Disney's Flywheel Picks Up Some Speed
The company’s long-term forecast buoys hopes that streaming can make strong profit while theme parks show resilience. Source link
Trump-Supported World Liberty Financial (WLFI) Taps Chainlink Data Services as DeFi Platform Takes Shape
World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate.” for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are
A Rare Comet Brightens the Night Skies in October
A rare, bright comet will be visible in October, clear skies permitting Source link
The stock market’s Trump honeymoon is turning sour
Brandon Bell/Getty Images; iStock; Rebecca Zisser/BI More than half of the stock market’s post-Trump-election rally has been erased. The turning point came Thursday, when Fed Chair Powell said the central bank will take its time cutting rates. That, plus a streak of strong economic data, has investors questioning whether a December cut is necessary. And just like that, half of the stock market’s euphoric post-Trump-election gain is gone. Major US
The Man Expected to Lead Germany Is Ready to Strike Deals With Trump
A win would give Friedrich Merz the daunting task of rebuilding a German economy that hasn’t grown since 2019—and establish him as Europe’s main counterpart to Donald Trump. Source link
Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
Liberty Media announced Wednesday that it’s spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. Chairman John Malone will become interim CEO of Liberty Media. Liberty Media’s investor day is set to take place on Thursday in Manhattan. While the 83-year-old Malone will once again take the reigns as CEO, the
Franklin Templeton Expands $410M Money Market Fund to Ethereum (ETH) Blockchain
Asset manager Grayscale, in a report in April, argued that Ethereum is “meaningfully decentralized and credibly neutral for network participants, likely a requirement for any global platform for tokenized assets” and, therefore, has the best chances among smart contracts to benefit from tokenization. Source link
Should You Include Real Estate in Your Retirement Plan?
Consider the advantages and disadvantages of using real estate to fund your retirement years. Source link
Archegos’ Bill Hwang deserves 21 years in prison, US says By Reuters
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his $36 billion firm and cost its lenders more than $10 billion, federal prosecutors said on Friday. Hwang, 60, faces a scheduled Nov. 20 sentencing in Manhattan federal court after being convicted in July on 10 criminal charges including securities
CoinDesk 20 Performance Update: LTC Gains 8.5%, Leading Index Higher from Wednesday
Hedera and Ripple were also top performers, each gaining 6%. Source link
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