The crypto bear market might finally be ending. U.S. spot crypto exchange-traded funds (ETFs) saw $2.1 billion in net inflows in the week ended Aug. 28, with about $321 million of that sum entering altcoin funds.Capital inflows aren’t a strong reason to buy a coin on their own, as they just indicate how the market reacted to recent events.
While the Israeli economy continues to show resilience despite the war and global geopolitical conditions, a giant financial sinkhole in the form of US public debt has opened up overseas and is threatening to halt the trend of interest rate reductions.ETF specialized firms in the debt market estimate that Israel is among the countries already paying part of the price for the expanding US debt through higher interest rates,
» Read more about: America’s black hole: The debt threatening to swallow the global economy »
“I think everybody wants that to happen,” Johnson said Thursday, a day after Greer briefed House Republicans. “We need Canada to come to the table, and be in good faith, and work through this, because it’s very important for both countries, and the members of this body believe that, and I think most Canadians do as well.”
» Read more about: Canada imposes tariffs up to 50% on U.S., risking wider trade war »
Palantir just handed Nebius a coveted sovereign AI label, but traders are punishing one side of the partnership and rewarding the other in ways that reveal exactly where the market thinks the real leverage sits.
Sovereign AI infrastructure is driving today’s action across the AI cloud complex. Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) named Nebius Group (NASDAQ:NBIS) its preferred sovereign AI infrastructure partner this morning,
Former Canadian Finance Minister Chrystia Freeland speaks at the Peterson Institute for International Economics in Washington on April 12, 2023.
Kevin Dietsch/Getty Images
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Kevin Dietsch/Getty Images
Canada’s latest tariffs on American goods took effect Tuesday.
A growing number of Republicans are expressing openness to raising taxes on higher earners to help shore up Social Security as it faces impending insolvency.
It marks a notable departure from the GOP’s long-standing opposition to tax increases, but lawmakers are dealing with mounting pressure to address Social Security’s funding shortfall.
» Read more about: Social Security Update: Republicans Show Rare Support for Raising Taxes »
Corning (GLW) stock rose Tuesday after the provider of optical communications gear for telecom networks and artificial intelligence data centers announced a multibillion-dollar agreement with longtime customer Verizon Communications (VZ). Corning stock has advanced 70% in 2026, but shares have retreated from a 52-week high set on June 30. Under the deal,
» Read more about: Corning Stock Climbs On Multibillion-Dollar Verizon Network Deal »
The Dow Jones Industrial Average and the other major stock indexes fell Tuesday, with oil prices rising following an attack on Saudi Arabia by Iran-backed Houthis. Energy stocks jumped while software lagged. Meanwhile, memory-chip leader SK Hynix (SKHY) rallied on the stock market today, breaking out past a new buy point.
U.S. stock futures fell Tuesday, the first trading day after Labor Day, as escalating conflict in the Middle East pushed oil prices to six-week highs and Canada’s retaliatory tariffs on American goods took effect.
Dow Jones Industrial Average futures were down 491 points, or 0.9%, at 5 a.m.
» Read more about: Dow futures drop as Iran war, Canada tariffs hit Wall Street »
