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The markets were flat ahead of this week’s data and today’s employment benchmark revisions. The report comes Wednesday, followed by on Thursday. In addition, there will be , , and Treasury auctions this week, setting up significant settlement dates next week. As of now, September 15 is set to settle for $78 billion. (I previously misread the Job report revisions; the -598k was for 2024, not the estimate.) SOFR rose to 4.42%, which is a relatively high level for this time of the month and signals a lack of liquidity in the funding markets. So far, the Standing Repo Facility…

SINGAPORE, Sept. 8, 2025 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) today announced that the9bit, its innovative Web3.5 GameFi platform, has surpassed 2 million users since its August 2025 launch. This milestone, driven by recent events like Coinfest Asia 2025, highlights the platform’s ability to bridging Web2 gaming with Web3 rewards (Web3.5), turning everyday player actions into real value. In just over a month, the9bit doubled its user base to 2 million milestone, fueled largely by its strong appeal among Southeast Asian gamers. The platform’s unique “Spaces”, incentivizes users for purchasing and playing games including AAA IP console games and mobile…

Ripple’s U.S. dollar stablecoin, RLUSD, has just had another big contraction in supply after more than 2.71 million tokens were permanently burned at the treasury. The tracker shows that RLUSD was transferred to a null address on Ethereum on Sept. 9, which is the biggest single burn since late August.This latest event follows a series of million-sized burns executed by Ripple in the past two weeks, including transactions of 1,000,000 RLUSD each on Sept. 3 and another identical burn on Aug. 29. The sequence has taken out almost six million tokens from circulation in just under two weeks. You Might Also…

A Cool Front in Jobs and Forecasts Alike

Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or bills. Find out which banks have the best MMA rates today. The national average interest rate for money market accounts is just 0.59%, according to the FDIC.…

“We want to invest the money and play catch up with our retirement savings/funding.”

Another round of quarterly earnings reports has come and gone, and once again, many companies beat profit expectations. Yet a glance at the graph below from The Wall Street Journal, showing that have been flat excluding , suggests that the ways in which companies are growing their earnings must be changing. The Wall Street Journal provided details on a “transformation” of earnings sources in Behind This Season’s Bumper Earnings. The bottom line of the article is that companies have had to increase productivity instead of relying on increasing revenues to drive earnings. Per the article: The outcome of those transformations…

Deposit account rates are on the decline — but the good news is you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% APY. As of September 9, 2025, the highest CD rate is 4.40% APY. This rate…

“She’s a very proud woman.”

The markets are once again being forced to reckon with France’s political fragility. The euro has slipped from recent highs, French government bond yields are edging upwards, and traders are preparing for turbulence as Prime Minister François Bayrou’s minority government faces a knife-edge confidence vote in parliament. At the core of this drama is Bayrou’s €44 billion package of budget cuts. Designed to bring France’s deficit down from 5.8% of in 2024 to 4.6% by 2026, it includes tax rises, spending freezes, and even the scrapping of two public holidays.  The package is ambitious, but ambition is not the same…