Senate blocks crypto regulation bill in a major blow to the industry
Senate Democrats on Tuesday blocked legislation to create a new regulatory framework for cryptocurrency, stalling an industry-backed effort to place new guardrails around digital assets after demanding more limits on President Donald Trump’s investments.
The 49-50 vote on whether to move forward with the legislation was a pivotal election-year test for the $2.3 trillion cryptocurrency market as the industry has pushed aggressively for a uniform set of rules.
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Read MoreWhat to know about US Federal Reserve’s first interest rate hike in 3 years
For the first time in more than three years, the United States Federal Reserve has raised interest rates amid mounting inflationary pressures and consumer frustration.
The unanimous decision on Wednesday, supported by all 12 members of the Federal Open Market Committee (FOMC), raised rates by a quarter of a percentage point,
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Read MoreUS Federal Reserve increases interest rates to curb inflation as Trump calls for cut
US President Donald Trump has called for interest rates to be lowered after the Federal Reserve raised rates in the world’s largest economy by 25 basis points.
The Fed’s Federal Open Market Committee voted unanimously on Wednesday, local time, to raise rates to between 3.75 and 4 per cent, citing “elevated” inflation and adding that the rate hike would support a “timelier return”
Read MoreTesla Is Expanding Into Vietnam to Capture Growing EV Demand. What This Actually Means for TSLA Stock.
Tesla (TSLA) has had a rough 2026. The stock is down about 20% year-to-date (YTD), falling from $458.34 on the first trading day of the year to $297.38 in late July.
Money Matters: Federal Reserve rate hike impact
The Federal Reserve raised interest rates last week for the first time since 2023, a move aimed at fighting inflation. Financial expert Barry Bigelow says the impact will depend on whether you’re borrowing money or saving it.
The Federal Reserve raised interest rates last week for the first time since 2023,
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Read MoreThe Burst
Market Commentary: Is $1 Billion A Year Enough?
Imagine I could reveal to you a stock that generates a cool $1 billion of income a year on revenues of $4.4 billion? That’s right a company that is so profitable it regularly reports 10-figures of profits, and now what if I told you the market values it at less than 1x sales, would you be interested?
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Read MoreThe Ivy
Champion Trader Buys NEW Breakout
An old Buffett adage goes something like this “we don’t have to be smarter than others, we have to be more disciplined” and what’s true for the investing world goes for the trading world too.
In that realm, champion traders have to watch stocks like a hawk. Waiting for the precise moment for breakouts to occur and then pouncing on them when they do.
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