Author: Press Room
Blockchain technology and tokenization could challenge the traditional ETF model.Janus Henderson said recently that it’s partnering with Anemoy Limited and Centrifuge to create Anemoy’s Liquid Treasury Fund (LTF), an on-chain technology-based fund that will give investors direct access to short-term U.S. Treasury bills.”It’s not necessarily a threat to the ETF industry,” Nick Cherney, Janus Henderson’s head of innovation, said on CNBC’s “ETF Edge” this week. “I think it’s more of a natural evolution of how we try to get the way in which we deliver investment services to clients to be more efficient and less costly.””We want to be early…
More than 13,000 immigrants convicted of homicide — either in the United States or abroad — are living freely in the U.S., outside of Immigration and Customs Enforcement detention, according to data ICE provided to Congress earlier this week.The immigrants are part of ICE’s “non-detained” docket, meaning the agency has some information on the immigrants and they have pending immigration cases in the U.S., but they are not currently in detention either because they are not prioritized for detention or because ICE cannot find them.Acting ICE Director P.J. Lechleitner sent the data, collected as of July 21, as part of a…
Chicago, America’s third-biggest city, is on the verge of losing its only intercity bus terminal, jeopardizing access for many low-income, elderly and minority travelers with few other transportation options. It’s part of a nationwide trend. Greyhound’s lease for its terminal in Chicago expires next month. Not only would that mean Greyhound could leave the city, but FlixBus, Barons, Burlington Trailways and other lines that also operate from the terminal could be forced to leave as well. A representative for Greyhound told CNN that there are no proposals for a lease extension. The city, which regulates curbside pickup and drop-off locations,…
This article was written byFollowAlberto holds a Master’s degree in Business Economics. During his academic career he acquired an extensive managerial and economic background, with a solid quantitative basis. He covers all sectors and the different types of stocks. Essentially describes a useful investment strategy that fits the profile of any investor, whether they are dividend investors or interested in a value proposition or growth opportunity.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel’s military hit Hizbollah’s “main command centre” in Beirut’s southern suburbs on Friday in a strike targeting Hassan Nasrallah, the group’s leader, in the most intense bombardment of Lebanon’s capital since the start of its offensive.The strike on Beirut came after Prime Minister Benjamin Netanyahu said in a defiant speech at the UN that Israel “must defeat” the Lebanese militant group despite growing international pressure for a ceasefire.The Israeli army said it had struck Hizbollah’s headquarters, which was located under residential buildings.…
The Supreme Court on Friday rejected a request from Robert F. Kennedy Jr. to appear on New York’s presidential ballot even though he suspended his campaign last month and backed former President Donald Trump. The high court turned away Kennedy’s longshot appeal without comment and there were no noted dissents. In an emergency appeal filed this month, the former independent presidential candidate argued voters who signed petitions supporting his placement on New York’s ballot had “a constitutional right…to vote for him, whether he is campaigning for their vote or not.” State election officials dumped Kennedy’s name because he included an invalid address on…
The Social Security Administration recently introduced enhancements that should make it easier for beneficiaries to do business with the agency. One change is the acceptance of many more electronic signatures and form submissions. Most correspondence and forms no longer will require a physical, or wet, signature. Social Security said 50 forms and almost 80 types of evidence now can be submitted online with electronic signatures using the web site’s new eSignature/Upload Documents feature. In most cases, beneficiaries won’t have to mail, fax, or physically deliver information to Social Security. Beneficiaries will need to open a “my Social Security” account on…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mixed market : The S & P 500 spent Friday’s session mostly unchanged as it tried for a fourth record close this week. Before Friday’s opening bell, the August reading of the Fed’s favorite inflation gauge was tame . Combine that with other reports this week pointing to a healthy economy, and investors were feeling reassured that central bankers did not make last week’s big interest rate cut out of fear…
Less than two months ago, Wall Street was in the thick of a global market sell-off, with fears of a U.S. recession intensifying. Now the S & P 500 is on the doorstep of its fourth positive quarter in a row, the longest such streak since 2021. What a difference a little time makes. The best-performing Club stocks during the topsy-turvy third quarter are all outside the “Magnificent Seven” and AI-winner complexes. A couple names rode the wave of rate-cut optimism. Another was propelled by a home-run CEO switch. All five on the third-quarter leaderboard reflect a healthy broadening of…
What do you get when you combine lower interest rates and a viral baby pygmy hippo? Moo Deng crypto. Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago. To be clear: This is an asset about as valuable as Beanie…
