City Jackson Financial News
25.07 / 21:35
Provident
CEO
Strategy
Broker
LPL acquiring California broker-dealer with 260 advisors
LPL Financial, a firm with a long history of mergers and acquisitions, added to that Tuesday with an announcement that it was acquiring the wealth management business of Crown Capital Securities, an Orange County, California-based broker-dealer and registered investment advisor with 260 financial advisors and $6.5 billion in assets under its roof.
18.06 / 07:37
business
Binance
regulation
SEC
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission (SEC) was successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, making the resolution a welcome development.
03.10 / 18:15
UPS
Fighting
Financial
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a problem. In a world where central banks are quickly raising interest rates to calm inflation, they might face an unexpected crunch in financial markets and need to flood them with liquidity to prevent a market meltdown.
19.09 / 17:55
Fighting
Remark
Jerome Powell’s Inflation Whisperer: Paul Volcker
The Federal Reserve’s annual August retreat in Jackson Hole, Wyo., was imminent, and markets were rallying on expectations the central bank might slow its pace of interest rate increases.
07.09 / 16:33
Citigroup
CME
Market bracing for another three-quarter point hike from the Fed this month
Traders are now seeing a near-certainty that the Federal Reserve enacts its third consecutive 0.75 percentage point interest rate increase when it meets later this month.
07.09 / 14:49
BTC
Investment
Bitcoin
reports
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows, new data from the crypto research and investment firm CoinShares shows.
29.08 / 06:13
cryptocurrency
crypto news
Bitcoin
Bitcoin Falls Below $20,000 After Fed's Hawkish Tone; Down Nearly 60% From Its Peak
Bitcoin dips below $20,000 After Fed Chair says rate hikes in play on high inflation
28.08 / 04:19
cryptocurrency
Ether
Bitcoin
Bitcoin dips below $20,000
Bitcoin dipped below $20,000 on Saturday, continuing a drop that has taken it down nearly 60% from its year high.
26.08 / 23:23
Progressive
Bond Yields Inch Higher After Powell Says Fed Will Hold the Line on Inflation
Government-bond yields edged higher on Friday after Federal Reserve Chairman Jerome Powell said that signs of slowing inflation haven’t given the central bank the all-clear to ease its tough stance against rising prices.
26.08 / 13:35
Citi
Lowe's
Fed’s Jerome Powell Set to Speak on Economic Outlook at Jackson Hole
Federal Reserve Chairman Jerome Powell is set to speak on the outlook for the U.S. economy, inflation and interest-rate policy at the Kansas City Fed’s symposium in Jackson Hole, Wyo., on Friday at 10 a.m. ET.
25.08 / 12:39
Citi
Lowe's
Parke
Fed Watchers Scrutinize Jackson Hole for Hints on Interest-Rate Outlook
Federal Reserve officials returning to Grand Teton National Park for the Kansas City Fed’s annual economic symposium on Thursday face one of the most challenging economic backdrops since officials began hosting the event in Jackson Hole, Wyo., in 1982.
23.08 / 19:03
markets
Ethereum
Adoption
Bitcoin
What crashed the crypto relief rally? | Find out now on The Market Report
On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that contributed to the collapse of this bear market rally.
03.02 / 19:52
business
Adoption
NFT
Automakers are minting NFTs, but is there a strong use case?
Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.
18.01 / 21:26
Blockchain
Provident
Digital
Platform
Stablecoin Infrastructure Provider Stably Raises Pre-Series A Round Led by VeChain’s CEO and Morgan Creek Capital
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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