Finance

US household net worth rebounds to record high in second quarter, Fed data shows

US household net worth rebounds to record high in second quarter, Fed data shows

(Reuters) -U.S. household wealth rose to a record $176.3 trillion in the second quarter on the back of a resurgent stock market and climbing property prices, data from the Federal Reserve showed ...

Read More
How Linea plans to boost its token price amid 49% post-airdrop rout

How Linea plans to boost its token price amid 49% post-airdrop rout

Linea’s new token is off to a shaky start. On Wednesday, the Ethereum layer 2 dished out over nine billion tokens through an airdrop to early users. Many of those users now appear to be cashing ou...

Read More
Markets Flip Bullish on Solana All-Time High, Bearish on SharpLink Ethereum Treasury

Markets Flip Bullish on Solana All-Time High, Bearish on SharpLink Ethereum Treasury

Solana is only 23% off its all-time high price—but if it makes a new one before year’s end, some predictors on Myriad stand to gain as much as 43% based on current odds.  Myriad users testing the...

Read More
We Still Don’t Know Who Will Vote On Interest Rates Next Week

We Still Don’t Know Who Will Vote On Interest Rates Next Week

Al Drago / Bloomberg via Getty Images A Fed panel is set to decide whether to lower interest rates, but it’s not clear who will vote. Less than a week before the Fed’s policy...

Read More
Alibaba, Baidu begin using their own chips for training AI models, The Information reports

Alibaba, Baidu begin using their own chips for training AI models, The Information reports

(Reuters) -Chinese tech giants Alibaba and Baidu have started using internally designed chips to train their AI models, partially replacing AI chips made by Nvidia, according to a report by The I...

Read More