Market Rally as Biden Signs Crypto Executive Order

2022-03-11 10:25:54 By : Mr. Jack P

John Sarson, Sarson Funds CEO and founder, joins “First Mover” to provide his analysis on the current state of the crypto markets amid a recent price rally for cryptocurrencies. Sarson touches on bitcoin’s decoupling from risk assets and proving itself as digital gold amid times of economic distress and Ukraine raising crypto donations for its military needs against Russia's invasion.

Some worry conditions amount to a perfect storm, reminiscent of the phenomenon that made the economy of the 1970s miserable for many Americans.

Rivian Automotive (NASDAQ: RIVN) stock surged this morning and rallied as high as 9.6% as of 11:10 a.m. ET. The hot electric vehicle (EV) stock cooled off a bit as the day progressed but was still trading 6.5% higher as of 1:30 p.m. ET Thursday. Just yesterday, Rivian was in the news for all the wrong reasons.

Federal law does not entitle New Mexico communities near nuclear test sites to federal compensation. The state's U.S. senators hope to change that.

The former head of Honduras’ National Police now facing extradition to the United States on drug trafficking and weapons charges was a long-feared figure, as well as an ally of the U.S. government in its war on drugs. Juan Carlos Bonilla Valladares, better known as “El Tigre” or “The Tiger,” grew up in Honduras’ military before embarking on a long career in its National Police force that culminated in a stint as its commander. On Wednesday, Bonilla was arrested at a toll plaza on the outskirts of Tegucigalpa.

Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine. The criticism has seen the crypto industry scrambling to regain control of the narrative, with many executives frustrated that the compliance regimes in place at leading exchanges, such as Coinbase and Binance, are being called into question. The crypto community was largely caught flat-footed as the United States and its allies moved to impose sweeping sanctions against Russia's banks, elites and other state firms.

A teen girl in Florida was arrested and charged with eight felony counts of written threats for allegedly possessing a “kill list” on her phone, police say

ogether, these moves mean a serious roster makeover is underway.

The world has recently seen an America that would not do what it said it would, writes Mark W. Everson.

Chinese President Xi Jingping said China is "pained to see the flames of war reignited in Europe" and will be sending humanitarian aid to Ukraine, the communist leader's strongest statement on the crisis to date. However, Beijing may see the fallout from Russia’s invasion as a deterrent for trying to forceably take over Taiwan. Jane Perlez, former Beijing bureau chief for The New York Times, joins “CBS News Mornings” to discuss.

A trip to a convenience store turned into a terrifying ordeal for a Florida man Tuesday night when a car smashed into the store and slammed into him.

Inflation in Mexico accelerated faster than expected in February, official data showed, with underlying price pressures hitting their highest level in over two decades, feeding expectations the central bank will hike interest rates higher. Figures from national statistics office INEGI on Wednesday showed consumer price inflation advanced to 7.28% from 7.07% in January, a rate more than double the Bank of Mexico's target. Core inflation, which strips out some volatile items, accelerated by nearly fourth tenths of a percentage point to 6.59%, the highest rate since mid-2001.

Saturna Capital, an investment management firm, published its “Amana Funds” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. For the fourth quarter of 2021, the Amana Income Fund Investor Shares returned 13.76% and the Institutional Shares returned 13.85%. The Amana Growth Fund sprinted to a strong finish in the fourth […]

Russian star Alex Ovechkin was showered with boos on the night he tied Jaromir Jagr for third on the NHL's all-time goals list.

Inflation, the Russia-Ukraine conflict, and the threat of rising interest rates are all likely on investors' minds right now. For investors worried about the stock market turmoil, investing in a couple of exchange-traded funds (ETFs) can help keep your risk down while still profiting from long-term gains in popular stocks. Two funds that investors may want to focus on today are iShares U.S. Pharmaceuticals ETF (NYSEMKT: IHE) and VanEck Morningstar Wide Moat ETF (NYSEMKT: MOAT).

"Given enough money and time, I can create infinite of any" commodity, including gold, real estate, and luxury watches, said Michael Saylor.

FTX Access will offer institutional investors access to advisory services, index products and trade execution, among other items.

After Jean-Luc Picard (Sir Patrick Stewart) wakes up to a very different Chateau Picard, populated by an android named Harvey, Picard realizes an old foe, Q (John de Lancie), has made his return. Stream all-new episodes of Star Trek: Picard on Thursdays, exclusively in the U.S. on Paramount+.

“Everything is still cold when I come home at night”

Sarasota lawyer Lamar Matthews had broad influence in the legal community and the area at large in a career spanning decades.

The University of California school system received a record number of applicants for fall 2022, with Latinos comprising the largest group.