The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the…
These are the standout features worth checking out first. By on June 17, 2026 The biggest stories of the day delivered to your inbox. These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up. See…
Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. Summary Michael Saylor called Illinois’ new 0.2% crypto transaction tax a “Big Mistake” after it became law. Industry groups warned the tax…
At IO-AI Tech, a startup about 45 minutes north of downtown Shenzhen, China, I glimpsed a wacky new frontier of blue-collar work. Workers wearing the company’s VR headsets, handheld controllers, and motion-tracking gear remotely control humanoid robots for workplaces like factory floors and convenience stores. The company wants the robots to do useful work, like…
Key Takeaways Kevin Warsh’s Fed held rates at 3.5%-3.75% in a unanimous 12-0 vote. CPI hit 4.2% in May as energy prices lifted pressure on U.S. households. The New York Fed kept $160B RRP limits as markets await July CPI data. Fed Holds Rates as CPI Reheats The Federal Open Market Committee (FOMC) voted 12-0…
SpaceX filed a Form 8-K with the US Securities and Exchange Commission (SEC) on June 15, 2026, days after closing one of the largest US IPOs in recent memory, and the document confirms what the earlier S-1 registration statement had already flagged: 18,712 BTC remains parked on the company’s balance sheet, untouched through multiple market…
Despite the fact that AI increasingly dominates our economy (it’s hot IPO summer and we’re all just along for the ride), most Americans are not particularly optimistic about the technology’s long term impact on the country, a new study from Pew Research reveals. In fact, although a whole lot of Americans increasingly use AI in…
Bernstein has reaffirmed its buy rating on Coinbase and maintained a $330 price target after the company unveiled a series of new products designed to extend its business beyond crypto trading. Summary Bernstein maintained a buy rating on Coinbase and kept its $330 price target after the System Update event. Coinbase unveiled AI-powered trading tools,…
ShinyHunters has put the Council of Europe on the clock, claiming it stole 297GB of sensitive data and threatening to publish it unless its demands are met. The cyber extortion group says the data includes payroll records, medical information, employee data, and thousands of resumes spanning 16 years. The group has given the Council of…
Key Takeaways SpaceX could join major indexes within weeks of its Nasdaq debut. Only about 8% of SpaceX shares are currently tradeable, limiting initial index weightings. Broader index exposure could build well before SpaceX becomes eligible for the S&P 500. Fast-Entry Rules Could Put SpaceX Into Millions of Investor Portfolios Millions of investors may soon…
