Author: IA PressRoom

Source: AdobeStock / TomCathie Wood’s Ark Investment has purchased around $20 million worth of Block shares as the crypto investment firm stand remains committed to crypto. According to data provided by ARK Invest Daily Trades, ARK Invest acquired a total of 305,573 shares of Block across six intervals between June 7-8, which now represents ARK’s fourth largest holding at 4.81%. Of the new shares, 240,174 were added to its ARK Innovation (ARKK) ETF, 39,099 shares to ARK Next Generation Internet (ARKW), and the remaining 26,300 shares to ARK Fintech Innovation (ARKF).Founded by former Twitter CEO Jack Dorsey and Jim McKelvey in 2009, Block,…

Democrat lawmakers were quick to react following the news that former President Donald Trump had been indicted on charges connected to his handling of classified documents, with some saying that the former president is not “above the law” and calling his behavior “extremist” and “toxic.””No one is above the law,” Rep. Gerry Connolly (D-Va.) said in a Twitter post. “The chaos of Trump continues,” Rep. Greg Landsman (D-Ohio) said on Twitter. “What he’s doing to this country, the extremism and danger he and his allies present, has to end. Only when those who support and enable him decide to be done…

Has Cracker Barrel Old Country Stores gone woke? The meat loaf and fried steak purveyor, founded in Middle Tennessee and overwhelmingly concentrated in Old Dixie, has been criticized for a diversity, equity and inclusion campaign. “We take no pleasure in reporting that Cracker Barrel has fallen,” tweeted the Texas Family Project. As evidence, the Texas group cited a two-page flyer from the restaurant chain celebrating Pride month, and its participation which seemingly looked to be a few rainbow-colored sponsored rocking chairs. “Discrimination, overt or through unconscious bias, has no place at Cracker Barrel Old Country Store,” concludes the company, which…

Hours after he was indicted, Donald Trump was seen jamming to Elvis, Pavarotti and James Brown.  The ex-president was seen DJ-ing at Bedminster after getting indicted, sources told The New York Times.  However, he was rage-posting on Truth Social almost simultaneously.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Former President Donald Trump broke the news that he’d been indicted for a second time on Thursday, but he also found the time to raise the roof behind Bedminster’s DJ console, per The New York…

The UK government has introduced a price floor for the windfall tax on oil and gas producers, arguing that it is necessary to support investment and boost the country’s energy security.The tax rate, which was raised to 75 per cent last year at the peak of the energy crisis, will revert to the pre-crisis level of 40 per cent if oil and gas prices fall below their long-term average under the so-called Energy Security Investment Mechanism.The floor has been set at $71.40 for crude oil and £0.54 a therm for gas. Both would need to average below that level for…

© Reuters. FILE PHOTO: Bank of Japan Governor Kazuo Ueda speaks at a group interview with media in Tokyo, Japan, May 25, 2023. REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expected, suggesting the economy was making steady progress toward hitting its 2% price target. But he stressed anew the central bank’s resolve to keep ultra-loose policy, to ensure companies raise wages enough to more than offset the burden on households from rising inflation. “There’s still some…

© Reuters. FILE PHOTO: FILE PHOTO: Test tubes are seen in front of a displayed AstraZeneca logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) – AstraZeneca (NASDAQ:) said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases. The agreement includes developing, manufacturing and commercialising cell therapies that have the potential to be curative in type 1 diabetes and inflammatory bowel disease indications, the drugmaker said in a statement. UK-based Quell will receive $85 million upfront from AstraZeneca, and is also eligible…

© Reuters. Investing.com – The U.S. dollar edged higher in early European trade Friday, rebounding after the previous session’s sharp losses as traders sought out a safe haven after weak Chinese inflation data. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 103.358, having lost more than 0.7% in the previous session, its largest daily decline in weeks. Safe haven dollar receives boost from Chinese data The dollar was in demand early Friday after data showed that Chinese shrank in May from the prior month, while fell…

The Justice Department on Thursday took the legally and politically momentous step of lodging federal criminal charges against former President Donald J. Trump, accusing him of mishandling classified documents he kept upon leaving office and then obstructing the government’s efforts to reclaim them.Mr. Trump confirmed on his social media platform that he had been indicted. The charges against him include willfully retaining national defense secrets in violation of the Espionage Act, making false statements and a conspiracy to obstruct justice, according to two people familiar with the matter.The Justice Department made no comment on the indictment Thursday and did not…

Raytheon bags $372.14M US Navy contract