Another interesting week in the stock market comes to an end. The past few days were flooded with the twists and turns of President Trump’s reciprocal tariffs, which were later put on a 90-day pause except for China, which got hit with higher tariffs. Then came China’s retaliation, which stirred the pot even more. Where tariffs between the two countries ...
White House envoy Steve Witkoff was in Russia on Friday to meet with Russian President Vladimir Putin after peace talks with Ukraine stalled out in recent weeks, ‘frustrating’ President Donald Trump. ‘This is another step in the negotiating process towards a ceasefire,’ White House press secretary Karoline Leavitt said of the meeting. ‘I think the president has been quite clear ...
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to its anti-money laundering program and transaction monitoring processes. The deficiencies at Block, some involving cryptocurrencies, “created a high-risk environment vulnerable to exploitation by criminal actors,” ...
Halcones Precious Metals Corp. (TSX-V: HPM) (the “Company” or “Halcones”) announces that it has closed the second and final tranche of its previously-announced private placement of units (the “Offering”) of the Company (the “Units”) pursuant to which the Company issued 7,707,200 Units at a price of $0.07 per Unit for aggregate gross proceeds of $539,504 (the “Final Tranche”). Each Unit ...
As the US SEC hurtles toward regulatory clarity, a division has published disclosure guidance for crypto assets that are securities. The SEC’s Division of Corporation Finance shared the guidance for issuers urging clear disclosures for business description, risk factors, and financial statements. SEC Drops Fresh Guidance For Issuers Of Crypto Asset Securities The US SEC’s Division of Corporation Finance has ...
As civil war-torn Myanmar struggles to recover from a devastating earthquake, the United States is facing criticism that it has abandoned the country in its hour of need – and is ceding global leadership on disaster response to its rivals. The 7.7-magnitude quake, which struck on March 28 and killed thousands, is the first major natural disaster since the Trump ...
When the stock market slides significantly, it’s natural to question if the market has bottomed and getting ready to bounce. In this video, David Keller, CMT highlights the Bullish Percent Index (BPI) as a key indicator to monitor during corrective moves. Learn more about how the BPI is derived, what current levels indicate about the likelihood of a short-term rally, ...
U.S. Ambassador to Ukraine Bridget Brink is stepping down, the State Department confirmed Thursday, as the Trump administration ramps up its efforts to broker a peace deal between Russia and Ukraine. Tammy Bruce, a State Department spokesperson, said Brink would be leaving her role, though she didn’t give a specific departure date. The news comes at a critical moment for ...
Cobalt metal prices fell to a nine year low in February after another year of oversupply, but rebounded sharply after the Democratic Republic of Congo (DRC) instituted a four month export pause for the critical metal. After starting the year at US$24,495 per metric ton, cobalt ended the three month period at US$34,040.40, a strong 39 percent increase from January’s ...
The US Senate has finally confirmed Donald Trump’s nominee, Paul Atkins, as the next US Securities and Exchange Commission (SEC) Chair. This development is significant as Atkins has promised to provide regulatory clarity for the industry, which was lacking under past Chair Gary Gensler’s administration. US Senate Confirms Paul Atkins As SEC Chair In an X post, Journalist Eleanor Terrett ...
El Salvador says it shares intelligence with the United States about gang members wanted by the Central American nation and provides “complete records” on them before formally requesting their deportation. Villatoro’s comments come after the Trump administration deported more than 270 men to El Salvador, accusing them of being members of the Venezuelan Tren de Aragua gang or Salvadorans tied ...
Tariff turmoil continues sending the stock market into a turbulent spin. Tariffs went into effect at midnight, which sent equities and bond prices lower. Then before 1:30 PM ET Wednesday, President Trump announced that China would be slapped with 125% tariffs and the reciprocal tariffs are on pause for 90 days. This was a huge turning point for the market. ...