US Treasury yields reached a three-year high of 4.97% last week despite the Treasury's $5.1 billion bond buyback, signaling rising borrowing costs amid a $40 trillion national debt. The government now spends over $1 trillion annually on debt servicing, with President Trump's $5,000 per adult promise potentially adding another trillion to the debt. This fiscal strain limits the Federal Reserve's ability to raise interest rates further, impacting gold markets as investors weigh the risks of holding non-yielding assets. The focus is shifting from short-term rate hikes to the broader implications of America's growing debt burden.
Since September 9, 2026, borrowing USDe to convert into sUSDe and stake it on Aave has become unprofitable, as borrow rates (6.02%-6.39%) now exceed the staking yield (5.01%). This change followed a governance recommendation that raised the USDe base...
Bank of Hawaii has boosted its earnings by nearly 40% this year, driven by improved net interest margins and a strong portfolio of legacy fixed-rate assets. The bank's loan book is mostly secured by real estate with low loan-to-value ratios, reducing...
Circle announced it will discontinue the legacy version (CCTP V1) of its USDC cross-chain transfer bridge by December 1, 2026, with transfer caps starting to fall on October 31. For USDC holders on the Cosmos chain Noble, all contracts will halt by J...
Powell Industries is positioned to benefit from a $2.4 billion backlog of complex electrical equipment orders. The company's growth depends on successfully expanding its production capacity to increase revenues while maintaining profit margins above ...
A Utah mother, Kalie Robins, discovered that Meta AI surfaced sensitive personal information about her young daughters after she posted a video on Facebook. The AI revealed their names, birth details, deleted photos, and even attempted to pinpoint th...
