Ritholtz Wealth Management CEO, Josh Brown, believes that high yields, which have recently spooked the bond market, are not as bad as people think it is.Brown says the high yields will only affect the most speculative part of the stock market and small-cap stocks. Global yields surgeThe US 30-year treasury yield…
The Trump administration has revoked Harvard University’s ability to enroll international students, escalating its clash with elite academic institutions. The Department of Homeland Security (DHS) announced Thursday it had withdrawn the school’s certification under the Student and Exchange Visitor Program, citing concerns over campus safety and alleged foreign influence.“It is…
Harvard University finds itself at the epicenter of an escalating confrontation with the Trump administration, which has been methodically ratcheting up pressure on elite US colleges to enact sweeping policy changes. Framing its actions as an initiative to combat campus antisemitism and enforce civil rights protections, the administration has employed…
The country’s largest commercial banks are in early talks to create a jointly issued stablecoin, an effort aimed at defending their dominance in the payments ecosystem as cryptocurrency adoption and regulatory support grow under the Trump administration, The Wall Street Journal has reported. The discussions involve major banking players including…
Gold prices are on track for their best weekly performance in over a month, buoyed by a decline in the US dollar and investor unease over America’s fiscal outlook, which has revived demand for the metal as a traditional safe haven.As of early Friday trading in Asia, spot gold was…
Energy bills across the United Kingdom will drop by 7% from July 1, following a decline in wholesale gas prices, according to new figures from the energy regulator Ofgem. The cut to the price cap, announced on Friday, will lower annual bills for a typical household paying by direct debit…
In just a decade, Octopus Energy has evolved from a London startup into a global force in the clean energy sector. The company, which started with a handful of tech-savvy founders, now boasts thousands of employees and a valuation nearing $10 billion.Earlier this year, Octopus overtook British Gas to become…
Defense stocks have been in focus in recent sessions after President Donald Trump shared details of a new $175 billion missile defense project dubbed the “Golden Dome”.This new initiative aims to protect the US from foreign threats using land, sea, and space-based technologies. The missile defense system is expected to…
All eyes are on IonQ Inc (NYSE: IONQ) this morning as the quantum technology company soared nearly 45% to flirt with its all-time high of about $51.Interestingly, there hasn’t been any news, a press release, analyst call, or any other development that could have catalysed such a massive move in…
Harvard University finds itself at the epicenter of an escalating confrontation with the Trump administration, which has been methodically ratcheting up pressure on elite US colleges to enact sweeping policy changes. Framing its actions as an initiative to combat campus antisemitism and enforce civil rights protections, the administration has employed…