China factory-gate inflation heats up as commodity costs rise, CPI lags forecasts

Crypto.com said Thursday that it has secured a strategic $400 million investment from Citadel Securities, valuing the company at $20 billion in what is the first institutional funding round in its decade-long history. The investment comes as the crypto industry undergoes rapid institutionalisation, with digital assets increasingly serving as fundamental infrastructure for capital markets.  The…

WHO unsure what caused pneumonia that killed plague-lab worker in Russia

That is why capacity matters more than speed. If AI can take routine work off an advisor’s desk, the real value is not the minutes saved. It is what those minutes allow the advisor to do: hold clients accountable to the decisions they have made, build trust over years rather than transactions, and help people…

The latest wave of bank charter activity is producing institutions that may share a federal regulator while bearing little resemblance to one another. Revolut wants a national bank that could take insured deposits, offer credit cards and make loans. Circle has received final approval for a national trust bank built around digital-asset custody and USDC…

By Sydney Maki (Bloomberg) — A deepening global bond selloff sent the U.S. benchmark yield to the highest since early 2025, as thin August trading met investors wary of inflation and a deluge of corporate debt supply.  U.S. Treasuries slid further on Tuesday, pushing yields higher by one to two basis points across maturities. The…