How Foot Locker went from a sneakerhead destination to a store struggling to get rid of old shoes
Dick’s Sporting Goods has faced challenges fixing Foot Locker since acquiring it last year. Some skeptics are asking: “Why buy it in the first place?”…
Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure. Source:CoinDesk
Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech
One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November midterm…
Buying 30-year bonds? Locking in today’s rates could hurt your retirement planning.
Right now the bond market is acting in a way it hasn’t in two decades, and a lot of people are going to be caught off guard by what that means for the “safe”…
CrowdStrike’s stock has jumped after record-breaking earnings. Wall Street is lapping it up.
A number of Wall Street banks, including Jefferies, raised their price targets for the cybersecurity’s stock following its recordbreaking results.…
Bond jitters, AI demand and tariff threats. Inside the new darling of the hard-asset trade: copper.
Copper just hit a fresh record, while one ETF tracking the metal is up nearly 20% in August and on pace for its best month on record. Source:MarketWatch
Here’s how the private-listing war between Zillow and Compass could cost home buyers and sellers
Realestate giants Compass and Zillow are battling over control of home listings. Consumer advocates and industry experts warn that buyers and sellers could pay…
Mirae Asset eyes $109 billion crypto empire after acquiring Digital X
Park Hyeonjoo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an…
Salesforce stock is jumping. What Wall Street is saying about its earnings and its Anthropic relationship.
Shares in the software company climbed in premarket trading. Citigroup and Jefferies both lifted their price targets for the stock. Source:MarketWatch
Jackson Hole is Warsh’s chance to win over his Fed colleagues — and investors
New Federal Reserve Chairman Kevin Warsh has yet to earn the trust of his centralbank colleagues or financialmarket participants who remain wary of his…
2 charts show why beaten-down Treasury bonds may be due for an epic rebound rally
The mounting U.S. debt is an intractable problem. A quick look at the numbers shows how interest payments are set to snowball, but shortterm relief could be…
Bitcoin tests its largest supply wall at $80,000, near ETF holders’ average price
Bitcoin is testing its largest supply cluster alongside the key 50week moving average. Source:CoinDesk