Magnum Listing Stalled as SEC Halts IPO Reviews Unilever has announced that the spin-off of its Magnum Ice Cream subsidiary will be delayed due to the shutdown of the U.S. federal government, which has prevented the Securities and Exchange Commission (SEC) from reviewing new stock listings. The company had planned to put the company on…
Shutdown Lasts for the Third Longest Time Without a Breakthrough The federal government has now been shut down for 20 consecutive days, marking the third-longest closure in U.S. history after the Senate failed for the 11th time to pass a funding resolution. Federal workers remain unpaid, public services are deteriorating, and no compromise appears imminent.…
Bitcoin Reaches New All-Time High as Macro Forces Fuel Demand Bitcoin has reached a remarkable milestone, surpassing £93,000 for the very first time, solidifying its status as the world’s largest cryptocurrency. The value has seen a twofold increase in the last year, driven in part by Donald Trump’s reentry into the White House and changing…
Government Shutdown Deadline Looms As Political Gridlock Intensifies As lawmakers try to reach important budget agreements, the United States is in another high-stakes fiscal standoff. If there isn’t a last-minute deal, the federal government will officially shut down at twelve-oh-one Wednesday morning, which will cause a lot of problems with how things work. There is…
