Finance

UK’s top financial watchdog opens crypto consultation amid Trump visit and aggressive lobbying

UK’s top financial watchdog opens crypto consultation amid Trump visit and aggressive lobbying

On Wednesday morning, the Financial Conduct Authority launched an open call for comment on how the UK’s top financial watchdog should regulate crypto companies in the country. Its efforts aim to i...

Read More
Israel’s Glilot Capital raises $500 million for new AI and cybersecurity investments

Israel’s Glilot Capital raises $500 million for new AI and cybersecurity investments

By Steven Scheer JERUSALEM (Reuters) -Glilot Capital, one of Israel’s largest venture capital funds, said on Wednesday it had raised $500 million for two new early-stage funds to invest in f...

Read More
Bitcoin Whales Awake, Move Millions Ahead of Highly Anticipated Fed Rate Decision

Bitcoin Whales Awake, Move Millions Ahead of Highly Anticipated Fed Rate Decision

Bitcoin whales inactive for more than a decade have started to wake up as the U.S. Federal Reserve’s September 17 rate cut decision draws close. A Satoshi-era whale woke up on Wednesday and transf...

Read More
US single-family housing starts, building permits drop in August

US single-family housing starts, building permits drop in August

WASHINGTON (Reuters) -U.S. single-family homebuilding and permits for future construction dropped in August amid a glut of unsold new houses and a softening labor market, shrugging off falling mo...

Read More
Fed faces high-stakes interest rate decision amid Trump pressure

Fed faces high-stakes interest rate decision amid Trump pressure

The Federal Reserve is set to announce its September policy decision on Wednesday afternoon, with Wall Street expecting the first interest rate cut of 2025 . Both investors and policymakers are ...

Read More
UK regulator proposes exempting crypto firms from ‘integrity’ and other rules

UK regulator proposes exempting crypto firms from ‘integrity’ and other rules

By Kirstin Ridley LONDON (Reuters) -Crypto firms in Britain could be exempted from rules that ensure financial services companies act with integrity and in the interests of customers, under new pr...

Read More