Real-time coverage and AI-synthesized updates on money stories.
China's CSI 300 entered a bear market on October 22, 2026, dropping 2% to cap a 20% decline from its June peak, while bitcoin retreated toward $82,000 amid a broad regional selloff.
France is barreling toward a sovereign debt crisis as government borrowing costs soar to near 25-year highs following a 5.1% budget deficit in 2025.
France is considering a 31.4% tax on regulated stablecoin swaps under its 2027 budget, prompting industry warnings that traders will move offshore.
JPMorgan strategists warn that the current AI stock sell-off lacks the retail buying, short squeezes, and corporate buybacks that fueled July's rapid V-shaped recovery.
A packed week of U.S. inflation data, Ethereum developer calls, token unlocks, and major governance votes awaits markets for the week of October 12, 2026.
Financial leaders meeting in Bangkok and Singapore warn that artificial intelligence threatens global labor markets, urging governments to turn emergency-style hiring subsidies into permanent structural policies.
Citi's quantitative strategy team has shifted to an underweight stock position, warning of macroeconomic parallels to the late 1970s stagflation era.
Robinhood has added $25 million in bitcoin to its corporate balance sheet, joining a growing cohort of public companies holding crypto assets.
Media mogul Tyler Perry has listed his 22.5-acre Beverly Hills estate for $57 million as part of a broader real estate sell-off and plans to relocate to Puerto Rico in early 2027.
Hana Bank has issued South Korea’s first $100 million foreign-currency digital bond using Euroclear's blockchain, achieving same-day settlement.
Novo Nordisk shares dropped sharply following its London investor day as management outlined long-term targets to launch new drugs and reach 60 million patients by 2030.
A wave of mid-2026 surveys reveals that over 40% of Americans expect to work until they die, driven by persistent inflation, mounting debt, and a widening retirement wealth gap.
Despite Treasury Secretary Scott Bessent doubling liquidity support buybacks, the 30-year Treasury yield hit 5.24% as the national debt reached a record $40 trillion.
President Donald Trump has proposed a $5,000 dividend to every adult U.S. citizen, contingent on Republican victories in the November midterm elections, a plan estimated to cost over $1.2 trillion. The proposal faces scrutiny over funding and its potential impact on national debt and inflation.
U.S. employers added 162,000 nonfarm jobs in August, nearly triple consensus expectations, pushing up Treasury yields and increasing the probability of a Federal Reserve rate hike in September. Bitcoin reacted by falling below $80,000, though it saw a partial recovery.
Joy Behar, host of 'The View,' has sold her Sag Harbor Hamptons home for $5.65 million, a substantial $5.3 million reduction from its initial asking price, yet still netting her a $900,000 profit since her 2016 purchase.
Global oil benchmarks reached near seven-week highs this week following Iran's announcement of plans for an "exclusion zone" in the Strait of Hormuz, escalating tensions with the U.S. and raising concerns over crude supply.
Goldman Sachs has swiftly reversed its recent oil price cuts, now forecasting higher crude prices for 2026 and 2027, with Brent potentially exceeding $120 per barrel in an upside scenario driven by persistent Middle East shipping disruptions.
Anonymous Cat (ZCAT), a Solana-based memecoin, has distributed approximately $2.8 million worth of Zcash (ZEC) to its holders as ZEC's price surged over 2,300% in the past year, topping $1,200.
Deutsche Bank has downgraded Novo Nordisk (NVO) to a "Sell" rating, citing concerns over growth prospects and recent trial setbacks, adding pressure to shares already down 70% from their 2024 peak.
RUM Group Inc. has announced a massive $13.7 billion, six-year contract for GPU services, sending its stock up significantly despite the company disclosing it lacks the necessary financing to fulfill the agreement. Trump Media & Technology Group also saw a minor uptick.
President Donald Trump suggested in April 2026 that states should fund Medicare and Medicaid, a move experts say would fundamentally dismantle the national program and create significant disparities for older Americans.
Net Power Inc. has signed two new agreements for its Project Permian in West Texas, including a significant equipment acquisition that will boost the project's first-phase power generation capacity to nearly 200 megawatts. This move underscores the company's "power-first strategy" amid global energy supply chain shifts.
US spot Bitcoin Exchange-Traded Funds attracted $3.52 billion in net inflows in August 2026, marking their strongest month of the year and the best performance since late 2025. This surge was highlighted by a nine-day streak of consecutive inflows.
