Soccer-Trump back in World Cup spotlight after starring role in tournament’s controversies

Acting US Attorney General Todd Blanche faced backlash Wednesday over the Justice Department’s (DoJ) enforcement of crypto-related crimes and other actions as President Donald Trump’s former personal attorney appeared before a Senate hearing considering his nomination to lead the agency. The ranking Democrat, Senator Dick Durbin, used part of his opening statement at the Senate…

Despite obstinate inflation and higher-for-longer interest rates, consumers continue to open their wallets and spend. But how they spend is another story. While physical stores struggle with rising operational costs, consumers are doubling down on digital channels. To capture this massive tailwind via retail ETFs, many investors default to buying market-cap-weighted indexes, which inevitably leaves…

Wall Street banks have high hopes for SpaceX, but at the moment, shares of Elon Musk‘s rocket market appear to be earthbound. Many of the investment firms that underwrote SpaceX’s initial public offering issued their first research notes about the company Tuesday, and almost all recommended that investors buy the stock and forecast it to…

Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day. Key points: Bitcoin sees copycat bullish price action as US inflation data cools for a second day running. Risk assets get a more positive outlook as Fed rate-cut odds drop. Traders stay conservative over Bitcoin’s ability to continue…

Banks should keep watch over frontier artificial intelligence models as much as they look out for rogue traders, fraudsters and hackers, a leading quant says. Alexander Sokol, founder of risk management technology company CompatibL, said agentic AI presents a new type of risk in which the adversary – though a computer model – hides its…