Short Seller Jim Chanos Says 'China Should NOT Be The Standard' For Financial Reporting As Trump Pushes For Getting Rid Of Quarterly System
Yahoo Finance· 2025-09-17 21:30
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Veteran short seller Jim Chanos has sharply criticized the notion of adopting Chinese financial reporting standards in the U.S., saying that the Asian country should “NOT” be a benchmark for financial reporting in the U.S. Chanos Criticizes Trump’s Idea Of Eliminating Quarterly Reports Chanos’s remarks came in direct response to President Donald Trump’s renewed push to eliminate quarterly corporate earning ...
First U.S. XRP ETF Launches Sept. 18, CME to List Options on XRP Futures Oct. 13
Yahoo Finance· 2025-09-17 21:30
XRP is drawing fresh attention from traditional finance as new products roll out in both securities and derivatives markets, broadening access points for exposure to the token. At the time of writing, according to CoinDesk Data, XRP was trading around $3.0263, down nearly 1% over the past 24 hours. On Sept. 18, REX Shares and Osprey Funds will debut the first U.S.-listed exchange-traded funds (ETFs) tied to XRP and Dogecoin (DOGE) on the Cboe BZX Exchange, under the tickers XRPR and DOJE. These products ...
Powell corralled the cats, says chief economist
Youtube· 2025-09-17 21:30
Joining us now, former National Economic Council Director and IBM Vice Chair Gary Con to break this all apart and then try and put it back together again. We just got this breaking news. JP Morgan has just lowered its prime lending rate to 7.25%. That's usually what happens when there is a Fed rate cut, but rates are coming down. That's what President Trump has wanted. >> Well, the front end of the curve is coming down. >> You just pointed out that the Fed funds rate is the overnight rate for banks. And in ...
The Campbell's Company Declares Quarterly Dividend
Businesswire· 2025-09-17 21:30
CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of The Campbell's Company (NASDAQ:CPB) (Campbell's) today declared a regular quarterly dividend on the company's capital stock of $0.39 per share. The quarterly dividend is payable Nov. 3, 2025, to shareholders of record at the close of business as of Oct. 2, 2025. About The Campbell's Company For more than 155 years, The Campbell's Company (NASDAQ:CPB) (Campbell's) has been connecting people through food they love. Headquartered in Camden,. ...
Ballard to launch FCmove®-SC fuel cell at Busworld: improved performance and lifecycle cost on the road to diesel parity
Prnewswire· 2025-09-17 21:30
Accessibility StatementSkip Navigation New fuel cell engineered to power city transit buses – lower cost, simplified vehicle integration, smarter fleet services, and enhanced safety VANCOUVER, BC, Sept. 17, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will unveil its new-generation transit fuel cell module, the FCmove-SC, at Busworld in Brussels on 4–9 October 2025. Designed for city transit duty, the FCmove-SC builds on Ballard's market-leading FCmove family to deliver greater susta ...
U.S. Bank Decreases Prime Lending Rate to 7.25 Percent
Businesswire· 2025-09-17 21:30
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced it has decreased its prime lending rate to 7.25 percent from 7.50 percent, effective tomorrow, September 18, 2025, at all U.S. Bank locations. About U.S. Bancorp: U.S. Bancorp, with approximately 70,000 employees and $686 billion in assets as of June 30, 2025, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a di. ...
Crypto Corner: Technicals, Bitcoin Reserve, PYPL New Crypto Payment Tool
Youtube· 2025-09-17 21:30
Core Insights - The cryptocurrency market is experiencing a period of consolidation, with Bitcoin showing bullish trends but recent stagnation, while Ethereum has outperformed Bitcoin in the short term [1][2][3] - PayPal is launching a new peer-to-peer crypto payment feature, which is seen as a step towards wider adoption of cryptocurrency, although tax implications remain a barrier for everyday use [4][5][6][7][8][9] Bitcoin Analysis - Bitcoin reached a new all-time high approximately two months ago but has since stalled, despite institutional adoption and retail accumulation [1][2] - The potential Bitcoin Act legislation could lead to the U.S. government purchasing 1 million Bitcoin over five years, representing about 5% of the total supply, which could impact market dynamics [2][3] Ethereum Analysis - Ethereum has shown relative strength compared to Bitcoin, with a recent price challenge near its all-time high of approximately $4,900 [1][2] - The stablecoin legislation and the high utilization of Ethereum for stablecoin transactions are contributing to its price performance [1][2][3] Altcoin Market - The current market may be experiencing an "altcoin season," where altcoins like Ethereum and Solana outperform Bitcoin [1][2] - Solana is noted for its speed and lower costs compared to Ethereum, prompting Ethereum developers to enhance their network's competitiveness [1][2] PayPal Developments - PayPal's new feature allows for the transfer of crypto assets between users without triggering taxable events, which could facilitate wider crypto adoption [4][5][6][7] - Legislative efforts, such as a proposed de minimis exemption for crypto transactions under $300, could further support the use of cryptocurrency in daily transactions [8][9]
Upwork Announces 2025 Investor Day
Globenewswire· 2025-09-17 21:30
PALO ALTO, Calif., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s human and AI-powered work marketplace, today announced that it will host an Investor Day on Tuesday, November 18, 2025, beginning at 9:00 a.m. ET, in New York City. The event will feature presentations and a Q&A session led by members of the Company’s management team, including President and CEO Hayden Brown and CFO Erica Gessert. Presentations will be delivered in person and via live webcast accessible through Upw ...
Xcite Resources Announces Concurrent Brokered Life Offering & Flow-Through Shares Private Placement Alongside Amending Agreements Respecting Athabasca Uranium Portfolio
Globenewswire· 2025-09-17 21:30
(Not for distribution to US news wire services or dissemination in the United States) VANCOUVER, British Columbia, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Xcite Resources Inc. (CSE:XRI) (“XRI”, “Xcite” or the “Company”) is pleased to announce that it will be conducting a commercially reasonable efforts Private Placement (the “Financing”) to raise gross proceeds of up to $4,000,000. The Financing will consist of: (i) a Listed Issuer Financing Exemption Offering (the “LIFE Offering”) of up to 9,166,667 units of th ...
First Horizon Announces Sophia Kearney-Lederman Receives NEXT Award by American Banker
Prnewswire· 2025-09-17 21:28
Accessibility StatementSkip Navigation FHN Financial senior economist honored as one of the industry's rising female leaders MEMPHIS, Tenn., Sept. 17, 2025 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Sophia Kearney-Lederman, a senior economist for FHN Financial, has been recognized by American Banker as a 2025 Most Powerful Women in Banking NEXT award recipient. This list celebrates the most promising and accomplished women under 40 in the banking and fina ...