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Author: Leslie Stewart
The Crypto Treasury business has become an attractive strategy for US-class companies, becoming a class of EU and Japanese companies. Investors will reward companies with crypto-holdings as direct purchases become much more inconvenient due to regulations on crypto-bearing. But play for businesses is concentrated between people who are slow to grow their business and those who have reserves that can be deployed. The first success story draws in different categories of companies that fund crypto assets through stocks or debt. Latecomers face additional risks from leverage in the event of a recession. Large companies have the concept of entering the…
Israeli forces have launched airstrikes against Iran, two U.S. officials said Thursday evening that it was a dramatic escalation that would raise the possibility of an all-out war with the country and widen long-term regional conflict.Officials said there was no U.S. involvement or support.Israel confirmed it had begun a strike in Iran and declared a state of emergency early local time.”Following Israel’s preemptive attack on Iran, missile and drone attacks on Israel and its civilians are expected in the near future,” the Israeli Defense Minister said in a statement early local time. The move appeared to be a key break…
Shoppers browse frozen food cases on Winco.Joe Jaszewski | Idaho Politicians | Tribune News Service | Getty ImagesDespite widespread fears to the contrary, President Donald Trump’s tariffs have not appeared in any of the traditional data points measuring inflation.In fact, separate measurements of consumer and producer prices this week were totally benign, as the index from the Bureau of Labor Statistics showed prices rose just 0.1% in May.The fear of inflation is over, right?On the contrary, the coming months are expected to show price increases due to Trump’s desire to ensure that the US is shaking just with its global…
London, UK – March 26, 2025: British Prime Minister Rachel Reeves leaves 11 Downing Streets ahead of the release of a spring statement in the House of Commons in London on March 26, 2025 (Photo credits should read Wiktor Szymanowicz/Future Publishing via Getty Images)wiktor szymanowicz | Future Publishing | Getty ImagesThe UK government plans to increase public spending, but market watchers will inflate the annual interest payments of $143 billion in annual interest, warning the proposal that there is a risk of sending anxiety through the bond market.UK Finance Minister Rachel Reeves announced Wednesday that the government will inject billions…
INDIANAPOLIS – Earlier in the second quarter of Game 3 of the NBA Finals, the Indiana Pacers’ home cloud was a little calmer. After leading almost the entire first quarter, the Oklahoma City Thunder began their second quarter with an eight-point advantage. This is a modest continuation from Game 2, when the Thunder led in the final 38 minutes of play. Despite being his first final game in Indiana in 25 years, the arena energy was declining. But then TJ McConnell went to work.In the first three minutes and 52 seconds of the second, Indiana made a 15-4 run and…
A container ship at the port of Felixstwe, Felixstwe, UK, on Wednesday, April 9th, 2025. Bloomberg | Bloomberg | Getty ImagesBritish goods exported to the US fell by £2 billion ($2.7 billion) in April.The UK exporting nation’s value is the lowest at £4.1 billion since February 2022, with ONS saying the shift “is likely to be related to the implementation of tariffs on goods imported into the US.” According to ONS, vehicles, chemicals and metals exports all declined.Imports into the UK into the US fell to £4.7 billion that month at £400 million, and Washington returned to its trade surplus…
Senator Rand Paul said he was “not invited” to the annual White House picnic, where Congressional members and their families typically attend, and framing the move to reporters Wednesday in retaliation against key elements of President Donald Trump’s agenda.”I think they’re going to punish me because they’re afraid of what I’m saying. I can’t go to a picnic. “So, in a way it’s stupid, but this is really sad that it’s coming. But such petty vindictivesing is dealing with you.Paul said the president attended a picnic hosted by Biden and Obama and called the White House early today to secure…
The US Treasury will be seen in Washington, DC on January 19, 2023.Saul Roeve | AFP | Getty ImagesThe US government drifted further into red ink in May, exacerbating the burgeoning debt and deficit issues, the Treasury reported Wednesday.After running a short-lived surplus in April thanks to tax season receipts, the deficit totaled over $316 billion for the month, bringing its total of $1.36 trillion year-over-year.The annual tally was 14% higher than a year ago, but the total in May 2025 was 9% lower than the shortfall in May 2024.The surge in fiscal costs has once again been a major…
US Vice President J.D. Vice President J.D. Vance speaks on May 1, 2025 during a tour of Nucor Steel Berkeley in Huger, South Carolina, USA. Kevin Lamarck | ReutersPresident Donald Trump and Vice President JD Vance are currently double-repeated the Federal Reserve system to get lower interest rates.In a social media post on X’s Wednesday morning, Vance urged his boss to ease monetary policy after the latest inflation measurements showed tariffs weren’t putting a significant upward pressure on inflation.”The president has been saying this for a while, but that’s even more clear: the Fed’s refusal to cut interest rates is…
Opinion: Dr. K, co-founder of Quai NetworkBitcoin was meant to allow people to opt out of the state-centric money system, but the blockchain industry has since lost its way. Today we pose threats with government threats and blockchain solutions that prioritize scalability and performance over decentralization. The rise of networks such as Ethereum and Solana is certainly attractive, but these blockchains form core values in exchange for ease of use and adoption of institutions. To achieve the mission that Satoshi has begun, we need to return to the original money spirit of Bitcoin.Invariance is the kingWith a fixed supply of…