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12 July 2026
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Jerome Powell Highlights Risks of Political Pressure on Federal Institutions in JFK Award Speech
Markets & Macro

Jerome Powell Highlights Risks of Political Pressure on Federal Institutions in JFK Award Speech

Jerome Powell emphasized the vital importance of protecting the Federal Reserve and other institutions from political interference during a speech at the JFK Presidential Library.

Sam Altman Downplays AI IPO Race After Anthropic’s Confidential Filing
AI & Tech Regulation

Sam Altman Downplays AI IPO Race After Anthropic’s Confidential Filing

OpenAI CEO Sam Altman says the AI sector’s focus is on technology and business quality, not on who goes public first amid rising IPO activity.

Federal Appeals Court Blocks Removal of Current Transgender Military Service Members
Defense & Security

Federal Appeals Court Blocks Removal of Current Transgender Military Service Members

A federal appeals court ruled that the Trump administration’s ban cannot remove current transgender service members, affirming their constitutional right to serve.

Bitcoin Derivatives See Increased Bullish Bets Despite Price Drop Below $71,000
Crypto & Fintech

Bitcoin Derivatives See Increased Bullish Bets Despite Price Drop Below $71,000

Bitcoin’s price dip below $71,000 triggered significant liquidations, yet whales and institutional traders boosted long positions in futures markets amid geopolitical tensions and market volatility.

Anthropic Files Confidential IPO Amid Surging Revenue and Expansion
Corporate Power

Anthropic Files Confidential IPO Amid Surging Revenue and Expansion

Anthropic has confidentially filed for an initial public offering as its revenue surges and new AI models promise to expand its market presence.

Illinois Lawmakers Adjourn Without Bears Stadium Incentive, Pritzker Cites Taxpayer Concerns
Trade & Tariffs

Illinois Lawmakers Adjourn Without Bears Stadium Incentive, Pritzker Cites Taxpayer Concerns

Illinois lawmakers ended a late-night session without approving a stadium deal to keep the Chicago Bears in state, as Governor Pritzker refused to allocate public funds to a billionaire-owned team.

Remote Work Drives Rise in Entry-Level Unemployment, Not AI, Says NY Fed Study
Markets & Macro

Remote Work Drives Rise in Entry-Level Unemployment, Not AI, Says NY Fed Study

A New York Fed report identifies remote work as the main factor behind rising unemployment among young college graduates, challenging claims that AI is chiefly responsible.

DOJ Commits to Court Order Halting Trump-Era Anti-Weaponization Fund Amid GOP Resistance
AI & Tech Regulation

DOJ Commits to Court Order Halting Trump-Era Anti-Weaponization Fund Amid GOP Resistance

The Department of Justice affirmed it will comply with a federal judge’s injunction halting the controversial anti-weaponization fund, even as Republican leaders express unease about funding the program.

Bitwise Finalizes Control of $259M Tokenized Crypto Carry Fund from Superstate
Crypto & Fintech

Bitwise Finalizes Control of $259M Tokenized Crypto Carry Fund from Superstate

Bitwise has fully taken over management of Superstate’s Crypto Carry Fund, overseeing a $259 million tokenized vehicle that employs market-neutral strategies to generate steady crypto yields.

Japan’s Ruling Party Proposes Framework for Crypto ETFs and Yen Stablecoins
Crypto & Fintech

Japan’s Ruling Party Proposes Framework for Crypto ETFs and Yen Stablecoins

Japan’s Liberal Democratic Party urges the government to establish regulations for crypto exchange-traded funds and promote yen-backed stablecoins across Asia.