Author: Charlotte

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailGet our free Inside Washington emailPresident Donald Trump received some rosy news on Friday morning when the Bureau of Labor Statistics released its report showing that the U.S. economy added 177,000 jobs in April. This came the month that Trump announced his “liberation day” tariffs, which he eventually paused while still keeping an across-the-board 10 percent tariff and a whopping overall 145 percent tariff on China.Not surprisingly, the president took the moment to gloat. “Gasoline just broke $1.98…

Kylian Mbappe put two past the keeper in a World Cup 2026 knockout stage match, extending his remarkable tournament goal tally to 19 across his World Cup career. That’s the sports headline. Here’s the crypto headline: Solana meme tokens bearing his name immediately went haywire. Look, we’ve seen this movie before. An elite athlete does something spectacular on the world stage, and within minutes, degens on Solana are trading tokens named after the moment. This time it’s $MBAPPE and $MBAPEPE, two unauthorized tokens that have seen trading volume spikes tracking almost perfectly with the French forward’s goal output during the…

Singapore weighs hedge fund tax cuts to rival Hong Kong Financial Times Source link

20 July 2026 Allen & Gledhill Partners Tan Boon Wah, Shalene Jin, and Lim Xiu Hui authored the 2025 update to the Commercial Real Estate in Singapore: Overview Q&A for Practical Law. The Q&A provides a high-level overview of real estate investment structures, restrictions on foreign ownership, title to and sale of real estate, issues relating to tax, finance, and leases, and planning and development controls. Boon Wah, Shalene, and Xiu Hui also contributed Singapore content to the Practical Law quick compare charts covering title to real estate, commercial…

Diana’s Handpicked Nominees Pose Significant Risks for Genco Shareholders’ Investment Genco Board Recommends Shareholders NOT Tender Their Shares In Diana’s Offer Vote FOR Genco’s Highly Qualified Nominees — Proven Stewards of Your Investment Additional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today sent a letter to Genco shareholders detailing why Genco’s Board of Directors is best positioned to deliver superior returns and create shareholder value. Genco also issued the following statement: Genco’s Board…

Cindy Case-Brown and Connie Norris sit on the far side of the nearly empty hearing room in the Galvez Building in Baton Rouge, several small stacks of documents and binders spread out before them. Across the room sit representatives from the Louisiana Public Service Commission and Magnolia Water, accompanied by a squadron of attorneys.  The two Magnolia customers traveled from the Northshore to the state capital to oppose a plan that would allow the private equity-backed company to continue to increase water and sewer rates annually. In recent years, Magnolia has bought up utility systems across the state, becoming one…

Illustration: Lex Villena; Joe Sohm A recent Echelon Insights poll finds that the “free market economy” is more popular than “capitalism.” 53% of respondents say they have a “very” or “somewhat” favorable view of the former, while only 12% have an very or somewhat unfavorable view. By contrast, “capitalism” is viewed very or somewhat favorably by 49%, while the two unfavorable categories combine for 29% (more than the double percentage for “free market economy”). Other polls show similar results. For example, a recent Gallup survey finds 54% have a positive  view of “capitalism,” but 81% say the same of “free…

This year, Tether rolled out USAT — launched with U.S. standards in mind and issued through U.S. banking partner Anchorage Digital. So far, it remains at a relatively low level of usage. “Non-compliant stablecoins cannot be used by U.S. institutions when the safe harbor expires in 2028, but we don’t expect the market to wait,” said Kevin Wysocki, head of policy at Anchorage Digital, the crypto-native bank that manages a number of stablecoins. He said the company believes institutional users will move toward “compliant, bank-issued digital dollars well ahead of that deadline.”Do they have two years?GENIUS included a three-year grace…

Qualcomm Inc. (US7475251036) remains a market story because its latest fiscal 2025 numbers still give investors a concrete read on growth, profitability, and cash generation. The company reported fiscal 2025 revenue of $44.3 billion, net income of $10.1 billion, and cash and cash equivalents of $9.1 billion, all of which matter more than any short-term noise.Revenue and profit baseFiscal 2025 revenue of $44.3 billion provides the central scale reference for Qualcomm stock, while net income of $10.1 billion shows that the business kept converting that scale into earnings. Those figures came from Qualcomm’s latest annual reporting context, which also showed…

New research from CION Investments, YCharts and Compound Insights reveals insights into how advisors think about and use alternative investments NEW YORK, July 14, 2026–(BUSINESS WIRE)–The results of a new survey released today indicate broad adoption of alternative investments within client portfolios, a widespread implementation trend being driven by advisors and clients alike. The findings are detailed in From Public to Private: How Advisors Are Using Alternative Investments, a new research paper based on a joint survey conducted by CION Investments (CION), a premier platform for alternative investment solutions, YCharts, and Compound Insights. Compound Insights conducts research through The Compound…