Democrats blocked the bill from even being debated and amended on the Senate floor, giving the banks exactly what they wanted: less competition...

Conflicting reports of Saudi-backed advance on Red Sea coast...

The global financial institution found tokenized equity markets less liquid and more volatile than traditional markets, despite growing demand for 24/7 trading...

Democrats are sinking their teeth into this...

Hundreds of billions poured into data centers, and the closest proxy for technological progress is running below zero. The last time Edwards saw that pattern, it was Thailand in 1996.

Brazil is breaking out. ETF inflows are surging. Real rates are extreme. The easing cycle could be a game changer. But the biggest opportunity may not be EWZ.

ECB President Lagarde reiterated that the ECB has instruments to counter unwarranted market dynamics, while Governing Council member Moulin and French finance minister Lescure said the conditions for direct intervention are not currently met.

...resilient stocks have never diverged this much from... everything else

Its own pay tables show white staff earning less in six of seven bands...

Frustration over cost-of-living continues to mount...

Masa Son has tapped bridge loans, margin loans on Arm and OpenAI shares, Japanese retail savers and, most recently, the largest junk bond on record. Now that the usual spigots have been opened all the way, it's time to call the sovereigns.

Chaos. 

...individuals with vaccine injuries, "have been marginalized, vilified, demonized, and gaslighted, and they have not received the medical attention they need

...DoE urged the PJM Interconnection to quickly revise its reliability backstop procurement plan to prevent cost shifts onto existing utility customers from data centers and other large loads. 

42 AI stocks. 67% of S&P 500 returns. 58% of earnings growth. 81% of capex/R&D growth. And that's just the stock market. The AI takeover is getting absurd.

"Vomiting can also be an effective way to ward off a sexual offense..."

“The thing that we have seen in the last 18 months or so is that you continue to get waves of bad news around AI, around the whole tech trade, and then it typically settles down after a couple of days, and the market reverts to read the optimism" 

OpenAI's revenue is reportedly $20 billion below expectations and the financial reality of the AI boom is beginning to catch up with Wall Street's fantasy.