Treasurys on the blockchain: How a new deal could reshape the ETF industry
Economy

Treasurys on the blockchain: How a new deal could reshape the ETF industry

Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it’s partnering with Anemoy Limited and Centrifuge to create Anemoy’s Liquid Treasury Fund (LTF), an on-chain technology-based fund that will give investors direct access to short-term U.S. Treasury bills. “It’s not necessarily a threat to the ETF industry,” Nick Cherney […]

Prosecutors ask federal judge to jail Sam Bankman-Fried over witness tampering
Economy

Prosecutors ask federal judge to jail Sam Bankman-Fried over witness tampering

FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty ImagesFederal prosecutors asked a judge to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court filing Friday, claiming that the billionaire had violated the terms of… […]

Disney loses bid to dismiss or pause DeSantis board’s state case
Economy

Disney loses bid to dismiss or pause DeSantis board’s state case

An entranceway to Walt Disney World on February 08, 2023 in Orlando, Florida.Joe Raedle | Getty ImagesA judge on Friday denied Disney’s bid to dismiss or pause a state court lawsuit related to its bitter feud with Florida Gov. Ron DeSantis over control of a special tax district around the company’s Orlando theme park.The ruling… […]

Trump denies that he plans to fire Powell: ‘Highly unlikely’
Economy

Trump denies that he plans to fire Powell: ‘Highly unlikely’

Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powellhe denied plans to do that. “We’re not planning on doing it,” he said Wednesday at the White House. “I don’t rule out anything,” he added, “but I think it’s highly unlikely, unless he has […]