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This article is the second in a three-part series on tokenised US Treasuries Cash is an essential lubricant for the trading activities of hedge funds and prop trading firms. Liquid, fungible, readily accessible: cash is the grease in the gears of leverage. Cash is also inefficient. It hogs space on the balance sheet, earning no…
US Dollar Drops on Unexpected July Retail Sales Decline and Market Response Market Reactions and Economic Indicators By Karen Brettell US Retail Sales and Dollar Movement NEW YORK, Aug 14 (Reuters) – The dollar fell on Friday after data showed U.S. retail sales unexpectedly declined in July, helping send the euro and sterling to multi-month…
Opinions expressed by Entrepreneur contributors are their own. Jake Fleshner and Michael Axman didn’t build The Nucleus Network to start another advisory firm or venture fund. They built it because they couldn’t ignore a pattern. Jake’s background spans entrepreneurship at the University of Michigan, working with Gary Vaynerchuk, and serving as the right-hand to a figure he calls the “real‑life…
It’s a tough environment for a founder trying to build the next-generation Facebook. With more apps than ever and the mainstay social media giants dominating people’s screen time, the competition is fierce. Investors, meanwhile, are pining after flashy AI deals. There was a peak in venture capital investment in social startups in 2021 — when…
ST. PAUL, Minn., Aug. 14, 2026 /PRNewswire/ — The 3M Company Board of Directors (NYSE: MMM) today declared a dividend on the company’s common stock of $0.78 per share for the third quarter of 2026. The dividend is payable Sept. 11, 2026, to shareholders of record at the close of business on Aug. 24, 2026. 3M has paid dividends to its shareholders…
Key takeaway: The agency planned to hold an open meeting Friday to consider proposing new rules “to create a tailored offering regime for certain investment contracts involving crypto assets.” That meeting was canceled due to an “unforeseen scheduling issue.” Expert quote: “The SEC is committed to delivering on the president’s agenda to bring certainty to…
Small manufacturers are the backbone of American industry, accounting for 98% of all manufacturers in the United States. Many of those businesses are owned by veterans, who have taken the discipline, leadership and mission-focused mindset they developed in uniform and applied it to manufacturing, engineering, logistics and advanced production. Now, the U.S. Small Business Administration…
Etna Eruption Closes Sicily’s Catania Airport and Disrupts Thousands of Flights Mount Etna’s Volcanic Activity Causes Major Air Travel Disruption By Matteo Minnella Flight Suspensions and Passenger Impact CATANIA, Aug 14 (Reuters) – Flights at Catania airport in Sicily will remain suspended until Saturday afternoon because of ash from Mount Etna’s ongoing volcanic activity, which…
Buying second passports was once largely the preserve of the superrich, but one investment migration firm says that’s changing as more middle-class Americans shop for them. The investment migration industry has traditionally catered to those who can afford the six or seven-figure price tags of many “golden visas.” Peter Thiel, who was granted New Zealand…
HTX, formerly Huobi, was a prominent crypto exchange that Justin Sun took control of in 2022. In 2023, a series of events caused Huobi to rebrand as HTX. More recently, HTX has faced sanctions allegations over activity in Russia. In May, the Financial Conduct Authority (FCA ) designated Huobi Global/HTX as providing financial services or resources…