House Republicans weigh dropping crypto mining and staking tax breaks
House Ways and Means Committee Republicans are weighing whether to strip mining and staking tax deferral provisions out of a…
Market news
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Crypto news
DOJ Strike Force seizes Xinbi scam marketplace, restrains $52 million in crypto
The Justice Department's Scam Center Strike Force, working with the Treasury Department, seized the Chinese-language scam marketplace Xinbi Guarantee and…
XRP Cedes Spotlight to RLUSD as Ripple Eyes $13 Trillion Treasury Market Ahead of CLARITY Act Vote
Ripple's RLUSD stablecoin, not XRP, is drawing the spotlight as Thinking Crypto host Tony Edward points to a possible $13…
Commodities news
StanChart warns oil is now built for sharper, more frequent spikes
Oil hit nearly $110 a barrel on Thursday, its highest since July, after Iran's IRGC said it struck tankers and…
US diesel prices hit a record $6.20 a gallon, up 78% in nine months
US diesel prices have hit a record $6.20 a gallon, up 78% over the past nine months, with California topping…
New attacks on Hormuz shipping and Saudi pipeline deepen oil supply fears
New strikes on a vessel in the Strait of Hormuz and on Saudi Arabia's east-west pipeline over the weekend deepened…
Stock news
Analysts See Far More Upside in SpaceX Than in Apple, TipRanks Data Shows
Wall Street analysts see roughly 51% upside for SpaceX shares but only about 5% for Apple, according to TipRanks data…
Tesla’s Roadster Reveal Set for October 1 After Years of Missed Dates
Tesla will finally unveil its second-generation Roadster on October 1 in Waco, Texas, after multiple missed reveal dates dating back…
Hewlett Packard Enterprise Raises Fiscal 2027 Outlook as AI Networking Demand Surges
Hewlett Packard Enterprise has raised its fiscal 2027 outlook to 13%-17% revenue growth and 16%-20% EPS growth, citing surging AI…
World news
US to Limit Iran Talks to Nuclear Program, Exclude Strait of Hormuz: CNN
The Trump administration will limit upcoming negotiations with Tehran to Iran's nuclear program, leaving the reopening of the Strait of…
Trump declines to confirm US strike on Iranian vessel amid Strait of Hormuz tensions
President Donald Trump would not confirm or deny a US strike on an Iranian vessel, extending months of strategic ambiguity…
Fed rate-hike odds climb as inflation data and Treasury yields surge toward 5%
Markets now price a 90% probability that the Federal Reserve raises interest rates at least once before the end of…
Forex news
ECB’s Lagarde says euro-area inflation shock will last longer than expected
ECB president Christine Lagarde says the euro area's inflation shock is lasting longer than policymakers expected, blaming the Iran war…
US corporate bond issuance surges 27% as 10-year Treasury yield nears 5%
US investment-grade corporate bond issuance reached roughly $1.68 trillion through August 2026, up 27% from a year earlier, as the…
Bank of Japan set to raise rates to 31-year high, but yen reaction stays muted
The Bank of Japan is widely expected to raise its policy rate to 1.25% at its September 17-18 meeting, a…
Indices news
Stock futures fall as AI safety concerns and oil gains rattle markets
Dow Jones Industrial Average futures slid 179 points, or 0.4%, while S&P 500 and Nasdaq-100 futures dropped further as investors…
Trump Rejects AI Slowdown Calls as Tech Leaders Warn of Existential Risk
Donald Trump has rejected calls from Anthropic's Dario Amodei, OpenAI's Sam Altman and SpaceX's Elon Musk for a slower pace…
Altman rules out 2026 OpenAI IPO, citing AI extinction risk
OpenAI chief executive Sam Altman ruled out a 2026 initial public offering, pointing instead to 2027 and citing safety concerns…
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