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View More NewsIn brief Polymarket is pricing in a 74% chance of no change at the next Fed meeting, and just 25% on a quarter-point hike. Kalshi’s September Fed-decision contract prices a 73.5% hold, with roughly $10 million wagered on the outcome. Myriad’s “Fed Decision in September?” market lists “No Change” at about 75% odds, and resolves after the September 15–16 FOMC meeting. Prediction markets are converging on the same forecast for the Federal Reserve’s September meeting: don’t expect anything to change.Polymarket’s “Fed Decision in September?” market puts the odds of no change at 74%, with a quarter-point hike at 25% and…
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The blockbuster success of Christopher Nolan’s The Odyssey has led to a massive spike in demand for Homer’s original text. At one Brooklyn book store visited by a Guardian reporter, more than a dozen different editions of the Odyssey were on prominent display. Over the last month, a staffer said, sales had multiplied “several thousand per cent.”I fear many of these new readers will come away disappointed, as the ruthless 2,800-year-old version of Odysseus whom Homer conjured is quite unlike the more modern, guilt-addled protagonist that reviewers have found in Matt Damon’s performance. As Charlotte Allen argued in this space…
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However, the proposal notes, “Treasury believes that the Act evinces a clear intent for payment stablecoins to serve as an effective means of payment…
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.…
In brief Stripe finalized an agreement to acquire OpenRouter for more than $7 billion. OpenRouter routes traffic from around 8 million developers to more…
Max Friedman studies at the University of Memphis Cecil C. Humphreys School of Law, where he has served as editor-in-chief of the University of…
AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting…
The day after Immigration and Customs Enforcement (ICE) agent Christian Castro shot Minneapolis resident Julio Cesar Sosa-Celis in the leg, Kristi Noem, then the…
Crypto markets have turned lower in morning U.S. trade on Tuesday as the idea of coming rate hikes takes a toll on risk assets.…
Asset manager Yorkville America has requested to withdraw multiple crypto exchange-traded funds applications filed on behalf of the Donald Trump-backed Truth Social after changing…
from the buh-bye dept Senator Bill Cassidy just lost his campaign for reelection to his Senate seat in Louisiana. With that, his career in…
Crypto firms are pausing long-awaited IPO plans as weak trading volumes and macro pressures weigh on valuations despite boom in AI-linked tech listings. Read…
A European regulator has partially suspended the operating license of the company behind troubled crypto exchange Zondacrypto.The Financial Intelligence Unit (FIU) of Estonia partially…
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