Job openings are low and hiring is weak. Why the U.S. labor market won’t get better soon.
War, high gas prices, rising interest rates and AI are keeping a lid on U.S. job creation. Source:MarketWatch
Junk bonds are heading for worst month since 2022 after punishing global selloff
U.S. junk bonds are getting badly bruised in September, with their high yields so far failing to provide enough cushion this month to withstand heightened…
SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors
The Securities and Exchange Commission today charged multiple entities that are likely operated by individuals located overseas for defrauding hundreds of…
ECB puts AI agent payments on the digital euro drawing board
The ECB is seeking firms to explore AI agents and machinetomachine interactions as it prepares a separate digital euro pilot for 2027. Source:Cointelegraph
Blockchain.com targets $500 million IPO this year at up to $6 billion valuation
The Londonbased crypto services company confidentially filed for an initial public offering with the Securities and Exchange Commission earlier this year.…
Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Greece joined the EU MiCA register with four providers as HCMC expanded its denial of remarks attributed to officials in a report on Binance.…
Bitcoin is on track to shatter a major decade-long streak as September gains surge
Bitcoin is on track for a third straight monthly gain, but higher yields, oil prices and two major November events could test its Q4 momentum. Source:CoinDesk
Here’s where TSMC is reportedly eyeing a second U.S. site for a chip-making hub
Taiwan Semiconductor Manufacturing Co., the Taiwanese contract chipmaker that makes semiconductors for Nvidia among others, is reportedly eyeing a second site…
‘I have a low interest rate’: I’m 80 years old. Should I move out of my house because of dangerous stairs?
“I could rent the property and generate $800 a month in positive cash flow.” Source:MarketWatch
Two-thirds of the revenue needed to justify the AI buildout are still unaccounted for, says major consulting firm
At least about $4.2 trillion of the estimated yearly costs needed to fund the artificialintelligence buildout is currently not being covered, according to the…
Kris Jenner delists $13.5 million home that was featured in ‘Keeping Up With the Kardashians’
Kardashian matriarch Kris Jenner has once again removed her Hidden Hills, Calif., mansion from the market—after wavering over the sale. Source:MarketWatch
A month ago, this JPMorgan team urged caution on stocks. Now it’s going all in on tech.
A JPMorgan unit that focuses on shortterm trading signals has turned bullish again after a month of caution. Source:MarketWatch