Business + Money

Approval of Bitcoin ETFs Marks Milestone for Coinbase and U.S. Crypto Market

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Coinbase’s Chief Policy Officer discusses the SEC-approved spot Bitcoin ETFs and their impact on the crypto landscape. Coinbase Will Be Spot BTC ETF Custodian In a significant development for the cryptocurrency market, Coinbase (COIN) has emerged as the custodian for numerous spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission (SEC).  Insights … Read more

Bitcoin ETF Breaks $11 Billion Milestone

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Total trading volume for 11 spot Bitcoin ETFs hit $11 billion on the fourth day of trading. Rapid Growth of Bitcoin ETFs In a new development for the cryptocurrency market, the cumulative volume for 11 spot Bitcoin ETFs has surged past the $11.1 billion mark on the fourth day of their trading journey.  Notable Players … Read more

JetBlue-Spirit Merger Blocked by Federal Judge, Victory for Budget Travelers

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In a recent development that has significant implications for the airline industry and travelers, a US judge has halted the proposed merger between JetBlue Airways and Spirit Airlines, citing antitrust concerns. This decision not only affects the two airlines involved but is a win for low-cost air travel in the United States. Legal Hurdle for … Read more

Addressing the Financial Impact of Sanctuary Cities: New York’s $2.4 Billion Plan

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In response to the significant increase of migrants in New York City, Governor Kathy Hochul has unveiled an ambitious $2.4 billion proposal to enhance state support. This plan forms a critical part of the governor’s broader $233 billion budget strategy, marking a key moment in New York’s legislative process. Migrant Issue Front and Center Governor … Read more

Americans Grapple with Soaring Inflation and Rising Expenses

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As economic headwinds like inflation and rising interest rates intensify, more Americans are gearing up to focus on their personal finances. A study by Allianz Life Insurance Company of North America reveals a growing trend among Americans to improve their financial strategies in response to these challenges. Heightened Financial Awareness The Allianz Life’s 2023 New … Read more

U.S. Economists Still Unsure About Financial Future, Warn of Possible Short-Lived Relief

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The annual American Economic Association meeting left leading economists treading lightly into the New Year.  A Meeting of the Minds After the annual American Economic Association meeting, top economists are left battling their short-term optimism vs. their long-term concerns.  A Look at Last Year At last year’s conference, analysts were caught up in the unanticipated … Read more