Chesnot | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency. The decision will likely lead to the conversion of the Grayscale Bitcoin Trust, which
Municipals continued to experience a short-end correction Wednesday amid a busy day in the primary market which saw Jefferson County, Alabama’s, mega sewer refunding deal price along with a billion-plus of Massachusetts GOs offered to retail. U.S. Treasuries were slightly weaker out long and equities were in the black near the close. The municipal AAA
The complex relationship between municipal bond issuance and natural disasters is inspiring political debate and conflicting viewpoints with some experts predicting a tidal surge of issuance. “With or without Congressional intervention, state and local governments are likely to expand medium and long-term borrowing programs to address climate change mitigation and adaptation,” said Tom Doe, president,
Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters Crypto investors are waiting for the Securities and Exchange Commission to approve a raft of spot bitcoin applications, likely Wednesday With a spot bitcoin ETF now looking very real, attention is turning to the
Loading… Loading… The COVID-19 pandemic brought an influx of new retail traders to the public stock markets. Post-pandemic, many of the retail traders are sticking around. Nasdaq NDAQ senior vice president and global head of data Brandon Tepper recognized this trend. "We've actually seen a huge rise in activity through the pandemic," Tepper told Benzinga
A new video proclaiming God Made Trump went viral and sparked pushback from Christian and conservative commentators across the spectrum over the weekend, who said the videos messianic-like message — it claims Trump will never leave nor forsake America — is blasphemous. Trump shared the 150-second video on his Truth Social accounts, and it
Drug imports, eh? — Canada vows to defend its drug supply against Florida importation plan Canada adds that importing its drugs will not solve America’s drug pricing problems. Beth Mole – Jan 9, 2024 10:16 pm UTC Enlarge / A Royal Canadian Mounted Police officer stands guard outside the Senate of Canada prior to the
Loading… Loading… The once high-flying and now defunct German payment processing and financial services company, Wirecard, fell into oblivion after a fraud that involved the siphoning off of $2 billion from the companys balance sheet in June 2020 was uncovered. A new Wall Street Journal report now says the tainted companys COO Jan Marsalek may
According to the National Transportation Safety Board, a piece of a Boeing 737 Alaska Airlines plane that detached mid-flight has been found in a mans backyard in Portland. Following its takeoff from Portland, Oregon, to Ontario, Canada, last Friday, a refrigerator-sized door plug blew off from the plane, prompting an emergency landing.At the time of
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
Loading… Loading… A new survey reveals that 99% of U.S. financial services companies put similar, or more focus, on crypto or blockchain projects in 2023 compared to prior years. What Happened: Paxos surveyed 400 U.S.-based executives from companies with at least $50 billion in assets under management or $50 billion annual payments volume. Here's a
Loading… Loading… The Bitcoin BTC/USD ecosystem is predicted to witness unprecedented opportunities and growth in 2024, according to areportthatdissects macro and micro trends andforecastsa bright future for the largest cryptocurrency and related assets. Foremost among the predictions made by the analysis, titled Bitget's 2024 Bitcoin Report,is the surge in value for popular cryptocurrencies such as
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
Out of harm’s way? — Facebook, Instagram block teens from sensitive content, even from friends Meta hiding harmful content from teens isnt enough, whistleblower says. Ashley Belanger – Jan 9, 2024 10:38 pm UTC Enlarge reader comments 65 Meta has begun hiding sensitive content from teenagers under the age of 18 on Facebook and Instagram,
Loading… Loading… From July 2021, Visa entered a consolidation phase, with its stock price oscillating between $174 and $252, testing investor patience over a two-year period. Despite a minor pullback after reaching $263, Visa's stock found support at the daily 20 simple moving average around $255, suggesting a regaining of buyer momentum. Surpassing the previous
Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South. The bill passed the Republican-controlled House of Representatives on Thursday afternoon in a 7040 vote. DeSantis signed it into law hours
A “For Sale” outside a house in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved a little bit higher last week, for the second
The U.S. District Court’s interpretation gave more to Puerto Rico Electric Power Authority bondholders than legally allowed, the Puerto Rico Oversight Board told the First Circuit Court of Appeals. Not only are the bondholders wrong in claiming a lien on all revenues coming to PREPA but District Judge Laura Taylor Swain was wrong in awarding
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government awarded billions of pounds of contracts involving Fujitsu on Rishi Sunak’s watch after the Japanese company’s software was found to be at fault in the Post Office scandal in a landmark 2019
A for sale sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared with the same mont a year