Federal Reserve

Coinbase and Circle fall 10% as CLARITY Act fails. Their stablecoin income runs on rates

Coinbase fell 10.1% to $172.11 and Circle Internet Group fell 11.5% to $86.25 on Tuesday after the Senate voted 49-50…

1 month ago

Social Security COLA 2027 forecast: September’s gas spike tilts it toward 3.6%

The 2027 Social Security cost-of-living adjustment is two-thirds decided, and the last third is being set at the gas pump.…

1 month ago

10-year Treasury yield hits 5%, a 19-year high, and AI’s borrowing bill goes up with it

The 10-year Treasury yield rose above 5% on Tuesday morning and touched 5.04%, its highest level since 2007, as oil…

1 month ago

Nasdaq futures drop 1.2% at Sunday open, twice the S&P 500, as oil tops $103

U.S. stock futures opened lower on Sunday evening, and the selling was heaviest in the index most tied to artificial…

1 month ago

Bitcoin’s golden cross now has to survive a Fed rate hike

The price of long-term money has already undone the trade that lifted Bitcoin. The 30-year Treasury yield closed at 5.37%…

2 months ago