Nvidia couldn’t derail the stock market’s rally. Hot inflation might.
A Fed official raises the prospect of a halfapercentagepoint rate hike. Plus, fresh valuation focus on Anthropic’s blockbuster IPO. Source:MarketWatch
Bitcoin lags stock rebound in advance of U.S. inflation report
Bitcoin slipped despite a Monday rebound in U.S. stocks, with spot ETFs losing $201 million as traders await October inflation data later today. Source:CoinDesk
Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.…
Anthropic reportedly retracts IPO terms sent to banks by mistake, exposing jitters over AI investments
Anthropic reportedly late Monday sent a copy of a securities filing to bankers for an IPO raising up to $69.3 billion before saying that was in error.…
‘I’m sick of flying’: I paid for priority boarding, but the overhead bins were full. Was I duped?
“Maybe next time I’ll try the other approach: I’ll board whenever I feel like it and drop my suitcase in the first open slot I see.” Source:MarketWatch
Live news: Traders price in fed rate hike for December as bitcoin and gold retreat
Markets price in a December Fed rate hike ahead of U.S. inflation data, while bitcoin and gold fall and oil retreats on easing Iran tensions. Source:CoinDesk
‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?
There’s already a demographic ‘run’ on Social Security. Source:MarketWatch
Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech
Bitcoin price action and stock futures trended lower after Fed governor Christopher Waller said that he would vote to raise interest rates by 0.25% at the…
N.Y. Knicks star Josh Hart relists Florida home for $5.7 million
New York Knicks star Josh Hart has relisted his sprawling Florida mansion for $5.69 million—just one year after removing the home from the selling block.…
Actor Justin Baldoni quietly sold his L.A. home for $2.1 million after moving to Nashville
Actor Justin Baldoni discreetly offloaded his former Los Angeles home months after relocating to Nashville, Tenn., for a “fresh start.” Source:MarketWatch
Fed’s Waller puts half-point rate hike into the mix for December
Federal Reserve Gov. Chris Waller on Tuesday put the possibility of a halfpoint rate hike into the mix, depending how hot the consumer price data for October…
Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction. Source:CoinDesk