China is playing a different game when it comes to AI

Iran is losing leverage over the Strait of Hormuz as oil exports recover under the protection of the U.S. military, but the Islamic Republic is unlikely to stand by and watch while its own economy crumbles. This past week, JPMorgan said Middle East crude exports reached about 17.5 million barrels per day, or 98% of…

With just days until Europe’s Markets in Crypto-Assets (MiCA) regulations take full effect on July 1, Binance finds itself without the license needed to continue operating across the EU. The setback has triggered a scramble among licensed exchanges to win over its customers with bonuses, promotions, and cash incentives. Binance founder Changpeng Zhao criticized the…

MGM Resorts: Vegas Weakness Hurts Earnings, But Valuation Keeps Us Bullish

China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

This agreement represents a deepening of the relationship between Ripple, a provider of blockchain solutions across traditional and digital finance, and Brevan Howard, a global alternative investment manager specializing in global macro and digital assets, according to the release. It also reflects growing demand from investment managers for prime brokerage solutions across traditional and digital…

Banks and fintechs rely on each other in many ways, but this hasn’t stopped both sides from jockeying for top-of-wallet status. At the heart of this complex relationship is data. As the open banking model has proliferated, banks have shared customer-permissioned data with third-party providers in exchange for a range of digital services that were…