Israeli Fire Kills Palestinian Woman in Northern Gaza as IDF Attacks Continue Despite Ceasefire Deal

Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price. The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...

Hezbollah historically has fit in an unusual position in Lebanese politics, being a substantial Shi’ite political party as well as a substantial Shi’ite militia that was centered on resisting Israeli military intervention on Lebanese territory. Those statuses are coming into focus again as Israel ramps up its latest war against Lebanon. Lebanese Prime Minister Nawaf […]