Bitcoin trades near $80,000 as corporate demand and US crypto policy stay in focus

Strategy (MSTR +4.42%) is back to buying Bitcoin (BTC +0.71%). On Aug. 31, the firm acquired $370 million of Bitcoin at an average purchase price of $80,318. The purchase came after four straight sales. In combination, these sales brought in roughly $430 million. On paper, the moves appear confusing. Why dump $430 million in Bitcoin…

The president hasn’t always approved of Walmart’s moves, having criticized the chain’s response to tariffs last year.

Minutes Item 1. Introduction & Minutes of last meeting The Co-Chair welcomed members of the Committee to this hybrid meeting (the first of 2026) and noted that the minutes of the last UK Money Market Code Sub-Committee (Code Sub-Committee) meeting (held on 3 December 2025) are on the Bank’s website. The Co-Chair also noted that…

The possibility of fiscal dominance in the representative-agent New Keynesian model (RANK) hinges on the assumption that income is perpetually demand-determined: fiscal deficits can drive output and inflation within that model only insofar as they trigger infinitely lasting, self-sustained shifts in aggregate spending and income. Moving to heterogeneous-agent New Keynesian models (HANK) opens the door…

Preview: RBA to stay in pause and observe mode, TD Securities says ahead of today’s decision !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

New York City’s traffic is legendary. In 2024, congestion in the city was the worst in the United States, with delays per driver reaching 102 hours. In the same year, the Metropolitan Transportation Authority (MTA), the operator of New York’s subways and commuter rail, saw a deficit of $8.3 billion. The combination of the two…