Hedge funds have long kept systematic long/short strategies out of reach for ordinary investors, but WisdomTree just listed two ETFs on the Texas Stock Exchange that aim to change that using AI models from a firm WisdomTree now partly owns.
Ethereum sits nearly 25% below a key psychological level, and the clock is ticking with ETF outflows accelerating and Bitcoin pulling ahead. Whether ETH can stage a serious recovery by year-end depends on a narrow set of conditions falling into place.
A Virginia family expects a modest estate settlement after their father’s brief nursing home stay, then a letter from the state Medicaid agency reframes everything they thought they knew about what he owed.
Any deal that reopens Hormuz pulls the war premium out of crude that has been trading near $98, and energy names move first when it happens.
JUST IN: Iran urges US to accept proposal to reopen Strait of Hormuz, per Reuters https://t.co/7Y6THc87ha
Citi follows JPMorgan in locking autonomous agents out of customer accounts, closing the door on the distribution channel agentic-finance startups were counting on.
BREAKING: Citi has barred AI agents from logging into customer accounts or making transactions on its digital banking platforms.
Nine straight months of Japanese banks pulling money home means one of the biggest buyers of global debt has turned seller, and Treasury yields feel that at the margin.
BREAKING: Japanese banks sold -$16 billion of foreign bonds in September, their largest monthly sale since February. This also marks their 9th consecutive monthly sale, the longest streak since 2022. As a result, sales of foreign debt by Japanese banks in the first 9 months of https://t.co/u6Vp1dwQa2
A federal kill switch for frontier models would land squarely on every company racing to ship them, and this time the proposal is coming from inside the industry.
BREAKING: Anthropic pitches draft AI safety bill that would let the government block models risking over $1B in damage, per POLITICO
A 31% jump in holiday airfare is the clearest read yet on how jet fuel costs are flowing straight into household budgets, and it sets up a demand test for airlines heading into the busiest booking weeks of the year.
The cost of flying home for Thanksgiving has never been more expensive. Average round-trip airfare: $402, up 31% from last year. War is inflationary. And consumers are paying the price. https://t.co/suhVMvnLf8
A $1 billion damage floor would make federal intervention in frontier models nearly impossible, and the AI buildout trade is priced on exactly that kind of regulatory runway. Politico reports the pitch is already circulating on the Hill.
JUST IN: Anthropic is privately pitching Congress a bill to limit when the US government can block an SI model, only if it risks over $1 billion in damage or causes more than 50 deaths or serious injuries https://t.co/7FytD8nnBO
A $2 trillion annual gap means relentless Treasury issuance, and bond buyers set the clearing price for every risk asset you own.
Over the last 10 years, US Federal Government Tax Revenue has increased 65% to $5.4 Trillion while Government Spending has increased 92% to $7.4 Trillion. The result: a more than doubling of the US National Debt from $19.8 trillion to $40.4 trillion. https://t.co/pLU1z4sQEg
A 127% jump in heating oil over twelve months lands on consumers this winter and on CPI long before the Fed can respond, which is why energy producers keep outrunning the rest of the market.
RT @charliebilello: Commodity prices over last year... Heating Oil: +127% Brent Crude +80% Gasoline: +79% WTI Crude: +77% Copper: +32% Suga…
