Roger Stone, a seasoned Republican political strategist, lobbyist, and former adviser to Donald Trump’s campaign, has endorsed the meme coin TRUMP on X, sparking a 17% increase in its value amid a wider downturn in the cryptocurrency market. Meanwhile, the meme token BODEN experienced a 9% uptick against the U.S. dollar over the last 24 […]
Money-Market Fund Assets See Largest Outflows Since 'Lehman' Total money-market fund assets plunged by $112BN in the last week as Tax-Day demands took the total assets below $6 Trillion for the first time sine January (to $5.97 Trillion) Source: Bloomberg Corporate taxes collected from April 11 through April 17 totaled $100.7 billion, Treasury data show. While Tax-Day's impact matters obviously, we note that this is the largest weekly drop in money-market fund assets since...
Many firms bought electoral bonds worth many times more than the profits they made, the Communist Party of India (Marxist) leader said.
The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank earnings, shines a light on the value of stock market holdings. Specifically, it highlights who holds those holdings, and what it all means when we feel flush with cash, until […]
Japanese office and business solutions company Fujifilm Business Innovation is considering bringing mid-end printers to India to expand its presence in a market that the company is “fully committed” to, chief executive Naoki Hama said.It entered the market in 2021 and its focus so far has been on high-end commercial and office printing products. We started with high end. That said, we have partnered with distributors to sell our products in India and what we hear from them is that they want us...
The government can try convoluted schemes or imposing limits, but cash is not going to go away.
The CBN has created a remittance task force to improve the naira's
A sizzling start allows the Celtics to crush the Heat by 20 points in the opener of their Eastern Conference playoff series
The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
Trading in options tied to the Cboe Volatility Index, better known as the Vix or Wall Street's
A stock-market streak that had become emblematic of the S&P 500's blistering five-month rally is about to break. The S&P 500 is on track to close below its 50-day moving average on Monday for the first time in 110 trading days, according to Dow Jones Market Data. This would snap the index's longest
U.S. stocks closed lower on Monday, with the Dow cementing a sixth straight session in a row of declines, as investors worried about possible next steps in the Mideast conflict. The Dow Jones Industrial Average shed 248.13 points, or 0.7%, ending at 37,735.11. The S&P 500 index dropped 61.59 po