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Vanguard VOO ETF hits $1 trillion in assets, an industry first qz.com Source link

Listen to this article A proposed hyperscale data center project at the Western New York Science and Technology Advanced Manufacturing Park (STAMP) is drawing renewed scrutiny after a third-party analysis questioned the economic benefits touted by developer STREAM US Data Centers and its financial backer, Apollo Global Management.  The report, prepared by the Applied Economics Clinic on behalf of opponents including the Tonawanda Seneca Nation and the Sierra Club, raises concerns about the scale of public incentives and the reliability of the project’s projected benefits.  At issue is STREAM’s request for approximately $1.46 billion in sales tax and mortgage recording tax abatements…

To say bitcoin BTC$62,562.63 bears are having a great time would be an understatement. The cryptocurrency has shed 14% in seven days, falling to levels not seen since the crash in February. Broader crypto markets have taken an equally brutal beating, and most analysts say the situation could deteriorate further if BTC breaks below the critical $60,000 threshold.Amid the gloom, Standard Chartered’s global head of digital assets research, Geoff Kendrick, sees a different picture.This week’s crypto pain was real, Kendrick said, but he thinks “the low is almost in.” His case rests on three pillars:Strategy (MSTR) repeats its 2022 operation:…

(Bloomberg) — Partners Group Holding AG is capping withdrawals at one of its evergreen private equity funds amid heightened redemption pressure, as the investor anxiety that hit private credit vehicles shows signs of spilling over to other asset classes within private markets. The Swiss firm, one of Europe’s largest listed alternative asset managers, said its $8.6 billion Global Value SICAV fund was limiting redemptions to 5% of net asset value per quarter after withdrawal requests surged to an estimated 9.8% in the second quarter, according to a letter to investors seen by Bloomberg News.There’s been a pick-up in redemption requests from…

Crypto Content Writer Anatol Antonovici Crypto Content Writer Anatol Antonovici Part of the Team Since Mar 2025 About Author Anatol is a crypto and Web3 writer at Cryptonews, where he creates educational articles, guides, and reviews about everything related to crypto. Share Fact Checked by Ines S. Tavares Evergreen Editor for Cryptonews Ines S. Tavares Part of the Team Since Mar 2024 About Author Ines is the Evergreen Editor at Cryptonews, where she edits, fact-checks, and creates content briefs on blockchain and cryptocurrency. Active in the industry since 2023, she first became fascinated… Last updated:  February 3, 2026 The best…

Stuart Hodge @Hodgeythehack Adam Silver was speaking at the NBA Finals in San Antonio about the league which has Manchester and London as target cities for a franchise; NBA Commissioner revealed that team announcements should be expected later this year, potentially in the autumn Last Updated: 04/06/26 9:37am NBA Commissioner Adam Silver was speaking ahead of Game 1 of the NBA Finals The NBA’s new European league remains firmly on course to tip off next year, according to commissioner Adam Silver. “We are very much on schedule,” Silver said of the competition, which the league is building alongside basketball’s global…

The economy slowed during the first half of 2025 as ongoing pressure from tariffs and rising costs began to weigh on performance. Consumer spending increased, particularly for value-added products, which supported some growth despite challenging conditions. Inflation data sent mixed signals. In June, headline CPI was below 2.0% year-over-year. However, core inflation remained above that level because of sticky prices and tariffs on US goods, preventing a broader recovery. Construction investment split: Residential projects performed well, while nonresidential investment fell as developers faced higher costs and restricted financing in an uncertain environment.Job gains were mild and overall unemployment declined slightly.…

Bitcoin drops below $62,000 amid $1.5B crypto liquidations and ETF outflows streak. Pluang Source link

The Bureau of Indian Standards (BIS) is examining the regulatory framework and infrastructure readiness required to make hallmarking of silver jewellery and artefacts mandatory, Director General Sanjay Garg said on Thursday.Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity.”Silver hallmarking is far more complex than gold, not in terms of process but the kind of market it has,” Garg told PTI on the sidelines of a Ficci event here.Unlike gold, silver jewellery and artefacts are sold across both small and large stores,…

The crypto industry is splitting in two. On one side sit bitcoin, exchange-traded funds (ETFs), derivatives and speculative financial markets. On the other are stablecoins and blockchain platforms, which are gradually becoming embedded in the mechanics of global payments. As that second world matures, a new contest is taking shape beneath the surface, not over ideology but over infrastructure — specifically, what kinds of blockchains should move the world’s money. Joining PYMNTS CEO Karen Webster and Citi Global Head of Digital Assets, TTS, Ryan Rugg on the latest episode of “From the Block,” Tempo Go-To-Market Lead Dan Romero argued that…