Kansas City Federal Reserve President Jeff Schmid said Tuesday that monetary policy is not restrictive and that returning inflation to 2% will require tighter policy. His remarks came less than a week after the Fed held interest rates at 3.50%-3.75%, a decision that three officials opposed, favoring a quarter-point
US prosecutors have charged three Missouri men for allegedly joining a 2024 plot to rob a Connecticut man of hundreds of millions of dollars in stolen Bitcoin (BTC) by threatening his family. The US Attorney’s Office for the District of Connecticut announced the indictment on August 4. Sedric Louis, 32, John Davis,
MEXC, a pioneer in 0-fee digital asset trading, today unveiled MEXC 0808: Stock Season, the inaugural edition of its annual brand celebration centered on 0 Fees and Infinite Opportunities. Early bird registration is now open, ahead of the main campaign launch on August 8, offering participants the opportunity to
Michael Burry warned that US stocks may be near a major top and could suffer a 1987-type crash, even as the S&P 500 posted its first record close since June on Tuesday. The investor, known for predicting the 2008 housing collapse, made the call in a Tuesday Substack post titled “Trading Post August 4, 2026
The Dow Jones and S&P 500 both closed at record highs on Tuesday, driven by optimism over progress toward fully reopening the Strait of Hormuz. Crude fell roughly 5% amid diplomatic signals, easing inflationary pressure that had capped equities for months. The Diplomatic Signals Behind Wall Street’s Record Session