epicimages/iStock Editorial via Getty Images The “Crypto Market Structure Bill or Clarity Act” has now officially entered the Senate Legislative Calendar after clearing the Senate Banking Committee with a 15–9 bipartisan vote on May 14. H.R. 3633 ( 119th Congress ) saw two key Senate actions—it was officially reported by the Senate Committee on Banking, Housing, and Urban Affairs, and it was also ...
epicimages/iStock Editorial via Getty Images The “Crypto Market Structure Bill or Clarity Act” has now officially entered the Senate Legislative Calendar after clearing the Senate Banking Committee with a 15–9 bipartisan vote on May 14. H.R. 3633 ( 119th Congress ) saw two key Senate actions—it was officially reported by the Senate Committee on Banking, Housing, and Urban Affairs, and it was also placed on the Senate Legislative Calendar under General Orders. This means the bill is now formally in line for consideration on the Senate floor. From here, the next step depends on Senate leadership. They will decide when the debate and voting will happen. To pass, the bill needs 60 votes in the Senate due to filibuster rules. After that, it must still go through the House before reaching the President. The bill is mainly focused on one big change: clearly dividing responsibilities between the SEC and CFTC in crypto regulation. If passed, it could bring clarity for major crypto assets like Bitcoin ( BTC-USD ), Ethereum ( ETH-USD ), XRP ( XRP-USD ), Solana ( SOL-USD ), Cardano ( ADA-USD ), and Hyperliquid ( HYPE-USD ). But markets are already reacting—Bitcoin has dropped near $67K, down about 6.08% in 24 hours. Crypto analyst “Ash Crypto” says this kind of price action may be driven by institutions positioning early, possibly before regulatory clarity improves sentiment. Some traders see this as a repeat of past cycles around BlackRock’s ( BLK ) Bitcoin Trust ( IBIT ) (2022) and spot ETF filings (2023–2024), which were followed by major price swings. On the other hand, Peter Schiff remains critical, pointing out that while Bitcoin struggles below its 2021 highs, traditional assets like NASDAQ ( COMP:IND ), gold, and silver have outperformed over the same period. More on Bitcoin USD, Grayscale Bitcoin Mini Trust ETF, etc. Bitcoin Breaks Below $70,000 As Sell-Off Continues As Asset Managers Exit Crypto, The Music May Be Stopping For Many Cryptocurrencies Bitcoin Drops Below ...
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 5.2% in the afternoon session as investors positioned ahead of its fiscal Q2 FY2026 earnings report due after the close on June 3, amplified by independent AI catalysts as Anthropic confidentially filed to go public.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 5.2% in the afternoon session as investors positioned ahead of its fiscal Q2 FY2026 earnings report due after the close on June 3, amplified by independent AI catalysts as Anthropic confidentially filed to go public.
Jamie and Rebekah Vardy’s new reality show will disappoint every single person who tunes in, from football lovers to followers of The Scousetrap. The only possible fun you can have is rolling your eyes at them If you are tuning in to the new three-part reality show The Vardys you will be disappointed. There’s nothing missing from that sentence. Whatever the reasons or expectations you have for tun...
Jamie and Rebekah Vardy’s new reality show will disappoint every single person who tunes in, from football lovers to followers of The Scousetrap. The only possible fun you can have is rolling your eyes at them If you are tuning in to the new three-part reality show The Vardys you will be disappointed. There’s nothing missing from that sentence. Whatever the reasons or expectations you have for tuning in, you will be disappointed. This is because it is very bad and very boring. That will make every viewer down in the mouth. Those who tune in for more specific reasons – being a fan of Leicester City’s beloved former striker-god Jamie V or wanting to hear Rebekah V’s take on the “Wagatha Christie” libel case she brought against and lost to Coleen Rooney – will be even more let down. Leicester fans won’t get much of Jamie or any footage they haven’t seen before. And much of what is shown in the first two episodes (the third was not available for review) is to do with the troughs of his early days at the Italian club Cremonese – injury, stress, failing to dazzle in his debut, failing to score many goals thereafter – rather than his glory days at home. Continue reading...
Japanese toilet maker Toto Ltd. expects spending in its chip-related operations to make up more than half its total capex in coming years, as it chases new gains from an artificial intelligence surge. The maker of heated toilet seats and bidets is capitalizing on an unexpected surge in demand from chip gear makers seeking Toto’s expertise in ceramics designed to withstand dirt particles, corrosive...
Japanese toilet maker Toto Ltd. expects spending in its chip-related operations to make up more than half its total capex in coming years, as it chases new gains from an artificial intelligence surge. The maker of heated toilet seats and bidets is capitalizing on an unexpected surge in demand from chip gear makers seeking Toto’s expertise in ceramics designed to withstand dirt particles, corrosive materials and high temperatures. A global rush in AI spending is lifting sales of Toto’s electrostatic chucks, which hold silicon wafers in place during chip fabrication, and other materials used in chipmaking. Toto will prepare a production environment where “we can respond to demand properly,” Chief Technology Officer Ryosuke Hayashi said in an interview. Now that the company has completed its large-scale expansion plans in the US and China, the ratio of spending on its housing equipment operations versus spending on new business domains will flip, he said. Toto’s spending on semiconductor-related products accounted for 11% of capex in the fiscal year ended in March. Profit from the company’s new business segment has overtaken that of its mainstay housing equipment operations. That’s captured the attention of investors hunting for entry into AI-related equities. Toto is “the most undervalued and overlooked AI memory beneficiary,” UK activist investor Palliser Capital said in a letter to Toto’s board in February. It urged the company to increase investment in its semiconductor-related business and ramp up promotion of the little-known operations. Toto is allocating approximately ¥30 billion ($190 million) to capital spending this fiscal year and is ramping up production capacity of its electrostatic chucks. While profit margins in the fast-growing business are affected by equipment depreciation costs and the exchange rate, “sales will definitely grow” Hayashi said. A company spokesperson declined to comment on Toto’s interactions with Palliser. Based in Kitakyushu, Fukuok...
China’s capital controls remain among the world’s strictest. Individuals are generally limited to transferring $50,000 overseas each year, while emigrants are given a one-time opportunity to move their assets abroad. Concerns about China’s economic outlook and a drive by President Xi Jinping to reduce inequality have prompted many wealthy families to seek a financial foothold overseas. Households,...
China’s capital controls remain among the world’s strictest. Individuals are generally limited to transferring $50,000 overseas each year, while emigrants are given a one-time opportunity to move their assets abroad. Concerns about China’s economic outlook and a drive by President Xi Jinping to reduce inequality have prompted many wealthy families to seek a financial foothold overseas. Households, institutions and companies moved a record $807 billion, roughly, out of the country last year, according to estimates from the Institute of International Finance. But demand for overseas assets — as well as the rapid accumulation of private wealth — has fueled a vast underground industry dedicated to circumventing capital controls. While the true scale of illicit capital flight is impossible to quantify, court records, regulatory disclosures and interviews with industry participants point to sprawling networks that move billions of dollars offshore each year. This has drawn increasing scrutiny from authorities. China’s latest crackdown on overseas brokers accused of helping mainland clients trade offshore is the latest sign that regulators are intensifying efforts to monitor cross-border capital and ensure tax compliance on such money flows. Here are some of the most common ways mainlanders circumvent the government’s strict rules to get money out of China. Smuggling cash across the border Historically, one of the simplest ways to evade China’s capital controls was to physically move cash across the border. Money was often concealed in suitcases, vehicles and on boats typically traveling to Hong Kong or Macau. Tighter enforcement has made the practice riskier and less efficient than other schemes, although it still occurs. In 2024, Hong Kong authorities arrested a 62-year-old woman at the Lok Ma Chau border crossing after they found about HK$330,000 ($42,000) worth of undeclared banknotes concealed in a tailor-made vest. Smurfing “Smurfing” involves recruiting people on th...
Permadrought: 75% Of Global Population Lives In A Country Affected By 'The Great Drying' Authored by Michael Snyder via The Economic Collapse blog, Our planet is drying out at a pace that is unlike anything we have ever seen before. Once massive lakes are rapidly shrinking, once mighty rivers are steadily dwindling, and colossal underground aquifers are being pumped dry all over the world. This is...
Permadrought: 75% Of Global Population Lives In A Country Affected By 'The Great Drying' Authored by Michael Snyder via The Economic Collapse blog, Our planet is drying out at a pace that is unlike anything we have ever seen before. Once massive lakes are rapidly shrinking, once mighty rivers are steadily dwindling, and colossal underground aquifers are being pumped dry all over the world. This is an absolutely enormous problem, because very soon we simply will not have enough fresh water to support 8 billion people. In fact, drought conditions are severely affecting global crop production in 2026. If current trends continue, it will become increasingly difficult to grow food. In other words, if the land on our planet doesn’t stop drying out there is no way that we will be able to avoid an era of widespread global famines . This isn’t something that just started happening recently. Over the last several decades, the world has been losing fresh water “at an unprecedented rate” … The world is losing fresh water at an unprecedented rate, two decades’ worth of satellite data has revealed. Measurements from NASA’s twin GRACE satellites and GRACE follow-on missions have shown that since 2002, the amount of land suffering from water loss has been increasing year on year by twice the area of the state of California. That includes the loss of water from surface reservoirs such as lakes and rivers and underground aquifers, which are an important source of drinking water around the globe. Mega-drying regions have emerged across the Northern Hemisphere with the worst-hit areas extending across the western coast of North America, Southwestern North America and Central America, the Middle East and Southeast Asia. Just look at what has been happening to the Great Salt Lake. Once upon a time it was absolutely gigantic. But now it has lost approximately 73 percent of its water and approximately 60 percent of its surface area. Of course this isn’t just happening in the United States....
CoreWeave (NASDAQ: CRWV) is turning into one of the most direct ways to invest in AI infrastructure growth. Its backlog is nearing $100 billion, a deepening partnership with Nvidia (NASDAQ: NVDA) , and demand for GPU cloud capacity remains intense. The upside case is compelling, but rising capex, debt, and margin pressure make this one of the market's most dramatic AI stock debates. Stock prices u...
CoreWeave (NASDAQ: CRWV) is turning into one of the most direct ways to invest in AI infrastructure growth. Its backlog is nearing $100 billion, a deepening partnership with Nvidia (NASDAQ: NVDA) , and demand for GPU cloud capacity remains intense. The upside case is compelling, but rising capex, debt, and margin pressure make this one of the market's most dramatic AI stock debates. Stock prices used were the market prices of May 22, 2026. The video was published on May 31, 2026. Continue reading
Broadcom closed at a record on Tuesday after news from two of the biggest names in tech gave its shares a boost. Broadcom stock finished the session up 4.7% at $481.57 — an all-time closing high, according to Dow Jones Market Data. Shares of the Broadcom have rallied for the past four trading sessions, gaining 14%.
Broadcom closed at a record on Tuesday after news from two of the biggest names in tech gave its shares a boost. Broadcom stock finished the session up 4.7% at $481.57 — an all-time closing high, according to Dow Jones Market Data. Shares of the Broadcom have rallied for the past four trading sessions, gaining 14%.
Ghana thought they would fly to Washington on Wednesday with a victory finally under their belts, England soon in their sights. After five straight friendly defeats since qualifying for the World Cup last October, they had to settle for a draw in Carlos Queiroz’s first game in charge after Lewis Koumas’s stoppage-time equaliser. Presumably Thomas Tuchel, five hours behind Cardiff in time-zone, hun...
Ghana thought they would fly to Washington on Wednesday with a victory finally under their belts, England soon in their sights. After five straight friendly defeats since qualifying for the World Cup last October, they had to settle for a draw in Carlos Queiroz’s first game in charge after Lewis Koumas’s stoppage-time equaliser. Presumably Thomas Tuchel, five hours behind Cardiff in time-zone, hunkered down somewhere in West Palm Beach to watch England’s second Group L opponents this summer. If Tuchel had the sound on, he wouldn’t have needed to listen too hard to hear the Ghana supporters present delight in Caleb Yirenkyi’s second-half opener, but they were denied victory. Continue reading...
However, Todd Blanche said the IRS will still be prohibited from auditing Donald Trump, his family and related entities ‘Outright theft’: legal experts decry $1.8bn Trump anti-weaponization fund The federal government is abandoning an effort to create a $1.8bn secretive fund to compensate Donald Trump ’s allies, but is maintaining an agreement that prohibits the Internal Revenue Service (IRS) from...
However, Todd Blanche said the IRS will still be prohibited from auditing Donald Trump, his family and related entities ‘Outright theft’: legal experts decry $1.8bn Trump anti-weaponization fund The federal government is abandoning an effort to create a $1.8bn secretive fund to compensate Donald Trump ’s allies, but is maintaining an agreement that prohibits the Internal Revenue Service (IRS) from auditing Trump, his family and related entities, the acting attorney general, Todd Blanche, said on Tuesday. “We are not moving forward with the fund, period,” Blanche said during a House appropriations committee hearing on Tuesday. “The reasons for the fund is something that President Trump talked about for a long time, which is the fact that there were a lot of people in this country who had their government weaponized against them. The reasons for the fund, I think, remain as important as they were before, but we are not moving forward with the fund.” Continue reading...
Schroptschop/iStock via Getty Images Eurostat The latest euro area inflation figures for the month of May were released this morning, a key data point ahead of the ECB’s meeting next week. This continues to point to a flare-up in price pressures caused by the conflict in the Middle East. However, the latest print suggests that energy is not the only segment that policymakers should be concerned ab...
Schroptschop/iStock via Getty Images Eurostat The latest euro area inflation figures for the month of May were released this morning, a key data point ahead of the ECB’s meeting next week. This continues to point to a flare-up in price pressures caused by the conflict in the Middle East. However, the latest print suggests that energy is not the only segment that policymakers should be concerned about. HICP inflation accelerated to 3.2% YoY in May, up from 3.0% YoY in April. The reading was in line with consensus expectations, but it was also the highest headline inflation rate since September 2023. The monthly increase was just 0.1% MoM, but this was ahead of the 0.0% MoM rise in May 2025, meaning base effects played a small part. There was no major surprise in the all-items index movements. Given the energy backdrop, continued acceleration in inflation aligns with consumer expectations for both perceived and expected inflation. A quick note on the volatile components: Food inflation was not an issue in May. The broad food index was unchanged on a monthly basis and up 2.0% YoY, down from 2.4% YoY in March and April. This is the lowest since October 2021. TradingView Energy inflation, of course, has become an issue, even though there was a large -1.1% MoM decline in May. Importantly, this was a slightly smaller decline vs a year ago when energy was down -1.2% MoM in May 2025. As a result, YoY energy inflation set a new (roughly) three-year high at 10.9%. This is with Brent oil averaging around $110 and Dutch TTF natural gas around $48. In the April 29-30th meeting, ECB members attributed the rise in March HICP inflation entirely to energy prices and the conflict in the Middle East. This was a major reason that many members believed it would be possible to look through an inflation spike in the months ahead. The ability to dismiss energy-driven inflation would also be determined by “the intensity and duration of the energy price shock and the scale of its indirect and...