Bitcoin Chases American Dream in Norm-Shattering Mortgage Push

Published on July 16, 2025

What was once dismissed as a fringe fantasy by a niche band of crypto believers is now being tentatively examined by the government-sponsored entities at the core of the US housing market.

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The Big Four Recession Indicators: Industrial Production

July 16, 2025
Industrial production rose more than expected in June, increasing 0.3% from May. This was more than the expected 0.1% monthly growth. Compared to one year ago, industrial production is up 0.7%.

Goldman Posts Best Stock-Trading Quarter in Wall Street History

July 16, 2025
Goldman Sachs Group Inc.’s stock traders posted the largest revenue haul in Wall Street history, as volatility sparked by the Trump administration’s trade war spurred a second straight record quarter for the unit.