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CFTC Begins New Stage of Crypto Initiative, Requests Public Feedback on Expanded Regulations

CFTC Begins New Stage of Crypto Initiative, Requests Public Feedback on Expanded Regulations

Simply put Caroline Fam, the acting committee chair, announced on Thursday that Sprint intends to expand its custody provisions, focusing on retail transactions, enhancing consumer protection, and that feedback will be gathered by October 20th. This effort is part of a four-phase initiative that kicked off on August 1st, running concurrently with the SEC’s Crypto […]

Trump’s trade agreements are harmful to the economy and a failure on the global stage.

Trump's trade agreements are harmful to the economy and a failure on the global stage.

Trade Agreements and Their Implications For many of President Trump’s supporters, the trade deals negotiated with the UK, Japan, and most recently, the European Union, are seen as strong evidence of the president’s negotiating style. It’s almost like a badge of honor for them. But, in reality, these agreements can be economically counterproductive and could […]

Orsted’s stock falls 30% as international trade takes center stage

Orsted's stock falls 30% as international trade takes center stage

European stocks are mixed European stocks closed with mixed results, as the regional Stoxx 600 index increased by 0.06%. In London, the FTSE 100 was up nearly 0.4%, while France’s CAC40 decreased by 0.6%. Meanwhile, Germany’s Dax dropped about 0.4%. The world’s largest sovereign wealth fund is cutting investments in Israel Norges Bank Investment Management, […]

Nancy Mace’s run for governor sets the stage for a contentious primary

Nancy Mace's run for governor sets the stage for a contentious primary

The entrance to the GOP Governor Primary in South Carolina, featuring Rep. Nancy Mace (R-S.C.), is shaping up to be quite tumultuous, with five Republicans vying for the state’s highest office. In early voting, Mace and state Attorney General Alan Wilson (R) are leading the charge, with Mace framing the contest as primarily a matchup […]

Telecom ETFs Take Center Stage Following VZ and T’s Strong Q2 Earnings

Telecom ETFs Take Center Stage Following VZ and T's Strong Q2 Earnings

The Telecom industry has shown impressive growth over the past year, with the S&P Telecom Select Industry Index reporting gains of over 40%, which is quite a leap compared to the S&P 500’s rise of 22%. This success can probably be linked to positive forecasts around AI and the potential for interest rate cuts, something […]

Katy Perry fan faints on stage during concert in Detroit

Katy Perry fan faints on stage during concert in Detroit

Katy Perry experienced a disturbing moment during a recent performance on her “Lifetime Tour.” The 40-year-old singer was joined by fans to sing her 2011 hit “The One That Got Away” at Little Caesar Arena in Detroit, Michigan. Things took a turn when she handed out shakers to the audience, and a young girl named […]