s is offering discounts of up to $700 on refrigerators, wall ovens, and freezers from brands including LG and Samsung, while Kohl’s has deals on small appliances from brands like Ninja and KitchenAid. Best Buy is giving $100 e-gift cards to customers who buy select appliance packages, among other deals. Finally, there are plenty of deals to be had at Target, including blenders and toaster ovens from Ninja and Cuisinart....

National Urban League President and CEO Marc Morial joined with the heads of three Wisconsin-based affiliates of the group on Wednesday to issue a statement calling for action in response to the violence of armed groups attacking protesters. Protests have been ongoing since the Sunday shooting of Blake, an unarmed Black man, who was left paralyzed from the waist down after being shot in the back by Kenosha police multiple times while attempting to enter his vehicle as his children watched....

A few years ago, I was talking to a Filipino-American friend, who observed, ““When you walk into a room, it’s very different than when I walk in.’’ What he meant is that strangers expect a black man and a Filipino man to be radically different things. He was making a comment, in short, on archetypes (or stereotypes), and on how they influence behavior – especially the behavior of whites toward blacks....

The crowd descended upon Wrigleyville to celebrate the Blackhawks’ third Stanley Cup in six years. MORE: Blackhawks establish dynasty | Must-see Stanley Cup Final photos | Get Blackhawks championship gear Duncan Keith shared the moment with his son. You can do what you want after winning the Conn Smythe Trophy .

In honor of her birthday festivities, Twitter users have joined in on the celebration by sharing GIFS, photos, and concert footage. Even famous singers, such as Boy George and Nancy Sinatra, have popped up on social media to send her birthday greetings. Sinatra stated, “That face! That face! Happy birthday, gorgeous! I’m so glad our paths cross now and then.” Chris Stein, co-founder and guitarist of the ’80s new wave band, shared numerous photos from his archives....

Researchers from the University of Edinburgh in Scotland and the Max Planck Institute for Biology of Ageing in Germany looked at three different aspects of biological aging and the genes associated with them: lifespan (total years lived)healthspan (years lived without disease)longevity (survival until an exceptional old age) Their research, published in a July 16 report in Nature Communications, found that the genes involved in metabolizing iron in the blood are connected to longer, healthier lives....

The 27-year-old was forced off in the 24th minute after going down with the injury, with Denis Cheryshev taking his place. Russia were 1-0 up at the time of Dzagoev’s injury after Yuri Gazinsky headed the hosts in front after 12 minutes. And Dzagoev’s replacement, Cheryshev, was able to make his presence felt as he scored twice to help Russia down Saudi Arabia 5-0. Villarreal man Cheryshev blasted home Russia’s second on the 43rd-minute mark before scoring a beautiful goal with the outside of his left foot to make it 4-0 in the second half....

We’re “retiring” (read firing) people at the age of 55, and look at the consequences. Married couples having lunch–with each other. Mall-walking gridlock. White-collar college graduates who liked Ike, hugging each other in support groups in church basements-the only embraces these days safe from sexual-harassment charges. And then there are frivolous matters like widening permanent unemployment, decreasing living standards and an increasing sense of worthlessness. Now they want us to endure 85 years of retirement?...

But “peace,” in whatever language, has become an almost mythical word in the Middle East today. It seems to hark back to a time as distant as King Solomon’s or Saladin’s reign–depending on your point of view–rather than a mere 20 months ago, at Camp David, when it seemed so close. Not long ago U.S. officials were calling the Oslo peace process that culminated in Camp David “irreversible.” Now Oslo is a fast-fading memory, and all that looks irreversible is the savage cycle of Old Testament justice, death for death, day in and day out....

John Davidson, the club’s director of hockey operations, and general manager Jarmo Kekalainen laid out what they say have been their proposals to Johansen’s agent, Kurt Overhardt. “Contracts have been extended on our behalf that are close to $50 million. I think that our group has been very fair. In fact, more than fair. And it’s nowhere near what they want,” Davidson told The Associated Press. “We’re trying to do the right thing for our organization....

The Blues on Sunday announced they have signed the center to a four-year contract extension worth $11 million that carries an average annual value of $2.75 million. Sundqvist’s contract for last season paid him $700,000, and he avoided arbitration by agreeing to a new deal. Sundqvist, 25, played a pivotal role in St. Louis’ Stanley Cup run as he set career highs in goals (14), assists (17) and points (31) through 75 regular-season games....

The field of golfers vying for the FedEx Cup championship was drastically cut after The Northern Trust on Sunday: from 125 to 70. That number, which no longer includes such distinguished talents as Brooks Koepka, Justin Rose or Jordan Spieth, will be further reduced in the second leg of the playoffs: the 2020 BMW Championship, which tees off this week at the Olympia Fields Country Club (Ill.) Dustin Johnson used a spectacular outing at The Northern Trust — a 30-under-par performance — to vault himself from the No....

Indiana Horse Racing Commission senior steward Stan Bowker told The Indianapolis Star on Friday the three-member board of stewards found the death of Juan Saez of Panama was “an unfortunate accident.” The board handed over its findings to the Indiana Horse Racing Commission after reviewing videotapes of the race at the Indiana Grand Racing & Casino track in Shelbyville. Saez was thrown from Montezuma Express while rounding a turn during the eighth race Tuesday....

On Wednesday, Bobby Portis joined Elfrid Payton and Marcus Morris as Knicks to be tossed for an unconventional reason. During a timeout, Portis caught a practice shot from Wizards guard Shabazz Napier and lobbed it at Napier while he walked off the floor. The basketball struck Napier in the arm. Portis, of course, has a history of unnecessary extracurriculars. He once broke former teammate Nikola Mirotic’s jaw during practice, and last month he was assessed a Flagrant 2 foul for smacking the Lakers’ Kentavious Caldwell-Pope in the head on a breakaway....

On September 4, during an organized search for Day, police discovered a body floating close to a bank of the Illinois River, near Peru. On Thursday, the LaSalle County coroner’s office confirmed the body was Day’s. The cause of death is not yet known. Day, 25, was last seen in Bloomington, Illinois, on August 24 on surveillance footage, and he was reported missing the following day, a report filed with the Bloomington police said....