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New York City Mayor Zohran Mamdani on Sunday urged residents to avoid all nonessential travel as a powerful blizzard moves into the region. Major delivery platforms are temporarily suspending their New York City operations as a powerful blizzard slams the region and Mayor Zohran Mamdani enforces a citywide travel ban. Grubhub told FOX Business it will shut down service in both New York City and New Jersey at 7:30 p.m. ET on Sunday and will remain closed overnight.”We will re-assess in the morning,” a company spokesperson said, emphasizing that the safety of its delivery partners remains the company’s top priority.…
The market volatility may be leading retail investors astray.According to Kathmere Capital Management’s Nick Ryder, they shouldn’t use the current backdrop as an excuse to dive into defensive trades — including dividend-paying stocks and bonds.”Oftentimes, we just see too often people taking an income-focused approach, and it leaves a lot on the table,” the firm’s chief investment officer told CNBC’s “ETF Edge” this week. “We generally just advise for all of our clients to take a total return-oriented approach … that’s going to apply across stocks, bonds and everything in between within a portfolio.”Ryder, whose firm has $3.5 billion in…
Rate-setters at the Bank of Mexico (Banxico) may resume interest-rate cuts if recent tax and tariff increases are shown to have a limited inflationary impact, the minutes of their most recent policy meeting revealed. The central bank on February 5 left its benchmark interest rate unchanged at 7% in a unanimous decision, ending a period of 12 consecutive rate cuts over nearly two years. Banxico said the pause was due to newly imposed tariffs and higher taxes on products such as sweetened drinks Only users who have a paid subscription or are part of a corporate subscription are able to print or…
Littelfuse, Inc. (NASDAQ:LFUS – Get Free Report) Director Gordon Hunter sold 911 shares of Littelfuse stock in a transaction on Friday, February 20th. The stock was sold at an average price of $367.68, for a total transaction of $334,956.48. Following the sale, the director directly owned 26,789 shares of the company’s stock, valued at $9,849,779.52. This represents a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Littelfuse Trading Up 1.9% NASDAQ LFUS opened at $370.33 on Friday. The company has a quick…
The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and unsettling headlines. The Nasdaq broke its five-week losing streak on Friday, buoyed by strong advances from our big tech names like Meta Platforms , Nvidia and Amazon . The tech-heavy index ended the week 1.9% higher. The S & P 500 rose 1.1% during the holiday-shortened week, snapping a two-week skid. The Supreme Court’s ruling against President Donald Trump ‘s emergency tariffs on Friday helped lift shares of many consumer-facing companies burdened by higher costs from imports. The index may…
Reform rules or risk ‘coercion and mercantilism’ – Lagarde – Central Banking Skip to main content End of drawer navigation content ECB president says it is better to revise current international order than to abandon it Christine Lagarde Christine Lagarde would like to see a reformed international order rather than its collapse.The European Central Bank president received the Wolfgang Friedmann Memorial Award from the Columbia Journal of Transnational Law today (February 20). In her speech receiving the award, she highlighted the importance of holding onto the current international order – and making changes to avoid it collapsing, which would bring…
Learn how sustainable tokenomics in DeFi works. Explore revenue-backed tokens, emission models, token sinks, and protocol-owned liquidity strategies.Sustainable tokenomics refers to crypto token design that prioritizes long-term value creation over short-term hype.In early DeFi, many projects relied on:High token emissionsLiquidity mining rewardsUnsustainable APYsSpeculative demandToday, DeFi tokenomics is evolving. The focus has shifted toward:Revenue-backed tokensSmart emission schedulesToken supply control mechanismsProtocol-owned liquidity (POL)Long-term governance alignmentIf a DeFi token only performs during bull markets, its tokenomics model is likely inflation-driven rather than value-driven.Why Sustainable Tokenomics Matters in DeFiDeFi operates in cycles. When liquidity dries up, weak token models collapse under inflation pressure.Strong tokenomics…
A group of cryptocurrency exchanges linked to Russia is helping users move funds outside the reach of Western financial restrictions, according to a report released Saturday by blockchain analytics firm Elliptic. Key Takeaways: Elliptic identified five Russia-linked crypto exchanges providing pathways to bypass Western sanctions. Only one platform is formally sanctioned, yet several processed large transactions with restricted entities. Activity has shifted across multiple services, suggesting enforcement actions redirect rather than halt flows. The study identifies five trading platforms, most of them not formally sanctioned, that continue to provide channels for high-volume crypto transactions beyond the oversight of the traditional…
Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite.For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and set the market’s tempo. Traders learned to treat flows as the simplest proxy for a real bid, because the buyer was observable, usually price-insensitive, and large enough to matter.But that habit is now getting seriously stress-tested.The risk in this phase now comes from flat days, because the cushion disappears without a…
Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws. South Korea’s financial authorities are facing criticism after failing to spot major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), a vulnerability remained that allowed a single employee to trigger massive coin transfers without detection. Bithumb Crypto Mishap According to Rep. Kang Min-guk of the People Power Party, the FSC reviewed Bithumb once in 2022 and twice in 2025, while the FSS…
