Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60vote hurdle. Source：CoinDesk
Crypto Clarity Act flames out in failed U.S. Senate vote
The yearslong effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60vote hurdle.…
The best time to book your flight home for the holidays? Yesterday.
Thanksgiving, Hanukkah and Christmas are still months away — but travel experts are advising those heading home for the holidays to book their flights now.…
Stocks have so far survived rising Treasury yields. But that may be about to change.
Strong earnings growth has cushioned the stock market from rising yields. But everrising bond rates may eventually take a toll. Source：MarketWatch
AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.
Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” Source：MarketWatch
Institutional investors are dangerously overinvested in stocks
Why isn’t the big money more fearful? Source：MarketWatch
What investors need to do — and mistakes not to make — in today’s uncertain world
Hedgefund founder Alec Litowitz says investor should make their identity about being adaptive, rather than trying to be right. Source：MarketWatch
Tech stocks haven’t been this cheap since the launch of ChatGPT. Should you buy in?
A potential AI slowdown has injected uncertainty into tech stocks, but some analysts believe the fears are overblown Source：MarketWatch
Wall Street may have gotten the ‘slower AI’ story all wrong
A world where AI companies slow their development isn’t necessarily bad for chip makers or great for software vendors. Source：MarketWatch
Medicare is using AI to approve claims. The result has been ‘alarmingly high denial rates.’
A pilot program using artificial intelligence to approve care for Medicare beneficiaries has resulted in high levels of denials and delayed decisions and…
Bitcoin price falls to $75.6K September low as global bonds hit multidecade highs
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.…
Crypto Clarity Act barrels toward disappointment barring last-minute Senate turnaround
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.…