Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Bitcoin awaits Fed rate decision below $76K as analysis discounts ‘dovish surprise’ odds
Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday. Source：Cointelegraph
Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid
Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.…
More home builders cut prices as buyers get spooked
A rising share of builders are slashing prices on newly built homes despite increasing construction costs, as buyers get spooked by high mortgage rates.…
Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes
Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crudeoil prices of $150 a barrel than current levels. For diesel,…
The data-center backlash is so fierce that Republican candidates are willing to cross Trump
President Trump has been a vocal supporter of data centers, but GOP candidates in tight midterm races are increasingly taking a different tack.…
Traders are betting Trump may soon turn on Fed chair Kevin Warsh as interest-rate hikes loom
At this point, an interestrate hike from the Federal Reserve on Wednesday is seen as a virtual certainty by most of Wall Street, although some believe a hold…
Retail sales surged toward the end of summer. Economy still has plenty of momentum.
Sales at U.S. retailers surged in August and posted the biggest increase in five months, offering another piece of evidence suggesting the economy sped up…
Like Costco, Walmart will sell Medicare Advantage plans
Walmart will sell Medicare Advantage plans as part of a new partnership with a nonprofit health insurer. Source：MarketWatch
Store brands like Kirkland are winning the war for consumer wallets, squeezing out national brands
From razors to soda, private label keeps eating retail. For many big brands, there’s no point fighting it. Source：MarketWatch
The smartest money moves to make with interest rates expected to go higher
The Fed’s next interestrate hike is going to ‘bite’ consumers. Here’s how to prep your money. Source：MarketWatch
Intel’s stock rises as investors hope memory chips can mark the next step in its turnaround
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.…