U.S. Treasury yields remained largely unchanged as investors await key July consumer price index (CPI) data, which is expected to influence the Federal Reserve's September policy decisions. The 10-year yield held at 4.682%, the 2-year at 4.212%, and the 30-year at 5.231%. Economists predict a 0.1% monthly increase in CPI and a 3.4% annual inflation rate, with core CPI expected to rise 0.2% monthly and 2.5% annually. This data is critical as the Fed assesses inflation pressures and potential rate adjustments after a pause in August.
Capital One experienced a significant 26% increase in purchase volume, highlighting strong growth in its recent franchise acquisition. In contrast, the legacy Discover card volume saw minimal growth, rising less than 2%. This disparity underscores th...
Bitcoin's mainnet confirmed its first quantum-safe transaction using StarkWare researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) method on August 26. This method replaces traditional elliptic-curve cryptography with hash-based protections to resist ...
Silver One Resources has upgraded the mineral resources at its Candelaria Project in Nevada, converting previously indicated and inferred resources on the leach pads to higher confidence measured and indicated categories. The updated resource now tot...
The Bushido Capital US Equity ETF (SMRI) receives a Hold rating from analyst Vasily Zyryanov. The fund shows a strong mix of growth at a reasonable price (GARP) and quality factors, with a low PEG ratio of 0.75 and a 5.4% earnings yield. Despite a ye...
BlackRock's head of digital assets, Robert Mitchnick, highlights the growing US federal debt exceeding $40 trillion and rising interest payments as key reasons Bitcoin's investment appeal is strengthening. He argues that as government fiscal health w...
