Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028. Source:Cointelegraph
Pepsi loses more ground in the soda wars, as KFC switches to Coke
As more people switch to Coke, some analysts are getting more worried about the state of archrival Pepsi. Source:MarketWatch
How a midterm sweep by Democrats could turn this tech selloff into a tech crash
Popular AI names are under pressure again this week — but the pain could worsen after the Nov. 3 election. Source:MarketWatch
Don’t ditch tech stocks just yet. Make these moves to take advantage of the latest AI reset.
Investors have a ‘lovehate relationship’ with tech stocks now — and experts recommend selectively hunting for bargains while also betting on the major cloud…
Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.…
This one governor’s race could derail the AI trade that’s powered the stock market
Here’s the Nov. 3 contest that “presents the biggest electionspecific risk,” analysts say. Source:MarketWatch
At the White House, crypto policy vacancy looms large
The departure of President Donald Trump's crypto adviser, Patrick Witt, leaves the digital assets office vacant and its policy aims uncertain. Source:CoinDesk
Big pharma stocks near all-time highs as tech selloff pushes investors toward safer bets
Shares of AbbVie, Eli Lilly and Gilead Sciences are trading at or near record highs. Source:MarketWatch
Are we spending our retirement money in the right order? Our plan is: Social Security, annuities, cash — then IRA.
Spending all your cash first can make your income surge in later years. Source:MarketWatch
Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now.
The continued selloff in the AI trade is forcing investors to ditch highflying tech for relative safety of government bonds, even as hot inflation threatens to…
Sweden revisits digital krona as ECB advances digital euro plans
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreigncurrency stablecoins and the future of…
Tesla may finally debut a flying car today, after testing fans’ patience for nearly a decade
Elon Musk is set to reintroduce the Roadster sports car, possibly equipped with SpaceX thrusters. Source:MarketWatch