Bitcoin soars to new highs and oil jumps as outlook brightens, with US stocks set to slip as markets await fresh stimulus

Bitcoin rose above $48,000 for the first time after Tesla said it was backing the cryptocurrency. Equities investors took a breather but oil rallied.

View in browser Subscribe Insider Select brings you a personalized selection of our top stories, every day. Was this email forwarded to you? Sign up for Insider Select here. Bitcoin soars to new highs and oil jumps as outlook brightens, with US stocks set to slip as markets await fresh stimulus Bitcoin rose above $48,000 for the first time after Tesla said it was backing the cryptocurrency. Equities investors took a breather but oil rallied. READ MORE Premium How Exxon Mobil went from being the world's most valuable company to getting booted from the Dow and laying off thousands in less than a decade Poor structural decisions and the decline of the global oil industry are bringing the former oil empire to its knees. READ MORE Goldman Sachs boosts US GDP forecast to 6.8% in 2021 and now expects $1.5 trillion in COVID-19 stimulus The bank is expecting Biden's COVID-19 relief package to reach $1.5 trillion, up from its previous estimate of $1.1 trillion. READ MORE Premium 10 rising stars at self-driving companies like Waymo, Aurora, and Cruise share their best career advice Insider asked bright young stars from Waymo, Aurora, and Nuro for their advice on starting a career in the fast lane. READ MORE Bitcoin rockets to record high of $48,000 after Elon Musk's Tesla buys up $1.5 billion — with one backer saying the price could hit $100,000 this year Michael Novogratz predicted other companies would follow Elon Musk's Tesla, potentially driving the bitcoin price to $100,000 by the end of the year. READ MORE Premium Joe Biden's $15 minimum wage plan is complicating the stimulus action. There are two major hurdles: opposition on both sides, and an arcane Senate rule. A new CBO report showed increasing the hourly minimum wage to $15 would lead to the loss of 1.4 million jobs but lift 900,000 people out of poverty. READ MORE Columbia Law School professor explains what it takes for a president to be impeached What are the odds Donald Trump gets impeached? Columbia Law School professor Richard Briffault explains exactly how a president impeachment works. READ MORE Premium A business tax credit for keeping employees may be more helpful than a PPP loan — and you could be eligible for both December's relief bill expanded a tax credit for up to $14,000 per employee for eligible businesses. Insider spoke to an accountant to break it down. READ MORE Premium A Salesforce manager says she quit over 'countless microaggressions and inequity' at the $219 billion cloud software giant The former Salesforce senior manager's resignation letter raises concerns that the company's diversity rhetoric doesn't match employees' experiences. READ MORE Premium Oatly raised eyebrows ahead of its reported IPO with its quirky Super Bowl ad. Here are 8 other food companies that experts say could go public Impossible Foods and Chobani are among the food companies that could follow Oatly to a public offering, experts say. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006