Mortgage rates jump to their highest level in a year and show few signs of falling
The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pushing mortgage rates higher.…
Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to yearonyear expectations.…
Ondo Finance weighs acquisition worth up to $500 million
The tokenizedassets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.…
5 microcap software stocks expected to soar by triple digits as the companies’ sales pop
These companies are all expected to show very rapid revenue growth through 2028. Source:MarketWatch
Crypto for Advisors: Is the Clarity Act dead?
Source:CoinDesk
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank Source:Federal Reserve
Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank
Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank Source:Federal Reserve
Americans are spending plenty — but they’re saving much less
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a…
The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have…
South Korean crypto trading surges amid stock market plunge
South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside. Source:Cointelegraph
Meta’s stock is falling hard. Here’s why the company is in Wall Street’s doghouse.
Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising. Source:MarketWatch
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional…