Trump is expected to appoint Jay Clayton as new AI czar: Reports
US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs. Source：Cointelegraph
Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s
Is it time to dust off the financial playbook from that dismal decade? Source：MarketWatch
Bank group sues U.S. regulator over granting crypto trust charters
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency, accusing the regulator of overstepping its legal authority.…
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against…
Switching jobs to get higher pay works best in these industries
Finding a new job is one way to get a pay increase at a time when inflation has been outpacing wage growth. Source：MarketWatch
The government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it.
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed. Source：MarketWatch
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
How much higher can bond yields rise — and what does it mean for stocks?
Also in Weekend Reads: Adjustablerate mortgage loans, Gen Z entrepreneurs and advice from the Moneyist. Source：MarketWatch
Why bond investors quickly lost their enthusiasm for weak jobs figures
A weak U.S. labor report did what bad news hadn’t done in a while: It made U.S. debt look like a safe haven again — albeit briefly. Source：MarketWatch
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financialmarket infrastructure. Source：CoinDesk
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood…
Europe’s leaders rush to release diesel from stockpiles as fuel-shock hangs over U.S. midterms
Europe leaders agreed Friday to release some of diesel stockpiles, pulling prices of oil down by more than 4%. Source：MarketWatch