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12 July 2026
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San Francisco Mayor Proposes $17 Billion Budget Boosting Police and Firefighter Pay While Cutting Nonprofit Jobs
Corporate Power

San Francisco Mayor Proposes $17 Billion Budget Boosting Police and Firefighter Pay While Cutting Nonprofit Jobs

San Francisco’s $16.9 billion budget increases police and firefighter salaries significantly, avoids widespread municipal layoffs, but cuts nonprofit contracts amid ongoing fiscal challenges.

Bitcoin’s Record Long-Term Holder Supply Fails to Lift Price Amid Weak Demand
Crypto & Fintech

Bitcoin’s Record Long-Term Holder Supply Fails to Lift Price Amid Weak Demand

Despite Bitcoin reaching an all-time high in long-term holder supply, lack of new buyer demand challenges the traditional bullish outlook and stalls price growth.

HPE’s Strong AI Server Sales Drive Surging Earnings and Stock Price
Corporate Power

HPE’s Strong AI Server Sales Drive Surging Earnings and Stock Price

Hewlett Packard Enterprise outperforms expectations with robust AI server demand, sharply boosting earnings, revenue, and raising its full-year outlook.

US Export Controls Allowed Advanced AI Chips to Reach China Through Loophole
Trade & Tariffs

US Export Controls Allowed Advanced AI Chips to Reach China Through Loophole

US senators accuse the Trump administration of permitting a gap in export rules that may have enabled advanced AI chips to go to Chinese firms, potentially aiding military use.

Drag Activist Pattie Gonia Urges Patagonia to Withdraw Trademark Lawsuit
Corporate Power

Drag Activist Pattie Gonia Urges Patagonia to Withdraw Trademark Lawsuit

Drag performer and environmental activist Pattie Gonia has called on Patagonia to drop its trademark lawsuit that threatens her brand and activism efforts.

AI-Fueled Crypto Scams Surge as SEC Targets $12 Million Fraud Scheme
Crypto & Fintech

AI-Fueled Crypto Scams Surge as SEC Targets $12 Million Fraud Scheme

Fraudsters increasingly exploit AI in crypto scams, with cases rising sharply and the SEC charging an alleged $12.3 million Ponzi operation under an AI trading guise.

Evanston launches multi-phase street resurfacing across seven neighborhoods
Markets & Macro

Evanston launches multi-phase street resurfacing across seven neighborhoods

Over the next 12 weeks, Evanston will upgrade seven street segments with resurfacing, curb repairs, sewer work, and ADA improvements at no cost to residents.

Bitcoin Volatility Hits Multi-Month Low as Analysts Anticipate Major Price Movement
Crypto & Fintech

Bitcoin Volatility Hits Multi-Month Low as Analysts Anticipate Major Price Movement

Bitcoin’s realized volatility has plunged significantly, signaling a possible 10-20% price swing, while market indicators show cautious investor behavior amid price compression.

Anthropic Advances Toward IPO After Surging Valuation in AI Race
Corporate Power

Anthropic Advances Toward IPO After Surging Valuation in AI Race

Anthropic has confidentially filed for an IPO, joining a wave of AI startups going public amid soaring valuations and intense competition with rivals like OpenAI.

How the CLARITY Act Could Boost XRP, Solana, and Cardano in the Crypto Market
Crypto & Fintech

How the CLARITY Act Could Boost XRP, Solana, and Cardano in the Crypto Market

The CLARITY Act crypto bill, awaiting a Senate vote, could offer much-needed regulatory clarity and potentially drive growth for cryptocurrencies like XRP, Solana, and Cardano.