The amount of cryptocurrency stolen through hacks and network exploits more than doubled to $1.38 billion in the first six months of the year, according to the blockchain intelligence firm TRM.
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Updates
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US Treasury yields slid after mixed US labor market data left traders holding tight to wagers on Fed interest-rate cuts this year
Treasuries Gain as Mixed US Data Leave Fed Rate-Cut Bets Intact
bloomberg.com
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Bill Ackman is used to long, difficult activist campaigns. Convincing retail investors to put about $25 billion into a US closed-end fund of his own could be another uphill battle.
Bill Ackman Bets on US Closed-End Fund Despite Lean Years for Sector
bloomberg.com
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Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, at least for now.
Nvidia Gets Rare Downgrade as Analyst Warns of Future Upside
bloomberg.com
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NEXT WEEK: As policymakers and regulators grapple with the impacts of climate change on their constituents, communities and economies, what are the next steps to be taken in pursuit of a cleaner future? Don't miss these conversations at the #BBGGreenFestival: 🌎 Governor of Washington State Jay Inslee 🌎 Mayor of Seattle Bruce Harrell 🌎 First White House National Climate Advisor Gina McCarthy 🌎 Former Secretary, US Department of Interior Sally Jewell http://bloom.bg/3znj5qm
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Lyft is raising fares for for its e-bikes in the Citi Bike program, blaming higher-than-expected operating costs.
Lyft to Raise NYC Electric Citi Bike Fares 20%
bloomberg.com
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Bloomberg News reposted this
'Earlier this week, Gandhi, in his maiden speech as leader of the opposition in parliament, accused Modi and his party of spreading violence and hate in India and said the ruling party had failed to create jobs for millions of young people. ' With Dan Strumpf and Preeti Soni. Read more at Bloomberg News. https://lnkd.in/gUzKa7nZ
Modi’s BJP ‘Shaken’ By Stronger Opposition, Says Congress Leader
bloomberg.com
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A crushing win for Labour's Keir Starmer, the worst Conservative result ever and Brexit architect Nigel Farage’s crucial impact. Alex Morgan explains how the UK made electoral history https://trib.al/3jBp9mT
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How 75-year-old French centibillionaire Bernard Arnault built LVMH into a luxury empire.
Bernard Arnault Explains How He Built LVMH Into an Empire of Opulence
bloomberg.com
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Bloomberg News reposted this
NEXT WEEK: Climate change poses both risks and opportunities for business and finance leaders. What role does the climate economy play in creating meaningful and lasting change? Join us for the #BBGGreenFestival in Seattle July 10-13th. bloom.bg/3znj5qm