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.
Increasingly, Santander is leveraging global scale by focusing on and investing in global businesses – including those in retail banking. Latin America has been central to these efforts and it has seen the benefit. It was a pivotal year for Gravity, the bank’s in-house core banking cloud technology enabling post-mainframe migration. Starting with Chile, the…
Visa (NYSE: V) CEO Ryan McInerney declined to position the Open USD stablecoin as a direct competitor to Tether’s USDT or Circle’s USDC during the company’s fiscal third-quarter 2026 earnings conference call. He instead emphasized a deliberately neutral stance focused on supporting the broader stablecoin landscape rather than endorsing any single token. In response to…
Although JPMorgan recently showed that AI can outperform a 60-40 portfolio, investors are still likely to turn to human advisors during economic turmoil. Processing Content JPMorgan turned heads last week with a report suggesting that AI investing agents could beat the returns of a standard 60-40 portfolio, which allocates 60% of an investor’s assets to…
Owner-occupier-dominated suburbs have recorded up to $148,000 more in capital gains than investor-led areas over the last 16 years, with the unit market dominating growth. New data has shown that suburbs with a higher share of owner-occupiers recorded significantly stronger long-term capital growth between 2010 and 2026 than investor-heavy areas. Cotality’s new Ownership Composition analysis…
Anthropic CEO Dario Amodei says the best way to win over AI skeptics is to deliver on the hype. In a rare post on X on Saturday, Anthropic’s CEO acknowledged the public’s mistrust of AI and said the industry can only change that by delivering tangible scientific breakthroughs. “At this point, saying that AI will…
Texas Gov. Greg Abbott is pushing for a plan to constrain local government spending and tax increases. Texans for Greg Abbott Budget season is underway for big Texas cities, which are tackling shortfalls and reaping bond rating improvements, while state political pressure is building to rein in local government spending during the 2027 legislative session….