President Trump on Thursday announced that he is invoking the Defense Production Act of 1950 to provide hundreds of millions of dollars in federal support for the coal industry. The Cold War-era law gives the president broad powers to shape key industries involved in national defense and emergency preparedness. Trump’s move makes $500 million available…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire investor Mark Cuban says he does not believe Bitcoin is going “to zero” despite disclosing that he has sold all his coins. “I’m not saying it goes to zero,” Cuban said on May 22 on X. “I’m…
South America has raised its oil exports more than the U.S. has done so far this year as key producers in the region boosted production and shipments to a world scrambling for crude that’s not dependent on the Strait of Hormuz. Over the past five years, South America’s biggest producer and exporter, Brazil, has started…
Canton Network captured roughly 42% of all blockchain fees in the first quarter of 2026, climbing to the top of Messari’s fee rankings as institutional activity on the network grew. The chain generated about $193 million of the $457 million in total fees across 21 blockchains that Messari tracked, according to its Q1 2026 State…
Technology The VistaShares Artificial Intelligence Supercycle ETF (AIS) has become the best-performing AI-focused ETF of the year. Through June 3 it’s up 119%, enough to rank it fifth among all US-listed non-leveraged ETFs. The fund launched in December 2024 and has a 0.75% expense ratio. An Index Fund That Doesn’t Have to Follow Its Index…
Knight-Swift Transportation announced Kevin Knight has retired from his role as executive chairman, effective Wednesday. Knight was a founder of Knight Transportation and served as the company’s CEO from 1994 to 2014. He played a key role in the company’s 2017 merger with fellow Phoenix-based truckload carrier Swift Transportation. Knight-Swift acquired Chattanooga, Tennessee-based TL carrier…
Break open the Buyer’s Bible (which mostly just exists in my brain), and find the Fifth Commandment of my Ten Commandments of Trading… “The ‘smart money’ doesn’t tell you what it’s doing. Figure it out using the data it leaves behind.” Institutions, hedge funds, corporate insiders, and strategic investors don’t broadcast their next moves on…
The BlackRock iShares Bitcoin Trust () recorded $2.43Bn in net outflows over nine consecutive sessions in May 2026, culminating in a $1.26Bn dark-pool block sale on May 26, marking the largest single-day redemption event in the fund’s history since its January 2024 launch. On-chain data simultaneously confirmed the transfer of approximately 6,005 BTC, equivalent to…
A Michigan couple has closed what Coinbase (NASDAQ: $COIN) and Better described as the first Fannie Mae-backed home loan using Bitcoin as collateral, turning a crypto-mortgage product announced earlier this year into a completed transaction. The transaction gives Coinbase a new real-world use case for digital assets at a moment when crypto firms are trying…
July NY world sugar #11 (SBN26) today is down -0.02 (-0.14%), and Aug London ICE white sugar #5 (SWQ26) is up +0.50 (+0.11%). Sugar prices recovered from early losses today and are mixed after dollar weakness spurred some short-covering in sugar futures. More News from Barchart Sugar prices are under pressure today amid a -3%…
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