Biden, McCarthy Disagree on Debt Ceiling but Continue Crucial Conversations for US Economy

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Share: As the United States faces an unprecedented default, President Joe Biden and top lawmakers were unsuccessful in breaking the deadlock over raising the $31.4 trillion U.S. debt limit during a face-to-face meeting on Tuesday, although they promised to continue discussions. The deadlock over the U.S. debt ceiling poses a significant risk to the global […]

Grayscale Pursues 3 Crypto-Based ETFs as Exciting GBTC Decision Approaches

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Grayscale Investments has filed three new funds with the regulators, showing its plans to bring new crypto-based products to market, including a bitcoin tracking ETF, Ethereum futures ETF, and a privacy-focused fund. Grayscale’s main product, the Grayscale Bitcoin Trust (GBTC), is still awaiting a court ruling to convert it into an ETF after the US […]

“Toast Stock Skyrockets After Impressive Quarter: Beating Expectations and Raising the Bar!”

finance

Toast Inc., a leading provider of software solutions for the restaurant industry, saw its shares rise significantly in after-hours trading following the release of its Q1 financial results. The company reported better-than-expected financials and raised its guidance for the remainder of the year. The Boston-based software company, which offers a cloud-based point-of-sale system for restaurants, […]

EIA Slashes Price Forecasts for WTI and Brent Oil: What Will it Mean for You?

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The Energy Information Administration (EIA) recently released its monthly Short-Term Energy Outlook report, which included reduced forecasts for U.S. and global benchmark crude oil prices in 2023 and 2024. This downward revision comes as concerns about weakening global economic conditions, risks in the global banking sector, and persistent inflation continue to weigh on oil prices. […]

“Ex-Coinbase Star Product Manager Jailed for 2 Sensational Insider Trading Years!”

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A former Coinbase employee, Ishan Wahi, has been sentenced to two years in prison for insider trading charges after pleading guilty in February. Wahi, who was a former product manager at the U.S.-based cryptocurrency exchange, was accused of providing his brother and another man with insider information about upcoming crypto listings. As a result, they […]