Saturday, April 11

Business

Gold – the physical, the future, the financial | Insights
Business

Gold – the physical, the future, the financial | Insights

Once purchased, physical gold needs to be stored, secured and possibly insured which all incur additional costs to the holder. Beyond its traditional roles, gold also plays a critical part in modern technology, being used in electronics such as cell phones and circuit boards, as well as in aerospace and medical devices, due to its excellent conductivity.  What do gold futures reveal about investor sentiment and market structure? There are futures contracts listed on various exchanges globally, such as the CME, that reference a specification on the delivery of physical bullion at a future date. Investment via futures is generally unfunded with only an initial margin and brokerage fees due at trade inception. However, the drawback of gold is that it does not yie...
FCPS Plans New Budget Committee Amid Financial Fallout
Business

FCPS Plans New Budget Committee Amid Financial Fallout

LEXINGTON, Ky. (WKYT) - Fayette County Public Schools leaders are implementing new measures to address ongoing financial concerns, including the creation of a streamlined budget committee to replace the current oversight group.Deputy Superintendent Houston Barber presented the proposal during Monday night’s school board meeting, outlining plans for a more focused approach to financial oversight.New Committee StructureThe proposed committee would significantly reduce the current 18-member Budget and Finance Committee to just nine voting members. According to Barber, this smaller group would make “independent and data-informed recommendations to the superintendent.”“The present Budget and Finance Committee meets probably once monthly, starting in December, up until about March,” Barber expla...
The House will consider a stock trading ban once the government reopens — but the deadline keeps moving
Business

The House will consider a stock trading ban once the government reopens — but the deadline keeps moving

A key lawmaker has announced that the House of Representatives will formally consider a stock trading ban once the government reopens, but it will be done in a way that creates uncertainty about when (or perhaps even if) lawmakers will face an up-or-down vote on the issue. "Speaker Johnson has notified me that as soon as we return and the government is reopened, the bill to ban insider trading is going to be marked up in committee," Rep. Anna Paulina Luna of Florida recently posted. Luna is part of a group of lawmakers pushing a measure to ban all lawmaker trading and called the move "a big win for America." But a committee hearing is a significantly less dramatic step than Luna was threatening months ago. Rep. Anna Paulina Luna, a Florida Republican, is seen during an event at t...
S&P 500, Nasdaq slip as Nvidia slides after SoftBank share sale
Business

S&P 500, Nasdaq slip as Nvidia slides after SoftBank share sale

Paramount Skydance (PSKY) shares rose about 5% in premarket trading on Tuesday as investors digested its third quarter earnings. Quarterly revenue came in just below Wall Street expectations in the results, released in after hours on Monday. But the company struck an upbeat tone for what lies ahead, raising its cost-savings target, projecting stronger streaming profits, and signaling upcoming price hikes for Paramount+. Revenue totaled $6.7 billion for the quarter ended in September, slightly shy of analysts’ $7 billion estimate, in the company’s first earnings release since completing its merger with Skydance in August. Paramount Skydance CEO David Ellison said the company now expects $30 billion in total revenue and $3.5 billion in adjusted OIBDA for 2026, driven by a “healthy accelerat...
Alaskan Mortgages for Alaskan Veterans
Business

Alaskan Mortgages for Alaskan Veterans

November 11, 2025 at 8:00am in Community, Homeownership Did You Know? Veterans make up 6.1% of the adult population in the U.S. but 10.5% of the adult population in Alaska, making Alaska the state with the greatest percentage of Veterans in the nation.    Resources supporting Veterans on the pathway to homeownership or stable housing can be important to transitioning into civilian life, and serve as an acknowledgement of Veterans’ achievements and sacrifices. At Alaska Housing Finance Corp...
Alvernia University launches Banking and Financial Services Academy
Business

Alvernia University launches Banking and Financial Services Academy

New industry-led academy prepares emerging leaders to meet rising demand in commercial banking, lending and financial servicesAlvernia University launches the Banking and Financial Services Academy, a two-year, cohort-based professional program designed with regional banking executives to build the next generation of banking and financial services leaders. Offered through Alvernia’s Academies, the program blends executive mentorship, case-based learning and an applied capstone that advances each participating institution’s growth goals.“Alvernia University’s academy model aligns educational innovation with workforce demands, meeting employers where they are and supporting learners in the ways they learn best,” said Alvernia President Glynis A. Fitzgerald, Ph.D. “With flexible delivery, sta...
FTSE closes at record high record while US stocks stutter as AI angst takes hold
Business

FTSE closes at record high record while US stocks stutter as AI angst takes hold

The FTSE 100 (^FTSE) and European stocks finished higher for a second day on Tuesday, while Wall Street wavered as anxiety about inflated AI valuations overshadowed signals that the US government shutdown is set to end soon. SoftBank Group (SFTBY) said on Tuesday it had sold its entire stake in chipmaker Nvidia (NVDA) to fund its own investments in AI development. The move comes at a time when Wall Street is questioning whether the AI spending spree will pay off amid lofty valuations of stocks in the sector. Shares of Nvidia dropped about 2% in early trading. Elsewhere in tech, CoreWeave (CRWV) fell around 11% after the Nvidia (NVDA)-backed AI infrastructure provider flagged a delay by a data centre partner. The company trimmed its full-year revenue forecast after market close on Mo...
State Law Roundup: Arbitration Changes and Junk Fee Rules in California and Massachusetts — Moving the Metal: The Auto Finance Podcast | Troutman Pepper Locke
Business

State Law Roundup: Arbitration Changes and Junk Fee Rules in California and Massachusetts — Moving the Metal: The Auto Finance Podcast | Troutman Pepper Locke

In this episode of Moving the Metal: The Auto Finance Podcast, Brooke Conkle and Chris Capurso break down recent state-law developments affecting auto dealers and finance companies in California and Massachusetts. The discussion covers California's recent arbitration laws, including restrictions on venue, choice of law, and the scope of arbitration agreements, as well as open questions about federal preemption. Brooke and Chris also review Massachusetts' newly enacted junk fee regulations, highlighting requirements for price and fee See more +In this episode of Moving the Metal: The Auto Finance Podcast, Brooke Conkle and Chris Capurso break down recent state-law developments affecting auto dealers and finance companies in California and Massachusetts. The discussion covers California's r...