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☆ Cathie Wood says Tesla is the 'biggest AI opportunity in the world' today
▼ + stars: | 2023-09-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Ark Invest CEO Cathie Wood says she believes that Tesla is the "biggest AI opportunity in the world" today. She says that Tesla's autonomous taxi opportunity "is going to be a winner." "Again, this isn't the biggest AI project in the world right now. Wood gave Tesla a $2,000 price target by 2027 – representing potential upside of a whopping 650% from Tuesday's close. AI is the biggest catalyst," Wood said.

Persons: Cathie Wood, Tesla, CNBC's, Wood, Elon Musk, we're, —, Yun Li Organizations: Reuters, Innovation Locations: United States, Tuesday's

Whatever House Republicans come up with is nearly certain to be rejected by the Senate, where Democrats and most Republicans want to fund the government. Political Cartoons View All 1169 Images“The ball’s in Kevin’s court,” said Republican Rep. Ralph Norman of the Freedom Caucus. “Extreme House Republicans are playing partisan games with peoples’ lives and marching our country toward a government shutdown,” the White House said. But House Republicans are late to the effort, with time running short to act. One seasoned lawmaker, Republican Rep. Mike Simpson of Idaho, warned of pain ahead for Americans if the government shuts down.

Persons: Kevin McCarthy, McCarthy, ” McCarthy, Joe Biden's, ”, Ralph Norman, Stephanie Bice, Matt Gaetz, Byron Donalds, Gaetz, Victoria Spartz, Steve Womack, John Boehner, Paul Ryan, Womack, Chuck Schumer, Spartz, Chip Roy, ” Roy, Mike Simpson of, “ I’ve, ” Simpson, Kevin Freking Organizations: WASHINGTON, House Republicans, Republicans, Senate, Republican, Freedom Caucus, Caucus, GOP, White, Extreme, Biden, Associated Press Locations: U.S, Kevin’s, Texas, Mexico, Mike Simpson of Idaho

☆ Watch CNBC's full interview with ARK's Cathie Wood
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with ARK's Cathie WoodCathie Wood, ARK Invest CEO, joins 'Fast Money' to talk Tesla, her investing playbook, autonomous vehicles and much more.

Persons: ARK's Cathie, Tesla Organizations: ARK Invest

☆ ARK CEO Cathie Wood on self-driving taxis: It's a 'winner take most' market for Tesla
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailARK CEO Cathie Wood on self-driving taxis: It's a 'winner take most' market for TeslaCathie Wood, ARK Invest CEO, joins 'Fast Money' to talk Tesla, her investing playbook, autonomous vehicles and much more.

Persons: Cathie Wood, Tesla Organizations: ARK Invest

☆ Here Are the Plants Where U.A.W. Strikes Are Happening
▼ + stars: | 2023-09-15 | by ( Lazaro Gamio | Eli Murray | ) www.nytimes.com time to read: +2 min

Here Are the Plants Where U.A.W. Strikes Are HappeningWentzville Assembly Plant 3,600 workers Michigan Assembly Plant 3,300 workers Toledo Assembly Complex 5,800 workers Wentzville Assembly Plant 3,600 workers Michigan Assembly Plant 3,300 workers Toledo Assembly Complex 5,800 workers Ala. Alaska Ariz. Ark. The three plants represent only a small portion of the unionized factories of G.M., Ford and Stellantis across the United States, and less than 10 percent of those companies’ 150,000 U.A.W. Company Plant Workers Ford Michigan Assembly Plant Wayne, MI 3,300 Stellantis Toledo Assembly Complex Toledo, OH 5,800 GM Wentzville Assembly Plant Wentzville, MO 3,600 Sources: Company websites (plant locations); U.A.W. The strikes are affecting plants owned by each of the three U.S. automakers — a change in tactics from previous U.A.W.

Persons: Iowa Kan Organizations: Plant, Hawaii Idaho Ill, N.D . Ohio Okla, New York Times, United Automobile Workers, Detroit, —, Motors, Ford Motor, Chrysler —, Ford, Company Plant Workers Ford, Company Plant Workers Ford Michigan Assembly Plant, Wentzville Locations: Michigan, Toledo, Ala, Alaska, Calif, Colo, Conn, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, Midwest, G.M, United States, Company Plant Workers Ford Michigan, Company Plant Workers Ford Michigan Assembly Plant Wayne, MI

Sarah Huckabee Sanders signed a law Thursday restricting release of her travel and security records after the Legislature wrapped up a special session marked by a fight to more broadly scale back the state Freedom of Information Act. Sanders sought the security exemptions as the State Police was sued by an attorney and blogger who accused the agency of illegally withholding records about the governor’s travel and security. Supporters of the bill said the governor's higher profile has raised the security risk she and her family faces. The broader exemptions originally sought prompted an outcry from media groups, transparency advocates and some conservatives who said it would create massive holes in the state's open records law. Sanders also signed legislation prohibiting state and local governments from requiring someone to be vaccinated against COVID-19.

Persons: Sarah Huckabee Sanders, Sanders, she's, Donald Trump, ” Sanders, Andrew Collins, ” Collins, Matthew Campbell, Campbell, David Ray, We're, David Couch, ” Couch Organizations: —, GOP, State Police, White, Democratic, Republican, COVID, Legislative Locations: — Arkansas

(AP) — Arkansas lawmakers voted Wednesday to shield travel and security records for Gov. Sarah Huckabee Sanders’ administration, a day after ditching a more far-reaching proposal that critics said would weaken government transparency. Sanders and Republican legislators on Tuesday backed off a broader plan that would have closed off access to other records, including any “reflecting communications” between the governor's office and her cabinet secretaries. I want to be able to see the documents,” Joey McCutchen, a Fort Smith attorney who has specialized in public records cases, told lawmakers. Sanders is seeking the limits as State Police is being sued by an attorney and blogger who has accused the agency of illegally withholding records about the governor’s travel and security.

Persons: Sarah Huckabee Sanders, Sanders, ” Joey McCutchen, “, Scott Gray, she's, Donald Trump's, Sen, Clarke Tucker, It's, ” Tucker, Nicole Clowney, Lawmakers, Bart Hester, he’s, Hester Organizations: —, Gov, Republican Senate, State Police, Tuesday, Fort, The Arkansas Press Association, Saline County Republican, Democratic Locations: — Arkansas, Fort Smith, Saline County, Pulaski County, Arkansans

☆ Why Are We Obsessed With the Destruction of L.A.?
▼ + stars: | 2023-09-12 | by ( Ismail Muhammad | ) www.nytimes.com time to read: +4 min

For them the flooding was ordained by God, a sign that they were vindicated in a running feud with the team. For many of these conservatives, the ultimate decision to host the Sisters earned the Dodgers a special place in hell. The next day, the Dodgers’ official X and Instagram accounts posted images of a dry and sunny scene at the ballpark. In the movies, L.A. is the place where everything goes wrong; at least the rest of the nation can take lessons from its failures. How, I wonder, does the new visual language of social media train us to understand the world?

Persons: God, Marco Rubio, “, Bill Donohue, Charlton Heston, Tom Szczerbowski Organizations: Dodgers, Catholic League, Spunky Conservative Patriot, Los Angeles Times, Charlton, National Guard, Dodger Locations: California, Southern California, Eden, Black

Republican lawmakers filed legislation exempting release of the travel and security records after an outcry over a proposal to significantly scale back the state's Freedom of Information Act. Sanders is seeking the limits as State Police is being sued by an attorney and blogger who has accused the agency of illegally withholding records about the governor's travel and security. The newest bill also removes proposals facing opposition that would have created an attorney-client privilege exemption for state records and a change in how attorneys' fees are awarded in open records lawsuits. The legislation filed Tuesday would require State Police to file quarterly reports that identifies by month and budget category expenses for the governor’s security. It would also make the exemptions on the governor's security retroactive to June 1, 2022.

Persons: Sarah Huckabee Sanders, Sanders, Bart Hester, Donald Trump’s, Democratic Sen, Clarke Tucker, “, ” Tucker, Robert Steinbuch, William H, ” Steinbuch, ” Organizations: —, GOP, Republican, Senate Republicans, State Police, Democratic, University of Arkansas, Bowen School of, Arkansas Press Association, Society of Professional Journalists, Press Association, Arkansas Broadcasters Association, Republican Party Locations: — Arkansas, Arkansas, Little

The plan to restrict records has prompted an outcry from press groups, transparency advocates, Democrats and some conservatives who said it undermines the state’s 1967 law that protects the public’s access to government records. Opponents have also questioned the need for quickly pushing for the legislation in a special session. The bill would close off access to records that are at the center of a lawsuit an attorney and blogger has filed against the Arkansas State Police. David Couch, an attorney who has authored successful ballot initiatives on medical marijuana and the minimum wage, said earlier Monday he was working on a referendum effort on the FOI changes if they become law. A Senate committee on Monday endorsed the tax cut legislation, which calls for cutting the top individual and corporate income tax rates by .3%.

Persons: Sarah Huckabee Sanders, Sanders, “ We've, Bart Hester, Hester, “, ”, Joey McCutchen, she's, Donald Trump's, “ We’re, Matt Campbell, David Couch, I've, Couch Organizations: —, Senate, Fort, State Police, Republicans, Arkansas State Police, Arkansas Press Association, Society of Professional Journalists, Republican Party, Prosperity Locations: — Arkansas, Fort Smith, Arkansas

Alison SiderAlison Sider writes about airlines and air travel from The Wall Street Journal’s Chicago bureau. She has chronicled the major U.S. airlines since 2018, most recently focusing on how they've navigated major crises such as the grounding of the Boeing 737 MAX and the global coronavirus pandemic. She joined the Wall Street Journal's Houston bureau in 2012 to write about the U.S. energy industry, and later covered oil markets in New York. Previously, she worked at the Arkansas Democrat-Gazette in Little Rock, Ark., covering business and reporting from the state Capitol. Alison has an MBA from the McCombs School of Business at the University of Texas at Austin and a BA in economics from the University of Chicago.

Persons: Alison Sider Alison Sider, they've, Alison Organizations: Boeing, Arkansas Democrat, Gazette, McCombs School of Business, University of Texas, University of Chicago, Twitter, LinkedIn Locations: Chicago, U.S, Houston, New York, Little Rock, Austin, alison.sider@wsj.com

☆ How a Company That Makes Gun Safes Angered Gun Owners
▼ + stars: | 2023-09-08 | by ( Michael Levenson | More About Michael Levenson | ) www.nytimes.com time to read: +1 min

Liberty Safe, which calls itself “America’s #1 heavy-duty home and gun safe manufacturer,” came under intense criticism from gun owners and conservative commentators this week after it acknowledged that it had voluntarily given the F.B.I. the access code to one of its safes to help in an investigation. Until now, it had cooperated when investigators had a search warrant for a customer’s property. among many conservatives, who sharply questioned Liberty Safe’s commitment to protect their firearms from federal agents. Here’s what we know about the search, part of a Jan. 6 case.

Persons: ”, Liberty, Nathan Earl Hughes Organizations: Capitol Locations: Fayetteville, Ark

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailARK Invest and 21Shares file proposal to list a spot ether ETF: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Zac Townsend of Meanwhile explains new standards adopted by the Financial Accounting Standards Board for companies holding crypto.

Persons: explainers, Zac Townsend Organizations: CNBC Crypto, CNBC, Financial

☆ Abortions Rose in Most States This Year, New Data Shows
▼ + stars: | 2023-09-07 | by ( Amy Schoenfeld Walker | Allison Mccann | ) www.nytimes.com time to read: +8 min

Abortions rose in nearly every state where the procedure remains legal, but the change was most visible in states bordering those with total abortion bans. Data was not collected from the 14 states with abortion bans in effect in the first part of the year. Range of 2023 estimates 2020 count Low Median High 20,000 40,000 60,000 80,000 Calif. N.Y. Ill. Fla. N.J. N.C. Both reports show significant increases in abortions in states without abortion bans, a change that anti-abortion advocates and legislators are watching closely. Guttmacher researchers collected abortion data before legislatures enacted bans and restrictions in Indiana, North Carolina and South Carolina.

Persons: Rose, telemedicine, Court’s Dobbs, ”, Caitlin Myers, Maine, Ariz, Nev, Isaac Maddow, isn’t, Dobbs, Dr, Myers, . Kan, WeCount, we’ve, Katie Daniel, Susan B, Anthony Pro Organizations: Ore, Ill . Utah W.Va, D.C, Guttmacher Institute, Middlebury College, ”, Minn, Maine Conn, R.I . Ore . Iowa Md, Miss, Ariz . D.C, Colo, Ill, S.C . D.C, N.M . Utah Ill, Va . Iowa Kan, R.I . Ore . Iowa Calif, Ind . Utah Iowa Hawaii Del, America Locations: . Maine, N.D, Vt, Minn, N.H . Idaho S.D, N.Y, Mass, Wis, Mich, Conn, Wyo, R.I, Pa . Iowa, Nev . Ohio Ind, Md, Del, Ill . Utah, Colo, Calif, Va, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M ., Miss . Ala . Texas La, Alaska Fla, Hawaii States, N.H . Idaho, S.D, Nev . Ohio, Del . Ind, Colo . Va . Calif, Hawaii, United States, Washington, Kan . Ohio Fla, R.I . Ore . Iowa, Ariz ., Ind, La, Nev . Tenn, Okla . Mich, Wash, Pa, Texas, Fla, Pa . Colo, Wash . Ohio Mich, Ga, S.C ., N.M . Utah, Va . Iowa, Pa . N.Y, Okla . Tenn, Nev . Mich, In Illinois, Colorado , Kansas, New Mexico, South Carolina, Arizona , Georgia, Indiana, Arizona, Georgia, California, Florida , Illinois, New York, Ill, Fla . N.J, Pa . Mich, Va . Colo, Wash . Ohio, Ind . Utah Iowa Hawaii, R.I . Maine, Mont . Vt, Alaska, Colorado, Illinois, Indiana , North Carolina

☆ Cathie Wood's ARK and 21Shares plan America's first ether ETF as race to open spot bitcoin funds heats up
▼ + stars: | 2023-09-07 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Cathie Wood's Ark fund and 21Shares are planning America's first spot ether ETF. They filed an SEC application Wednesday as a race to create spot bitcoin ETFs gets underway. The ARK 21Shares ethereum ETF promises a safer way to trade the second-largest cryptocurrency. Many regard that decision as helping pave the way for spot bitcoin ETFs. ARK and 21Shares have also submitted an SEC application for a bitcoin spot ETF.

Persons: bitcoin, There's, ARK's Wood, 21Shares, Ophelia Snyder, Fundstrat Organizations: SEC, Service, Securities and Exchange Commission, Fidelity, Investments, Bloomberg Locations: Wall, Silicon, BlackRock

☆ Cathie Wood's ARK Invest files for first US spot-ether ETF
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson Acquire Licensing RightsSept 6 (Reuters) - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The case has been closely watched by the cryptocurrency and asset management industries, which have been trying for years to convince the SEC to approve a spot bitcoin ETF. Cboe Global Markets earlier this year filed a proposal with the U.S. SEC to list and trade shares of a spot bitcoin ETF by Ark Invest and 21Shares on the Cboe BZX exchange. The regulator has in recent years rejected dozens of applications for spot bitcoin ETFs, citing inadequate levels of trading surveillance that could leave the underlying spot market subject to fraud and manipulation.

Persons: Cathie Wood, David Swanson, 21Shares, Jaiveer Singh, Devika Organizations: ARK Invest, Milken, Global Conference, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, U.S . District of Columbia, Cboe, Ark Invest, Thomson Locations: Beverly Hills , California, U.S, U.S ., Bengaluru

(AP) — An Arkansas attorney and blogger has filed a lawsuit against the Arkansas State Police that accuses the agency of illegally withholding public records he requested related to Gov. Sarah Huckabee Sanders' travel and security. The requests included communications regarding the security for Sanders and her husband, Bryan Sanders, and records regarding their costs. Campbell also requested communications and travel records for the State Police plane, which the governor uses for travel, and records related to Sanders’ trade mission to Europe earlier this year. They include an exemption for the governor's “working papers,” and another regarding records related to governor's mansion security.

Persons: —, Sarah Huckabee Sanders, Matthew Campbell, Sanders, Bryan Sanders, Campbell, “ Rather, ” Sanders, “, Alexa Henning Organizations: Arkansas State Police, Gov, State Police, ASP, FOIA Locations: — An Arkansas, Europe, Arkansas

☆ One of the world’s oldest synagogues reopens in Egypt
▼ + stars: | 2023-09-04 | by ( Aimee Look | ) edition.cnn.com time to read: +3 min

CNN —Egypt has reopened one of the world’s oldest synagogues and home to the most significant single trove of Jewish manuscripts. A copy of the "Torah scrolls" at the newly restored Ben Ezra Synagogue, Egypt's oldest Jewish temple, after decade-long restoration, in old Cairo, Egypt. It awarded Drops of Milk a grant in 2017 to fund their restoration efforts of the remaining synagogues in Egypt, including Ben Ezra, Bertini said. The Ark and "Menorah" at the newly restored Ben Ezra Synagogue, in old Cairo, Egypt. The "Bimah," also known in Arabic as al-minbar, is pictured at the newly restored Ben Ezra Synagogue, in old Cairo, Egypt.

Persons: Ben Ezra, Mostafa Madbouly, Abraham ibn Ezra, Moses Maimonides, Maimonides, Moses, Amr Abdallah Dalsh, Egypt’s MOTA, Louise Bertini, ARCE, Bertini, “ There’s, Abel Fattah al, Sisi, Khaled Fahmy Organizations: CNN, Ministry of Tourism and Antiquities, Cambridge University Library, Milk Association, American Research Centre, UNESCO, Heritage Locations: Egypt, Egypt's, Cairo

☆ These ETFs give investors a way to bet on the next wave of space exploration — and commercialization
▼ + stars: | 2023-09-03 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Russell and Tunkel pointed to falling launch costs, continued demand for satellites and India's recent moon landing as reasons to be excited about the future for the space industry. The most successful of these funds, both by total assets and performance this year, is Cathy Wood's Ark Space Exploration & Innovation ETF (ARKX) . The ARK fund takes a broad approach to finding space stocks. The Ark fund even has some stocks that are only tangentially related to space, at least for now, like Amazon and Google-parent Alphabet . For investors looking for a more narrow approach, BCA described the Procure Space ETF (UFO) as the "purest play on space exploration."

Persons: Guy Russell, Irene Tunkel, Russell, Tunkel, Cathy Wood's, Trimble, — CNBC's Michael Bloom Organizations: BCA Research, Innovation, Google, BCA, SES, Rocket Locations: Luxembourg

☆ Exclusive: Poland charters tankers used for Russian oil to import Arab crude
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +4 min

Many oil majors have avoided contracting tankers that have carried Russian crude because of the risk of sanctions and self-imposed restrictions. Under the price cap, western companies can ship and provide insurance for Russian oil and products provided they are sold at less than $60 per barrel. "Dead freight is one of the issues when working with Russian oil as not all companies agree to use ships involved in Urals deliveries," the trader said. Orlen said it was not involved in any Russian oil shipping and it screened all vessels it uses to ensure no Russian sanctions are violated. Russian oil has been mostly shipped to Asia following the EU embargo.

Persons: Orlen, Russia's Zarubezhneft, Sidi Kerir, Nissos Delos, Marek Strzelecki, Maha El, Barbara Lewis Organizations: MOSCOW, Group, European Union, Botafogo, TMS, Kyklades, Saudi Aramco, Reuters, Thomson Locations: Asia, Lithuania, Poland, Russian, Russia, Ukraine, Moscow, ASIA, Poland's Gdansk, Lithuania's, Russian Baltic, Baltic, Primorsk, Mundra, West India, Saudi, Sidi, Gdansk, Waikiki, Bonita, Nissos, Calida, Butinge, Russia's, Ust, India, Warsaw, Maha, Maha El Dahan, Dubai

The case has been closely watched by the cryptocurrency and asset management industries, which have been trying for years to convince the SEC to approve a spot bitcoin ETF. While the agency has rejected spot bitcoin ETFs, it has approved bitcoin futures ETFs, which track agreements to buy or sell bitcoin at a pre-agreed price. Grayscale argued that the bitcoin futures ETF surveillance arrangements should also be satisfactory for Grayscale's spot ETF, since both products rely on bitcoin's underlying price. Bitcoin futures ETFs track bitcoin futures that trade on the Chicago Mercantile Exchange (CME), the chief venue for those products. The court's panel of judges said Grayscale showed that its proposed bitcoin ETF is "materially similar" to the approved bitcoin futures ETFs.

Persons: Dado Ruvic, Grayscale's, Donald Verrilli Jr, Hannah Lang, Michelle Price, Nick Zieminski Organizations: REUTERS, U.S, District of Columbia, Securities and Exchange Commission, SEC, New York Stock, Arca, Chicago Mercantile Exchange, CME, bitcoin, Supreme, Nasdaq, BlackRock, Fidelity, Thomson Locations: bitcoin, U.S, Washington

☆ Here's what's next for bitcoin ETFs after a court ruled in favor of Grayscale over the SEC
▼ + stars: | 2023-08-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

A federal appeals court struck down the SEC's order denying the conversion of the Grayscale Bitcoin Trust (GBTC) into an exchange traded fund. The decision does not guarantee that investors will be able to freely trade a bitcoin ETF anytime soon, however. Another impact could be for the bitcoin futures ETFs that are already on the market, led by the $940 million ProShares Bitcoin Strategy ETF (BITO) . Those funds could see outflows if investors choose the spot bitcoin products instead. Consider Valkyrie's attempt to change its bitcoin futures product into a broader crypto fund that also holds ether futures.

Persons: Jeremy Senderowicz, Vedder Price, Senderowicz, Terrence Yang, Swan, Yang, Cathie Wood, Islam, bitcoin Organizations: Securities, Exchange, SEC, Appeals, U.S, Supreme, CNBC, Ark Invest, Bloomberg News, BlackRock, Marathon

☆ A spot bitcoin ETF is much closer to reality, but investors aren't quite there yet
▼ + stars: | 2023-08-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The court simply said that the SEC has erred in approving one ETF (bitcoin futures) and not approving another (spot bitcoin). 1) Approve all or some of the nine applications for a spot bitcoin ETF as soon as possible. Applicants for a spot bitcoin ETFGrayscale Bitcoin TrustArk/21 Shares Bitcoin TrustBitwise Bitcoin ETF TrustBlackRock Bitcoin ETF TrustVanEck Bitcoin TrustWisdomTree Bitcoin TrustValkyrie Bitcoin FundInvesco Galaxy Bitcoin ETFFidelity Wise Origin Bitcoin Trust2) Delay as long as the law allows. Even assuming a spot bitcoin ETF is coming, it doesn't mean Grayscale can necessarily jump the line. Note: Matt Hougan Chief Investment, Officer for Bitwise Asset Management, one of the applicants for a spot bitcoin ETF, will appear on ETF Edge on Halftime Report Wednesday.

Persons: Gary Gensler, Who's, Matt, Craig Salm, Grayscale's, Jeremy I, VedderPrice Organizations: Appeals, Federal Circuit, Washington , D.C, SEC, U.S, BlackRock, Fidelity, Bitcoin, Federal Register, Investment, Bitwise Asset Management, Edge Locations: Washington ,

AQUIFERS AQUIFERS AQUIFERS WASH. MAINE MONT. MONITORING WELLS MONITORING WELLS MONITORING WELLS WASH. MAINE MONT. FLA. DECLINING WELLS DECLINING WELLS DECLINING WELLS WASH. MAINE MONT. FLA. UNCHARTED WATERS America Is Using Up Its Groundwater Like There’s No Tomorrow Overuse is draining and damaging aquifers nationwide, a New York Times data investigation revealed. Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Note: Colors depict the median trend for each site over the previous 20 years.

☆ Warren Buffett may be bracing for a recession – and Michael Burry's latest big short is a 'good move,' says top economist Steve Hanke
▼ + stars: | 2023-08-28 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett and Michael Burry may be expecting a market downturn and recession, Steve Hanke says. Berkshire Hathaway sold a net $8 billion of stocks and added to its cash pile in the second quarter. Burry's Scion firm placed bets against the S&P 500 and Nasdaq-100 worth a notional $1.6 billion. Steve Hanke says the Berkshire Hathaway CEO and the investor of "The Big Short" fame are likely preparing for trouble. "It looks to me like Burry has made a good move," Hanke said about the Scion chief's latest big short.

Persons: Warren Buffett, Michael Burry, Steve Hanke, Berkshire Hathaway, Buffett's, Hanke, Buffett, Goldman Sachs, Davidson, Elon Musk's Tesla, Burry, Ronald Reagan Organizations: Scion, Nasdaq, Service, Berkshire, Johns Hopkins University, Toronto Trust, Electric, Harley, Scion Asset Management, Elon, & $ Locations: Wall, Silicon, Toronto Trust Argentina, Mars

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