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BSCN· 2026-08-16 16:45
JPMorgan cut Polymarket's banking but still wants the IPOThe bank ended its relationship with @Polymarket in October over regulatory concerns, then positioned for a role in a potential listing.Polymarket raised $600M from the NYSE's parent earlier this year and is facing a Baltimore lawsuit filed last week. ...
Fed’s Internal Rate Debate Faces New Scrutiny
Bloomberg Television· 2026-08-16 15:33
This week, we'll get a detailed look into the thinking of the Federal Reserve when it comes to its latest interest rate decision. Minutes from last month's FOMC meeting will be released, Carol, on Wednesday. Yeah.A lot of questions coming off of the press press conferences, right, with the Fed chair. Hey. Last month's decision not to raise rates saw a rare descent from three regional bank presidents.Well, joining us right now to make some sense out of it all is Jennifer Lee. She's senior economist at BMO Ca ...
Is Cuba Finally Ready for Capitalism?
Bloomberg Television· 2026-08-16 14:00
Cuba’s economy is under severe pressure from tightening US sanctions, shrinking tourism and the loss of past economic lifelines from the Soviet Union and Venezuela. Cuban lawmakers have passed 176 free-market reforms aimed at expanding foreign and private investment, decentralizing the economy and liberalizing sectors including tourism, banking, property and agriculture. But economists and Cuban-American investors say Havana faces a credibility problem: the government has promised reform before, and it rema ...
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Cointelegraph· 2026-08-16 13:30
⚠ ALERT: Trump is weighing tougher economic pressure on Iran, including sanctions on Chinese oil buyers, banks and other entities helping Tehran evade restrictions. https://t.co/DVMafYDc9M ...
Wall Street Just Chose Ethereum OVER Bitcoin
Coin Bureau· 2026-08-16 12:45
In July, US spot Ethereum ETFs pulled in $365 million. In that same month, US spot Bitcoin ETFs managed only $172 million. And that comes after $2.4% billion out in May and $4.5% billion out in June, the largest single month of Bitcoin ETF outflows on record.Meanwhile, Tom Lee's Bit Mine now sits on just under 5.8% million ETH, roughly 4.8% 8% of all of the EAT that exists and it has bought more every single week since the 30th of June 2025. Now, some might look at this and think rotation traders getting bo ...