Why it matters: National Economic Council director Brian Deese told CNN's "State of the Union" Sunday the shipment will account for 15% of the need for specialty medical grade formula. More flights are coming to ease the shortage, Deese said.
Bread is one of the more crucial ingredients in maintaining world stability — and it's getting dangerously expensive.
Why it matters: As food prices rise around the world due to the war, extreme weather and inflation, more countries are putting these kinds of export controls in place — but that only exacerbates the issue.
Grayscale Investments is pushing to convert the world's largest publicly traded bitcoin fund into an ETF as a July 6 deadline looms for the Securities and Exchange Commission (SEC) to accept or reject its application.
Why it matters: The Bitcoin Trust, often referred to by its ticker symbol GBTC, recently traded at a record discount to its net asset value. In layman's speak: It has declined more than the price of bitcoin. Grayscale says that converting the fund to an ETF will close that gap.
