June 15, 2023

BlackRock Moves Forward With Bitcoin ETF, Confirms Coinbase As Custodian In Form S-1 Registration – BlackRock (NYSE:BLK)

In the face of the U.S. Securities and Exchange Commission’s (SEC) amplified scrutiny on the crypto industry and Bitcoin BTC/USD prices currently hovering at the $25,000 mark, BlackRock Inc BLK, the world’s largest asset manager, seems undeterred about its involvement in the sector. The firm is now reportedly moving towards filing an application for a Bitcoin exchange-traded […]

BlackRock Moves Forward With Bitcoin ETF, Confirms Coinbase As Custodian In Form S-1 Registration – BlackRock (NYSE:BLK) Read More »

Jury Orders Starbucks To Pay $25 Million To Manager They Fired For Being White

Authored by Chris Menahan via Information Liberation, Starbucks has been ordered by a jury to pay over $25 million in damages to a former regional manager they fired for being white as a sacrificial offering to the Black Lives Matter movement. From The New York Times, “White Starbucks Manager Fired Amid Furor Over Racism Wins

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Hawks Are Circling Wall Street: Two Top Analysts Call For The Fed To Resume Hikes In July – Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Two major investment banks on Wall Street stated that they anticipate the Federal Reserve will resume hiking interest rates as soon as July, departing from initial market reactions to the Fed Chair Jerome Powell’s press conference. Following the Fed’s decision to pause at its June meeting, Goldman Sachs economist David Mericle has maintained his expectation

Hawks Are Circling Wall Street: Two Top Analysts Call For The Fed To Resume Hikes In July – Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Read More »

Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for June of $0.0530 per Unit

TSX Symbol: RIB.UN TORONTO, June 15, 2023 /CNW/ – Ridgewood Canadian Investment Grade Bond Fund is pleased to announce that a cash distribution of $0.0530 per unit has been declared.  The monthly distribution equates to an annualized distribution rate of 5.30% on an initial subscription price of $12.00 per unit.  The distribution is payable on July

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Market Volatility Falls Further After Fed Keeps Rates Unchanged – Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN)

The S&P 500 closed slightly higher on Wednesday after the Federal Reserve kept interest rates unchanged. The central bank, however, said that there could be two more rate hikes scheduled for later in the year. Traders now see a 63% chance that the Fed will increase interest rates in July. Earlier on Wednesday, producer prices

Market Volatility Falls Further After Fed Keeps Rates Unchanged – Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN) Read More »

Bitcoin Wallet Zeus Gets The Boot From Apple After Tech Giant’s Earlier Threat To Remove Jack Dorsey’s Damus

The latest version of Zeus, a non-custodial Lightning-enabled Bitcoin BTC/USD wallet, has been rejected by Apple Inc AAPL, according to a tweet by the app’s founder, Evan Kaloudis.  What Happened: The rejection by Apple occurred on Wednesday, and it is not clear why the new version was not accepted. This decision comes only a day

Bitcoin Wallet Zeus Gets The Boot From Apple After Tech Giant’s Earlier Threat To Remove Jack Dorsey’s Damus Read More »

Fed’s Rate Hike Pause Fails To Dissuade Traders From Betting On A Recession — Here’s Why – iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY), Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)

Bond traders appeared to be increasing their bets on the probability the Federal Reserve will likely tip the U.S. economy into a recession as is apparent from the steepening of the yield curve inversion. Bloomberg had earlier reported the story. Despite the central bank pausing its rate hike campaign for the first time since it

Fed’s Rate Hike Pause Fails To Dissuade Traders From Betting On A Recession — Here’s Why – iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY), Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Read More »

Thinking about trading options or stock in Atmos Energy, Nike, Livent, Maxeon Solar Technologies, or Cedar Fair? – Atmos Energy (NYSE:ATO), Cedar Fair (NYSE:FUN)

NEW YORK, June 14, 2023 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ATO, NKE, LTHM, MAXN, and FUN. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects

Thinking about trading options or stock in Atmos Energy, Nike, Livent, Maxeon Solar Technologies, or Cedar Fair? – Atmos Energy (NYSE:ATO), Cedar Fair (NYSE:FUN) Read More »

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