How would the bond and FX markets react to Biden dropping out of the race?
US 10 year yields The bond market is usually the first to figure things out but even it’s struggling with the political turmoil and economic uncertainty right now. Notably, long…
It’s hot — and getting hotter. Here’s what that means for the global economy.
Climate change is worse for worldwide output than previously thought, a new study says.
WazirX launches bounty program to recover stolen assets
In response to a significant cyberattack, WazirX, one of India’s leading cryptocurrency exchanges, has announced the launch of a bounty program to freeze and recover stolen assets. In a post…
Four more House Democrats call for Biden to quit the campaign
AI image Representatives Jared Huffman of California, Marc Veasey of Texas, Mark Pocan of Wisconsin and Jesus “Chuy” Garcia of Illinois issued a joint letter to Mr. Biden on Friday…
My daughter died without a will, but her undocumented husband refuses to claim her estate. Will her money be lost to the state?
“How do I collect it as her next of kin if her husband is refusing to collect his inheritance?”
Elon Musk lashes out at EU over ‘illegal’ free speech deal
Billionaire entrepreneur Elon Musk says the European Commission offered his social media platform, X, an “illegal secret deal” to suppress free speech. On July 12, the commission issued a press…
USDCHF bounces off the support target at 0.8819. Buyers are making a play.
In the video and post yesterday, I spoke of the support target between 0.8818 and 0.8825 (see: “USDCHF breaks lower below technical levels, increasing the bearish bias. What next?“). In…
Infosys sales edge past consensus as it nudges up outlook
Indian outsourcing giant Infosys reported growing profits as it forecast a slight pickup in sales growth for the year.
BitGo integrates Stacks for Bitcoin rewards, following institutional Bitcoin demand
Digital asset service provider BitGo has launched support for the Stacks blockchain to enhance Bitcoin functionality, the latest sign of institutional adoption for Bitcoin-native decentralized finance. BitGo’s integration of Bitcoin…