Companies keep raising prices. The Fed is trying to get them to reconsider.
Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers. Source:MarketWatch
The government canceled her student loans due to a scam — but $72,000 is still on her credit report
The government continues to report to credit bureaus $4.6 billion in student debt owed by some 300,000 borrowers that should have been canceled, a lawsuit…
The case against buying and holding stocks for the long term
The number of stocks outperforming the index over time is shrinking, increasing the need for active managers to be nimble. Source:MarketWatch
A new bill in Congress would lower the retirement age to 60. See who would qualify.
A new bill calling for lowering Social Security’s full retirement age from 67 to 60 for workers in physically demanding jobs could put additional strain on the…
The S&P 500’s newest tech stock is now its best performer
Shares of datastorage company Everpure were leading S&P 500 gainers on Thursday. Source:MarketWatch
SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
SoFi dives deeper into payments as it moves its entire card program to blockchainbased settlement using its SoFiUSD stablecoin, with more than $25 billion in…
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an…
European stablecoin issuer Qivalis sees transformation of global trade finance
JanOliver Sell, the CEO and founder of Qivalis, said the entire trade finance supply chain is moving into stablecoins. Source:CoinDesk
Do this one thing to help prevent your parents from being scammed
“I felt like I was talking to a robot,” said one adviser about a client who was ensnared in a romance scam. Source:MarketWatch
Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes
The ARK Venture Fund is bringing exposure to soughtafter private tech companies onchain through Securitize, first on Ethereum then potentially expanding to…
Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push
Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain. Source:CoinDesk
EU's financial regulator to make AI and tokenization a supervisory priority in 2027
European regulators will map how financial firms use the technologies in clientfacing products and begin checks on the most affected businesses. Source:CoinDesk