Cryptos Soar After SEC Issues Tokenization Order: Here's What's In It

How Wall Street Launders Dogsh*t Into Retirement Funds Submitted by QTR's Fringe Finance One of the more embarrassing habits of modern finance is its insistence on pretending the stock market has some integrity left. Capital, we used to think, flowed to the most productive businesses. Prices reflected fundamentals. Risk was priced. The market, in the long run, separated signal from noise and rewarded cash generation over fantasy. That is the civics-class version of markets, and at this point it bears no resemblance to the one we actually trade in. The market’s core failure...

Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts." But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23. SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain...

At least five people have been killed and an unknown number of others wounded Monday in various Israeli strikes on southern Lebanon. At least one of the slain was a woman, targeted outside the women’s Islamic center in Zefta. Zefta appeared to be the main site of casualties so far on Monday, with at least […]