Fed officials want to hold off a rate hike this month. Will this week’s inflation data let them?
A troubling rise in prices might trigger an interestrate move at the Fed’s meeting in late October. Source：MarketWatch
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source：CoinDesk
This five-star money manager shares three stock picks, including one betting on dying American malls
One highly rated fund manager shares some top picks, including two names many U.S. investors will be unfamiliar with. Source：MarketWatch
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 millioneuro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX…
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week. Source：CoinDesk
‘The prospectus looks impressive’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky?
“I’m in my 60s, recently retired and living my best life.” Source：MarketWatch
Kraken parent clears Dubai’s final hurdle for dirham trading rollout
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.…
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.…
The bond market is doing the Fed’s job, and that could be good news for stocks, says Morgan Stanley strategist
A stronger dollar, higher bond market yields and elevated gas prices are already tightening financial conditions in the U.S. to the point that Kevin Warsh may…
My sister moved in with our widowed mother, 78, and says she deserves the family home. Is she right?
“The house is worth $925,000 and mom owns it outright. She also has $480,000 in investments.” Source：MarketWatch
Here’s why Goldman Sachs just flipped bullish on stocks for the rest of the year
Goldman Sachs is leaning more heavily into stocks for the remainder of the year. That’s down to earnings and a market that has overall gotten cheaper.…
Legal battle continues as Dolly Parton’s estate claims nephew put up barbed wire to avoid summons
Dolly Parton’s estate has claimed that the late country music icon’s nephew, Bryan Seaver, went to extraordinary lengths to evade being served with a summons.…