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New Zealand men’s openers went on a six-hitting blitz on Tuesday to thrash Pakistan by five wickets and go 2-0 up in their Twenty20 series. The home side reached 137-5 with 11 balls to spare in Dunedin to take control of the five-match series after Pakistan posted 135-9 off 15 overs in a rain-reduced second match. New Zealand’s highlight was a ferocious opening stand between Tim Seifert and Finn Allen in which seven of the first eight scoring shots were sixes. Remarkably, Seifert played out a maiden off Shaheen Shah Afridi’s opening over before Allen cleared the small University Oval…

Cryptocurrency Crypto asset manager 21Shares is liquidating two bitcoin and ethereum futures exchange-traded funds, according to a recent press release. The move comes amid a crypto market slump that’s developed due to concerns of a possible economic recession. The ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) will liquidate “on or around March 28.” Investors can trade their holdings in the two funds until the end of the trading day on March 27. The scheduled liquidation is taking place “based on routine review of the firm’s product lineup to ensure…

Bitcoin exchange-traded funds (ETFs) have seen billions in outflows in recent weeks, but Bloomberg’s senior ETF analyst Eric Balchunas says investors — particularly boomers — are proving to be stronger holders than many expected. Speaking on TheStreet Crypto Roundtable with Scott Melker, Balchunas broke down the numbers behind Bitcoin ETF flows, explaining that despite a sharp price drop, most investors are holding firm. “The ETFs collectively took in $40 billion cumulative flows,” he said. “That’s now down to $35 billion, so you had $5 billion of outflows. But if you average out the assets, that’s 5% of the assets leaving.…

ALLOW this to be an emotional tribute to the memory of Syed Abid Ali, cricket hero of one’s childhood when cricket was played as a gentleman’s game. Abid Ali, who passed away at 83 in California last week, played cricket as an all-rounder and had all the attributes of the fine gentleman that he was. Making his Test debut against Australia in Brisbane, Abid Ali revealed his bowling prowess. In his first-ever Test match, he claimed six wickets for 55 runs, a remarkable feat that announced his arrival on the international stage. In the same Australia series, enthusiasts recall, he…

In a crypto landscape marked by political battles and regulatory uncertainty, former Massachusetts Senate candidate John Deaton sees a pivotal shift. “The anti-crypto army lost. We can officially say that,” Deaton recently declared. Reflecting on the evolving regulatory climate, he noted, “We’ve got a president of the United States who has said they’re going to make America the crypto capital of the world.” Deaton pointed to the establishment of an executive order to create a strategic Bitcoin reserve, a policy that goes beyond mere asset holding. “It’s not just HODLing the 200,000 Bitcoin that America has, but actually saying to…

Thomas Fuller / SOPA Images / LightRocket / Getty Images Shares of Science Applications International Corp. surged Monday after the company’s fourth quarter results beat expectations. The government contractor’s revenue, adjusted earnings, and forecasts for the next fiscal year all topped estimates. CEO Toni Townes-Whitley said SAIC also won a $1.8 billion contract with the U.S. Army after the quarter ended. Shares of Science Applications International Corp. (SAIC) jumped Monday after the government technology contractor topped estimates for the fourth quarter. The company said Monday it earned an adjusted $2.57 per share for the final quarter of fiscal 2025, up…

A shopper looks at eggs for sale in a grocery store in the Manhattan borough of New York City, Feb. 25, 2025.Spencer Platt | Getty Images News | Getty ImagesWholesale egg prices have fallen significantly in recent weeks, a dynamic that may soon offer relief for consumers shell-shocked by record-high prices at the grocery store this year.How quickly — and how much — retail prices will fall is unclear, however, experts said.Wholesale prices dropped to $4.83 per dozen Friday, a 44% decline from their peak of $8.58 per dozen on Feb. 28, according to Expana, which tracks agricultural commodity prices.The…

The US stock markets have been volatile recently.Angela Weiss/AFP via Getty Images The US stock market selloff is prompting investors to seek opportunities in global equities. Emerging markets are outperforming as US recession fears drive investors to diversify their portfolios. However, a US economic slowdown would still pose risks to global markets. The recent stock market rout in the US has benefited equities elsewhere as investors rotate investments — but their long-term gains could still hinge on the American economy. Last week, the US stock markets saw a brutal selloff over fears of a recession. The S&P 500 is down…

(Reuters) -Wall Street’s top regulator is considering changing or scrapping regulations proposed under the prior administration that would require investment advisors keeping custody of cryptocurrencies and other assets to meet stricter standards, the agency’s interim chief said on Monday. Mark Uyeda, acting chair of the U.S. Securities and Exchange Commission, also said the agency was developing possible changes to a recent rule that requires mutual and exchange-traded funds to report portfolio holdings on a monthly rather than a quarterly basis. His address to an investment industry conference in San Diego laid out plans for a sharp divergence from the way…

People line up outside the Social Security Administration office in San Francisco.Getty ImagesNew leadership at the Social Security Administration tied to the Trump administration’s so-called Department of Government Efficiency has implemented swift changes.Many experts say Americans will notice a difference when seeking help from the agency following staff cuts, regional office closures and new service policies.The Social Security Administration is currently under the temporary leadership of acting commissioner Lee Dudek, who was assumed that role in February after acting commissioner Michelle King stepped down over DOGE privacy concerns. Dudek had previously publicly stated he had been placed on administrative leave…