Zero Hedge
Life After AI: Where The Money Is Now Moving -
Life After AI: Where The Money Is Now Moving
Submitted by QTR's Fringe FinanceAs I write this Thursday morning, Dow futures are green while Nasdaq futures are down roughly 0.5%. It’s a small but interesting divergence, and one that supports something I’ve been predicting for a while now: a rotation away from speculative technology and AI-related investments and toward established b...
The Bank Tied To Paraguay's President Just Collapsed, And Depositors Are In The Streets -
The Bank Tied To Paraguay's President Just Collapsed, And Depositors Are In The Streets
Paraguay's central bank seized Ueno Bank on Tuesday, locking an estimated 3 million customers out of their money and setting off street protests and an impeachment bid against President Santiago Peña. The central bank's board voted unanimously late Monday to put the digital lender into "resoluti...
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar -
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar
In a significant albeit underreported development for global energy, and for the US-Iran standoff in the Persian Gulf, Iranian parliament has this week announced it is exempting several key trading partniers from its oil transit restrictions in the Strait of Hormuz.The move was first unvieled Tuesday by Ahmad...
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5% -
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5%
For the first time in 1,190 days, the Bank of England has raised interest rates.On Thursday the BoE's Monetary Policy Committee voted 8-1 to lift Bank Rate by 25bps to 4.00%, the first hike since August 3, 2023, when the BoE topped out at 5.25%. And the lone dissenter was ...
Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes -
Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes
Nike's rally from roughly $34 a share in October to above $40 by midweek has done little to ease Wall Street analysts' skepticism about its turnaround strategy.Earlier this week, UBS analyst Pilar Rocafort told clients, "It's still not time to buy Nike." Truist Securities reinforced Rocafort's caution on the stock in ...
'Low Hire, Low Fire, Low Inspire': Claims Hit 57 Year Lows, Sentiment Still Sucks, And Payrolls Are Next -
'Low Hire, Low Fire, Low Inspire': Claims Hit 57 Year Lows, Sentiment Still Sucks, And Payrolls Are Next
Another week, another print showing that American employers still refuse to fire anyone in any meaningful numbers. Initial jobless claims remain parked near multi-decade lows, plunging to 189k this week (after recent weeks in the mid-to-high 190,000s), confirming that the 'low f...
Hakeem Jeffries Claims Impeachment And Getting Even With Trump Aren't Priorities -
Hakeem Jeffries Claims Impeachment And Getting Even With Trump Aren't Priorities
House Minority Leader Hakeem Jeffries (D-NY) told reporters Wednesday morning after Democrats swept the midterms and won majorities in the House and Senate that no House Democrat has raised the subject of impeaching President Donald Trump with him.
Jeffries speaks during a press conference (Credit: Ro...
Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE Hikes -
Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE Hikes
US futures are mixed, with the Nasdaq lagging as the post-midterm rotation out of chipmakers and the AI complex enters a second day, after the Democratic sweep raised fears of a data center backlash, Qualcomm tumbled on a weak forecast and the Kospi crashed almost 6%, while oil rebounded modestly from Wed...
Brent On Track For Worst Week Since COVID, But UBS Warns Bears: "Fundamentals Still Provide A Floor" -
Brent On Track For Worst Week Since COVID, But UBS Warns Bears: "Fundamentals Still Provide A Floor"
Brent crude futures are on track for their largest weekly decline since the week ending April 24, 2020, during the early COVID-19 pandemic era, on the prospect that a Democratic sweep could end the US-Iran conflict.UBS energy expert Dominic Ellis wrote in a note earlier that the co...
Epstein-Linked Billionaire Just Sued The Congressman About To Run The Oversight Committee -
Epstein-Linked Billionaire Just Sued The Congressman About To Run The Oversight Committee
Billionaire Leon Black filed a federal defamation suit Wednesday against Rep. Robert Garcia (D-CA), the top Democrat on the House Oversight Committee, accusing him of lying about Black's ties to Jeffrey Epstein. The complaint, filed in the Southern District of New York, seeks $7.25 million in ...
MarketWatch - Top Stories
Three things that explain what’s changing with Obamacare in 2027 -
Affordable Care Act premiums are increasing again, and these plans have new rules.
My wife cried when I found out she had only $80,000 in her 401(k). I have $2.2 million. Am I wrong to be shocked? -
“When I brought up retiring last spring, she said she was ready whenever I was, and I took that to mean we were in good shape.”
Qualcomm’s stock falls as twin forces pressure sales -
Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.
‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing Roth conversions? -
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.”
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategist -
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.
‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me? -
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.”
Robot maker Agility starts trading today — but its steep losses are raising red flags -
Agility is going public via a SPAC merger that one executive says will give it a “first-mover advantage.”
Interest rates could go ‘significantly higher’ if oil prices keep climbing — even if the Iran war ends soon -
Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.
The real test for the artificial-intelligence buildout is what happens in 2028, analysts say -
JPMorgan’s Michael Cembalest is worried about data center build-outs following midterm elections, and he’s looking two years ahead.
An Anthropic IPO when the AI trade is this turbulent? Godspeed! -
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificial-intelligence spending.
CNBC Top News
CNBC Economy
GATA
Central banks accelerated gold buying in Q3, WGC says -
By Giulia PetroniThe Wall Street JournalTuesday, November 3, 2026
Central banks stepped up gold buying in the third quarter to its fastest pace since late 2024, as geopolitical risks and concerns over fiscal discipline bolstered institutional demand for the precious metal.
The institutions added a net 321 metric tons to their reserves in the period, driven by portfolio diversification and risk ...
India's tax hike drives illegal gold imports to three-year high -
By Yihui Xie and Preeti SoniBloomberg NewsTuesday, November 3, 2026
India's illegal gold imports surged to the highest since 2023 in the third quarter as a government duty hike spurred use of unofficial channels, according to a report from the World Gold Council.
Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier, the producer-funded gr...
Tokenized gold bars to advance Hong Kong's ambitions as digital, metal trading hub -
By Xinmei ShenSouth China Morning Post, Hong KongTuesday, November 3, 2026
https://www.scmp.com/business/banking-finance/article/3373071/tokenised-gold-bar-advance-hong-kongs-ambitions-digital-metal-trading-hub
Hong Kong's plan to start an interbank tokenized gold transaction project marks a crucial step in its quest to make itself a key global hub for the precious metal, according to analysts....
China's government calls meeting on supporting stock market, reports say -
From Bloomberg NewsSunday, November 1, 2026
China's central bank and its securities regulator will hold a meeting on Monday to discuss the use of tools designed to support the country's capital market, according to local media.
The People's Bank of China will meet with the National Financial Regulatory Administration, China Securities Regulatory Commission, and major banks to study how to impro...
Alasdair Macleod: Bullion banks preparing for higher gold and silver prices -
By Alasdair MacleodGoldMoney, TorontoFriday, October 30, 2026
Despite extremely negative sentiment, large flows of bullion continue to leave Western markets, and bullion banks appear to be positioning themselves for higher prices.
This week saw gold move sideways, while silver dips towards historic peaks at $50. But quietl, there appears to be a move of bullion into stronger hands. Silver’s ope...
Wolf Street
CoinDesk
Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push -
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.
Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults -
A $19 billion data-center agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.
Binance cuts SignalPlus access after security warning, urges users to check accounts -
The exchange says its systems are unaffected but has removed trading connections to the third-party platform as a precaution.
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns -
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote.
Bitcoin is resilient, but leverage is missing and demand still tepid -
Your day-ahead look for Nov. 5, 2026
Bitcoin miners are oversold following 35% October rout, VanEck says -
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade.
Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates -
Revenue fell to $63.4 million in the third quarter and missed analysts’ forecasts as bitcoin production declined and higher summer electricity prices pushed mining costs up.
Bitcoin holds above $80,000 after Wednesday’s jump as injective rallies on staked ETF listing -
Bitcoin slipped 0.2% to around $80,250 since midnight UTC, holding above $80,000 after Wednesday’s jump, as spot ETFs ended a three-day outflow streak.
Live updates: Bitcoin edges lower as markets cool following yesterday's rally -
There's been no letup in selling of the AI chip stocks, sending Nasdaq 100 futures nearly 1% lower.
Mercado Bitcoin hack continued hours after exchange said attack was contained, report finds -
The same attacker took about $391,000, mostly from wallets Bitquery ties to BitMart, whose founder confirmed a Nov. 2 hack and suspects a link.
bitcoin.com
Binance Revokes Signalplus API Access Days After $6.34B Hack -
Binance revoked all API keys linked to Signalplus on Thursday, Nov. 5, 2026, after the third-party trading platform reported a potential security issue. The exchange said its internal systems were unaffected, and customer funds remained safe. The precaution comes just one week after the Binance $6.34 billion hack on Oct. 29, when attackers reportedly compromised […]
EVM Chains Could Add Post-Quantum Security Before Ethereum 2029 -
In a research paper shared exclusively with Bitcoin.com News, Quantus CEO Christopher Smith argues that EVM-compatible chains can offer optional post-quantum transaction security without waiting for Ethereum’s wider roadmap. Quantus Maps Faster Post-Quantum Path for EVM Accounts EVM chains may not need to wait until the end of the decade to begin protecting user accounts […]
South Korea Pushes Implementation of Crypto Income Tax to 2029 -
South Korea plans to delay its 22% tax on cryptocurrency gains by another two years, moving the planned implementation date from 2027 to 2029. South Korea plans to delay its planned capital gains tax on cryptocurrency by another two years to 2029, the government announced Nov. 4, citing the timeline for international data sharing and […]
Why Major US Companies Are Pushing Back Against Stock Tokenization: MEXC CEO -
Equity tokenization is rapidly evolving into a multi-billion-dollar sector as global investors seek relief from legacy market inefficiencies like rigid hours. According to MEXC CEO Vugar Usi Zade, the shift is primarily driven by changing capital dynamics and accessibility. Unlocking Idle Stablecoin Capital Equity tokenization is rapidly transitioning from a niche blockchain experiment into a [...
A Man Bought an Old Photo Album for Under $100. Inside Was the Oldest Known Baseball Card -
A man antiquing in Baileyville, Maine, bought a photo album alongside old Coca-Cola bottles and a couple of oak chairs for under $100 at a yard sale. Inside was an 1865 photograph of the Brooklyn Atlantics mounted on a card, which the Library of Congress has called the first dated baseball card, later selling at […]
Reason
The Death of Religion? -
A new book challenges the narrative of religious decline in the US
Lawprof's First Amendment Case Against Univ. of Kentucky, and a Case's "Journey so Circuitous it Would Make a Baggins Blush" -
From Judge Benjamin Beaton Tuesday in Woodcock v. Capilouto (W.D. Ky.): Ramsi Woodcock, a tenured University of Kentucky law professor,…
The post Lawprof's First Amendment Case Against Univ. of Kentucky, and a Case's "Journey so Circuitous it Would Make a Baggins Blush" appeared first on Reason Magazine.
Today in Supreme Court History: November 5, 1917 -
11/5/1917: Buchanan v. Warley decided.
The post Today in Supreme Court History: November 5, 1917 appeared first on Reason Magazine.
New Democratic Senate Spells Doom for Trump's Judicial Nominees -
The Senate's new Democratic majority is unlikely to approve any Republican judges.
Brickbat: Who's Watching? -
The British government is considering a plan to expand the BBC television license fee to cover people who watch content…
The post Brickbat: Who's Watching? appeared first on Reason Magazine.
Open Thread -
What’s on your mind?
"The Time, the Opportunity, and the Need to Reclaim the Republican Party from Trump and Trumpism" -
I thought I'd pass along this smart and readable analysis from Bill Otis (Ringside at the Reckoning); as I've mentioned…
The post "The Time, the Opportunity, and the Need to Reclaim the Republican Party from Trump and Trumpism" appeared first on Reason Magazine.
Don't Expect a Lame-Duck Supreme Court Vacancy (But There Are Other Nominations to Consider) -
Both the NYT and Bloomberg reports that Justice Alito still intends to finish out the current Supreme Court term.
Trump and MAGA Lost, but Big Government Notched Another Victory -
There's no reason to think the state will shrink, which is really bad news.
When You Investigate Trump's Corruption, Don't Make Collateral Damage of the Corporate Bystanders -
The incoming majority should investigate the president's alleged misbehavior, not threaten businesses simply for doing business with him.
Tenth Amendment Center
This isn’t an Instruction Manual. It’s a Warning. How Empires Fall. -
Collapse is self-inflicted: Benjamin Franklin knew the pattern all through history. In 1773, he wrote a masterpiece of biting satire - 20 rules for how a great empire destroys itself from within by making its own people see it as detestable. It was supposed to be a warning, but London completely ignored it and paid the price. Once you hear his “rules,” judge for yourself. Is this just another h...
Lost Cause: The Federal Government will Never Limit Itself -
Going to the federal government to convince the federal government to limit its own power? That’s not just dumb strategy and a lost cause. It’s dangerous to the Constitution and liberty. On this episode, it’s James Madison’s blueprint for beating the feds without relying on the feds to magically limit their own power. Plus the right to keep and bear arms as the ultimate safeguard for freedom.
T...
The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. -
That means the rules of the constitution apply whether someone calls it an “emergency” or not. On this episode, it’s the founders’ long-forgotten warning about the oldest weapon in the book. Let politicians have extra power or funding because THEY declare an emergency? And you’ll get never-ending emergencies.
The post The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. a...
Electronic Frontier Foundation
We’re Asking the Ninth Circuit to Hold Reverse Location Warrants Categorically Unconstitutional -
Yesterday, along with the ACLU, EFF filed an amicus brief in the Ninth Circuit court of appeals in United States v. Spurlock, a case involving a “tower dump” warrant. These overbroad warrants require cellular providers to turn over location data about every phone in a given area at a given time. This is the first such case to be heard by a federal appeals court since the US Supreme Court ruled ...
Google Summaries Aren't About AI, They're About Lock-In -
Whether they call it AI summaries, knowledge panels, or AMP, Google takes actions that are less about functionality and more about locking you into its own ecosystem. Knowing that makes it possible for all of us to choose better services than Google's, defeating their anticompetitive goal. In this case, as it is so often, knowledge is power.
In the old days, when dinosaurs roamed the earth an...
Postal Service Surveilled Protest Activities Online With Little Rules, Oversight -
The U.S. Postal Service used social media surveillance to monitor and report on protests across the political spectrum, government records show.
The records, disclosed to EFF and other requesters suing the postal service under the Freedom of Information Act, show that the agency’s internet Covert Operations Program, or iCOP, routinely sifted through social media posts organizing and discussing ...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
A Message to the Gun Owners in America -
This election didn’t go the way we expected, but we’re still here… We all saw what happened yesterday. It was a horrible political bloodbath. But while we may have lost a lot of battles, we have not lost the war. We’re going to have a lot more to say about this in the coming days and weeks, but for now … Read more
FL District 14: Vote for Mike Beltran—Send a Second Amendment Fighter to Congress. -
Vote for Mike Beltran for Florida’s 14th Congressional District Gun Owners of America and Fuerza 2A proudly endorse Mike Beltran for Congress in Florida’s 14th Congressional District—and we’re asking you to vote for him on November 3. Washington needs representatives who will defend the Second Amendment when it counts. Mike Beltran has earned an A+ GOA rating and a 100% … Read more
FL District 13: Vote Anna Paulina Luna—GOA Endorsed. A+ Rated in Congress. -
Vote for Anna Paulina Luna for Florida’s 13th Congressional District Gun Owners of America proudly endorses Anna Paulina Luna for reelection to Congress in Florida’s 13th Congressional District—and we’re asking you to vote for her on November 3. Luna has earned an A+ GOA rating for standing up for the Second Amendment. Congress makes decisions that affect your ability to … Read more
Banking Dive
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases