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FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B

Bankrupt crypto exchange FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30. The post...
U.S. tech earnings season just opened, and Tesla, Alphabet, and IBM fired the first shots

U.S. tech earnings season just opened, and Tesla, Alphabet, and IBM fired the first shots

U.S. tech earnings season just opened, and Tesla, Alphabet, and IBM fired the first shots. The numbers, reported Wednesday and compiled by LSEG, sh...
Trump Slams Fed Chair Powell Over Interest Rates: Will Crypto Benefit from the Pressure?

Trump Slams Fed Chair Powell Over Interest Rates: Will Crypto Benefit from the Pressure?

President Trump just called Jerome Powell “Too Late” and a “stubborn guy” for not cutting interest rates. Could this political pressure push the Fe...
Trump Says Interest Rates Should be 1% — Powell Decisions Politically Motivated?

Trump Says Interest Rates Should be 1% — Powell Decisions Politically Motivated?

President Donald Trump’s ongoing feud with Federal Reserve Chair Jerome Powell just escalated—again. According to reports, Trump recently polled a ...
Fed Governor Christopher Waller Says Central Bank Should Cut Rates by Next Meeting Amid Slowdown in GDP

Fed Governor Christopher Waller Says Central Bank Should Cut Rates by Next Meeting Amid Slowdown in GDP

A member of the Federal Reserve Board of Governors says the central bank should slash interest rates by the next Federal Open Market Committee (FOM...
Trump officials want an investigation into the Federal Reserve’s $2.5 billion renovation

Trump officials want an investigation into the Federal Reserve’s $2.5 billion renovation

Allies of President Donald Trump are pushing for a full investigation into the $2.5 billion renovation of the Federal Reserve headquarters in Washi...
JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold

JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold

JPMorgan Chase warns de-dollarization is accelerating, as central banks slash USD reserves while aggressively stockpiling gold. In a new note, Meer...
Trump says Scott Bessent won't become Fed chair moments after he said 'I'm happy to do it!'

Trump says Scott Bessent won't become Fed chair moments after he said 'I'm happy to do it!'

Trump just made it clear: Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “h...
Two U.S. senators have warned Nvidia CEO ahead of China visit

Two U.S. senators have warned Nvidia CEO ahead of China visit

Two US senators have asked NVIDIA’s chief executive to avoid certain Chinese firms during his China visit, warning that some businesses there may b...
Tariff and tax duo compound UK economy slide

Tariff and tax duo compound UK economy slide

UK GDP shrank for the second consecutive month in May, falling 0.1%, following a 0.3% drop in April.