Franklin Templeton gets SEC clearance to bring tokenized assets into traditional funds
Franklin Templeton is preparing to use tokenized assets inside conventional investment funds after receiving SEC staff relief allowing its funds to invest in shares of its blockchain based money market fund.
The SEC Division of Investment Management said in an August 12 no action letter that it would not recommend enforcement action against Franklin funds using Franklin Templeton Investor Services as custodian for investments in the Franklin OnChain U.S.
Read MoreTrump Threatens Iran with ‘Economic D-Day.’ Are Energy Stocks Still Worth Chasing?
Crude oil has spent 2026 trading less like a commodity and more like a mood ring for Middle East tensions. Every fresh headline out of Washington or Tehran seems to move the barrel price a dollar or two, and investors holding energy stocks have learned to treat their portfolios like a news feed.
That’s the backdrop for President Trump’s latest Truth Social post,
Read MoreA Widow Lost One Social Security Check. Then She Learned the Reverse Mortgage Was Only in Her Husband’s Name.
A widow in her early 70s has barely cleared the condolence cards from the kitchen counter when two notices arrive. One is the property tax bill. The other is from the reverse mortgage servicer, asking about her occupancy and plans for the home. She assumed she could remain in the house and that Social Security would continue supporting the household much as it had before.
Read MoreUS economy 'worse' off than when Biden departed, Peter Schiff says, warning of 2028 Dem socialist 'threat'
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Peter Schiff, Euro Pacific Asset Management chief economist & global strategist, told Fox News Digital during an Aug. 19 interview that the American economy is currently doing “worse” than it was when President Joe Biden departed office last year.
The U.S. economy is currently “worse”
Read MoreHalf of Americans Fear for Financial Survival if Social Security Cut
Half of Americans who receive or expect to receive Social Security say they could not survive financially if a quarter of a monthly payment disappeared, new polling shows—a reduction close to the losses retirees could face if Congress fails to address the program’s looming funding shortfall.
The Nationwide Retirement Institute’s 2026 Social Security Survey found 50 percent disagreed with the statement that they could “survive financially”
» Read more about: Half of Americans Fear for Financial Survival if Social Security Cut »
Read MoreThe Burst
Got $6,000, Here Is 1 Cheap Stock To Buy Now
It’s been something of a mystery how a company generating $30 billion in revenue and spitting out $5 billion in operating income is valued at just 2x sales yet that’s precisely the case with PayPal.
Across a host of metrics, PayPal seems like a cheap stock. For example, the price-to-earnings ratio is just 14x,
» Read more about: Got $6,000, Here Is 1 Cheap Stock To Buy Now »
Read MoreThe Ivy
Will New Buffett Buy 10x?
Last year, Warren Buffett surprised practically everyone when he acquired more than 30% of embattled internet radio giant Sirius XM (NASDAQ:SIRI).
At first, Buffett appeared to be taking advantage of an arbitrage opportunity, but subsequent purchases have suggested that the Oracle of Omaha is more interested in building a long-term position in Sirius XM.
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Read MoreThe Spotlight
Intel Horror Reveals Danger for Market
Predicted to reach a staggering trillion-dollar market size this year, the semiconductor industry has enjoyed a decade of continuous growth. Although high demand fuels the industry, supply constraints have challenged company financials.
Intel’s latest earnings report has given pause not only to its own shareholders but also to those of Nvidia and AMD.