Recep-bg | E+ | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved the first U.S. spot bitcoin exchange-traded funds. But experts urge caution before piling into the long-awaited ETFs. The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock, Fidelity, Ark Invest, WisdomTree and […]
CNBC News
Investing in Space: Where to look for progress in the sector this year
A view of the moon, captured from a camera on the International Space Station on May 3, 2021. NASA CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates […]
New York and California make retail theft a 2024 priority: ‘We mean business’
Axis Communications The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to increase the penalties for retail crime offenses and more funding […]
Pentagon inspector general announces review of Austin hospitalization, notification
US Defense Secretary Lloyd Austin speaks to the press on August 18, 2021, at the Pentagon in Washington, DC. Olivier Douliery | Afp | Getty Images The Defense Department’s inspector general has launched a formal investigation into Defense Secretary Lloyd Austin’s failure to notify the White House and Congress of […]
FAA investigating if Boeing failed to ensure certain aircraft were safe for operation after door blew on Alaska Airlines plane
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Thursday said it has informed Boeing that […]
FAA investigating if Boeing failed to ensure aircraft were safe for operation
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Thursday said it has informed Boeing it’s […]
Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical […]
Bitcoin ETFs begin trading on U.S. exchanges
Samara Cohen, chief investment officer of ETF and index investments at Blackrock, center, rings the opening bell as bitcoin spot ETFs are launched on the Nasdaq Exchange in New York City on Jan. 11, 2024. Stephanie Keith | Getty Images Bitcoin exchange-traded funds saw big swings on their first day […]
Iran seizes oil tanker involved in U.S. dispute off coast of Oman
Aerial view of a tanker. Bugto | Moment | Getty Images Iran on Thursday captured an oil tanker previously involved in a Washington-Tehran dispute over carrying U.S.-sanctioned crude, Iranian state media said. The Iranian navy seized the vessel St. Nikolas in the Gulf of Oman, the state-run Islamic Republic News […]
Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Images U.S. shipping costs are spiking as attacks in the Red Sea disrupt global trade, raising fears that inflation might pick up again if the disruption persists. The diversion […]