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In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States Securities and Exchange Commission lawsuit against the Binance exchange. Most likely, the U.S. population will be barred from using the international version of Binance, and those who opt for VPN services will be at risk
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On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout. Glassnode’s analysis of Uniswap and futures trading volumes reveals that the uptrend that began in the first quarter
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While passage of a fiscal 2024 budget took center stage during Illinois’ spring legislative session, lawmakers also advanced potential public-private partnerships, extended transit’s break from farebox funding rules, aided hospitals, and cemented a pension overhaul for Cook County. Budget passage came late last month, one week after the General Assembly’s self-imposed May 19 date but
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Mike Pence, Donald Trump’s vice-president, has filed paperwork with the Federal Election Commission to launch his candidacy for president, joining a crowded field of Republicans vying to take on Trump for the party’s nomination in 2024. Pence, 63, was loyal to Trump for four years in the White House, but broke with the president when
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Indiana University Health heads into the market this week with a $726 million transaction to provide ongoing financing for the system’s new hospital campus under construction in downtown Indianapolis. The bonds are selling through the Indiana Finance Authority in three tranches with a $325 million fixed-rate series, $300 million selling as put bonds with five-to-10
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Apple unveiled its long-awaited “mixed reality” headset on Monday, in its most anticipated hardware product launch since Steve Jobs revealed the iPad in 2010. The gadget, called Vision Pro, will be available “early next year”. It combines virtual reality with augmented reality, which overlays digital images on top of the real world. Apple said it
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A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell:  Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year guidance. The company also reported
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