Hong Kong-based crypto venture capital firm, CMCC Global, has unveiled its fourth crypto fund, emphasizing equity investments in budding blockchain startups with a primary focus on Hong Kong. The venture capital initiative is financially supported by Hong Kong billionaire, Richard Li. What Happened? CMCC Global raised $100 million in a crypto fund named Titan Fund,
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military bombarded more than 200 targets in the Gaza Strip overnight and said it had secured its border with the enclave, three days after an incursion by Hamas triggered the worst war on
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Municipals were firmer Tuesday, underperforming a U.S. Treasury flight-to-safety rally. Equities ended in the black. Triple-A muni yields fell up to 10 basis points while USTs rallied upwards of 15 basis points. The two-year muni-to-Treasury ratio Tuesday was at 73%, the three-year was at 73%, the five-year at 74%, the 10-year at 75% and the
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Three words told the story. Robert F. Kennedy Jr.s campaign had billed this afternoons event in Philadelphia as a much-anticipated announcement. Of course, that specific phrase may have been more true than intended. Ever since Kennedy entered the Democratic presidential primary race in the spring, observers had been anticipating that hed one day announce his
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I made history, didnt I? Kevin McCarthy was saying Tuesday night, a few hours after he in fact did, by becoming the first speaker of the House to ever be ousted from the job. History comes at you fastand then it hurtles on. By yesterday morning, the race to replace him was fully in motion,
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JPMorgan Chase & Co. JPM is adopting a product-operating model to compete with smaller, more agile financial services providers. Gill Haus, Chase's Chief Information Officer of Consumer and Community Banking (CCB), discussed this transition and post-pandemic trends with Benzinga. Heres an edited version of the conversation that transpired.BZ: What motivates you? Haus: We impact the
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The search term “live off grid” has reached the highest number of hits in internet searches in five years as increasingly more Americans realize they are screwed due to the financial terrorism of their overlords. American housing is now so obscenely expensive, and the country is in such shambles, that more Americans than perhaps ever
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JPMorgan Chase & Co. JPM is adopting a product-operating model to compete with smaller, more agile financial services providers. Gill Haus, Chase's Chief Information Officer of Consumer and Community Banking (CCB), discussed this transition and post-pandemic trends with Benzinga. Heres an edited version of the conversation that transpired.BZ: What motivates you? Haus: We impact the
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