Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general and Bitcoin in particular. Scripps News If you hold and trade in Bitcoin, Ethereum or any other cryptocurrency, you are probably bracing for the fallout from a
CHARLESTON, W.Va. (WSAZ) – The owners of The Greenbrier Resort announced Thursday a deal to avert public auction of the prized resort, yet that is just the latest development in a series of financial problems mounting for West Virginia Gov. Jim Justice’s family-owned businesses. It’s an issue WSAZ has been reporting on for years, starting
ETFs, as an investment vehicle, cover all types of asset classes, and index and active funds are seeing strong adoption across diverse areas. This is especially true as the global ETF industry saw a record-breaking 1,063 new ETF launches in the first seven months, surpassing the previous record of 988 recorded in the same period
UBS Group AG’s (UBS Quick QuoteUBS – Free Report) division — UBS Asset Management — has entered into a definitive agreement to divest the management of its Quantitative Investment Strategies (QIS) business to Manteio Partners LLC and its affiliates. The transaction is expected to close in the fourth quarter of 2024, subject to regulatory and
The Covid-19 pandemic was one of the key drivers (open banking the enabler) of global embedded finance adoption. According to Global Market Insights, the embedded finance market shot to $58 billion by 2022, and is estimated to clock-in a 29% compound annual growth rate (CAGR) until 2032 – by which point it could exceed
American Airlines’ (AAL Quick QuoteAAL – Free Report) financial stability is increasingly jeopardized by high operating expenses and low liquidity. Elevated costs, including labor, fuel, and repairs and maintenance, further strain the company’s bottom line. Also, low liquidity impedes its ability to meet obligations, making it an unattractive choice for investors’ portfolios. Let’s delve deeper.
Reading time: 2 minutes Attendees of the inaugural Innovations in Financial Intermediation Symposium The Shidler College of Business at the University of Hawaiʻi at Mānoa hosted its inaugural Innovations in Financial Intermediation Symposium (IFIS), marking a significant milestone for the college. The conference in June 2024 focused on financial intermediation, particularly the growing field of
DL News viewed the first page of a subpoena. The SEC issued similar subpoenas to at least two other crypto VCs. “It’s a natural additional enforcement area,” said a securities attorney. The US Securities and Exchange Commission has subpoenaed at least three crypto venture capital firms this year, according to a source familiar with the
A seasoned finance guru has revealed the four money moves he plans to make if Kamala Harris wins the 2024 presidential election. Sean Bryant warned there will be a ‘guaranteed impact’ on the US stock market no matter who wins the White House in November – Trump or Kamala Harris. If Democratic nominee wins the
New York Life Investments, whose parent company is New York Life Insurance Company, boasts a history of over 175 years and managed assets worth $725 billion as of Mar 31, 2024. It provides a diverse range of investment opportunities in equities, fixed-income, and alternative investments with a focus on growth, income generation and experienced management