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About this Churn in the US Job Market
Churn in the labor market – how many workers quit voluntarily to work somewhere else, how many were discharged for whatever reason, how many retired or died, and how many were hired to fill these left-behind job openings – had gone on a wild ride in 2021 and 2022. That kind of epic labor market churn was expensive and inefficient for companies, but it ended up massively reshuffling where people worked, possibly producing better matches between skillsets and aspirations, which would be a positive outcome. And this churn has now settled down. This labor market “turnover,” as it’s called officially, is tracked ... (full story)
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From cointelegraph.com|Jul 29, 2025The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first conventional bank in the country to offer retail crypto ...
From zerohedge.com|Jul 29, 2025Corporations are buying Ether at a faster pace than Bitcoin, signaling a shift in institutional interest toward the world’s second-largest cryptocurrency as it prepares to ...
From financefeeds.com|Jul 29, 2025The Indian government has formally confirmed that no changes will be made to its existing crypto taxation regime, disappointing industry stakeholders who had lobbied for relief in ...
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From @SECGov|Jul 29, 2025The SEC voted to approve in-kind creations and redemptions for crypto ETPs https://t.co/pxrdRGEhS3
SEC Permits In-Kind Creations and Redemptions for Crypto ETPs The Securities and Exchange Commission today voted to approve orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares. The orders approved today reflect a departure from recently approved spot bitcoin and ether ETPs, which were limited to creations and redemptions on an in-cash basis. With today’s approval orders, bitcoin and ether ETPs, consistent with other commodity-based ETPs approved by the Commission, will be permitted to create and redeem shares on an in-kind basis. “It’s a new day at the SEC, and a key priority of my chairmanship is developing a fit-for-purpose regulatory framework for crypto asset markets,” said SEC Chairman Paul S. Atkins. “I am pleased the Commission approved these orders permitting in-kind creations and redemptions for a host of crypto asset ETPs. Investors will benefit from these approvals, as they will make these products less costly and more efficient." “Today’s approvals continue to build a rational regulatory framework for crypto, leading to a deeper and more dynamic market, which will benefit all American investors. This decision aligns with the standard practices for similar ETPs.”
From brownstoneresearch.com|Jul 29, 2025Yesterday, the U.S. Department of the Treasury quietly released a statement that most investors ignored. Buried in the fine print was a number that tells us everything we need to ...
From cnbc.com|Jul 29, 2025Considering nothing is likely to happen when it comes to major policy decisions, this week’s Federal Reserve meeting is packed with intrigue. When the Federal Open Market ...
