In a fast-paced world where share prices are actively rising and falling, investors are often drawn to the tried-and-true method of passive investing options like ETFs. Exchange-traded funds have been at the forefront of indexed strategies and have taken in hundreds of billions of investing dollars this year alone. But, what if an investor is looking for something that’s a little more, dare we say, active.

How Do Active ETFs Work?

Sure, Ethereum ETFs were never going to blow past Bitcoin fund launches, but they haven’t lived up to analysts’ expectations ether. The funds that track the second-largest cryptocurrency were off to the races in late July, vacuuming up $1 billion in assets on opening day. It was a promising curtain-opener that saw a handful break into the top 50 highest-traded debuts on record. Fast forward four weeks, and the funds are riding at least a nine-day losing streak, and have dropped $481 million in assets as a category since they began trading. After a promising start, ether ETFs are simply stuck in the ether.

Ether ETFs Struggle to Impress in Opening Act

A third-generation heir of Alfred Nobel — the inventor of dynamite and founder of the eponymous prize — made a cracking entrance into the US wealth management industry last week. Peter Nobel is among a group of investors partnering with executives at the wealth manager Cardea to create a rebranded firm named Fourcore Capital.

Nobel Heir Invests in US Wealth Manager

South Carolina State

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Florida State

Akeena

Recent data from the U.S. Census Bureau reveals a significant trend: Florida is experiencing a substantial outflow of residents. According to the latest figures, over 275,000 individuals left Florida for other states in 2022.

Florida Sees Surge in Departures as Hundreds of Thousands Move Out

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Total Apex Sports & Entertainment

Some zodiac signs have many misfortunes while others excel in all sectors. Venus is in Libra on August 29 and will transform the three luckiest zodiac signs’ lives. Their friendships and relationships will grow on Thursday. Libra’s transition will inspire them to have a good attitude in each move they make. Could you be among these lucky signs?

3 Luckiest Zodiac Signs On August 29, 2024

New Jersey State

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San Antonio, TX

Morristown Minute

NEW JERSEY - A San Antonio, Texas woman, Janet Bernal, also known by several aliases including “Rocky G” and “RockyG-Kruella,” has been arrested and charged with wire fraud for allegedly selling over $18 million worth of counterfeit coupons to be used at retail stores across the United States.

Coupon Queen's $18M Fraud: Woman Arrested in Nationwide Scheme

Colorado State

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

If you can’t pay the fine, don’t (allegedly) do the crime. Regulators are intensifying their focus on two major financial institutions, and potential fines stretching into the billions of dollars may become some of the heftiest levied in the wealth management and banking sector this year. The Securities and Exchange Commission sent a Wells notice last week to a top executive at the $1.5 trillion Franklin Templeton network over discrepancies in trade allocations. In a separate case, the Justice Department, the Treasury, and other regulators are investigating TD Bank over alleged widespread money laundering and other infractions at several of its US branches.

Franklin Templeton, TD Bank in Regulators’ Crosshairs

Wyoming State

Cheyenne, WY

WyoFile

WHITE MOUNTAIN—“That’s a lot of horses,” lamented Cheyenne resident Robyn Smith from a high-desert ridgeline. It wasn’t her first exasperated exclamation. “Argh, oh crap,” was her immediate reaction to learning a federal judge had given the Bureau of Land Management the OK to proceed with plans to fully remove two wild horse herds from the landscape in southwest Wyoming.

BLM wins two lawsuits, clearing way for elimination of two Wyoming wild horse herds

Chicago, IL

Some people have had a flattering experience of being well-over 21 and being carded at a local bar or restaurant. But one woman was more confused than thrilled when it happened at her local Target.

'I have to ask': Target shopper gets stopped by security guard at entrance. She is puzzled as to why

Louisiana State

The Lens

During my childhood, when my family visited relatives “across the river,” in Bayou Plaquemine, Bayou Goula, Caddo, the Pointe, and White Castle, my siblings and I would sometimes race up and down the levees, some distance away from the cows grazing there. At the summit of the hill, you could see the Mississippi River waters through stands of trees and brush. It never occurred to me that our “playground” was the living testimony of Black men, prisoners of the Louisiana State Penitentiary at Angola whom the state of Louisiana had re-enslaved in the convict leasing system.

No longer ‘half slave, half free’

Nothing can knock the crown off Lego’s cylindrical head. Despite slowing demand in the toy industry and extra costs tied to Lego’s mission to go fossil-free, the Danish tiny-brick maker reported generating $4.65 billion in revenue for the first half of 2024, up 13% from a year earlier.

Lego Thrives Amid Higher Business Cost and a Slowing Toy Market

Klarna isn’t paying a high price — now or later — for high interest rates. The preeminent buy now, pay later (BNPL) firm, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024 on Tuesday. The company swung back to a profit, demonstrating that its success isn’t entirely reliant on ultra-low interest rates in the process.

Klarna Proves it Can Win Even With High Interest Rates

Morristown, NJ

NEWARK, N.J. – Sixteen individuals have been charged in connection with a widespread "grandparent scam" that defrauded elderly Americans out of millions of dollars. The charges were announced by U.S. Attorney Philip R. Sellinger.

16 Charged in Nationwide 'Grandparent Scam'; Millions Stolen

Palm Springs Tribune

Taylor Swift broke Wembley stadium records playing the venue eight times in a single tour at her final London show in of the Eras Tour and debuted her track So Long London live from her latest album, Tortured Poets Department . The timing of her last European performance is politically intriguing, as it coincides with the final day of the Democratic National Convention in Chicago, where she might have the opportunity to endorse Kamala Harris for President.

Taylor Swift’s Potential DNC Appearance and Endorsement of Kamala Harris: Will It Happen?

Sign up to uncover the latest in emerging technology. Apple wants to put a ring on it. The company filed a patent application for a user-tracking “ring device.” Apple’s patent details a ring that can be used to monitor tons of different biometric signals, including health-related data, movements, voice input, gaze input, and more.

Apple Ring Patent Highlights Potential Plan to Expand Product Lineup

Natrona County, WY

Houma, LA

A worker died Aug. 5 when the crane he was operating toppled at a wind farm construction site in remote Natrona County, state and local officials say. The victim, John William Hoffpauir, Jr., 55, of Houma, Louisiana, was working as a crane operator at the Cedar Springs wind energy construction site north of Casper and Glenrock under the control of Blattner Energy at the time of the accident. Hoffpauir was a Blattner Energy employee, a spokesperson for the company told WyoFile.

Worker killed in accident on wind energy construction site in Natrona County

Declutterbuzz

The top reason people put off decluttering their spaces is the same reason people put off other tasks they do not wish to do, in a word - Procrastination. Stop procrastinating! I know, easier said than done.

Decluttering | 13 Tips to Stop Procrastinating Today!

Lawrence Township, NJ

NEW JERSEY - In a significant ruling, the New Jersey Supreme Court has permanently removed Lewis J. Korngut from his position as a Municipal Court Judge. The decision, finalized on July 24, 2024, follows an extensive investigation by the Advisory Committee on Judicial Conduct (ACJC) into numerous allegations of unethical behavior.

NJ Judge Permanently Removed for Unethical Conduct

NewsBreak

BlackRock Tops Grayscale for Digital Asset Dominance

The universe’s largest asset manager has a new crown. BlackRock has surpassed Grayscale as the leading manager of on-chain capital as its lineup of exchange-traded funds...

BlackRock Tops Grayscale for Digital Asset Dominance

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