Author: Admin

The S&P 500 Index ($SPX) (SPY) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.61%.  September E-mini S&P futures (ESU26) fell -0.25%, and September E-mini Nasdaq futures (NQU26) fell -1.82%. Stock indexes erased early gains on Thursday and settled mixed, with the S&P 500 posting a 2-week high and the Dow Jones Industrial Average hitting a new all-time high.  Chipmakers sold off for a second day on Thursday, weighing on the broader market and dragging the Nasdaq 100 sharply lower.  Chipmakers opened lower on Thursday after South Korea’s Kospi Index…

Read More

David Rubenstein, Carlyle Group co-founder and host of Bloomberg’s The David Rubenstein Show, shares with David Gura his motivation behind, what he terms, “patriotic philanthropy,” focusing on preserving key historical documents and monuments in the United States. (Source: Bloomberg)

Read More

British teenagers living in the EU could be priced out of UK universities in two years’ time as a Brexit rule change means they face the double whammy of paying costlier international fees, while losing access to student finance.British passport holders living in the EU still qualify for “home fee” status at UK universities. But this will no longer be the case when the grace period ends in 2028, meaning the first wave to be affected are starting their A-levels, or equivalent, this autumn.While domestic fees for UK universities are capped – at £9,790 for the 2026 intake – universities…

Read More

Bitcoin (BTC-USD) opened at $61,492.99 on Friday, July 3, 2026, up 2.5% from Thursday’s opening price. The value of bitcoin rose to $61,853.72 by 8:45 a.m. ET. Ethereum (ETH-USD) opened at $1,698.37 on Friday, up 5.6% from Thursday’s opening price. The value of ethereum moved up to $1,731.87 as of 8:45 a.m. ET. The prices of bitcoin and ethereum are up following a June jobs report that missed expectations. Analysts had expected a gain of about 115,000 jobs last month and an unemployment rate of 4.3% for the fourth month in a row. Instead, the economy added 57,000 new jobs,…

Read More

Key PointsBlackRock built a massive business around exchange-traded funds.The company’s current focus is to build out its private markets business, which could be a much more profitable opportunity. Dramatic growth in private markets could come if they are offered more broadly within retirement plans. 10 stocks we like better than BlackRock ›BlackRock (NYSE: BLK) is one of the largest sponsors of exchange-traded funds (ETFs). ETFs make up around 40% of its business. There’s just one problem with that: ETFs generally have low expense ratios. ETFs are a reliable business, but other businesses are more profitable. One such business is private…

Read More

People watch giant screens showing the message “JUST&T MARRIED!” (T&T for Taylor and Travis) outside Madison Square Garden, the reported venue for the wedding celebrations of pop singer Taylor Swift and pro-athlete Travis Kelce, in New York City on July 3, 2026. (Photo by CHARLY TRIBALLEAU / AFP via Getty Images)Charly Triballeau | Afp | Getty ImagesPop music megastar Taylor Swift and football player Travis Kelce are married, the singer’s publicist announced on Friday as guests attended a star-studded celebration at Madison Square Garden in New York that capped a three-year love story.”JUST&T MARRIED!” flashed on giant screens on the exterior…

Read More

Rendering of the Museum of American Finance’s new home on Commonwealth Pier in the Boston Seaport.Courtesy: Museum of American FinanceNearly a decade after leaving its former home, the Museum of American Finance is welcoming the public to its new headquarters – and just in time for the country’s 250th anniversary.The 5,400-square-foot museum located on Commonwealth Pier in Boston is the Smithsonian Institution affiliate’s first permanent home since it terminated its lease at 48 Wall Street in New York in 2018 because of a flood.After signing a new lease only 16 months ago, the museum was able to debut seven inaugural…

Read More

FTSE 100 hits four-month highBritain’s blue-chip stock index has hit its highest level since the first week of the Iran war this morning.The FTSE 100 climbed as high as 10,701 points this morning, up 0.4%, its highest level since 3 March.Precious metals miner Fresnillo (+2.5%), engineering firm Weir Group (+2%), and energy company SSE (+1.8%) are the top risers.Several factor are lifting the ‘Footsie’, including hopes of a US-Iran peace deal which have pushed the oil price down (and could send it lower…)A weaker-than-expected US employment report, released yesterday, has also cheered traders by dampening expectations of rises in US…

Read More