Rising yields aren’t scaring off investors. Why money is still pouring into bond funds.
The U.S. bond market has been under pressure amid a rise in Treasury yields, but money is still flowing into bond funds. Source:MarketWatch
Here’s another way rising bond yields could take a bite out of Americans’ wallets
Rising yields are a threat to the “Magnificent Seven.” Here’s why that could hurt U.S. consumers. Source:MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…
Wyoming adds Chainlink reserve verification to state-issued stable token
Wyoming is using Chainlink to bring nearrealtime reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial…
I offered to buy my friend a birthday drink. She ordered $180 worth of food and expects me to pay. Should I Venmo her for half?
“My offer was cocktails.” Source:MarketWatch
Crypto made new friends in U.S. primaries, but focus now shifts to general election
Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.…
Ondo urges SEC, CFTC to bring US stock perpetuals onshore
Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity…
Here’s how much Americans rely on Social Security — at all income levels
Social Security is really important for older Americans. It needs to be tweaked, not restructured. Source:MarketWatch
Medicare Advantage patients who get diagnosed with Alzheimer’s or other serious diseases are ditching their plans — and it can cost them
The annual Medicare openenrollment period runs from Oct. 15 to Dec. 7. Source:MarketWatch
Fed’s Williams ‘is opening options’ to interest-rate hikes. Why that could be ‘a bad trade.’
Fed watchers say the upcoming jobs report and inflation data are key after seeing signs that Fed Chairman Kevin Warsh would be willing to see interest rates…
G20 members tout ‘clear pathways’ for digital asset innovation
Officials in the G20, under the US’ presidency, recognized that digital assets could support “broadbased economic growth” and called for improvements in…
Raising Social Security’s full retirement age is political dynamite because it could make this group of people poorer
Changes to the full retirement age would have to be quick and steep to make a dent in the program’s shortfall. Source:MarketWatch