Business

Bitcoin ETFs capture $273M in July inflows after record $4.5B June exodus

U.S. spot Bitcoin ETFs have attracted $273 million in new July inflows, a fraction of the historic $4.5 billion that exited the funds in June due to surging Treasury yields.

Oil Prices Break $90 as U.S. Hits Iranian Nuclear Site and Resumes Blockade

Brent crude surpassed $90 a barrel after the U.S. struck an Iranian nuclear site and reinstated a naval blockade near the Strait of Hormuz. Stock futures remain flat ahead of tech earnings.

Are Index Funds Breaking the Market? The SK Hynix IPO Exposes Passive Pricing Distortions

SK Hynix's record-breaking $26.5 billion U.S. IPO is testing Wall Street's plumbing, exposing how passive index funds are forced to blindly buy tech stocks regardless of valuation.

Trump Account Deadline Explained: When and How to Claim the $1,000 Child Contribution

Parents have until December 31 of the year their child turns 17 to claim the federal $1,000 Trump Account contribution, preventing a tax-season rush for eligible families.

Ford Explorer Recall Hits 387,000 Vehicles After Initial Inspection Fix Fails

Ford is recalling 387,911 Explorer and Lincoln Aviator SUVs after an initial inspection-only fix failed to prevent second-row seats from unexpectedly sliding forward in transit.

BlackRock and Morgan Stanley Gate Private Credit Funds as Defaults Hit All-Time Highs

Q2 2026 redemption requests hit $15.6 billion, but private credit funds are only honoring 38% of them. Morgan Stanley, BlackRock, and Blackstone have strictly capped client payouts at 5%.

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