Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped floor prices during peak shopping periods, adding surcharges to merchants’ ad spending. Source:MarketWatch
Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollar
Bitcoin is holding just under $78,000 as August closes. The dollar strength that pushed the yen past its intervention line is the same force capping crypto.…
Party balloons could become a ‘luxury’ as the Iran war spurs a helium shortage
Dollar Tree says a helium squeeze has hit sales of balloons and party supplies. Researchers note this could foreshadow higher costs for other industries that…
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer…
Trump cost investors $4.7B through crypto ‘schemes’: Public Citizen
While investors in World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…
You don’t have to be rich to start investing. Here’s a simple way to begin.
You don’t need to be fluent in market jargon or have thousands of dollars stashed away to get started. Source:MarketWatch
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The Londonbased multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.…
Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout. Source:CoinDesk
Canada announces retaliatory tariffs on U.S. goods after trade talks break down
Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollarfordollar” tariffs on U.S. goods — a retaliatory measure after trade…
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.…
US debt tops $40T stoking debate on what it means for Bitcoin
Analysts say the $40 trillion debt milestone could bolster Bitcoin’s longterm case, even as Treasury yields, dollar strength and liquidity remain key nearterm…