Retail sales slump in July. Cheaper gas and Amazon Prime hangover are the chief culprits.
Sales at U.S. retailers fell in July for the first time in 14 months, but not because the economy sputtered. Americans spent less at gas stations because of…
Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown
Spot bitcoin ETFs saw backtoback outflows for the first time since late July as the largest cryptocurrency wiped out last week's gains and altcoins struggled…
Rates are at multiyear highs, yet stocks hit fresh records. Here’s how long the defiance may last.
The relationship between bond yields and equities has turned negative again, says LPL Financial Source：MarketWatch
RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Source：CoinDesk
Batten down the hatches and allocate defensively because global liquidity has peaked, argues veteran strategist
In a world of rising interest rates, CrossBorder Capital’s Mike Howell believes investors should maintain a defensive posture, hedge against inflation, buy…
JPMorgan cut Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform…
Crypto payments barely register among euro area merchants, ECB finds
Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground. Source：Cointelegraph
U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns
The SEC was ready to release at least some part of the innovation exemption alongside its nowcanceled open meeting for "Reg Crypto" on Friday. Source：CoinDesk
SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date
The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.…
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform…
SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that raised…
SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.…