1. SEC Approves XRP Futures ETFs
The U.S. Securities and Exchange Commission (SEC) has approved the launch of XRP Futures Exchange-Traded Funds (ETFs), marking a significant development in the cryptocurrency market. This move is expected to provide investors with new avenues to engage with digital assets.
2. Federal Budget Cuts Lead to Closures at Recreational Sites
Campgrounds, boat ramps, and visitor centers at federal lakes and reservoirs across six states are facing closures due to budget cuts implemented by the Trump administration. These measures are part of broader efforts to reduce federal spending.
3. Economic Outlook: Unemployment Rate Projected to Rise
Economic forecasts indicate that the U.S. unemployment rate, currently at 4.1%, is expected to increase to an average of 4.5% in 2026. This projection is attributed to slower job growth and tighter immigration enforcement policies.
4. NBA and NHL Playoffs Intensify
The NBA and NHL playoffs are in full swing, with several Game 5 matchups scheduled. Notably, the Golden State Warriors are set to face the Houston Rockets, while the Minnesota Timberwolves will play against the Los Angeles Lakers.
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