Author: Press Room

Last updated: May 5, 2024 10:28 EDT | 2 min read After a prolonged period of continuous outflows, Grayscale’s Bitcoin Trust exchange-traded fund (ETF) recorded its first day of net positive inflows.According to preliminary data from Farside, on May 3, Grayscale’s Bitcoin Trust (GBTC) witnessed $63 million in net inflows. The positive momentum comes after an approximate $17.5 billion in outflows since the launch of 11 spot Bitcoin ETFs on January 11.Franklin Templeton’s Bitcoin ETF Sees Inflows Among the other funds making headlines, Franklin Templeton’s Bitcoin ETF saw its inflows reach a record high of $60.9 million. Meanwhile, Fidelity’s Wise Origin Bitcoin Fund led the day’s inflows with an impressive $102.6 million, followed closely by the Bitwise Bitcoin Fund with $33.5 million…

One of Goldman’s most visible female leaders is leaving the bank and Wall Street altogether.Stephanie Cohen, one of the few women in Goldman’s history to run a major division at the firm, went on a personal leave last June to focus on her family. During her sabbatical, she said, she considered her career — she’d increasingly been drawn toward the most tech-oriented parts of the organization, most recently serving as the head of platform solutions.”​​I just got to this place where it was, ‘I want to do this for real,'” Cohen told Business Insider in an interview. “This is what…

When you buy through our links, Business Insider may earn an affiliate commission. Learn more Apple’s AirPods and AirPods Pro are among the most popular wireless earbuds you can buy, offering great features and seamless integration with Apple devices. But if you’re not already invested in the company’s ecosystem of products — and especially if you don’t use an iPhone — you’re probably better off with a pair of earbuds less confined to all things Apple. That’s why we tested dozens of other models to compile a versatile list of the best AirPods alternatives. Our top pick is Apple’s own Beats…

Primaris Real Estate Investment Trust (OTC:PMREF) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Alex Avery – Chief Executive OfficerPat Sullivan – President, Chief Operating Officer Rags Davloor – Chief Financial Officer Leslie Buist – Senior Vice President, Finance Morde Bobrowsky – Senior Vice President, Legal Graham Procter – Senior Vice President, Asset Management Claire Mahaney – Vice President, Investor Relations & ESG Conference Call Participants Mark Rothschild – CanaccordLorne Kalmar – DesjardinsBrad Sturges – Raymond JamesMatt Kornack – National Bank FinancialSam Damiani – TD SecuritiesSumayya Syed – CIBCMario Saric – Scotiabank Operator Good morning…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rishi Sunak was facing renewed Conservative unrest on Saturday night after his party suffered crushing defeats in a series of mayoral contests including London and its flagship West Midlands.Some Tory MPs expressed dismay and anger, claiming they had been led to believe that Andy Street, the West Midlands mayor, would win and that the party would run Labour mayor Sadiq Khan close in London.But Khan easily defeated his rival Susan Hall to secure a third term in City Hall and then the…

As negotiators meet in Cairo on Saturday, US and Israeli officials say any potential agreement on a framework that would pair a temporary ceasefire with a release of hostages in Gaza would likely be followed by continued negotiations over the finer details of the deal. A final deal between the two parties is expected to take several more days to negotiate. Negotiators have made progress on the technical aspects of a potential deal, but two Israeli sources say it could take a week to finalize the deal itself. A US official echoed this point Saturday, saying even if Hamas accepts the deal…

In my first report from Alaska, I focused on the policy discussions in the state regarding retirement issues. Today, I’m sharing a bit more about my experiences here in Alaska. As spring breaks, I’ve found Alaska to be warm and welcoming. The people I’ve met with this week are friendly, honest, and sincere in their desire to find a workable solution to the state’s public workforce crisis. And even though there are disparate views on a solution – including reforming retirement, raising salaries, or paying bonuses – the people I’ve talked with are genuinely interested in learning the facts and…

The U.S. added 175,000 jobs in April, according to the Bureau of Labor Statistics Employment Situation report. That’s a small jump compared to the average monthly increase of 242,000 that occurred over the last 12 months. In April, the unemployment rate sat at 3.9%, up slightly from 3.8% in March, putting the total number of unemployed individuals at 6.5 million. Those who qualify as long-term unemployed — individuals without a job for 27 weeks or more — hovered at 1.3 million, practically unchanged from last month.Of the industries faced with job losses, the mining, quarrying and oil and gas extraction…

The Biden administration is continuing its mass student loan handouts as it announced another $6 billion that it would be giving to borrowers ahead of the 2024 election. “Today, my Administration is approving $6.1 billion in student debt cancellation for 317,000 borrowers who attended the Art Institutes,” President Biden said Wednesday.In the statement, the president and Education Secretary Miguel Cardona described the Art Institutes as “predatory” and said the new handouts would help students who were victims of their actions. “This institution falsified data, knowingly misled students, and cheated borrowers into taking on mountains of debt without leading to promising…

OMAHA, Neb. — Warren Buffett said that Berkshire Hathaway is looking into an investment in Canada.”We do not feel uncomfortable in any shape or form putting our money into Canada,” he told an arena full of investors Saturday. “In fact, we’re actually looking at one thing now.”The billionaire investor has placed bets in the country in the past. He’s previously taken a roughly $300 million position in Home Capital Group that investors took as a vote of confidence in the troubled Canadian mortgage underwriter.The “Oracle of Omaha” said during the annual shareholder meeting that he does not expect to make…