Higher Electricity Rates In Blue States Linked To Renewable Energy Policies

Marsha Blackburn To Secret Service: 'Root Out The Rot' Authored by Susan Crabtree via RealClearPolitics, Sen. Marsha Blackburn sent a sharply worded letter Wednesday to Secret Service Director Sean Curran demanding an immediate, top-to-bottom review of the Secret Service, a move that comes nearly two weeks after an armed gunman sprinted past a checkpoint leading to the White House Correspondents’ Association dinner in a third assassination attempt on President Trump. As part of the review, Blackburn called for a “full, thorough audit of every single employee on your payroll.” “It is blatantly clear...

Goldman Sachs To Use Options Strategy For Planned Bitcoin Income ETF Authored by Nate Kostar via CoinTelegraph.com, Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitcoin exchange-traded products (ETPs) and related options, rather than holding Bitcoin directly. The fund would generate yield by selling...

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...