A massive ‘corporate welfare’ program is underway — and consumers want a bigger cut of it
Tariff refunds have been flowing back to companies since President Donald Trump’s levies were rejected by the Supreme Court. Source:MarketWatch
‘She’s desperate’: My friend was laid off and lost her health insurance. How can she find affordable coverage?
“She looked into COBRA, but the cost is absolutely ridiculous.” Source:MarketWatch
This has been one of the most affordable U.S. cities to buy a home for the past 134 years
Home prices in America have changed dramatically over the last century — but the Midwest has remained a bastion of affordability through it all.…
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days
Treasury buybacks are not QE, analysts said, but the move helped pull longterm yields off 19year highs and triggered a record short squeeze in a market already…
Crypto advocates join in suing Illinois over digital asset tax
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds. Source:Cointelegraph
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the…
Former JPMorgan exec takes on Social Security advisory role
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports. Source:MarketWatch
Pass the Clarity Act
Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association. Source:CoinDesk
Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count. Source:MarketWatch
The Treasury, the Fed and the threat to your money
Also in Weekend Reads: The Gen Z online sportsbetting trend, what’s next for Apple as Tim Cook exits, and a bullish take on Nvidia heading into earnings.…