"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April

Israeli strikes on Gaza on Sunday killed at least 12 people, including two children and a pregnant woman, as the Israeli military continues its violations of the US-backed ceasefire deal. The Associated Press reported that a strike on Sunday morning hit a house in the Nuseirat Refugee Camp in central Gaza, killing a man, his […]

White House Warns Staff As Iran Bets Add To Growing Insider-Trading Concerns Authored by Zoltan Vardai via CoinTelegraph.com, The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure. The warning followed a roughly $500 million bet on Brent and West Texas Intermediate...

Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say Authored by Brayden Lindrea via CoinTelegraph,.com, America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American...