Here are the hidden flaws in Warsh’s new way of tracking inflation
Economists at Nomura say the new way Kevin Warsh is tracking inflation doesn’t have better predictive power than core readings. Source：MarketWatch
AI agents will soon buy their own computing power and data using stablecoins, according to BlackRock
The asset manager sees payments as the nearerterm opportunity, while markets for computing capacity remain at an early stage Source：CoinDesk
My friend grosses $300,000 a year with her pet-sitting business. She pays herself $50,000. Should I do the same?
“She currently has about 15 sitters, all independent contractors.” Source：MarketWatch
The real estate portfolio of Zendaya and Tom Holland, plus her plans for a room just for her wedding dress
Tom Holland and Zendaya are reportedly planning to install a climatecontrolled room in one of their several properties to preserve her $269,000 wedding gown.…
TV host Maria Menounos lists a beautifully renovated Encino mansion for $7 million
TV personality Maria Menounos has listed her longtime Encino mansion for $6.995 million, two decades after she and husband made the sprawling California estate…
Softbank’s mega junk-bond deal shows capital for the AI race is getting more expensive
The artificial intelligence buildout is officially crossing over to the world of junk bonds, where investors expect to be paid more for taking bigger risks.…
This oil giant has lagged its leading rivals through two energy crises. Now one Wall Street giant says it’s time to buy.
Integrated oil giant BP has lagged its closest rivals over the last three to five years, but now one leading Wall Street firm says it’s time to buy the…
BitMEX ends crypto trading, keeps withdrawals open after closure
BitMEX officially ended exchange operations after more than 11 years, while withdrawals remain open as the crypto derivatives platform urges users to remove…
Coinbase users can now borrow USDC against bitcoin at a fixed rate
Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date. Source：CoinDesk
XRP Ledger retries upgrade that lets banks split payment and compliance duties
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over…
US Treasury secretary emerges as frontrunner for Trump’s AI czar role: Report
US President Donald Trump previously tapped David Sacks as his AI and crypto czar before Sacks stepped down from the role earlier this year after reaching his…
Malicious iOS app FomoPeek linked to $580K crypto theft, SlowMist says
SlowMist said malicious FomoPeek versions distributed through Apple’s App Store used iOS kernel exploits to escape the sandbox and access sensitive data from…