JPMorgan Chase (NYSE: $JPM) has thrown its support behind the cryptocurrency legislation that’s winding its way through Congress but warned of risks posed from “shadow banking.” In a blog post, JPMorgan, which is the world’s biggest commercial bank, said it is backing efforts to establish a U.S. regulatory framework for digital assets, but emphasized the…
Following the June 2026 primary elections in NYC, in which democratic socialist Mayor Mamdani’s preferred slate enjoyed considerable electoral success, much has been written about the political implications. Our take is really simple. The last time the democratic socialists gained power, especially in major US cities, many of their policies were adopted by Progressives or…
Summary Public Service Energy Group Inc. is an electric and natural gas company with generation, transmission, and distribution via its regulated subsidiary. The company also has merchant nuclear generation and energy trading through its PSEG Power operations. As of the beginning of 2025, the company’s utility, PSE&G, has about 2.4 million electric and 1.9 million…
Summary Owens Corning is a leading global manufacturer of composite and building materials. The company’s products include insulation, roofing, and doors for residential, commercial, and industrial applications. Based in Toledo, Ohio, the compan
Strategy Inc. (NASDAQ: $MSTR) has opened the door to Bitcoin (CRYPTO: $BTC) sales as the company moves to protect the capital structure built around its treasury. The Michael Saylor-founded firm said it may sell up to $1.25 billion of Bitcoin from time to time, with proceeds directed toward its U.S. dollar reserve, preferred stock dividends, interest…
Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for “Meridian Contrarian Fund”. The Fund aims to invest in undervalued companies with clear catalysts for sustainable improvement. A copy of the letter can be downloaded here. The US equities market started 2026 with volatility driven by trade policy uncertainty and heightened geopolitical…
By Georgina McCartney HOUSTON, June 29 (Reuters) – Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains. Iranian and U.S. technical teams working on…
Drayage operators are under growing pressure to do more with less. Between demand volatility, terminal congestion, driver shortages, and shrinking margins, relying on manual processes is no longer sustainable. FreightWaves partnered with CargoWise Landside to survey drayage professionals and uncover how carriers are responding to today’s operational challenges. Insights include: The biggest operational challenges limiting…
By Harry Robertson and Rodrigo Campos LONDON/NEW YORK, June 29 (Reuters) – A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall…
For decades, the pitch for community-owned electric utilities has been simple enough to fit on a bill insert: lower rates, reliable service, and decisions made close to home. The numbers still back that up. What has changed, according to Scott Corwin, president and CEO of the American Public Power Association (APPA), is the difficulty of…
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