Thursday, July 9, 2026

Monthly Archives: May, 2023

US regional bank shares sink despite Fed calling banking system ‘sound’

Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound”...

Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows certain United States customers to...

China Manufacturing Sector Contracts on Weak Domestic Demand

Up Next Euro area private sector PMIs will influence market risk sentiment in the mid-morning session. However, the ECB monetary policy decision and press conference...

$22M of Curve Finance algo stablecoin minted since mainnet launch

Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than...

ForexLive Asia-Pacific FX news wrap: NZD rose after strong jobs data, stability assurances

News out of the US late in the afternoon (US Eastern time) that US regional bank PacWest was considering strategic options, including a sale, sent its share...

FOREX-Dollar falls after Fed signals pause; banking woes dent confidence

By Rae WeeSINGAPORE, May 4 (Reuters) - The dollar slipped against most major currencies on Thursday after the U.S. Federal Reserve opened the door...

SEC steps back from defining digital assets in new hedge fund rules

The United States securities regulator is holding off from ratifying the definition of the term “digital assets” in rules that govern reporting disclosures for...

Mortgage demand drops as bank failures hit jumbo loan rates

Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty ImagesMortgage demand from homebuyers has been erratic to say...

Gold Clocks New Peaks Post Fed Hike as Oil Collapse Rattles Markets. Higher XAU/USD?

Gold, XAU/USD, FOMC, Fed Hike, US Dollar, Crude Oil, WTI, Powell, Yields - Talking PointsThe gold price sprinted north on the open today but...

ChatGPT and AI the newest vector for malware: Meta security team

Artificial intelligence tools, such as ChatGPT, have become the latest way for “bad actors” to distribute malware, scams and spam — research from Meta’s...

A whole bunch of markets are retracing to cover ‘gaps’ as Asia market liquidity returns

I posted earlier:We've had some wild swings in markets since the US cash close. This stoked fear:Once NY finishes up for the day its...

Auto union withholds support for Biden, citing electric vehicles

He said he and other leaders recently met with Biden administration officials to push their case. “We were very adamant that if the government is...

36% of the top 1,000 crypto projects went silent on blogging this year

More than a third of the top 1,000 crypto projects — a term that includes both crypto companies and individual tokens — haven’t published...

Crypto Exchange Coinbase to Stop Issuing New Loans Via Coinbase Borrow

“We regularly evaluate our products to ensure we’re prioritizing the offerings that our customers care about most,” the spokesperson said. “Effective May 10, we...

Olive Garden owner Darden Restaurants buys Ruth’s Chris Steak House

A pedestrian wearing a protective mask walks past a Ruth's Chris restaurant in Washington, D.C., on Monday, April 20, 2020.Andrew Harrer | Bloomberg via...

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