Democratic Rep. Cherfilus-McCormick Resigns Ahead of Ethics Committee Sanctions Hearing

Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms SK Hynix has been THE poster-child for 'Vol Up, Spot Up' FOMO-chasing over the past few months of exuberant semi-shortage panic-buying... And volumes in levered Semi trades has been astronomical... With SK Hynix standing out among the most-levered bets... Driven by massive speculative momentum (margin loans at record highs)... ...which faced huge forced liquidations amid the recent volatility... So it really should not be a surprise that Bloomberg reports that global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix and Samsung. According...

Supreme Court: States Can Ban Trans Athletes From Girls' Sports The Supreme Court on Tuesday ruled that states can block biological transgender males from competing in girls' sports. In a 6-3 ruling, the court gave an iron-clad answer to the question.  Writing for the majority in West Virginia v. B.P.J. (consolidated with Little v. Hecox), Justice Brett Kavanaugh held that neither Title IX nor the Equal Protection Clause requires schools to carve out an exception for transgender athletes who've undergone hormone therapy or never experienced male puberty. States can draw the line at...