Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.
Nik Storansky, CEO and co-founder of top digital bank Revolut, allegedly skipped out on paying a broker’s fee for a megayacht. This is according to a report by WSJ.com, which states that a yacht broker, Cecil Wright & Partners, is suing Storansky for avoiding a $20 fee on a $400 million yacht. The broker claims…
The leadership and objectives of Kevin Warsh’s five Federal Reserve task forces to advance the conduct of monetary policy were announced Thursday by the central bank. Warsh announced the task forces on June 17 after the FOMC’s recent meeting. “The Federal Reserve’s commitment to price stability and maximum employment is unwavering. As is our resolve…
Welcome to post-Iran-War 2026. The only real relief for bonds since then was seen in June when there was hope that the war was over or at least winding down. Gas prices are back to multi-year highs. Inflation fears are back at the forefront. Even the ECB is flagging rate hike risks that could play…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 08, 2026 Minutes of the Federal Open Market Committee, June 16-17, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of…
Robinhood’s event-contract revenue increased more than tenfold year on year to $156 million in the second quarter of 2026, making the product its fastest-growing disclosed transaction category. Event contracts generated more revenue than equities and cryptocurrencies during the quarter, although options remained the largest disclosed trading category. Activity also reached a quarterly record, with 13.6…
Minutes Item 1. Introduction & Minutes of last meeting The Co-Chair welcomed members of the Committee to this hybrid meeting (the first of 2026) and noted that the minutes of the last UK Money Market Code Sub-Committee (Code Sub-Committee) meeting (held on 3 December 2025) are on the Bank’s website. The Co-Chair also noted that…