For this week’s ETF Wrap, I spoke with Franklin Templeton’s Wylie Tollette on the Federal Reserve’s interest-rate decision and caught up with State Street’s Michael Arone on his midyear ETF market outlook.
: Bitcoin climbs as BlackRock files for ETF backed by the cryptocurrency
Bitcoin rises after BlackRock, the world’s largest asset manager, files an application for an exchange-traded fund backed by the cryptocurrency.
FA Center: Lying about using and abusing money can be worse than the debt and losses
Admitting what you’ve done — the decisions you’ve made and the losses you’ve incurred — can sting.
Key Words: I-95 collapse could impact retailers’ holiday season plans and freight rates, experts warn
Retailers are starting to make purchases for the holiday season, says Anthony Thrasher of SPS Commerce.
: Your family’s meat might not be antibiotic-free, despite what it says on the label
The Department of Agriculture is reviewing the accuracy of ‘antibiotic-free’ meat labels.
The Ratings Game: Oracle is riding the AI wave, but growth concerns remain: analyst
One credit analyst still has concerns about Oracle’s leverage and doubts that top-line growth is sustainable.
Outside the Box: Here’s a Father’s Day gift that dads can give to the whole family
Children benefit when fathers take an active role in their lives.
The Tell: Stock market could face $150 billion headwind from rebalancing sales: JPM
The world’s biggest asset managers could unload around $150 billion in equities by the end of June, with the money set to flow into bonds, say analysts at J.P. Morgan.
: Tesla’s EV charging standard is becoming widely adopted, in another boost for the stock
Tesla’s fast-charging standard is becoming the predominant standard in the U.S., boosting the stock and opening up new revenue streams for the EV maker.
: 5 fast facts about berberine, the weight-loss supplement blowing up on TikTok
Berberine — which runs $8.48 to $47.40 a month — has been called ‘nature’s Ozempic’ on social media. Here’s what you need to know about the viral supplement
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