Finance

Markets, economy, and industry.

  1. Industry

    Polish Media Say Zondacrypto Founder Przemysław Kral Is Cooperating With Prosecutors in Probe Over 2.4bn Zloty Losses

    Polish outlets report Zondacrypto founder Przemysław Kral is cooperating with prosecutors and seeking sentence mitigation in a probe into at least 2.4bn zloty losses.

    · #zondacrypto #poland #cryptocurrency #investigation

  2. Economy

    GAO Finds Effects of Original Opportunity Zones Largely Unknown Despite $108 Billion in Funds

    A GAO report finds limited evidence on what the original Opportunity Zones achieved, even as Qualified Opportunity Funds held $108B; revisions may improve tracking.

    · #opportunityzones #taxation #gaoreport #housing #communitydevelopment

  3. Industry

    FTC, Five States Ask Court to Undo Zillow-Redfin Deal and Force Redfin Back Into Rental Ads

    FTC and five state attorneys general proposed undoing Zillow’s $100M deal with Redfin and would require Redfin to restart its rental-advertising business.

    · #zillow #redfin #antitrust #realestate

  4. Financial Markets

    Grayscale Seeks NYSE Arca Listing for Zcash Trust; ZEC Jumps Above $814 Ahead of Anticipated Aug. 25 Start

    Grayscale says its Zcash trust may begin trading on NYSE Arca around Aug. 25 under ticker ZCSH, pending regulatory approvals; ZEC surged above $814.

    · #zcash #grayscale #cryptocurrency #etp

  5. Financial Markets

    Bitcoin Jumps into High $79,000s as Spot-ETF Inflows and Short Squeeze Fuel Rally

    Bitcoin rose into the high $79,000s after a roughly 20% rally Aug. 19–21, driven by large U.S. spot-Bitcoin ETF inflows, a derivatives short squeeze and policy news.

    · $COIN $MSTR #bitcoin #cryptocurrency #etf #markets

  6. Industry

    11th Circuit Vacates DOT Order, Keeps Delta–Aeroméxico Joint Venture Intact

    The 11th Circuit on Aug. 20 vacated a DOT order forcing Delta and Aeroméxico to unwind their antitrust‑immunized joint venture, preserving the partnership.

    · $DAL #airlines #antitrust #delta #aeromexico

  7. Financial Markets

    Samsung board approves estimated KRW 90–110 trillion 2026 shareholder-return plan

    Samsung's board approved an estimated KRW 90–110 trillion 2026 shareholder-return plan, including KRW 30 trillion in dividends and KRW 15 trillion buybacks.

    · $005930.KS #samsung #shareholderreturns #dividends #buybacks #southkorea

  8. Financial Markets

    Tether Minted About $1 Billion USDT on Tron, On-Chain Records Show

    Blockchain records show Tether minted roughly $1 billion USDT to a Tron treasury wallet on Aug. 10; no clear evidence it entered broader markets.

    · #crypto #tether #usdt #stablecoins

  9. Financial Markets

    Manhattan court approves CFTC supplemental orders banning trading, registration for ex‑FTX insiders Ellison and Wang

    Manhattan court approved CFTC supplemental orders banning trading and registration for ex‑FTX insiders Caroline Ellison and Gary Wang; no civil fines sought.

    · #ftx #alameda #cftc #crypto

  10. Industry

    STB restarts review of Union Pacific–Norfolk Southern merger, revives environmental review

    The Surface Transportation Board lifted the merger proceeding out of abeyance, reviving the environmental review and setting deadlines for public comments.

    · $UNP $NSC #rail #merger #unionpacific #norfolksouthern #stb

  11. Financial Markets

    SEC Sues Three Former Tricolor Executives Over Alleged ABS Fraud

    SEC filed a civil case Aug. 18 accusing three former Tricolor executives of double-pledging loans and falsifying data in ABS offerings before the lender's 2025 collapse.

    · #securities #sec #autolending #abs #fraud

  12. Industry

    Teamsters Ask New York to Probe Amazon Over Delivery-Contractor Layoffs, Say Thousands Lost Jobs

    Teamsters file Aug. 18 complaint alleging Amazon’s delivery-contractor network failed to give WARN notices, citing 3,500+ job losses in New York.

    · #amazon #teamsters #labor #warnact #delivery

  13. Industry

    Ottawa Pledges $10 Billion to Back Nearly $70 Billion Clean Power Buildout in Labrador and Quebec

    Ottawa will provide $10B to support a nearly $70B clean-energy package centered on Churchill Falls, Gull Island, Labrador wind and transmission.

    · #canada #cleanenergy #hydro #labrador

  14. Industry

    Flock Safety cuts default license-plate data retention to seven days, adds 'Evidence Mode' and new search limits

    Flock Safety will cut default ALPR data retention from 30 to seven days, add Evidence Mode and mandatory misuse detection — but existing customers keep prior settings.

    · #flock #alpr #surveillance #privacy

  15. Financial Markets

    USDA’s August WASDE: Near-Record U.S. Corn Crop but Tighter Corn and Wheat Supplies

    USDA's August WASDE projects a near-record U.S. corn harvest for 2026-27 but tightens corn and wheat supplies and lifts farm-price forecasts.

    · #agriculture #corn #wheat #wasde #commodities

  16. Industry

    Home Depot CEO Ted Decker to Take Temporary Medical Leave; Leadership Split Announced

    Home Depot said CEO Ted Decker is taking a temporary medical leave; Ann-Marie Campbell and CFO Richard McPhail will share interim leadership while Decker recovers.

    · $HD #homedepot #ceo #governance #retail #management

  17. Economy

    U.S. Consumer Inflation Rises 0.1% in July; Shelter Costs Account for Most of Gain

    Headline CPI rose 0.1% in July (3.4% y/y); core CPI up 0.2%. Shelter costs accounted for roughly two‑thirds of the monthly increase as energy fell.

    · #inflation #cpi #federalreserve #consumerprices

  18. Financial Markets

    CFTC uses emergency powers to keep Kalshi exchange operating amid New York suit

    The CFTC invoked emergency authority to keep Kalshi operating under federal derivatives rules while New York pursues a lawsuit alleging the exchange is illegal gambling.

    · #cftc #kalshi #derivatives #regulation

  19. Economy

    RBA Holds Cash Rate at 4.35% and Warns Further Hikes Remain Possible

    Reserve Bank of Australia kept the cash rate at 4.35% on Aug. 11, stressing the pause is not easing and warning it may raise rates if inflation risks rise.

    · #australia #rba #interest-rates #inflation