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Clarity Act Would Ban Presidents From Issuing Crypto
An updated Senate crypto bill would bar federal officials — including the president — from issuing or sponsoring digital assets, with the DOJ empowered to fine violators up to $250,000 per day.
Samsung Unveils $2,100 Galaxy Z Fold 8 Ultra
Samsung unveiled its Galaxy Z Fold 8 Ultra at $2,100+, featuring a Flex Titanium display, 5,000mAh battery, and Android 17, alongside the Z Fold 8 and Z Flip 8 — a revamp timed ahead of Apple's expect
Warsh's Three Catchphrases Decoded by Five Fed Watchers
Fed Chair Kevin Warsh has repeated 'family fight' 13 times, 'first principles' 11 times, and 'inflation is a choice' 6 times across five public appearances, and CNBC asked five Fed watchers what those
Senate Crypto Bill Bans Presidents From Issuing Assets
Senate Republicans released new crypto bill text containing a Trump-blessed ethics provision that would bar federal officials—including presidents—from issuing digital assets, drawing progressive atta
Tesla set to report second-quarter results after the bell
Tesla prepares to release second-quarter results Wednesday after the bell against a roughly 16% year-to-date stock slide, with investors watching for updates on its robotaxi push, Optimus humanoid rob
House to vote on congressional stock trading curb
The House is set to vote Wednesday on Republican legislation to bar members of Congress from buying individual stocks while in office, though critics call it a watered-down version and Democrats oppos
Under-the-radar beverage name captures trader's attention
Ball Corp, the under-the-radar packaging supplier behind cans for Coke, Pepsi, Budweiser, Heineken, and Red Bull, is pitched as an options-selling opportunity ahead of August earnings, with traders ta
Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon
Bitcoin hovered near five-week highs while US stocks shrugged off Trump's threat to bomb Iranian power plants, with oil spiking to its highest since June and S&P 500 short interest near multi-year hig
Fed's PCE Gauge Overhaul Lowers Core Inflation by 0.3 Points
The Bureau of Economic Analysis is overhauling how it calculates the Federal Reserve's preferred inflation gauge, with methodology changes taking effect September 30 that are expected to reduce report
Stocks Diverge Ahead of Tesla, Alphabet Earnings
Wall Street's three major indexes moved in different directions as investors turned cautious ahead of upcoming quarterly earnings from Tesla and Alphabet.
Futures Slide as Oil Jumps; Alphabet, Tesla Earnings Next
Stock futures for the Dow, S&P 500, and Nasdaq slid as oil prices surged ahead of upcoming earnings from Alphabet and Tesla.
KOSPI 114% Surge Lures Korean Investors Away From Crypto
South Korea's KOSPI surged 114.44% over the 12 months to July 22 while won-based crypto exchange activity contracted, with Tiger Research attributing retail investors' flight to crypto fatigue and the
Bitcoin Yield-Adjusted Top Is Still 2020-21
Bitcoin's bounce from $58,000 to $66,000 looks bullish on the surface, but CoinDesk's Daybook newsletter argues yield-adjusted valuations show the true macro top was already set in 2020-21 — and resur
Kalshi Battles Regulators Amid Insider Trading Scrutiny
Prediction markets face mounting legal headwinds as Kalshi fights state regulators over sports contracts while recent cases highlight insider trading concerns, including a White House staffer allegedl
Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurface
Bitcoin retreated from a one-month high to below $66,000 after WTI crude topped $85 for the first time since June amid the escalating Iran conflict, reigniting inflation concerns and driving a risk-of
Asia Stocks Pare Gains as Brent Hits Six-Week High on Houthi Threats
Asian equities reversed early gains on Wednesday as Middle East tensions pushed Brent crude to a six-week high, weighing on risk appetite ahead of quarterly earnings from Alphabet and Tesla.
Bitcoin ETFs Extend Inflow Streak to 6 Days, $203M Added
US spot Bitcoin ETFs extended their inflow streak to six consecutive sessions with a $203.1 million addition on Tuesday, as Bitcoin briefly touched $66,700 and the broader crypto market mood improved.
Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'
Augustus raised $180 million in a Series B at a $1 billion valuation to build a federally chartered clearing bank that wires stablecoin rails into traditional cross-border payment infrastructure.
White House agrees to historic ethics deal on CLARITY Act
The White House has agreed to what it calls the most comprehensive ethics provisions ever in exchange for Democratic support on the CLARITY Act, a crypto market structure bill whose Senate vote and te
BofA Reverses Rate Outlook, Now Expects Fed Hikes
Bank of America CEO Brian Moynihan warned that sticky inflation driven by housing, food, fuel, and pipeline costs will keep the Fed cornered, prompting BofA to reverse its rate-cut outlook and now exp
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