In a bold move that has attracted significant attention, BlackRock and Citadel Securities are among the investors supporting the establishment of a new national stock exchange in Texas. Led by TXSE Chairman and CEO James Lee, the Dallas-headquartered group has successfully raised $120 million with the backing of over two dozen investors. This development has
Finance
Keith Gill, also known as “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube, made headlines almost five years ago when he revealed a $53,000 bet in his favorite video game retailer, GameStop. Little did he know that this risky investment would skyrocket his net worth to over $289 million in a span of a few
Standard Chartered, a major British bank based in London, has found itself at the center of controversy once again. The bank, known for primarily serving clients in emerging markets, has faced significant fines in the past for violating sanctions on countries like Iran and financing entities linked to terrorist groups. Recent court documents submitted to
In the midst of GameStop’s recent roller-coaster ride, Keith Gill, the figurehead of the meme stock movement, has continued to hold on to his significant position in the video game retailer. Known as “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube, Gill has remained steadfast in his investment, as evidenced by a screenshot of his
Dutch digital bank Bunq has set its sights on obtaining a banking license from U.K. financial regulators, a move that could open up new opportunities for the company. CEO and founder Ali Niknam expressed optimism about the potential for success, citing the firm’s track record and growth in the European market. However, the road ahead
North Dakota Governor Doug Burgum, who has been rumored to be a potential pick as former President Donald Trump’s running mate, is facing backlash amidst claims that Trump promised oil executives a reduction in regulations in exchange for financial support for his re-election campaign. The Washington Post reported that Trump allegedly made these remarks during
Jan van Eck, CEO of VanEck, believes that the recent approval of a rule change by the U.S. Securities and Exchange Commission for Ethereum exchange-traded funds indicates a significant sentiment shift in the cryptocurrency market. According to van Eck, this development is one of the most remarkable things he has witnessed in his career in
The influx of tourists in Italy’s famous lakeside resorts has become a headache for boat drivers, who struggle to navigate the crowded waterways. Services that rely on tourism, such as boat tours for famous views and attractions in places like Lake Como, are facing challenges due to the overwhelming number of visitors. The impact is
In a changing job market, many companies are reevaluating their hiring criteria and shifting their focus toward applicants’ skills rather than traditional metrics like education or years of experience. Recent data from job site Indeed indicates that the share of online job postings in the U.S. listing specific requirements for employment tenure has decreased significantly,
In a surprising move, billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, with plans to eventually take his investment firm public. This decision has sparked interest and speculation in the financial world, as Ackman’s firm is raising $1.05 billion in a funding round, with a valuation of $10.5 billion. Ackman’s hedge-fund