In a surprising turn of events, the UK's fiscal watchdog, the Office for Budget Responsibility (OBR), released its economic forecast earlier than usual. This happened just before the finance minister, Rachel Reeves, was set to unveil her budget plans. The report, which typically comes out after the budget speech, was found on the OBR's website, hidden in an unadverti...
The U. S. Treasury Secretary, Scott Bessent, recently shared his thoughts on the Federal Reserve's approach to managing interest rates. He believes the current system is too complex and needs a major overhaul. According to Bessent, the Fed's strategy for controlling interest rates has become overly complicated and is showing signs of strain. The Fed's approach invol...
Japan is making some big changes to how it handles cryptocurrency. The Financial Services Agency (FSA) is working on a plan to treat digital assets like Bitcoin and Ethereum as financial products, similar to stocks and investment funds. This change could happen as early as 2026 and would bring a flat 20% tax on crypto gains, which is a big drop from the current rates...
The AI wave is sweeping through US markets, bringing both opportunities and challenges. Investors are rushing to tech stocks, and companies are snapping up AI tech, often at high prices. This frenzy is pushing valuations to new heights, with investors focusing more on future potential than current profits. The financial demand is staggering. By 2030, the industry mi...
Kraken, a well-known crypto exchange, just secured a massive $800 million investment. This huge sum includes a $200 million contribution from Citadel Securities, a major player in the financial world. The goal? To bring traditional finance into the blockchain era. The funding round was split into two parts. The first part was led by big-name investors like Jane Stre...
Investors who own certain iShares ETFs can expect to receive their November payouts soon. The exact dates and amounts vary depending on the specific ETF. For most iShares ETFs, except one, investors who own units as of November 19, 2025, will get their money on November 28, 2025. However, for the iShares Canadian Real Return Bond Index ETF, the payout date is a bit l...
NiceHash has introduced a new tool called Hashrate TradeView. It lets people trade computing power, or hashrate, used in mining cryptocurrencies like Bitcoin. This tool makes hashrate trading more like trading stocks. Hashrate TradeView shows price charts, trading volumes, and other market data. These features help users understand the market better. It also lets th...
Bitcoin mining companies are making big moves into AI. IREN, a major player in Bitcoin mining, just signed a huge deal with Microsoft. The deal is worth $9. 7 billion over five years. IREN will provide Microsoft with powerful GPUs from Nvidia. These GPUs will be hosted in IREN's data centers. IREN isn't stopping there. They also made a $5. 8 billion deal with Dell T...
Wall Street saw a slight dip in stock prices on Wednesday, pulling back from recent record highs. The S&P 500 fell by 0. 6%, while the Dow Jones Industrial Average dropped by 211 points, or 0. 5%. The Nasdaq composite also took a hit, down by 1. 2% as of early afternoon trading. Netflix was a major drag on the market, with its stock plummeting by 10. 2% after report...
Argentina's financial landscape took an unexpected turn. The government revealed plans to repurchase some of its debt. This strategy aims to reduce the country's borrowing expenses. On Monday evening, Argentina's dollar-denominated bonds experienced a significant increase in value. Specifically, bonds due in 2035 surged, trading above 57 cents on the dollar, accordi...