Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low

Crypto Wallet-Maker Ledger Confirms Unauthorized Hardware Implant, Says Losses May Exceed $86M Authored by Michael Millard via CoinTelegraph.com, Hardware wallet maker Ledger, which has been investigating reports of crypto losses involving its devices purchased from a Southeast Asian reseller, confirmed that one of the affected users' devices contained an unauthorized hardware implant. Ledger said in a Saturday post on X that it was contacting users as part of its ongoing investigation into the losses, which investigator Specter estimated may exceed $86 million across Bitcoin, Ethereum and Tron. Ledger asked that individuals who have...

Futures Rise On Fresh Push Higher In Tech Futures are higher again, just a few basis points away from a new all time high, led by Tech as the week starts with Semis / Memory / AI themes bid globally, as small-caps are fractionally in the red. As of 8:00am ET, S&P futures are 0.1% higher, while Nasdaq futures climb 0.5% after strong revenue growth at Anthropic helped boost optimism around artificial intelligence and bolstered the view that massive spending on artificial intelligence will be sustained. Semis, Memory, and...

First Houthi Drones Sent On Israel Since Iran Ceasefire Took Effect In what appears to be the first Houthi attack out of Yemen since the broader Iran ceasefire came into place starting in early April, the Israel Defense Forces said a drone "launched from the east" was intercepted by the Israeli Air Force near the southernmost city of Eilat on Tuesday. The IDF further indicated it is believed to have been launched from Yemen, although the IDF is still investigating its origin, according to Israeli media reports. Israel's Channel 12 is citing...