It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections.
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028. Source：MarketWatch
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring wonbacked stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency…
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.…
Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform
About 25% of the USlisted companies in OKXICE’s initial tokenized stock platform proposal are asking to optout of the venture. Source：Cointelegraph
Looking for AI stocks that are still cheap? Consider these two under-the-radar picks.
Simon King of Saturna Capital names two stocks tied to base metals, for investors who want to look beyond the beaten path for AIrelated trades.…
It’s no secret what the best financial advice for retirement is — but most people ignore it anyway
Research can prove a lot of facts, but that doesn’t mean it changes how people act. Source：MarketWatch
Elon Musk promised a SpaceX share to every kid in America — don’t hold your breath
Trick or treat? Musk has a long record of saying things have little relation to reality. Source：MarketWatch
Is your annuity really guaranteed? Read this before you buy one.
The payout of the annuity you just bought or renewed may be less than advertised, so there are questions you can ask before you sign anything to make sure what…
Here’s why GM’s stock is having its worst day in over a year
The automaker lowered its fullyear profit expectations as it plans to pause some truck production. Source：MarketWatch
BlackRock seeks to shield bitcoin investors from losses after rival fund weathers 50% crash
BlackRock's proposed fund follows similar products from Calamos that helped investors avoid steep losses during bitcoin's selloff. Source：CoinDesk
Pending home sales sink to 25-year low as buyers flee high mortgage rates
Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30year…
Salesforce gets a chilly investor response to a $6 billion deal at a 58% premium
Salesforce said on Tuesday that it is making a nearly $6 billion acquisition at a 58% premium, but Wall Street’s response was frosty. Source：MarketWatch