Where cracks in the banking sector may appear without more M&A

The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity — a key potential lifeline — has slowed to a trickle. As the memory of last year’s regional banking crisis begins to fade, it’s easy to believe the industry is in the clear. But the […]

Grayscale CEO says GBTC Bitcoin ETF fees will come down over time

Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said that fees on its flagship product will come down over time, after its outflows reached $12 billion. Grayscale CEO Michael Sonnenshein said that […]

What to expect from the Federal Reserve’s policy meeting Wednesday

Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC.  Chip Somodevilla | Getty Images The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing a […]

NVDA, SMCI, UL, JWN and more

Check out the companies making headlines in midday trading. Nvidia — Nvidia reversed higher to gain more than 1% after the artificial intelligence chipmaker unveiled its widely anticipated next-generation chips. Several Wall Street firms boosted their price targets on Nvidia in the wake of the event. The company plans to roll out the first iteration […]

Hochul and education group gearing up for funding fight

With help from Shawn Ness Gov. Kathy Hochul is ready to fight any legal opposition to her school aid proposal that would result in cuts to more than half of the state’s school districts. On Monday evening, Campaign for Fiscal Equity counsel Michael Rebell said he is poised to challenge Hochul’s proposal in court — […]

SPRING PREP: CAFTANS & SWIM COVER-UPS

March 19, 2024 Caftan: Amazon // Shoes: Old, similar here // Sunglasses: Linda Farrow // Bag: Mark Cross (old, but I would stalk this page if you are in the market) Caftan dresses and swim cover-ups are two of my favorite warm weather categories to shop! And, with the spring swim season right around the […]

Why Are Half of Adult Children Still Financially Supported by Their Parents?

Screenshot YouTube : USA Today A recent survey discovered that almost half of all adult American children are receiving financial support from their parents. The financial support ranges from sending money and paying bills to many young to middle-aged adults still living at home or moving back in with their parents. For many of us, […]

Four Fun Things | Cup of Jo

The other day, our sitter arrived when I was still wearing pajamas. “Do you wear pajama sets every night?” she asked me, and when I said pretty much, she said, “I think that will be my next phase in my thirties — pajamas sets.” Haha, always happy to lead the way! Eberjey has so many […]

Elon Musk Rips Don Lemon As A ‘Stupid A**hole’ After Biased Interview

Source: X Video Elon Musk, the CEO of X (formerly known as Twitter), has branded the former CNN host Don Lemon as a “stupid a**hole” after cancelling his show on his social media platform. Musk Rips Lemon As A ‘Stupid A**hole’ “On a chart that measured personality and intelligence, [Lemon] would be in the worst […]