BlackRock launches stock ETF with 100% downside hedge – Yahoo Finance
(Reuters) – BlackRock Inc, the world’s largest asset manager, said on Monday it has launched a “buffer” exchange-traded fund aimed at offering a 100% downside hedge to risk-averse investors looking to invest in the stock market. So-called buffer or risk-managed ETFs maximize returns from investors’ assets while providing protection from downside risk over a specific […]
5 NHL Draft winners and losers in 2024, starring the Canadiens, Ducks, and more
The 2024 NHL Draft is over, and it’s always one of the most difficult to interpret. With so many young players and multinational scouting, the majority of the players selected on Friday and Saturday won’t play on NHL ice for several years. So this is more of an effort to bolster the pipeline than to […]
France’s Right Notches Massive Wins In Key Elections Against Macron’s Liberal Wing
France’s right-wing parties won a landslide victory in the first round of the country’s general election on Sunday, dealing a blow to President Emmanuel Macron’s liberal coalition. In France’s nationwide parliamentary elections on Sunday, the right-wing National Rally party won 33% of the vote, while Macron’s Renaissance party got just 21%. according to Although the […]
Supreme Court affirms ‘absolute immunity’ for official acts in Trump case
The US Supreme Court ruled Monday that former President Donald Trump enjoys “absolute” immunity from prosecution for his “official duties” while in office, but left the precise scope of that protection to be determined by lower courts. The Supreme Court’s 6-3 decision voided an earlier ruling by a federal judge in Washington and paved the […]
Supreme Court dismisses state challenges to red state restrictions on social media platforms
The Supreme Court on Monday rejected challenges to Florida and Texas laws that limit how large social media companies can moderate user content. The bills would require big tech companies like Twitter and Facebook to host third-party communications, while prohibiting them from blocking or removing users’ posts based on their political views. In a unanimous […]
Supreme Court Says Presidents Covered by Limited Immunity
The US Supreme Court on Monday sided with former President Donald Trump, ruling 6-3 that presidents have limited immunity from criminal prosecution for acts committed while in office. The decision here. According to the summary of the judgment, the court ruled as follows: Under our constitutional separation of powers structure, the nature of presidential power […]
Eddie Murphy says David Spade made racist joke in 1995
Comedian Eddie Murphy said he suffered many “vile attacks” during his career, including racist abuse, particularly in the 1980s and 1990s. Murphy said it was “a whole different world” when he was popular in the ’80s, when he was selling out arenas and appearing in films such as “Beverly Hills Cop.” The 63-year-old said the […]
Supreme Court sends challenge to Florida, Texas laws restricting social media regulation back to lower courts
The Supreme Court on Monday sent back to lower courts challenges to Florida and Texas laws that limit social media giants’ content censorship. In the joint decisions of NetChoice v. Paxton and Moody v. NetChoice, written by Justice Elana Kagan, the Supreme Court concluded that neither lower court “had conducted an adequate analysis of the […]
Supreme Court extends regulatory statute of limitations clock in ‘swipe fees’ ruling
The Supreme Court made it easier to challenge federal regulations by ruling Monday that the six-year limitations period under the Administrative Procedure Act doesn’t start running until a plaintiff is harmed by a regulation. In an ideologically aligned 6-3 decision, the court’s conservative majority ruled that the statute of limitations does not start to run […]
Chewy stock briefly soars after ‘Roaring Kitty’ discloses 6.6% stake
Shares of online pet food retailer Chewy jumped more than 10% in premarket trading Monday after the company revealed that internet meme stock star “Roaring Kitty” owns a sizable stake in the company, but then began to fall after the opening bell. Keith Gill, a popular social media influencer with more than 1.6 million online […]