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2026-09-16
22m ago
U.S. real median household income rose 2.6% to record "$87,460" in 2025 as poverty rate fell to 10.2%
U.S. real median household income increased 2.6% in 2025, reaching a record $87,460, according to the latest figures. The poverty rate declined to 10.2% over the same period, reflecting an improvement in inflation adjusted household earnings and poverty levels.
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1h ago
UPDATE: 19 of 22 major Wall Street firms see a September rate hike; most call for 50 basis points
UPDATE: Nineteen of 22 major Wall Street firms expect the Federal Reserve to raise interest rates in September, with the majority forecasting a 50-basis-point increase.
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2h ago
Gold, silver end lower as markets brace for likely Fed hike
Gold and silver prices settled lower in late U.S. trading Tuesday as a stronger dollar, firm crude oil prices and the 10-year Treasury yield hovering near 5% weighed on non-yielding metals ahead of Wednesday's Federal Reserve decision. Front-month Comex gold closed at $4,291.60 an ounce, down 0.43%. Front-month silver settled at $63.236 an ounce, down 0.4%. Futures markets are assigning about a 90% chance of a 25-basis-point rate increase. With the move largely priced in, traders are focused on the Fed's guidance. If Chair Kevin Warsh points to a broader tightening cycle, gold could face renewed pressure from higher real yields. If the hike is framed as insurance against oil-driven inflation, bullion may find support as terminal-rate fears ease. Full story at Kitco.
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2h ago
TSX's Most "Boring" Stock Could Be One of Its Best Value Picks
Canadian National Railway reported fiscal 2026 second-quarter results with revenue of $4.8 billion, up 11% year over year. Adjusted diluted EPS came in at $2.08, also an 11% increase. Freight performance improved as revenue ton-miles rose 5%. The company declared a quarterly dividend of $0.92 per share, or $3.66 on an annualized basis, implying a yield of about 2.2%. CN also raised its dividend by 3% again in 2026. Shares recently traded around $169.60, valuing the stock at roughly 22 times earnings.
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3h ago
ALERT: Buying a median-priced U.S. home now requires about $123,000 in annual income—nearly $40,000 above the median household income.
ALERT: Americans now need roughly $123,000 a year in income to afford a median-priced home, putting the threshold nearly $40,000 higher than the median household income.
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3h ago
Treasury selloff pushes 10-year yield to nearly 20-year high as oil extends gains; U.S. stocks slide again
The U.S. Treasury selloff rolled on Tuesday, sending the 10-year yield to an intraday peak of 5.041%—its highest level since 2007—before it finished at 5.006%. Rate-hike expectations stayed elevated ahead of the Federal Reserve's policy decision, with the CME FedWatch tool showing a 92.3% probability of an increase. Equities remained under pressure. The S&P 500 fell 0.45%, the Dow Jones Industrial Average dropped 0.63%, and the Nasdaq slid 0.78%. Yields continued to climb despite Treasury Secretary Bessent's announcement last week of a $6 billion buyback of long-dated Treasuries. The Treasury Department may also tap cash from the Treasury General Account (TGA) to support the repurchase effort.
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3h ago
Ford's 2027 F-150 Adds Hands-Free Towing, Debuts First Carhartt Edition
Ford has unveiled the 2027 F-150 with an expanded BlueCruise feature set, adding hands-free towing capability on more than 130,000 miles of highway. The system supports trailers up to 10,000 pounds. The automaker is also introducing its first-ever collaboration package with workwear brand Carhartt. Across the lineup, Ford is refreshing exterior design and powertrain choices, citing customer feedback as the driver behind the updates.
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3h ago
22 Major Banks Lay Out Their Fed Rate Calls for September 2026
A broad swath of Wall Street banks and research shops is leaning toward another Federal Reserve rate increase in September, according to The Wall Street Journal's latest compilation. The survey also indicates expectations are firming not only around a possible move this week, but also around the prospect of a second hike before year-end. In the WSJ tally, 19 of 21 institutions expect the Fed's next step to be a rate hike in September. Most respondents see total tightening of 50 basis points across 2026. Bank of America, Deutsche Bank and RBC are more hawkish, projecting 75 basis points of cumulative increases. Goldman Sachs also expects a September hike, but looks for only 25 basis points of total tightening in 2026. A minority view sees the Fed moving the other way. Jefferies expects the next move to be a 25-basis-point cut in December rather than a September increase. Oxford Economics forecasts no rate changes in 2026 and sees the first cut in 2027. WSJ-reported forecasts by institution (September call; total change in 2026): - Bank of America: September rate hike; +75 bps - Deutsche Bank: September rate hike; +75 bps - RBC: September rate hike; +75 bps - Barclays: September rate hike; +50 bps - BNP Paribas: September rate hike; +50 bps - Citigroup: September rate hike; +50 bps - HSBC: September rate hike; +50 bps - JPMorgan: September rate hike; +50 bps - Mizuho: September rate hike; +50 bps - Morgan Stanley: September rate hike; +50 bps - MPA Macro: September rate hike; +50 bps - MUFG: September rate hike; +50 bps - Nationwide: September rate hike; +50 bps - Nomura: September rate hike; +50 bps - Piper Sandler: September rate hike; +50 bps - Société Générale: September rate hike; +50 bps - TD Securities: September rate hike; +50 bps - UBS: September rate hike; +50 bps - Wells Fargo: September rate hike; +50 bps - Goldman Sachs: September rate hike; +25 bps - Jefferies: December rate cut; -25 bps - Oxford Economics: No change in 2026; first cut expected in 2027 This is not investment advice.
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3h ago
Enbridge Stock: Buy, Hold, or Sell This September?
Enbridge shares have pulled back about 16% from their 2026 high to around $67, pushing the dividend yield to roughly 5.8%. The company has recently announced two U.S. acquisitions: a $600 million purchase of crude gathering and transportation facilities in the Permian Basin, and a $2.6 billion deal for U.S. oil pipeline, storage, and marketing assets. Last month, Enbridge also formed a joint venture with KKR and Apollo to finance a $2.7 billion expansion of its West Coast natural gas pipeline system.
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4h ago
MEV Bot "Yoink" Front-Runs Ethereum rsETH Attack Attempt, Captures $7.8M
CoinMarketCap reported that an attempted large-scale exploit targeting rsETH on Ethereum was disrupted before it could be completed after an MEV bot stepped in. On-chain records show a bot dubbed "Yoink" executed a transaction ahead of the attacker in the same block, securing 2,900 rsETH worth about $7.8 million. Security firms PeckShield and BlockSec said the activity occurred in Ethereum block 25980525. Yoink's transaction was ordered first, while the attacker's transaction was processed afterward and ultimately reverted. Researchers believe the bot detected a profitable opportunity in the mempool or during block construction, submitted a competing transaction, and won priority by paying higher fees. Fund flows indicate that after receiving 2,900 rsETH, Yoink sent 2,882.37 rsETH to another address. The remaining 17.63 rsETH was routed through Uniswap v4, after which 18.95 ETH returned to the Yoink contract. Of that amount, 18.93 ETH was then paid to the block builder, suggesting most of the ETH was used to secure transaction ordering rather than retained as yield. BlockSec attributed the underlying risk to a Safe module executor. The firm said an executor contract tied to a Safe-enabled module contains a flaw in its authorization checks, allowing attacker-controlled calls to enter a wallet's trusted execution path and trigger actions that should not be externally callable. Safe is a widely used smart-contract wallet framework that supports multisignature setups and optional modules. Current assessments point to specific wallet configurations and related executor issues, with no signs that Safe's core contracts were compromised. Blockaid added that the attacker leveraged a public keeper multicall to route a custom Uniswap v4 liquidity module into a hook pool under the attacker's control, then decomposed aEthrsETH into rsETH, creating the assets contested in the transaction. The ultimate destination of the funds remains unconfirmed. As of the report, the owner of the address that received 2,882.37 rsETH had not been identified, and it was unclear whether the assets would be returned. The report also did not say whether recovery efforts, bounty discussions, or legal action had begun. The episode underscores that MEV is not limited to arbitrage and liquidation strategies: it can also influence who captures assets in the middle of an exploit attempt, where block position and priority fees can determine the final outcome. DeFi security losses remain elevated in 2026. Figures cited in the article put attack-related protocol losses at no less than $1.3 billion in the first eight months of the year. rsETH was also tied to another security incident in April, though researchers said the attack paths differ. The article noted that the U.S. Department of Justice has previously pursued criminal cases involving certain MEV-related conduct, but no regulator or law enforcement body has announced action related to the Yoink transaction.
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Editor’s picks

01

Flamingo Finance exploit mints about 2.19 trillion FLM after staking-contract bug

02

Bithumb sets 2028 IPO target in third timetable reset

03

Japan confirms coordinated yen buying with U.S., signals readiness for further action

04

Verus Protocol’s Ethereum cross-chain bridge exploited, $7.44 million drained in notarization mismatch attack

05

Philadelphia chip index SOX slides 21% in July as semiconductor stocks swing sharply

06

Coldcard firmware flaw used to drain over $70M in Bitcoin

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