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Trump's fatal attack on the Federal Reserve's independence is prompting investors to sell off long-term U.S. Treasuries, causing the U.S. Treasury yield curve to steepen to its widest level in nearly three years. A dangerous era of "fiscal dominance" may have already arrived...
Tesla is providing its humanoid robot Optimus with "new training materials," moving away from reliance on motion capture suits and remote control, and instead using video-based training.
Federal Reserve Chairman Powell’s speech at the Jackson Hole annual meeting was interpreted by the market as a signal for a rate cut in September, driving US stocks to new highs. However, economist Jonathan Levin pointed out that Powell actually conveyed the difficult balance between weak employment and high inflation, suggesting that a rate cut is more likely a defensive measure against economic deterioration, rather than a response to cooling inflation. He emphasized that the market is overly optimistic and that the future policy path may be slower and more uncertain than expected. Summary generated by Mars AI This summary was generated by the Mars AI model. Its accuracy and completeness are still being improved through iterative updates.
SharpLink has secured a total of 797,704 ETH as of August 26, bringing its total Ethereum holding value to $3.7 billion.