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NEW YORK — U.S. stocks closed barely higher on the 1st as late bargain hunting offset a sharp selloff in global government bonds that drove yields to multiyear highs.
The low of every session since September 24 has come within half a cent of 1.3200, and Wednesday made it ten in a row. GBP/USD trades just above 1.3200, below the level Tuesday's rally started from.
The regulators may be busy on crypto, but they can't finish the job. That was the message from Rep. French Hill, who argued this week that the flurry of crypto rulemaking from the SEC and CFTC is no substitute for the m…
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.
Mumbai, August 27: Oil prices extended their losses on Thursday, with Brent crude futures falling for a fourth straight session as investors weighed the possibility of diplomatic progress in the Middle East against cont…
Broadly speaking, when advisors and investors consider adding focused industry exposure to a portfolio, there needs to be a strong justification for doing so. Take the AI industry, for example, where sustained buildout …
Rising US long-term interest rates have become the defining issue in global financial markets. But why have they climbed so fast? Yields have now surpassed the expected return on stocks for the first time in 20 months —…
The layer-1 blockchain said its programmable offchain tunnels reached the milestone during a live stress test designed to simulate high-frequency activity between AI agents.
Yoido Full Gospel Church, the Seoul megachurch Guinness once recognized as the largest congregation in the world, said Wednesday that personal data tied to 850,000 members may have been stolen.
Commerzbank’s Asia FX team highlights a constructive near-term outlook for the Vietnamese Dong (VND), supported by strong Foreign Direct Investment (FDI) inflows and robust growth. USD/VND stayed around 25,994, below it…
Google launched Playground on Wednesday, a web platform where anyone can describe a game in plain language and get a playable version back without writing code. Users then refine the result by chatting, asking for diffe…
The Nasdaq Composite fell 100.07 points, or 0.36%, to 27,499.82 at 1:19 PM ET on Wednesday, giving back some ground after a second straight record close of 27,599.79 on October 6. The index traded between 27,341.31 and …
Anthropic released Claude Haiku 5.5 on Wednesday, calling it the cheapest, fastest and most capable small model it has made. It targets high-volume chores such as summarizing documents and querying databases, plus speed…
On Wednesday, the combined assets invested in the State Street SPDR S&P 500 ETF (SPY) and the State Street SPDR Porfolio S&P 500 ETF (SPYM) passed the $1 trillion mark for the first time. SPY, the first-ever U.S.-listed…
“Trump’s coin was max extraction, and I wanted to troll every grift like it,“ said Hunter Biden in a breakdown of the memecoin launch and fallout.
The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most o…
The yield on the US 10-year Treasury note touched 5.35% on Wednesday, its highest since April 2002, and the 30-year bond hit a 24-year high. Brent is back above $100 a barrel after Iran stepped up attacks on tankers in …
US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.
Gold price (XAU/USD) tumbles to a near two-month low around $4,110 during the early Asian session on Thursday. A stronger US Dollar (USD) and elevated US Treasury bond yields reduce the appeal of the non-yielding metal.…
The Pound Sterling (GBP) dives over 0.48% against the US Dollar (USD) on Wednesday as US Treasury yields hit a 24-year high, boosting the Greenback’s appeal, while traders await the release of the Federal Reserve’s (Fed…
After Bitcoin's tremendous rally to new highs around $126,000 last year, it shed essentially all of those gains in the final months of 2025 and is now down about 4% on a trailing-12-month basis. Still, with new legislat…
Binanceâs squeeze oscillator returned above +0.80 after resetting near equilibrium.
Bitcoin had a rough morning. It opened today at $85,543.66, slid as low as $82,776.30, and now sits at $83,178.54. The drop appeared to scare off traders as the movement threatened to break a key support as BTC fell sha…