Julie Morgan
๐ค SpeakerAppearances Over Time
Podcast Appearances
Department of Homeland Security is injecting fresh uncertainty into airport operations and the broader travel ecosystem.
In a statement early Sunday, DHS outlined emergency steps aimed at conserving cash and manpower during the funding lapse.
DHS initially indicated that the Transportation Security Administration would suspend expedited airport services, including the widely used TSA PreCheck program.
Hours later, the department revised its guidance, removing PreCheck from the list of affected services.
TSA subsequently said the program remains operational but could face adjustments if staffing shortages intensify.
While TSA PreCheck remains active for now, DHS confirmed that global entry has been suspended.
The Federal Emergency Management Agency will limit responses to active disasters only, and the department has halted police escorts for members of Congress at airports.
We're looking at the implications this has for investors from airlines to travel-related equities.
That info is in this story.
A link is in the show notes section.
Investors have reportedly taken out nearly $3.8 billion from U.S.-listed spot Bitcoin ETFs over the past five weeks, marking the longest streak of outflows since February of 2025.
CoinDesk reported citing data from SoSoValue that about $316 million exited the funds last week alone.
BlackRock's iShares Bitcoin Trust has led the declines,
shedding roughly $2.13 billion during the five-week stretch.
The sustained withdrawal suggests institutional investors remain cautious toward Bitcoin following the sharp sell-off in early October.
While the current outflow streak matches last February's in duration, it is smaller in scale, $3.8 billion compared with about $5 billion previously.
Pre-market Bitcoin is down 1.9% at $66,000.
Now for a look at what's trending on Seeking Alpha.
OpenAI's Sam Altman says the idea of data centers in space is ridiculous.
Novo's stock tumbles as its next-gen obesity shot underperforms Eli Lilly's version.