Microsoft is nearing a big milestone that solidifies its revival
Microsoft is close to reclaiming a $4 trillion market cap — and fresh records are also in sight. Source:MarketWatch
HSBC, Ant Digital test AI-agent payments using tokenized deposits
The technical trial showed how AI agents could discover services and make micropayments using HSBC’s tokenized deposits, with realtime settlement and risk…
More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking
Even with the rising use of AI, picking marketbeating stocks has not become any easier this year, a new report finds. Source:MarketWatch
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases. Source:Cointelegraph
Taxing stocks, estates and employee benefits could keep Social Security from running out of money. Here’s who could pay the most.
Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.…
Hurricane Isaias to ‘stress test’ oil markets already hobbled by tight fuel supplies
Supply disruptions during the Atlantic hurricane season usually end up being a blip. This year could be very different. Source:MarketWatch
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “crosstrading rule,” which permits transactions in securities…
New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky
Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s…
Here’s how much stocks could fall if the Democrats sweep Congress as expected, according to BofA
The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite,…
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the…
Dragonfly partner rejects ‘bunker mode’ doomerism, calls for proactive blockchain measures
Dragonfly’s Qureshi argued that asset migration is not a real solution in case of AI models breaking cryptographic signatures, and urged blockchains to adopt…
Nvidia and Micron shares bounce as investors get clarity on a key OpenAI matter
A new report paints OpenAI’s financial picture in a more optimistic light. Source:MarketWatch