Author: Charlotte

Sens. Sanders and Warren joined Rep. Bobby Scott in a 14-page letter urging the DOL to scrap a Trump-era rule that would open $14.2 trillion in retirement savings to crypto and other alternative assets. Posted June 3, 2026 at 6:34 am EST. Senators Bernie Sanders (I-VT) and Elizabeth Warren (D-MA), joined by Rep. Bobby Scott (D-VA), ranking member of the House Committee on Education and Workforce, sent a 14-page letter Monday to Acting Labor Secretary Keith Sonderling urging the Department of Labor to scrap the proposed Fiduciary Duties in Selecting Designated Investment Alternatives rule that would open 401(k) plans to…

Shoppers are filling their carts, both literally and digitally, with last-minute gifts. One tempting purchase, whether for gifting or for showing up in style at a holiday sweater party, is ultra-cheap clothing from Shein. Like many around the world, the French hunt for deals in December. During a recent interview with journalist Thomas Mahler, I learned that fast fashion has become a political flashpoint in France, the country known for haute couture. French lawmakers are considering measures aimed at threatening the economic viability of Shein, the Chinese company that dominates ultra-cheap clothing globally.  Millions of French consumers shop through Shein…

LOS ANGELES, CA – June 02, 2026 In a strategic move poised to reshape the technological arsenal of independent financial advisors, Altruist has announced a major expansion of its wealth platform. The company is integrating access to alternative assets from powerhouse managers like Blackstone and KKR, alongside plans to introduce margin lending and options trading. This enhancement goes beyond adding new products; it represents a fundamental push to create a unified, tech-forward ecosystem that equips independent registered investment advisors (RIAs) with capabilities once largely confined to major wirehouses and institutional investors. By building these sophisticated tools directly into its existing…

The current state of the digital coin market is one that prizes exactness over just being excited. Bitcoin is holding steady between $76,000 and $77,500 after a long time of staying flat, the Altcoin Season Index remains low in the 30-40 range, and Bitcoin’s share of the market stays strong at 58-60%. This is not an environment where every single coin goes up together. Instead, it is a period where money moves specifically into projects that have a mechanical reason to do well, and away from those just relying on a good story. In this situation, the most fascinating opening…

Μake us preferred on Google The Greek property market continued to expand in 2026, although signs of stabilization are beginning to emerge as buyer and tenant preferences evolve and demand shifts across different regions. According to first-quarter 2026 transaction data from Golden Home, the market has become more mature and selective, with property prices still rising but at a more balanced pace.Residential sale prices increased by 4.3% year-on-year in the first quarter, while rental prices rose by just 0.6%, reflecting a slowdown in rental growth and a gradual return to market equilibrium after several years of strong gains.Demand Shifts Across…

Dubai: The Indian government has dismissed claims that the Reserve Bank of India (RBI) sold nearly $12 billion worth of gold reserves to protect the rupee and bolster foreign currency assets, calling the assertion “fake” and inconsistent with official data.The clarification came after a Bloomberg Economics analysis suggested that the RBI may have offloaded a significant portion of its gold holdings during a period of heightened geopolitical tensions in West Asia and growing pressure on India’s external accounts.Sell gold to save rupee?Responding to the report, the government’s fact-checking arm under the Press Information Bureau (PIB) rejected the claim, saying official…

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Independent railways operator Traxtion has concluded an $86-million (R1.4-billion) equity capital raise, which the company says has created the financial platform for yet further investments into a South African market that is beginning to open up to competition. The transaction involves STANLIB Infrastructure Investments and Standard Bank, which have acquired an undisclosed minority position in Traxtion, as well as Harith’s InfraCo and PAIDF2 funds, consolidating Harith’s long-standing shareholding in the company. CEO James Holley tells Engineering News that the injection of fresh equity is a vote of confidence both in Traxtion’s strategy and the reforms under way in South Africa’s…

Inflation and the depreciation of the Naira have clouded the true value of Nigeria’s Collective Investment Schemes (CIS), even as total assets under management (AUM) have more than tripled to N10 trillion in the last two years. The Securities and Exchange Commission (SEC) disclosed that the AUM of CIS in the country increased from N3.2 trillion to N10 trillion over the last two years, reflecting increased confidence in these investment vehicles, as reported by the SEC. At an event in Lagos, the director-general of SEC, Dr Emomotimi Agama, highlighted this significant leap in AUM over the past two years, driven…

Altcoins Are Better Than Bitcoin. See how Bitcoin Dominance is falling down. And these Alts are outperforming Bitcoin this week : $HYPE +35% $INJ +32% $ICP +31% $NEAR +30% $ZEC +23% $ALGO +21% This is happening when the market is shaking. Money is moving ” BTC → ALTS ” In the 10/10 liquidation, Bitcoin dominance exploded from around 57.8% to above 60.7%. That means when panic hit, capital ran away from altcoins and hid in Bitcoin. It was classic risk-off behavior inside crypto. Alts were not trusted and BTC was treated as the shelter. But this time, the chart looks…