A housing bill provision blocking Federal Reserve CBDC issuance until 2030 takes effect despite Trump’s refusal to sign. A provision barring the Federal Reserve from issuing a central bank digital currency (CBDC) or similar digital asset until December 31, 2030, will becom
Private equity firm Warburg Pincus and Abu Dhabi Investment Authority near deal for rare-disease pharmacy PANTHERx Rare. Private equity firm Warburg Pincus is finalizing a deal to acquire specialty pharmacy PANTHERx Rare for more than $7 billion, including debt. The acquis
The index rises 0.26% despite renewed US-Iran tensions, reflecting diminishing market sensitivity to geopolitical risks. The Dow Jones Industrial Average climbed to 52,609 on Friday, erasing earlier losses to trade up 0.26%, as investors largely shrugged off the collapse o
U.S. government digital dollar set to be banned tonight under housing law's CBDC limit Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it
The Federal Reserve told lawmakers it "will deliver price stability" amid higher inflation in the central bank's semi-annual Monetary Policy Report to Congress, released Friday. The semiannual monetary policy report comes as Fed Chairman Kevin Warsh is set to testify befor
Renewed U.S.-Iran strikes have revived the Middle East risk premium, lifting Brent above $76 as traffic through the Strait of Hormuz slows and supply disruption fears return. Friday, July 10, 2026 The return of the Middle Eastern geopolitical risk premium has lifted global
A bipartisan housing bill including a multi-year CBDC ban will become law at midnight unless Trump issues a veto. President Donald Trump announced he will not sign a bipartisan housing bill that includes a temporary ban on U.S. central bank digital currency issuance. The l
New stock and bond supply may drain liquidity from equities, outweighing geopolitical risks as a market threat, CNBC reports. Jim Cramer identified a surge in stock and bond issuance as a greater threat to the bull market than escalating U.S.-Iran tensions. The influx of n
WTI crude falls 0.36% to $71.84 after Trump declares ceasefire over but confirms continued negotiations with Iran. Oil markets showed muted reaction after former President Donald Trump announced the end of a ceasefire with Iran while confirming ongoing talks. WTI crude set
Geely-owned Polestar's second quarter retail sales dropped 4% year-on-year, coming just days after the Geely-backed EV maker confirmed it would be excluded from the US market starting with the 2027 model year. The company delivered an estimated 17,296 vehicles in the secon
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