The U.S. Supreme Court reversed the decision of two lower courts that had declared Puerto Ricans eligible for federal Supplemental Security Income benefits. The Supreme Court released its 8-1 decision in the United States v. Vaello Madero case on Thursday. Justice Sonia Sotomayor wrote the a dissent. The SSI program provides financial assistance to disabled
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Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique Universal Bridge mechanism that facilitates liquidity transfers to and
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Municipals were relatively stable amid mixed trading Wednesday as U.S. Treasuries rallied out long and stocks were mixed. The Investment Company Institute reported $7.2 billion of outflows from municipal bond mutual funds, the largest figure since the outlier months of March 2020. In the week ending April 13, investors pulled $7.227 billion from the funds,
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Binance, the world’s largest cryptocurrency exchange, released a new Binance Emoji on Twitter that users noticed bore a striking resemblance to a swastika.  On Wednesday morning, Binance CEO, Changpeng Zhao (CZ) retweeted Binance’s original post, adding “#binance” to show off the new emoji. The original posts, which have since been deleted, were quick to do
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The Puerto Rico House of Representatives voted to end the commonwealth’s contract with LUMA Energy — under which it handles the electrical transmission and distribution grid — in the aftermath of a several-day long blackout. The House voted 29-16 with one abstention for the measure Tuesday. Members of the pro-statehood New Progressive Party provided the
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It’s 11:30 a.m. … do you know where your ESG strategy is? This is only half in jest. Professionals from all sides of the market have put a lot of thought into formulating and interpreting environmental, social and governance (ESG) strategies, but not enough attention has been paid to the development of good definitions in
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