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Crypto exchange Gemini has secured a significant legal win following a ruling from an arbitrator who determined the company was not responsible for the collapse of its Earn lending program. The decision comes after a user filed a claim in late 2024 alleging that Gemini had misled its customers. However, the arbitrator found that there was simply not enough evidence to suggest that Gemini lied to its users or failed to perform proper due diligence on its primary lending partner, Genesis Global Capital.The ruling specifically addressed claims of negligent infliction of emotional distress, noting that the claimant failed to provide…
United States borrowing costs climbed to new heights on Tuesday, driven by escalating tensions in the Middle East that sent oil prices surging past ninety two dollars a barrel. This volatility in energy markets has reignited deep concerns regarding stubborn inflation, pushing the effective ten year borrowing rate to four point seven nine percent, the highest level recorded since January. While these shifts primarily impact how the federal government finances its operations, the ripple effects are felt directly by everyday consumers through rising rates for mortgages, auto loans, and credit card balances.The surge coincides with growing speculation that the Federal…
The Federal Trade Commission and a coalition of twenty two states have launched a massive legal battle against Amazon, accusing the e-commerce giant of orchestrating a secret seven year scheme to defraud its advertisers. According to a lawsuit filed in the US District Court for the Western District of Washington, Amazon allegedly manipulated the digital auctions used to determine ad pricing on its platform. While millions of sellers believed they were participating in competitive bidding processes, the government claims that Amazon was actually overriding those results and replacing them with artificially inflated prices to boost its own bottom line.Federal investigators…
The S&P 500 Index ($SPX) (SPY) closed down by -0.33% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.70%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.08%. E-mini S&P futures (ESU26) fell -0.28%, and September E-mini Nasdaq futures (NQU26) rose +0.07%.Stock indices settled mostly lower on Monday, with the Dow Jones Industrial Average falling to a 1-week low on a flare-up in geopolitical risks. The broader market was under pressure on Monday as renewed Middle East tensions boosted crude oil prices, raised inflation expectations, pushed bond yields higher, and complicated the US inflation outlook. WTI crude oil rose…
Keir Starmer said he wants to build on work in international affairs and tackling violence against women and girls (Alamy) 2 min read2 hr Keir Starmer is standing down as Labour MP for Holborn and St Pancras, after having resigned as prime minister in June. Starmer told his local newspaper, Camden New Journal, that he felt it was the “right time” to leave the House of Commons and is planning to take up work in international affairs. The former PM has been MP for Holborn and St Pancras since the 2015 general election. The North London MP stood down as prime minister…
Insider Brief Carbon Robotics launched its Carbon Autonomy Ready program to connect third-party farm implements directly with its autonomous tractor platform, with Great Plains Manufacturing joining as the first equipment partner. The integration will allow Carbon Autonomy-equipped tractors to receive real-time data from Great Plains equipment and automatically adjust settings such as working depth down pressure and leveling. Carbon Robotics said the program is designed to support a broad range of farm implements while preserving farmers’ equipment choices, with the Great Plains integration set to be demonstrated at the 2026 Farm Progress Show. Carbon Robotics has launched a program designed…
Nvidia stock has pared back some of the gains from last week’s strong earnings. Shares soared to $230 before pulling back to $220 today, even as several major announcements hit the wires. Several key catalysts now point toward the potential for a strong rebound.Nvidia has several important catalysts Nvidia, the biggest company in the world, has made some important announcements that may boost its stock in the near term. One of the deals came today, when Lambda, a company that Nvidia backs, announced a $35 billion deal with Anthropic. This project is being developed by Hut 8, will have 350 megawatts,…
Key PointsMerrill liquidated 3,147 shares at ~$143.29 per share for a total value of ~$451,000.The disposition accounted for 4% of the executive’s direct equity holdings.The transaction was executed entirely through direct ownership, with the CFO reporting no indirect interest in entities like trusts or LLCs.The sale was completed under a Rule 10b5-1 trading plan originally adopted in November 2024 and amended in June 2025.10 stocks we like better than Commvault Systems ›Gary Merrill, Chief Financial Officer of Commvault Systems, Inc. (NASDAQ:CVLT), sold 3,147 shares of common stock on Aug. 18, 2026, and Aug. 19, 2026. SEC Form 4 filing. The…
As markets head into September, the Morningstar US Total Market Index shows a solid gain of 14 percent for the year, fueled largely by a persistent surge in technology stocks. While many investors traditionally turn to value exchange traded funds to balance out the volatility of high growth tech portfolios, those safe havens are becoming harder to find. Recent data suggests that the boundary between value and growth investing is blurring, as several prominent value ETFs are now heavily loaded with Big Tech giants like Apple and Microsoft.For instance, the iShares Russell 1000 Value ETF has seen its technology exposure…
The stock market is seeing some significant volatility during midday trading as several high profile companies experience sharp price swings. Utility giants PG&E and Edison International are among those capturing investor attention today, with both firms navigating shifts that suggest a broader reaction to energy sector trends or regional regulatory updates. These movements come at a time when utility stocks often serve as bellwethers for interest rate expectations and infrastructure stability.In the tech and healthcare sectors, heavyweights like Apple and Eli Lilly are also making notable waves. Apple continues to be a focal point for traders tracking consumer demand and…
