A Delhi resident was injured after a dispute over overtaking escalated into a road rage incident in Gurgaon. Two men chased his car, surrounded it at a traffic signal, and smashed its windows before fleeing. Police arrested two suspects.
Bitcoin-linked digital-credit products, designed for income, experienced significant volatility and price drops due to leveraged investors facing margin calls. Issuers like Strategy and Strive saw their preferred shares slide, highlighting risks in the nascent market.
Amazon's $8 billion investment in AI startup Anthropic is now worth $74.2 billion on paper, reflecting Anthropic's meteoric rise in valuation. The partnership also includes cloud infrastructure services and AI chip commitments.
China's Academy of Sciences has launched a new research program focused on low-altitude hypersonic flight technology, potentially leading to new weapons that could challenge the US Navy. The program aims to overcome challenges like extreme heating and electromagnetic disturbances.
Saharan dust storms are increasingly intense, depositing microorganisms over Europe. A study in Portugal found bacteria in dust that could act as natural fertilizers, potentially benefiting crop growth, especially in vineyards.
Traders showed significant bearish interest in the iShares iBoxx High Yield Corporate Bond ETF (HYG) on Thursday, with put volume five times that of calls. An investor spent $1.3 million on 20,000 Jan. 27 75-strike puts.
Aidan O’Brien achieved a historic milestone by becoming the first trainer to saddle 100 Royal Ascot winners with Scandinavia's victory in the Gold Cup. The win also marked a generational shift as the eight-year-old Trawlerman was defeated by the four-year-old Scandinavia.
Strategy's STRC preferred stock, offering double-digit yields, is experiencing significant volatility, causing a rift among investors. While some, like Emery Redenius, see it as a stable income source, others, like an anonymous IT worker, feel misled as the stock hits its lowest point since debut.
Treasury yields saw minimal movement Thursday following a significant jump Wednesday after Kevin Warsh's initial Federal Reserve meeting as chair. The Fed maintained its benchmark rate but signaled a more hawkish stance, removing language on future rate cuts. Warsh abstained from submitting a rate forecast, opting instead to form task forces.
Treasury yields showed mixed movement Thursday after Kevin Warsh's initial Federal Reserve meeting. The 10-year yield was flat, the 2-year rose, and the 30-year fell. The Fed held rates steady, signaling potential future hikes and removing language favoring cuts, bolstering market confidence in Warsh's approach to inflation.
The S&P 500 fell 1.2% after Federal Reserve officials indicated possible interest rate hikes to combat inflation. Despite keeping rates unchanged, the "dot-plot" showing future rate expectations spooked markets, with bond yields rising.
Treasury yields rose Wednesday after the Federal Reserve, led by Kevin Warsh, signaled a potential rate hike later this year. The 2-year Treasury note yield climbed 13 basis points to 4.178%, and the 10-year U.S. Treasury note yield rose 4 basis points to 4.465%.
US Treasury yields increased Wednesday after the Federal Reserve, under Kevin Warsh, maintained interest rates and removed language suggesting future cuts. Officials now anticipate potential rate hikes in 2026, with the median estimate for the Fed Funds Rate ending 2026 at 3.8%.
Strategy's (formerly MicroStrategy) STRC preferred stock is trading at its weakest level this year, impacting its ability to raise capital for Bitcoin purchases. The stock's decline tests investor interest in Bitcoin-linked income products amid Bitcoin's pullback and competition from rival offerings.
US Treasury yields saw minimal change on Wednesday as markets awaited the Federal Reserve's policy meeting, the first under new Chair Kevin Warsh. Investors anticipate interest rates will remain unchanged, but are keen to observe Warsh's communication style and potential views on future policy.
US Treasury yields edged higher Wednesday as investors awaited the first Fed policy meeting under new Chair Kevin Warsh. While rates are expected to hold steady, focus is on Warsh's communication and potential dovish signals, contrasting with 8 years under Jerome Powell. UK inflation eased slightly, causing gilt yields to fall.
Solstice launched its SLX token after achieving $500M TVL, prioritizing product-market fit over token-first models. The company emphasizes sustainable yield generation, risk management, and building infrastructure for institutional adoption, aiming to differentiate from past "extractive tokenomics" and cyclical market behavior.
US Treasury yields declined Tuesday as the Federal Reserve's policy meeting started. Easing inflation expectations and a provisional peace agreement between Washington and Tehran contributed to the drop in yields, with the 10-year note falling over 4 basis points.
The Iran war, marked by massive military deployments and economic disruptions, has failed to yield a clear victor, with the US, Israel, Iran, Russia, and China all failing to achieve core objectives amid thousands of casualties and soaring energy prices.
US Treasury yields remained largely unchanged Tuesday as the Federal Reserve commenced its policy meeting. Expectations for inflation and interest rate hikes have eased, partly due to a provisional peace agreement between Washington and Tehran, potentially reopening the Strait of Hormuz.
US Treasury yields remained largely unchanged on Tuesday as investors anticipate the Federal Reserve's policy meeting. Expectations for inflation and interest rate hikes are easing, partly due to a provisional peace agreement between Washington and Tehran that could reopen the Strait of Hormuz.
BlackRock has launched the iShares Bitcoin Premium Income ETF (BITA), which aims to provide investors with Bitcoin upside while generating monthly income by selling call options on its holdings. The ETF is expected to offer a mid-to-high-teens yield.
TikTok's 'Surprise Sets' feature, where users bid on items in live auctions, is facing backlash for allegedly misleading customers with high-value item lures that often result in winning cheap plushies or chargers. Following viewer complaints and WIRED's inquiry, TikTok updated its policies to ban high-value items like iPhones and gift cards from these auctions.
Michael Saylor, executive chairman of Strategy, stated that Bitcoin (BTC) does not require staking or yield mechanisms, arguing that returns should be generated through financial products built around BTC. He outlined a "Digital Asset Stack" with Bitcoin as the base for credit, money, yield, and equity structures, emphasizing its role as "pure digital capital."
