It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…
Coinbase seeks Brazil crypto license, expects no service disruption
Coinbase has applied for authorization ahead of Brazil’s Oct. 30 deadline and says it expects to maintain existing services while regulators review its…
You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source：MarketWatch
Lilly raises outlook for third time this year as Zepbound sales soar
The GLP1 drug continues to dominate the market for prescription weightloss drugs in the U.S. Source：MarketWatch
Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation…
The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.
GDP and inflation figures arrive together at 8:30 a.m. Eastern time. Strong growth and persistent price pressures could strengthen the case for an interestrate…
Medicare used AI to pre-approve patient care, and it immediately led to a large drop in medical services
Medicare is testing the use of AI to conduct prior authorizations to target wasteful medical spending Source：MarketWatch
Live updates: Bitcoin clings to $80,000 as Strategy’s cushion thins before earnings
Bitcoin slipped nearly 2% ahead of Strategy’s thirdquarter results, and the largest corporate holder’s coins are now worth only about 6% more than it paid for…
Thai Supreme Court rules bitcoin is property after thief challenges conviction
The court said bitcoin has a market price, can be cashed out and held by the public. It upheld a 10year sentence for a man who helped the robbers.…
Bermuda taps WalletConnect to advance its onchain economy plan
Bermuda chose WalletConnect to bring crypto payments to local merchants, starting with ticketing platform PTIX in the second quarter of 2027. Source：CoinDesk
‘Fancy cars hold no appeal’: My wife and I have a 99% chance of outliving our savings. Why don’t we spend it all?
“I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children or close family remaining.” Source：MarketWatch
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Lazaro Campos takes the board role as the Londonbased company reports $300 million in assets locked and more than $1 billion in annual transaction volume.…