Figure revenue doubles as blockchain loan marketplace volumes surge
The tokenizationfocused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion. Source:CoinDesk
Wholesale inflation flattens out in July and price pressures ease
Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of…
The AI boom is not just driving stocks — it’s also moving the foreign-exchange market
Interestrate differentials, inflation trends and trade balances are usually thought of as drivers of foreignexchange movement — but increasingly, the drivers…
SEC allows Franklin Templeton funds to invest in onchain money fund
The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.…
Bitcoin holds steady near $64,000 as monero, hyperliquid outperform
Crypto markets remain in a low volatility holding pattern, trading in a tight range following Wednesday's CPI report. Source:CoinDesk
Bill Ackman once exited Netflix stake in a huff. Why he’s buying the streaming giant again as well as these five stocks.
Netflix is once again an apple in Bill Ackman’s eye, as the streamer was among six stocks Pershing Square added in the last six months. Source:MarketWatch
Flying first class is getting cheaper — if you don’t mind giving up some perks
‘Basic first class’ is here as airlines move to create multiple tiers of their most premium seats. Source:MarketWatch
Cisco stock falls on margin concerns. Here’s what Wall Street analysts are saying.
Analysts say a focus on the artificialintelligence ‘supercycle’ could pressure gross margins. Source:MarketWatch
‘She’s desperate’: My friend’s mother died. Can she stop Medicaid from taking the family home?
“She has contacted the mortgage company, but they will not discuss the mortgage.” Source:MarketWatch
What is driving the rapid shift as South Korea’s bear market turns back into a bull
The recovery in Korean equities owes much to technical factors as retail long positions were liquidated, but it’s also backed by fundamentals – namely booming…
Live Markets: U.S. inflation is stickier than July’s mild CPI reading suggests
Bitcoin's choppy price action as indepth analysis of the U.S. CPI released Wednesday suggests the underlying price pressures remain sticky. Source:CoinDesk
‘My husband and I are at odds’: Should we tap our home equity or sell stocks to build a $100,000 emergency fund?
“We have about $1.7 million invested but only around $20,000 in cash.” Source:MarketWatch