Ether ETFs near debut as crypto’s Washington win streak continues. Here’s what it means for markets.
U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
Boeing CFO comments on deliveries, cash flow after Max crisis
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing will burn through cash this year and […]
Frontier Airlines CEO says passengers abuse airport wheelchair service
Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo, Mexico. Artur Widak | Nurphoto | Getty Images The 1986 Air Carrier Access Act requires airlines to provide a wheelchair to passengers with disabilities at the airport. The problem: Many travelers are faking it, Frontier […]
Copper is the metal of the moment. What ETF investors need to know before chasing the commodity rally.
In this edition, we look at some of the copper-related ETFs that hit all-time highs earlier this week, driven by the base metal’s surge to record territory.
Justice Department sues Live Nation, parent of Ticketmaster
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. The lawsuit, joined by 30 states and filed Thursday, follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry, a probe launched in 2022 and bolstered by fan complaints […]
Stocks are holding their own at these levels
The market seems to be trying to gather momentum for another push higher.
Warner Bros. Discovery considers matching NBA package slated for Amazon
Jalen Brunson #11 of the New York Knicks drives to the basket during the game against the Indiana Pacers during Round 2 Game 1 of the 2024 NBA Playoffs on May 6, 2024 at Madison Square Garden in New York City, New York. Nathaniel S. Butler | National Basketball Association | Getty Images Warner Bros. […]
Nvidia is sporting growth one tech CEO says hasn’t been seen ‘in the history of capitalism’
One tech CEO remarked that Nvidia’s ability to post $22.6 billion in quarterly data-center revenue, after having seen just $4.3 billion a year before, is simply one-of-a-kind growth.
Rollback in IRA’s EV credits would benefit China, says GM board member
Any significant reduction or a rollback of the Inflation Reduction Act’s support for electric vehicles would benefit China, according to General Motors board member Jon McNeill. “I think we risk losing the auto manufacturing share to China. We really do, globally,” McNeill, a former Tesla president and cofounder and CEO of DVx Ventures, said Wednesday […]
Target, Walmart, McDonald’s cut prices and offer deals
A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target‘s weak quarterly earnings underscored why it cut prices on thousands of household staples: It’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday […]
