The early winner in the bitcoin ETF race has raked in $1 billion – CNBC
Traditional asset management giants are all set in the race to gain a foothold in Bitcoin exchange-traded funds after a strong first week of results. As Bernstein analyst Gautam Chughani highlighted in a note to clients on Thursday, BlackRock's iShares Bitcoin Trust (IBIT) was one of the first spot Bitcoin ETFs approved last week. has […]
New York governor proposes budget, including $2.4 billion for migrant crisis in NYC while cutting aid to some schools
Democratic New York Governor Cathy Hochul is proposing to allocate $2.4 billion to address New York City's immigration crisis, even as she calls for aid cuts to some schools. Hochul is unveiled budget proposal A total of $233 billion was paid to the state Legislature in Albany on Tuesday. “New York continues to carry the […]
Burger King owner Restaurant Brands buys franchisee Carrols for $1 billion
Check out what's being clicked on FoxBusiness.com Burger King's parent company will acquire Carroll's Restaurant Group, the fast food chain's largest franchisee in the United States, for a whopping $1 billion. Restaurant Brands International, which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, announced Tuesday that it will acquire Carroll's for $9.55 per share […]
New York governor’s $2.4 billion initiative aims to address migrant influx
New York Governor Kathy Hochul has proposed a $2.4 billion plan to deal with the influx of immigrants overwhelming New York City's homeless shelters. The proposal is part of a $233 billion budget plan by the governor's office, which has begun negotiations with legislative leaders. The treatment of immigrants, including the approximately 70,000 people in […]
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The Internal Revenue Service (IRS) announced that taxpayers can begin paying taxes on their 2023 earnings starting January 29. (iStock) The Internal Revenue Service (IRS) has waived nonpayment penalties for eligible taxpayers affected by the 2020 and 2021 collection notice suspension. This penalty reduction will benefit nearly 5 million taxpayers, resulting in an estimated $1 […]
W.H.O. Appeals for $1.5+ Billion in Additional Funding
The World Health Organization (WHO) on Monday announced an appeal to its headquarters in Geneva, Switzerland, calling for more than $1.5 billion in additional funding to address the ongoing health crisis around the world. WHO Director-General Tedros Adhanom Ghebreyesus said: “This year we aim to reach around 87 million people with lifesaving humanitarian assistance,'' Reuters […]
‘Forever chemicals’ in microplastics rack up $250 billion a year in health care costs: Study
Microplastics, which contain “permanent chemicals,” add $250 billion annually to U.S. health care costs, according to a recent report. study Conducted by researchers at New York University, daily mail report. chemicals known as perfluoroalkyl substances or polyfluoroalkyl substances, or PFAS, is man-made and used in many products, including nonstick cookware, water-repellent clothing, stain-resistant fabrics, cleaning […]
Cummins to pay $1.675 billion in emissions ‘cheating’ settlement — and recall 630,000 trucks
Diesel engine maker Cummins has agreed to pay $1.675 billion to settle a civil lawsuit it filed against the Biden administration and the state of California for allegedly “rigging” emissions regulations, according to a report Wednesday. press release From the Ministry of Justice. According to the Department of Justice, the settlement agreement is the largest […]
Bitcoin ETFs Start With a Bang: $4.5 Billion on Day One of Trading – Decrypt
First day of newly minted spot Bitcoin ETF It's in the books and it did not disappoint. The freshman BTC fund cleared $4.5 billion worth of trading volume and achieved several outstanding milestones. If that sounds like a big number, that's because it is. Despite the uproar, market players across the board did not expect […]
Gavin Newsom Wants to Raid California’s ‘Rainy Day’ Fund to Help Fill $38 Billion Deficit
California Gov. Gavin Newsom (D) is proposing funding the state's “Rainy Day” fund to help plug the hole in the state's $38 billion deficit. That's a surprising shortfall considering the nearly $100 billion surplus the Golden State enjoyed. Exactly one year ago. As Breitbart News pointed out, California faces a shocking $98 billion surplus, partially […]