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Key takeaway: Market watchers say the groundwork has been created over the years for regulators to now establish guidelines for tokenized bank deposits. Expert quote: “This gives banks another tool in their toolbox to be able to compete with crypto and fintech firms, which helps banks and potentially levels the playing field.” —Graham Steele, University…
The Securities and Exchange Commission has appointed John Moses as Director of the agency’s Office of Investor Education and Assistance, which provides services and resources to help investors build their financial futures and protect against investment fraud. Mr. Moses joined the SEC staff in 2016 and has served in a variety of positions, including as…
The two lead underwriters on SpaceX’s initial public offering, Goldman Sachs and Morgan Stanley, have a valuation gap of more than $1 trillion as they both initiated coverage at buy.
Six people have been charged with felonies after allegedly posing as licensed contractors in the Pacific Palisades wildfire disaster zone, where prosecutors say they submitted more than $1.2 million in bids for rebuilding projects, according to the Los Angeles County District Attorney’s Office. A joint undercover operation by the District Attorney’s Bureau of Investigation and…
Some industry experts are predicting all-time viewing records for a U.S. soccer game
The Quebec Professional Association of Real Estate Brokers says 4,012 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 4,371 in June 2025. Home prices were up year-over-year across all categories for the month, led by a 5.9% increase in the median price of a plex to $880,000. The…
Space Exploration Technologies‘ (SPCX 0.97%) (SpaceX) initial public offering (IPO) was undoubtedly the most hyped IPO in recent stock market memory. It didn’t disappoint, either, setting the record for the largest IPO in stock market history, with an initial valuation of around $1.77 trillion. Now, it’s valued at over $2.1 trillion as of market close…
NCC Group launches £170m tender offer at 145p per share
PARIS, July 7, 2026 /PRNewswire/ — The acquisition adds more than 120 service stations across Ethiopia, including Addis Ababa, Dire Dawa and Mek’ele, reinforcing OLA Energy’s position as a leading pan-African energy network. OLA Energy Group announces the signing of a Share Purchase Agreement (SPA) with TotalEnergies to acquire TotalEnergies’ downstream activities in Ethiopia, subject…
Statistical Notice 2026/06 Overview The Bank of England will be updating the Form PL (Profit and Loss) definitions to improve consistency and alignment with the ONS UK National Accounts requirements. Form PL collects data on reporting institutions’ income and expenditure and is a key input into the compilation of the UK National Accounts and Balance of Payments….