US President Donald Trump has continued to pressure Fed Chair Jerome Powell and the committee to lower rates from the benchmark 4.25% to 4.5%. This time around, the president has gone as far as sending a handwritten note to Powell, which contained a breakdown of how other countries have lower rates, in a bid to The post Donald Trump Calls ...
The United States Securities and Exchange Commission has delayed a decision on staking for the Bitwise Ethereum ETF. This decision comes after months of talks between Bitwise, NYSE Arca, and regulators. SEC Launches Fresh Review as Bitwise Pushes for Staking in Ethereum ETF The Ethereum ETF was first approved to hold Ethereum directly, but Bitwise The post Breaking: US SEC ...
Circle has formally applied for a banking license after its successful IPO, seeking to provide custodial services for itself and institutional clients. The US trust bank license application precedes an incoming robust stablecoin regulation as ecosystem activity heats up. Circle Applies For Trust Bank License According to a Reuters report, stablecoin issuer Circle is seeking The post Just In: Circle ...
The British Royal Household released its financial statement on Monday, revealing that the annual lump sum from the government remained at £86.3 million ($118.50 million). The sum, called the Sovereign Grant, pays for the upkeep of royal palaces and the royals’ official duties and is funded by British taxpayer money. In return, the monarch hands over all profits from the ...
Prosecutors in northern Mexico’s Sinaloa state are investigating the discovery of 20 male bodies with gunshot wounds – including five that were decapitated – on a bridge over a federal highway. Sinaloa Secretary General Feliciano Castro Meléndez called the case a “regrettable situation” and said it was “part of the violence and insecurity that Sinaloa is experiencing.” Since 2024, Culiacán ...
Turkish police arrested at least four cartoonists on Monday accused of drawing and distributing a cartoon that authorities and protesters say is a depiction of the Prophet Mohammed and Moses. The cartoon, published in a political satire magazine, shows what appears to be a Muslim and a Jewish man, both with wings and halos, shaking hands and greeting each other ...
A Greek Odyssey First of all, I apologize for any potential delays or inconsistencies this week. I’m currently writing this from a hotel room in Greece, surrounded by what I can only describe as the usual Greek chaos. Our flight back home was first delayed, then canceled, then rescheduled and delayed again. So instead of being back at my desk ...
In this video, Mary Ellen spotlights key pullback opportunities and reversal setups in the wake of a strong market week, one which saw all-time highs in the S&P 500 and Nasdaq. She breaks down the semiconductor surge and explores the bullish momentum in economically-sensitive sectors, including software, regional banks, and small-caps. Watch as she highlights top stocks to add to ...
Below is the EB Weekly Market Report that I sent out earlier to our EarningsBeats.com members. This will give you an idea of the depth of our weekly report, which is a very small piece of our regular service offerings. We called both the stock market top in February and stock market bottom in April, and encouraged EB members to ...
It’s a bittersweet day for Windows users. Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new black iteration in a blog post on Thursday, saying that it is “streamlining the unexpected restart experience.” The new black unexpected restart screen is slated to launch this summer on ...
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%. As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy ...
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%. As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy ...