All posts tagged: trading

Conservative publishing is trading politics for piety

Conservative publishing is trading politics for piety

Published by Sam Flores

Tucker Carlson, the former Fox News host turned popular right-wing podcaster, recently announced he is teaming up with Skyhorse Publishing to release books by a familiar cast of provocateurs. Among his stable of authors is Russell Brand, the actor currently facing multiple sexual assault charges in the U.K. — to which he has pleaded not guilty — and Milo Yiannopoulos, the far-right media figure who once identified as gay but now advocates for so-called “conversion therapy,” and whose previous publishing deal imploded after comments widely interpreted as condoning sex between adults and minors. Carlson has framed the venture as a defiant stand against censorship, and it seems clear the imprint intends to push against the boundaries of what legacy media will tolerate, like a book on cancer by Los Angeles Times owner Dr. Patrick Soon-Shiong, whose controversial cancer drug Anktiva recently received FDA warnings about misleading claims.  Conservative publishing isn’t dead — but it is drifting, trading politics for piety, and intellectual rigor for the safer margins of lifestyle content and cultural signaling. Carlson’s inaugural …

4 UK travel firms plunge into liquidation or cease trading – all bookings cancelled | UK | News

4 UK travel firms plunge into liquidation or cease trading – all bookings cancelled | UK | News

Published by Sam Flores

4 UK travel firms have plunged into administration or ceased trading in 2026 (Image: Getty) Four travel firms have ceased trading in 2026 and cancelled all bookings. With jet fuel prices soaring following the Iran crisis and international travel hit with uncertainty thanks to travel warnings, there could yet be more companies pushed to breaking point. When holiday businesses do collapse, bookings are cancelled and holidaymakers lose their trip and their money, unless their firm was covered by ATOL protection. In January, Regen Central Ltd went into liquidation and cancelled all trips without refunds. The firm, which was founded in Hertfordshire in 2011 before moving to London, lost its ATOL protection on January 13. The Civil Aviation Authority (CAA) said Regen Central had no outstanding ATOL protect bookings, and that those sold as accommodation only, non flight or flight only bookings are not protected by ATOL. Read more: Three airlines plunge into administration or liquidation – all flights cancelled Read more: UK chocolatier plunges into administration – in business since 1986 On January 23, British …

Charles Schwab To Launch Spot Bitcoin Trading For Retail Clients

Charles Schwab To Launch Spot Bitcoin Trading For Retail Clients

Published by Jenni Sidey

Authored by Micah Zimmerman via Bitcoin Magazine, Charles Schwab announced further details and plans in their attempt to launch direct spot bitcoin trading through its new platform, Schwab Crypto™, signaling a major step by one of the country’s largest brokerage firms into the digital asset market.  The feature will roll out in phases over the coming weeks and will allow retail clients to buy and sell bitcoin and ethereum through existing Schwab platforms, the bank said.  The move gives millions of Schwab clients the ability to trade bitcoin alongside traditional holdings such as stocks, ETFs, and mutual funds. Clients will access Schwab Crypto through Charles Schwab Premier Bank, SSB, which will act as custodian for the digital assets.  Blockchain infrastructure provider Paxos will handle sub-custody and trade execution under a federally regulated trust structure. “Clients want to conduct more of their financial lives at Schwab,” said Jonathan Craig, Head of Retail Investing. “With Schwab Crypto, they can trade digital assets within their existing accounts while drawing on the service, research, and tools they rely on.” At launch, Schwab Crypto will …

Kalshi, Polymarket lobby as insider trading, betting eyed by Congress

Kalshi, Polymarket lobby as insider trading, betting eyed by Congress

Published by Sam Flores

With proposals to rein in prediction markets proliferating through the halls of Congress in recent weeks and months, Kalshi — one of the biggest players in the booming industry — went on defense. The New York-based platform launched an ad campaign throughout Washington, rolling out mint-green spreads on billboards, bus shelters and inserts in The Washington Post. The ads seek to deflect the spate of criticism being hurled Kalshi’s way and to position it as different from Polymarket, the other global industry giant. “We ban insider trading,” “We don’t do death markets,” “We aren’t the house,” “We operate under U.S. law,” the ads read. The companies are looking to get ahead of lawmaker concerns about insider trading and bets placed on things like war-related deaths. Building corporate influence in the capital city is a well-used playbook. Prediction markets are a new player, and Kalshi and Polymarket are working to create goodwill with Congress and regulators, who are raising concerns about insider trading and unseemly bets on the platforms. “There’s been a lot of conflation between …

Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss

Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss

Published by Jenni Sidey

Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above analyst estimates of $1.01. Revenue was 7% higher at $30.27 billion, driven by solid net interest income, sales and trading and investment banking fees.  Revenue from equity trading climbed 30% to $2.8 billion in the first quarter, beating expectations, while fixed-income trading, which fell short of a consensus of analyst estimates, rose less than 1% to $3.5 billion, similar to Goldman’s FICC miss. Bank have benetted from a volatile quarter, when the Iran war sent oil prices surging and concerns about artificial intelligence and private credit whipsawed stocks. Trading desks were already on a roll since President Donald Trump won the 2024 election, as …

Financial risk management platform Pillar raises M seed in round led by a16z

Financial risk management platform Pillar raises $20M seed in round led by a16z

Published by skeptic

Pillar, a platform that helps commodity-driven businesses (like those in metals, food, and airline companies) manage financial risk, announced Tuesday a $20 million seed round led by Andreessen Horowitz.  Others in the seed round include Crucible Capital, Gallery Ventures, and Uber CEO Dara Khosrowshahi. The company has raised $23 million to date. Pillar, founded in 2023, automates hedging processes for such businesses. Hedging is when a company places a trade that can offset or cancel out losses from other priced trades. Geopolitics has not been kind to the commodities market, which has seen much volatility in the past year.  Harsha Ramesh, the company’s co-founder and CEO (founded alongside Chinmay Deshpande, the company’s CTO), said the company uses AI to ingest and parse data from client contracts, cash flows, inventories, ERP software, spreadsheets, and even WhatsApp messages to “continuously analyze exposure across commodities, FX, and freight.” It can then build and manage a hedge portfolio for its clients, and adjust positions automatically based on “market conditions, volatility, and the client’s risk tolerance,” Ramesh continued. The platform …

Goldman Sachs Beats Profit Estimates, Weak Fixed Income Trading Drags Down Shares

Goldman Sachs Beats Profit Estimates, Weak Fixed Income Trading Drags Down Shares

Published by Sam Flores

By Saeed Azhar and Utkarsh Shetti NEW YORK, April 13 (Reuters) – Goldman Sachs beat expectations for quarterly profit on Monday, driven ⁠by ⁠strength in dealmaking and equities trading, but the U.S. investment bank’s ⁠shares fell 1.9% on weakness in its fixed income, currencies and commodities division. Revenue from the division fell 10% to $4.01 billion in the first quarter, hit ​by a slowdown in interest rate trading, mortgages and credit products. “The stock is weak due to the disappointment in FICC trading, in our view,” RBC Capital Markets analyst Gerard Cassidy said. Shares in Goldman Sachs opened 4% lower, but pared some ‌losses after CEO David Solomon expressed optimism about the outlook ‌for dealmaking despite the volatility caused by the war in Iran and concerns around AI-driven disruption. “The environment for investment banking activity continues to be incredibly robust, particularly M&A activity,” Solomon said on an earnings call. “While market conditions tempered ⁠execution for IPOs and sponsor ⁠activity broadly, we believe that activity levels will rebound once conditions stabilize.” Goldman Sachs kicked off the …

Billionaire Says Insider Trading Should Be Fully Legalized

Billionaire Says Insider Trading Should Be Fully Legalized

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech You know how you curb illegal insider trading? Well, according to this one mega-rich billionaire: legal insider trading. In an interview on Bloomberg’s Odd Lots podcast, Thomas Peterffy, the founder and chairman of Interactive Brokers Group, argued that trying to stop the practice is futile, so you should let everyone do it and allow asset prices to correct themselves over time instead. He didn’t frame it as a naked ploy to allow kleptocrats to further enrich themselves, but as a legitimate boon to larger society. “I’m in favor of not having any rules against insider trading. I would like all the information out there as soon as it’s available,” Peterffy said on the podcast. “Because look, as a society, we are better off knowing as soon as possible anything that is knowable.” The effrontery of Peterffy’s remarks can’t be overstated. His company owns and runs ForecastEx, a prediction market that lets you place bets on the outcomes of …

I wear Duluth Trading Co. underwear every day and they’re currently all on sale for for up to 60% off

I wear Duluth Trading Co. underwear every day and they’re currently all on sale for for up to 60% off

Published by Jenni Sidey

We may earn revenue from the products available on this page and participate in affiliate programs. Learn more › Sign Up For Goods 🛍️ Product news, reviews, and must-have deals. You might not think your underwear has a huge impact on the overall quality of your life. You’re wrong. I used to buy packages of cheap underwear from a big box store, but I recently tried out the Duluth Trading Armachillo boxer briefs and it has been a revelation. They stay up, have a cooling effect, and most importantly, they fend off chafing better than any pair of boxer briefs I’ve ever worn. I even wear them to hike. Right now, all of Duluth’s underwear are on sale. The standout deal is on the Armachillo Cooling Boxer Briefs, which are down to $19.97 from $29.50. The rest of the sale covers Buck Naked, Dang Soft, and Free Range lines with prices starting under $10. Summer is coming, and this is a good time to stock up before it gets hot out. Men’s Armachillo Cooling Boxer …

Warner, Schiff probe potential insider trading in government

Warner, Schiff probe potential insider trading in government

Published by Sam Flores

Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner, D-Va., and Adam Schiff, D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the Department of Defense inspector general. The senators cited public reporting of “large positions in equities and equity-linked derivatives” being built up before major policy announcements, such as decisions related to the Iran war and President Donald Trump’s tariffs agenda. And they suggested those instances indicate “federal officials are disclosing material nonpublic information for financial gain.” “Recent reports of equity trading that occurred shortly before significant government policy announcements suggest that federal officials are disclosing material nonpublic information for financial gain,” the lawmakers wrote in the letter to SEC Chair Paul Atkins and Pentagon IG Platte Moring. “These actions undermine public interest and market integrity, and demand oversight by each of your respective authorities, as well as by Congress.” The letter …