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Zero Hedge

Intel Crashes 25% As "Surprisingly Severe PC Correction" Shocks Wall Street - Intel Crashes 25% As "Surprisingly Severe PC Correction" Shocks Wall Street AI infrastructure stocks tumbled in premarket trading in New York after disappointing results from Amazon and Intel. Amazon is down about 7% following Thursday's earnings report, as cash burn surged and weak guidance spooked investors.Shifting focus to Intel, shares are down 25% in premarket trading. If los...

Ukraine Shatters Strike Pause With Major Drone Attack On Russian Oil Refinery, Defying Trump - Ukraine Shatters Strike Pause With Major Drone Attack On Russian Oil Refinery, Defying Trump Russia's sprawling Novokuibyshevsk Oil Refinery in the Samara region is on fire on Friday, after suffering what appear to be multiple and widespread hits of a Ukrainian drone attack wave, with several pillars of smoke rising high above the complex, and seen for miles.Curiously, news of the ...

Futures Slide As AI Reckoning Claims Amazon, Intel; Oil Jumps On Hormuz Tanker Hits - Futures Slide As AI Reckoning Claims Amazon, Intel; Oil Jumps On Hormuz Tanker Hits US futures slide with Nasdaq futures tumbling more than 2%, as the AI reckoning that started with Alphabet's record plunge claims two more megacaps: Amazon slides after a capex shock and the slowest e-commerce growth in three years, while Intel craters 26% after a guide that was "much weaker than ex...

Adam Carolla To The Atlantic: "F*ck Off And Eat Sh*t" - Adam Carolla To The Atlantic: "F*ck Off And Eat Sh*t" Comedian Adam Carolla told The Atlantic to "f*ck off" and "eat sh*t" over its call for a pandemic "amnesty.""Of course all the people who wanted everyone drawn and quartered for not getting vaccinated or wearing a mask want a f*cking amnesty," Carolla says, according to the account's transcript. "Suck my dick, f*ck off, Atlantic...

Terrifying Study Reveals Truth About Flying That Could Make You Never Want To Board A Plane Again - Terrifying Study Reveals Truth About Flying That Could Make You Never Want To Board A Plane Again A disturbing new study conducted by the European Cockpit Association (ECA) found that nearly one in four European airline pilots routinely take to the skies despite being too exhausted to safely perform their duties.76.8% of nearly 7,200 pilots surveyed across 32 European countries adm...

North Korea Blamed For $6.3 Billion Binance Heist: "Stole 19% Of Its Yearly Income In 20 Minutes" - North Korea Blamed For $6.3 Billion Binance Heist: "Stole 19% Of Its Yearly Income In 20 Minutes" Summary:North Korea stole 19% of its yearly income in about 20 minutes.Bitcoin plunged to a six-week low of $76,348Reuters Puts Theft Figure At $6.3 Billion TRM Labs and Chainalysis Blame North Korea "Elite Hackers" Crypto Rattled By Binance Hack; Tether, Circle Freeze Billions In Stab...

The Riots In France Expose The Dangerous Fiction That Public Spending And 'Integration' Create A Peaceful Society - The Riots In France Expose The Dangerous Fiction That Public Spending And 'Integration' Create A Peaceful Society Authored by Matt Roberts via The Daily Sceptic,The violence, looting and burning in France over the weekend of October 24th-25th was somewhat less intense and widespread than it had been on the previous weekend, but it was still significant. Demonstrations comprising an...

Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation - Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation Brent crude futures tagged $118 a barrel early Friday, touching a six-month high as more attacks on commercial vessels in the Strait of Hormuz and on Saudi energy assets raised concerns about a potential flare-up in the Gulf conflict after next week's US midterm elections.President Trump continue...

Nearly 50 Recon/Intel Marines Headed To Guard Undersea Cables In Europe - Nearly 50 Recon/Intel Marines Headed To Guard Undersea Cables In Europe Authored by Matt White via Task & Purpose,A team of close to 50 reconnaissance and intelligence-focused Marines are being sent to join a NATO mission that oversees the network of undersea internet cables and pipelines in the Baltic Sea.The Marines are being sent to join the NATO-led operation due, at least in p...

Key China Copper Gauge Flashes Warning As Mysteel Global Warns Metal Is "Sold Out Everywhere" - Key China Copper Gauge Flashes Warning As Mysteel Global Warns Metal Is "Sold Out Everywhere" Deglobalization, decades of underinvestment in mining, rising copper demand tied to the AI data center buildout, and surging US stockpiling ahead of potential import tariffs have pushed copper prices to record highs, approaching $15,000 a ton in London.The resulting supply squeeze is forc...

MarketWatch - Top Stories

This one chart tells you everything you need to know about Exxon, Chevron and BP’s forecast-beating earnings - One slide in ExxonMobil’s investor presentation after its third-quarter earnings explains the financial situation for the integrated oil giants very neatly.

‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend, spend, spend? - “I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children.”

Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you. - A rough month in the technology sector was less spooky in other sections of the stock market.

Why Intel’s stock is sinking toward its worst day in two years — and a $128 billion wipeout - Intel’s PC business is under pressure as memory-chip prices dent demand and as corporate IT teams have less budget for laptops.

AI could hit consumers’ ability to manage their debt. Here’s the trade. - If AI causes workers to lose their jobs then households face credit stress

We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account? - “Let’s say 10 years from now, when I’m 84, we need a substantial amount of cash.”

Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar-revenue businesses - Amazon chief executive Andy Jassy set a bold target on the conference call announcing third-quarter earnings.

‘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.”

Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack - Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.

My father has early Alzheimer’s and his caregiver is using his debit card for DoorDash. What can I do? - “I suspect the live-in caregiver is benefiting from my parent’s generosity.”

CNBC Top News

Nasdaq futures fall more than 2% as Amazon and Intel tumble after earnings: Live updates - Amazon and Intel shares tumbled after the companies posted their latest earnings reports.

Hackers steal $6.3 billion from Binance in biggest-ever cryptocurrency theft - The company later added it began recovering assets impacted by the breach after pledging to cover losses using its Secure Asset Fund for Users.

Wall Street braces for Democratic gains as 2026 midterm election nears - Investors are preparing for a blue wave in the midterm election on Tuesday that will determine who controls Congress for the remainder of President Trump's term.

Stocks making the biggest moves premarket: Intel, Amazon, Reddit, Chevron & more - These are the stocks posting the largest moves premarket.

Here are Friday's biggest analyst calls: Nvidia, SpaceX, Amazon, Intel, Rivian, Coinbase, Reddit, GE Vernova & more - Here are the biggest calls on Wall Street on Friday.

CNBC Economy

Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts - The euro zone showed surprising resilience, but weak productivity, industrial competitiveness challenges and demographic pressures remain, analysts said.

European Central Bank keeps key interest rate on hold at 2.5% - Markets saw the decision as a hawkish pause and were last pricing in a 67% chance of a December rate hike.

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates - The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

The politics of President Lagarde's European Central Bank early exit — and who could replace her - European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday.

Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most powerful tool - The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.

GATA

LME plans metal tokens push tied to Hong Kong's 5-year plan, sources tell Reuters - By Pratima DesaiReutersWednesday, October 28, 2026 LONDON -- The London Metal Exchange is ​aiming to turn metal held in its Hong Kong warehouses into digital assets that can be used ‌for financing, a move linked to the territory's five-year plan to expand its commodities hub, three people with knowledge of the matter said. The initiative and connection to Hong Kong's development strategy have n...

U.S. isn't the only government rigging markets; China's doing it too - China Rushes to Shore Up Markets as AI Trade Sours By Arjun Neil Alim and Thomas HaleFinancial Times, LondonTuesday, October 27, 2026 Beijing is rushing to shore up its struggling stock markets as China"s AI trade goes into reverse amid slowing economic momentum and a lack of large-scale fiscal stimulus. The CSI 300 index of Shanghai- and Shenzhen-listed stocks has entered a technical bear mark...

LBMA members back tokenized gold but seek legal certainty and safeguards - By Polina DevittReutersThursday, October 29, 2026 LONDON -- Members of the London Bullion Market Association broadly support exploring tokenized gold, particularly as a way to ​improve collateral efficiency, but add that any rollout ‌must preserve confidence in the underlying physical metal, avoid fragmenting market liquidity, and provide legal and regulatory certainty. In a response to a consu...

Chris Powell: Gold market rigging update, and what gold's friends can count on - Illustrations for this presentation can be viewed here: https://gata.org/sites/default/files/NOLA-2026-PowerPoint-v.1.pdf * * * ILLUSTRATION 1: Introduction Remarks by Chris Powell, Secretary/TreasurerGold Anti-Trust Action Committee Inc.New Orleans Investment ConferenceThursday, October 29, 2026 For many years at this conference GATA has called attention to the historical documents of Western ...

Venezuelan leader demands return of gold from Bank of England - From Le Monde, ParisThursday, October 28, 2026 Venezuelan interim president Delcy Rodriguez demanded Wednesday the return of her country's gold reserves held at the Bank of England, where they were frozen more than six years ago. Venezuela has gold bars at the bank valued at $1.9 billion in 2023 that it cannot withdraw because Britain refused to recognize Nicolas Maduro's 2018 reelection. ... D...

Wolf Street

Tech Makes a Mess as Wrinkles Start to Show. Markets Are Edgy Now, Aren’t They? - These are some sudden massive movements in even huge stocks.

Economy Is Running Hot on Strong Consumer Spending Growth & Massive AI Investment Boom - But the trade deficit worsened, driven by the AI boom. And the drunken sailors in Washington pushed the Debt-to-GDP ratio to 121.7%.

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Legal Tender News

These Countries May Be Next To Accept Bitcoin as Legal Tender - One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...

This Day In Market History: Legal Tender Act Of 1862 - What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...

Digital Cash As Legal Tender? - Will Bloomingdale’s be forced to accept Bitcoin? Remember that the main difference between electronic cash and the electronic money that we have now is that electronic cash can flow from person to ...

What Is Considered Legal Tender in the US? - "Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...

Legal Tender - Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...

CoinDesk

Binance arranges $6.34 billion to cover losses from record crypto hack - Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.

Here's how big bitcoin traders responded after the Binance hack hit - Your day-ahead look for Oct. 30, 2026

Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss - On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.

Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower - Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.

Strategy CFO Andrew Kang resigns as company posts record operating profit - Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.

Live updates: Binance finds more breaches in $6.3 billion hack; AI spending fears hit tech - A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.

Binance hacker dumps a little-known 2017 token and it crashes 90% - The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.

Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets - Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.

XRP Ledger developers tighten the rules for who can hold 'restricted' tokens - A set of fixes would tighten who can hold permissioned tokens on the network. The XRP Ledger Foundation says no users were affected.

Binance hack bites India's largest crypto exchange as it curbs futures trading - CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds remain unaffected, the exchange said.

bitcoin.com

Binance Secures $6.34B to Cover Losses From Historic Crypto Hack - Through its social media channels, Binance announced it had already reserved over $6.34 billion in company funds to cover losses from the hack suffered on Thursday, with $5 billion held in the tokens impacted, while other purchases are being completed. Binance Prepares to Restart Normal Operations Binance, the largest cryptocurrency exchange, is preparing to resume […]

Binance Hack Fallout: Aave Freezes Lending Across 16 Networks - Aave froze 292 reserves across its V3 and V4 markets following a major Binance security breach that saw attackers steal more than 195,000 ETH and millions of dollars in altcoins. Binance Exploit Drains 195,000 ETH Across Multiple Blockchains Decentralized finance (DeFi) lending protocol Aave froze lending markets across 16 blockchain networks Thursday following a major […]

Binance Hacker Dumps $158M in Alts as Sleuths Question Exchange’s Key Story - The Binance hacker sold about $158 million in altcoins for 70,480 ETH, while analysts challenged the exchange’s claim that no private keys were leaked. Seven Tokens Gone in Hours The thief behind the Binance breach wasted little time turning stolen altcoins into ether. Onchain trackers reported the attacker finished dumping a host of alts including […]

Binance Hack Has Logan Paul Calling Crypto ‘a Scam’ Despite Cryptozoo Past - Logan Paul called crypto “a scam” following the $6.3 billion Binance hack, and critics were quick to point to his own Cryptozoo project. “I Don’t Trust Crypto” Youtuber and boxer Logan Paul has a new take on digital assets because, in a recent podcast appearance, when his longtime collaborator Mike Majlak told him, “Binance got […]

Bitcoin ETFs Add $423M in 3 Days as Blackrock Leads - Bitcoin ETFs attracted $137.33 million on Wednesday, extending their inflow streak to three sessions and lifting week-to-date additions above $423 million. Bitcoin ETFs Add $137M as 3-Day Inflow Streak Builds Three sessions into the week, bitcoin has established a clear lead in the institutional flow race. U.S. spot bitcoin exchange-traded funds (ETFs) added $137.33 million […]

Reason

California Voters Have a Chance To Address the State's Broken Environmental Regulations - The California Environmental Quality Act has led to long delays, enormous costs, and special interests that use the process to stop projects they dislike.

Breach of Denmark's National ID System Demonstrates the Risks of a 'Papers, Please' Society - Centralized databases and national ID systems make tempting targets.

Today in Supreme Court History: October 30, 1735 - 10/30/1735: President John Adams's birthday. The post Today in Supreme Court History: October 30, 1735 appeared first on Reason Magazine.

Review: House of the Dragon and the Pursuit of Political Power - The Game of Thrones prequel is a show about managerial leadership.

Brickbat: Home Sweet Chicago - Chicago taxpayers will pay at least $472.8 million to defend and settle lawsuits connected to former Chicago Police detective Reynaldo… The post Brickbat: Home Sweet Chicago appeared first on Reason Magazine.

Open Thread - What’s on your mind?

Supreme Court Clerks Who Become Law Professors (2012-2026) - Yesterday, I wrote about the lateral hiring market. Here, I want to focus on the entry-level hiring market. Since 2012,… The post Supreme Court Clerks Who Become Law Professors (2012-2026) appeared first on Reason Magazine.

Law Banning Employer Requirements That Employees Listen to Employer's Religious or Political Speech Likely Violates Employer's First Amendment Rights - So a Ninth Circuit panel held today.

Creating Voter Confusion About Candidates' Names is Bad - But Exploiting Voter Ignorance About Policy Issues is a Much Bigger Problem - Democrats' apparent effort to confuse Alaska voters about candidates' names is reprehensible. But politicians' routine lying and exploitation of ignorance about policy issues is much worse.

You Can See Everything, Halloween Costumes, Mary Peltola - In this Halloween special, Robby Soave and Christian Britschgi review Nathan Fielder's documentary about convicted fraudster Elizabeth Holmes.

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

Tech Tips for Parents this Digital Parenting Week - In today’s digital world, the internet is an essential resource for young people to access information, explore community, and find themselves. But we know that this often comes alongside fears of experiencing online harms like doxxing, grooming, or bullying. Trying to protect your family from everything all the time is impractical and exhausting, but some thoughtful planning can help families ...

Victory! You Can Now Exclude Apps from Siri AI - In the most recent update to Apple’s devices, iOS 27.2, the company has introduced a new setting to “Exclude Apps” from Siri AI, fulfilling one of our asks from our Encrypt It Already campaign earlier this year. One of our main concerns with new AI features on devices is how those features interact with end-to-end encrypted content, particularly with secure messaging apps. Many AI features requ...

Court Should Curb Abuse of Grand Jury Subpoenas Targeting Social Media Users - A federal appeals court should curb the government’s abuse of grand jury subpoenas to unmask social media users who criticize lawless immigration enforcement. That is the message from the ACLU, EFF, and other civil liberties and trade groups who filed a friend-of-the-court brief in a sealed case in the U.S. Court of Appeals for the District of Columbia. The case involves the government’s invest...

The Institute For Justice - Press Releases

Animal Sanctuary’s Fight to Stay Open Ends After North Carolina Supreme Court Rejects Appeal - ARLINGTON, Va.—A Winston-Salem animal sanctuary’s fight against senseless zoning restrictions has ended after the North Carolina Supreme Court declined to hear the case. Fairytale Farm […] The post Animal Sanctuary’s Fight to Stay Open Ends After North Carolina Supreme Court Rejects Appeal appeared first on Institute for Justice.

Kentucky Small Business Sues After Federal Government Takes Nearly $1.4 Million Without Explanation During Two Different Incidents - MIAMI—Today, a Kentucky small business filed federal lawsuits against the Drug Enforcement Administration (DEA) and Customs and Border Protection (CBP) after the two agencies took […] The post Kentucky Small Business Sues After Federal Government Takes Nearly $1.4 Million Without Explanation During Two Different Incidents appeared first on Institute for Justice.

Proposed Vendor Ordinance “Would Open Up Opportunities” Says Chicago Entrepreneur Advocate - CHICAGO—For many years, Chicago’s sidewalk vendors have been prohibited from selling anything that was not prepackaged.  As a result, they are not allowed to mix […] The post Proposed Vendor Ordinance “Would Open Up Opportunities” Says Chicago Entrepreneur Advocate appeared first on Institute for Justice.

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

GOA Takes Virginia’s “Assault Weapons” Ban to Court … Again - THIS WEEK IN THE FIGHT FOR YOUR 2A RIGHTS! Here’s what you may have missed this week in the fight for the Second Amendment… This week, GOA headed back to court in Virginia to fight the state’s so-called “assault weapons” ban…  Also, Montana AG Austin Knudsen announced that MT Republicans are working to roll back their NFA restrictions to align … Read more

OH: Information on Dangerous Ordnance Licenses - Ohio Law May Provide Another Exemption to NFA Registration Under ORC § 2923.18, Ohioans can apply for a $50 Dangerous Ordnance License, providing a separate exemption that does not expressly require federal NFA registration. A GOA employee recently received an approved license from the Jackson County Sheriff. However, whether this exception permits possession of unregistered suppressors remains...

OH: State Law Restricts Our NFA Win — Here’s What You Can Do - GOA secured a historic victory against the National Firearms Act, but Ohio law is still standing in the way. On August 5, GOA and our fellow plaintiffs won a federal court victory against NFA registration requirements for suppressors, short-barreled rifles (SBRs), and short-barreled shotguns (SBSs). Then, on October 9, ATF announced it would stop enforcing these requirements nationwide. Unfortu...

Banking Dive

[Podcast] From Fragmentation to Infrastructure: The Lasting Value of Modernizing Insurance Payments - Explore how modernizing and unifying insurance payments helps insurers reduce costs, improve customer experiences, and build a foundation for long-term growth.

Galaxy Digital applies for OCC charter - A national trust charter would let the company offer digital asset custody, trading staking and fiduciary investment advisory services under a single federal framework, Galaxy CEO Mike Novogratz said.

Bank of America plants its flag in Wisconsin - The Charlotte, North Carolina-based bank’s first Wisconsin retail branch opened Wednesday. BofA plans to open branches in Alabama and Louisiana next year.

U.S. Bank risk chief departs - Jodi Richard, who had been the Minneapolis-based bank’s chief risk officer since 2018, has left the lender. The bank’s chief credit officer will serve as interim CRO.

Smaller AI models help Bank of America, Capital One manage costs - Limiting excessive frontier model use makes financial sense, executives at the Evident AI Symposium said.

American Banker

The future of AI in banking is not as clear as you might think - Even the leaders of the largest banks in the country can't agree on the impact artificial intelligence will have on the industry. But there are some steps everyone can take to ease the transition.

Wearable payments get a boost from new market entrants - The market for payments via smartwatches, glasses, rings and wristbands is poised for swift growth in the coming years.

Credit issues put damper on profits at SBA specialist Newtek - The nation's number-one Small Business Administration lender by number of loans doubled its loan-loss provision in the third quarter, and problem loans spiked. CEO Barry Sloane tabbed inflation and high interest rates as culprits.

Wells Fargo raises hurdle for higher advisor payouts for first time in 5 years - Wells Fargo Advisors Head Sol Gindi says advisors on average will have to increase their revenue generation by about 2% annually to make up for the change.

Mastercard touts the importance of agentic tokens - CEO Michael Miebach said during the company's third-quarter earnings call that one-time virtual cards as a go-between were not a long-term solution to facilitate agentic payments.

Bank of International Settlements

Pushing the monetary frontier: stablecoins and tokenised deposits - Speech by Mr Pablo Hernández de Cos, General Manager of the BIS, at the Jackson Hole Economic Symposium, 28 August 2026.

BIS residential property price statistics, Q1 2026 - Real global house prices declined by 1.2% year on year (yoy) in the first quarter of 2026.

Effective resolution strategies and plans for insurers – Executive Summary - The Key Attributes of Effective Resolution Regimes for Financial Institutions (Key Attributes) of the Financial Stability Board (FSB) require resolution plans to be developed for all financial institutions, including insurers, that could be systemically significant or critical upon failure.

Federal Reserve - Press Releases

Federal Reserve Board announces approval of application by The Bank of Nova Scotia - Federal Reserve Board announces approval of application by The Bank of Nova Scotia

Federal Reserve issues FOMC statement - Federal Reserve issues FOMC statement

Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank - Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank

FDIC - Press Releases

Press Release: FDIC Announces Six Senior Leadership Appointments - PRESS RELEASE | OCTOBER 26, 2026 FDIC Announces Six Senior Leadership Appointments WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) t...

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | OCTOBER 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDIC...

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