Researchers assessing large banks’ risks from the US commercial-property slump keyed in on the lenders’ off-balance-sheet credit lines and term loans to real estate investment trusts, Bloomberg’s Todd Gillespie tells Vonnie Quinn on “Bloomberg Markets.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/2a3gKhL
Customers including Albertsons, Woolworths and ShopRite are financing the micro-fulfillment company in bankruptcy and might acquire it. https://www.wsj.com/articles/e-grocer-takeoff-technologies-files-for-bankruptcy-to-sell-assets-c1606f65
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops Inflows as U.S. Bitcoin ETFs Maintain Positive Streak Blackrock’s Ishares bitcoin trust (IBIT) led on May 29, with $24.5 million…
As the crypto market watches the unfolding Memeinator listing on Uniswap and Mexc, BlockDAG has already captured significant attention with its revolutionary technology and remarkable presale results, securing over $37 million with the current price at $0.0095 and the next Batch to hit $0.011. Its sophisticated Directed Acyclic Graph (DAG) architecture, which boosts network throughput…
Federal Reserve Bank of New York President John Williams says he expects inflation to continue falling in the second half of this year during remarks at the Economic Club of New York. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/PKEjFtI
FIRST ON FOX: A Jewish organization is calling on a House Democrat running for Senate to sever ties with a top campaign adviser who attended a convention organized by a notorious antisemite and posted a photo online smiling alongside him. “It is beyond alarming that a major U.S. Senate candidate and sitting member of Congress…
New York Mets pitcher Jorge López appeared to blame the media for allegedly misconstruing his words while talking to reporters following an outburst leaving the mound on Wednesday. López appeared to say the Mets were “the worst team in probably the whole f—ing MLB.” But, on his Instagram Stories, López wrote he was talking about…
Peltz had criticized Disney and CEO Bob Iger for missteps and self-inflicted wounds, including the Fox acquisition and spending too much in streaming.
“Bloomberg Markets” follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Guests include: Ellen Hazen, FL Putnam Investment Management Chief Markets Strategist; Walter Todd, Greenwood Capital President & CIO; Richard Gelfond, IMAX CEO; Glenn August, Oak Hill Advisors Founder & CEO. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Mq5L6Wc
Direct File, the Internal Revenue Service’s free electronic tax-filing pilot program, will become permanent and expand to more taxpayers starting next year. https://www.wsj.com/articles/irs-starts-expansion-of-government-alternative-to-private-tax-software-396cdd0d