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RIMINI, Italy — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of Ancona in the southeast, there are more than 40 miles of sandy beaches. It was made famous by native son Federico Fellini, who grow up in the town and featured it…
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Chris Licht started CNN’s daily network editorial meeting on Monday by directly addressing the elephant in the room. “I want to say that I’ve…
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The US Commodity Futures Trading Commission Chair Rostin Behnam, Coinbase’s Chief Legal Officer Paul Grewal and a slew of former regulators are set to testify Tuesday morning in front of a US congressional committee.The House Agriculture Committee will meet to discuss legislation to regulate cryptocurrencies and hear from Behnam, Grewal…
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Dear readers/followers, A couple months ago I wrote an article on a Scandinavia-based utility Fortum Oyj (OTCPK:FOJCF) explaining what the company does in detail and focusing on two issues that the company had been facing. I really encourage you check out that article to get an understanding of the whole…
On Saturday, Indian prime minister Narendra Modi was scheduled to flag off via video hookup the first departure of a new Vande Bharat (“Salute to India”) express train service linking the western state of Goa to the commercial capital Mumbai.However, the launch was called off following India’s worst rail disaster…
A lawyer for Harlan Crow, the GOP megadonor who provided luxury travel and engaged in private real estate deals with Clarence Thomas, has offered to meet with Senate Judiciary Committee staff to discuss its questions regarding the interactions between his client and the Supreme Court justice. In a letter to…
Shares of Meta Platforms Inc. META, -0.45% slumped 0.45% to $271.39 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.09% falling 0.09% to 13,229.43 and Dow Jones Industrial Average DJIA, -0.59% falling 0.59% to 33,562.86. Meta Platforms…
There is no such thing as a “June swoon” on Wall Street. Those who are predicting one — and there are many — reveal more about themselves than the stock market. The belief in fictional phenomena such as the June Swoon illustrates once again why investor sentiment plays such a…