Australian borrowers are now paying $272 more per month on a $600,000 mortgage than they were in February after the Reserve Bank's third rate hike of 2026, with one Melbourne borrower telling ABC's The Business he is weighing renting out his spare room and a local broker reporting that first-time buyers are in 'panic mode'. NAB's Alan Oster expects unemployment to climb to 4.8 per cent.
Coinbase chief legal officer Paul Grewal told Yahoo Finance's Scott Melker that the banking lobby is 'snatching defeat from the jaws of victory' on the Clarity Act, even after Senators Tillis and Alsobrooks gave them the deposit-protection language they demanded. Grewal also said the prediction-markets turf war will likely 'bleed into 27' and may force a Supreme Court showdown.
Crypto YouTuber VirtualBacon argues the bitcoin bear-market bottom has not yet been printed, pegging the 200-week simple moving average around US$60,500 as the level at which the asset is genuinely cheap, and warning altcoin buyers to wait for a deeper Bitcoin flush before deploying.
Kpler analyst Matt Smith warns Bab el-Mandeb has quietly become the single most fragile node in global crude flows, with 4 million barrels per day now running through a chokepoint Houthi forces have already proven willing to attack — turning it into the pivot point for any Iran-war escalation.
Vessel-tracking analyst Matt Smith of Kpler warns weekly tanker data shows Middle East crude flows to South Korea, Thailand and Taiwan are drying up, while the Saudi East-West pipeline workaround is now near its 4.5 million-barrel ceiling at Yanbu.
Robinhood CEO Vlad Tenev used a Squawk Box appearance to defend his fast-growing prediction markets push as a circuit split sends the legal question toward the Supreme Court, retail bot-trading concerns build, and Warren Buffett warns the market is becoming a casino.
Better Home & Finance chief executive Vishal Garg is taking his Coinbase-built crypto-backed mortgage product, conforming to Fannie Mae guidelines, to mainstream television, even as Senate Democrats publicly press the FHFA over how government-sponsored enterprises will absorb cryptocurrency volatility risk in a default scenario.
Labor Secretary Lori Chavez-DeRemer formally proposes a Department of Labor rule clearing the path for crypto and alternative assets in 401(k) plans, framing the move as long-overdue modernisation. CNBC experts caution that adoption inside America's $9-trillion retirement plumbing is likely to be slow even after the rule is finalised.
Property Couch's Ben Kingsley and Evan Lucas tore into a leaked Treasury proposal to hand every working Australian a $200-$300 'income offset' on the same day the RBA hiked to 4.35%, calling the cash splash unreformed, inflationary and politically self-defeating.
Evan Lucas and Property Couch host Ben Kingsley used the live RBA reaction to argue Tuesday's hike to 4.35% will not be the last, with August 'absolutely live' and a 4.85% terminal cash rate plausible as Iran-driven supply shocks bake into trim mean inflation.
Senate Banking Committee chairman Tim Scott has labelled Jerome Powell's decision to stay on as a Federal Reserve governor after losing the chair a 'significant mistake', breaking a 75-year precedent and raising questions about how Kevin Warsh will run a board with his predecessor still in the room.
Tetra Trust has launched CADD, the first Canadian-dollar pegged stablecoin from a regulated Canadian financial institution, with backing from Shopify and the National Bank of Canada and a deployment that spans Base, Tempo and an upcoming Solana rollout.