May ISM Manufacturing PMI up to four-year high of 54.0 vs. 53.0 est. & 52.7 prior … new orders up to 56.8 vs. 54.1 prior; prices paid down to 82.1 vs. 84.6 prior … employment up to 48.6 vs. 46.4 prior
SEC IS SAID TO READY PLAN FOR TRADING CRYPTO VERSIONS OF STOCKS
THE SECURITIES AND EXCHANGE COMMISSION IS EXPECTED TO RELEASE ITS SO-CALLED INNOVATION EXEMPTION FOR TOKENIZED STOCKS AS SOON AS THIS WEEK
@RaoulGMI@_The_Prophet__ To be fair i see him acting as more of an introduction to finance for ppl. As they learn more they branch out and find what really moves the needle.
TRUMP ADMINISTRATION TO BEGIN REFUNDING $166B IN TARIFFS
The U.S. government will start refunding up to $166 billion in Trump-era tariffs after the Supreme Court ruled the policy unlawful.
From April 20, businesses can file claims through a new Customs system to recover duties paid under emergency powers. Courts found only Congress can impose tariffs, forcing the rollback.
Over 330,000 importers across 53 million shipments may be eligible. Once approved, refunds—plus interest—should arrive within 60–90 days, though complex cases may take longer.
Officials warn the process will be massive and complex, but payments will go directly to the businesses that originally paid.
JUST IN: 🇺🇸 SEC Chair Paul Atkins announces that "digital commodities, digital collectables, digital tools and payment stablecoins" are not securities.
@BorisJohnson Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand.
JUST IN: Mastercard launches program to connect crypto blockchain payments with global banking, partnering with 85+ companies including:
• Circle
• Paxos
• Ripple
• PayPal
• Gemini
• Binance
The 20 millionth Bitcoin was mined yesterday. Now there are only one million new Bitcoins to be mined, which will take over 100 years.
Decentralized, inflation-proof, global money.
Nasdaq said on Monday that it will work with crypto exchange Kraken and issuing companies in developing its plan to offer tokenized stocks on its exchange https://t.co/ga7jcOShGc