Digital currency-backed exchange-traded funds will likely make their way into “model portfolios” toward the end of 2024, according to BlackRock’s chief investment officer for exchange-traded funds (ETFs). In a Bloomberg interview on July 29, BlackRock’s investment chief for ETF and Index Investments, Samara Cohen, was asked about...

Crypto ETFs to hit ‘model portfolios’ toward year end — BlackRock

24/7 Wall St.

24/7 Insights The Dividend Aristocrats offer some of the very passive income solutions. Companies that pay dependable dividends rarely go out of style. Score this free report today: Access 2 legendary, high-yield dividend stocks Wall Street loves. Investors love dividend stocks because they provide dependable income, passive income streams, and an excellent opportunity for solid […]
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5 High-Yield Dividend Aristocrats Offer Investors a Passive Income Grand Slam

Direct-to-investor marketing platform, InvestorHub has secured $4 million in an extension funding round led by EVP, with follow-on investment from Archangel Ventures and Flying Fox Ventures, that will see its Series A round close with funding of up to $9 million. This marks the second capital raise completed in less...

InvestorHub’s $9m Extended Series A Will Help Public Companies Get Value Out of Being Listed

Nearly 50 years ago, Vanguard disrupted the investing world by launching the first index fund for individual investors. Here comes the sequel. Investors have tried everything to avoid paying those pesky capital gains tax bills in their mutual funds. Now Vanguard’s got an ETF share class for that — and by most indications, it could upend the $28 trillion fund industry.

The Vanguard Patent Shaking Up the Fund Industry

Asset management giant Franklin Templeton is partnering with SBI Holdings to establish a new cryptocurrency exchange-traded fund (ETF) management company in another major development for crypto ETFs. The two firms officially signed a Memorandum of Understanding (MoU) for the joint venture on July 26, according to an announcement shared with...

Japan crypto ETFs boosted by Franklin Templeton and SBI Holdings partnership

Fernandina Beach, FL

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Akeena

The Surf Restaurant Bar Grill & Motel, a longtime fixture in Fernandina Beach since 1957, recently faced a temporary shutdown following a state inspection on July 8, 2024. Known for its casual beachside vibe and comfort food menu featuring favorites like burgers, wings, and pizza, The Surf has been a go-to spot for both locals and tourists seeking a relaxed dining experience.

Florida restaurant closes due to 235 rodent droppings found in multiple locations during inspection

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

SDK.finance, a white-label Lithuanian fintech platform for digital payments, has partnered with Salt Edge, a leading open banking solution provider with over ten years of experience. This collaboration will help fintech companies and financial institutions of all sizes develop open banking-enabled financial services and applications or update their existing ones.

SDK.finance Partners With Salt Edge to Boost the Delivery of Open Banking Solutions

Newark, NJ

Paterson, NJ

Morristown Minute

NEWARK, N.J. – Jasmine McGregor, 32, and Jhenelle Lewis, 35, both of Paterson, New Jersey, have pleaded guilty to conspiring with a physician to distribute oxycodone, a powerful opioid, without legitimate medical justification. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Paterson Residents Conspired with Physician to Illegally Distribute Opioids

Camden, NJ

Cornelius, NC

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Nexi, the European PayTech, signs an historic agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland. As a result of this partnership, 176 credit unions of all sizes will use Nexi’s Instant...

Payac and Nexi to Deliver Instant Payments to Credit Unions

Could this be the future of small business financing?. After leading roles at Intuit and Square, Luke Voiles is shaking up the business financing space with exciting embedded capital platform Pipe. In this insightful interview, CEO Voiles speaks to Ali Paterson about Pipe’s embedded financial services product, aimed at bypassing...

The Future of Small Business Financing | Luke Voiles – Pipe | FF Virtual Arena #326

The Motley Fool

The Vanguard S&P 500 ETF is a great investment alternative for both new and experienced investors.

What's the Best Way to Invest in Stocks Without Any Experience? Try This Index Fund ETF.

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Shareholders of Xerox Holdings Corp (Symbol: XRX) looking to boost their income beyond the stock's 9% annualized dividend yield can sell the January 2025 covered call at the $13 strike and collect the premium based on the 70 cents bid, which annualizes to an additional 13.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 22.4% annualized rate in the scenario where the stock is not called away. Any upside above $13 would be lost if the stock rises there and is called away, but XRX shares would have to advance 16.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 23.2% return from this trading level, in addition to any dividends collected before the stock was called.

YieldBoost Xerox Holdings From 9% To 22.4% Using Options

Airwallex, a leading global payments and financial platform for modern businesses, has selected GoCardless to provide direct debit to its customers across several key markets. Through GoCardless Embed, a white-label integration, Airwallex now connects to GoCardless’ global bank payment network, helping Airwallex customers to expand into new verticals and use cases where direct debit is preferred.

Airwallex Partners With GoCardless to Strengthen Direct Debit Offering 

Markets Insider

Serve Robotics' shares soared 241% after Nvidia disclosed a stake in the company. Nvidia's $3.7 million investment in Serve is a convertible debt note that was converted in April. Serve Robotics focuses on self-driving delivery vehicles for last-mile deliveries. Shares of Serve Robotics soared as much as 241% on Friday...

Serve Robotics stock soars 241% after Nvidia takes $4 million stake in the company

TheStreet

Fund manager Nael Fakhry explains Osterweis Growth & Income Fund's investment philosophy and why he's a fan of three stocks.

$177 million fund manager picks three blue chip stocks

NewsBreak

S64 Successful Close of Series A Funding Round with Investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank

The global alternatives fintech and solutions partner to the wealth management industry, S64 successful close of its Series A funding round which includes investments from HPS...

S64 Successful Close of Series A Funding Round with Investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank

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