Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
Mexican fastcasual chain acknowledged ‘softening’ traffic in the second half of July, but it’s taking a rosier view of its fullyear prospects.…
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency…
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…
Starbucks is becoming cool again. Here’s how it pulled off its turnaround.
Trendier products, faster service and more food options boost Starbucks’ earnings. Source:MarketWatch
‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way
Trinity Tatum and Bryce Alakai aren’t spending their realityTV winnings on shopping sprees just yet. Source:MarketWatch
US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight…
The big focus now is on the potential for a September rate hike after the Fed stands pat
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,’ one economist says Source:MarketWatch
As crypto perpetual futures boom, Ethereum’s role is shifting
Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer2 networks where trading is taking…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates. Source:CoinDesk
Why SoFi’s stock is dropping, even after its earnings beat expectations
Investors were disappointed by the neobank’s restrained guidance. Source:MarketWatch
Binance launches regulated gold, silver options through ADGM exchange
New commodity options let traders gain exposure to gold and silver prices through Binance’s Abu Dhabiregulated exchange. Source:Cointelegraph
MoonPay vault enables ChatGPT and Claude users to authorize crypto transactions
MoonPay’s PayBox vault lets ChatGPT and Claude users authorize crypto purchases, token swaps and crosschain transactions while retaining custody of their…