JH Kim

Asset tokenization is not a catch-all solution to liquidity problems in financial markets, though it could still help reshape financial infrastructure. CoinDesk reported on April 29 that Oliver Harris, the new head of JPMorgan’s Kinexys, said asset t

The three major U.S. stock indexes closed mixed on April 30. The Nasdaq Composite rose 0.04% from the previous session to 24,673.24. The Dow Jones Industrial Average fell 0.57% to 48,861.68, while the S&P 500 slipped 0.03% to 7,136.52.

Wall Street traders are assigning higher odds to a Federal Reserve rate increase this year than to a rate cut, highlighting a rapid shift in monetary-policy expectations. Walter Bloomberg reported on April 29 that the interest-rate futures market was

President Donald Trump renewed his call for lower interest rates, urging a looser monetary policy stance. Trump said on April 29 that now is a good time to cut rates, according to Walter Bloomberg. The comment came as the Federal Reserve continues to

Federal Reserve Chair Jerome Powell has directly voiced concern about the central bank's independence, a comment drawing attention for what it could mean for the policy environment. Walter Bloomberg reported on April 29 that Powell said, "the Fed's i

Federal Reserve Chair Jerome Powell said the economic impact of rising oil prices is relatively limited in the U.S., though he cautioned the burden could grow if the shock persists. Powell said on April 29 that the oil shock has a relatively smaller

The Federal Reserve said developments in the Middle East have increased uncertainty around the economic outlook. It also raised its assessment of inflation. In its Federal Open Market Committee statement on April 29, the Fed said uncertainty about th

Federal Reserve Chair Jerome Powell indicated he may remain on the Fed's Board of Governors after his term as chair ends, signaling a possible shift in his role at the central bank. Walter Bloomberg reported on April 29 that Powell said he would stay

Federal Reserve Chair Jerome Powell said short-term inflation expectations have risen and pointed to the Middle East as another source of uncertainty for policymakers. Powell made the remarks on April 29, according to Walter Bloomberg. He said the cu

President Donald Trump gave a bleak assessment of Iran’s economy, highlighting the impact of economic pressure. Walter Bloomberg reported on April 29 that Trump said Iran’s economy is collapsing. Trump also said Iran’s currency is essentially worthle

The Federal Reserve left interest rates unchanged, but the decision exposed divisions within the central bank. The split underscored differing views on the direction of monetary policy. Walter Bloomberg reported on April 29 that the Federal Open Mark

The Federal Reserve's Federal Open Market Committee said in a statement on April 29 that it left its benchmark interest rate unchanged, in line with market expectations. The U.S. benchmark rate remains at 3.50% to 3.75%.

President Donald Trump could gain majority influence over the Federal Reserve Board if Chair Jerome Powell steps down, raising the prospect of a shift in the central bank’s balance of power. Walter Bloomberg reported on April 29 that Powell is curren

U.S. President Donald Trump and Russian President Vladimir Putin held a phone call to discuss major geopolitical issues, underscoring the potential for broader negotiations. Walter Bloomberg reported that the two leaders spoke for more than 90 minute

Markets have fully priced in the Federal Reserve keeping interest rates unchanged in April, signaling expectations that the central bank will maintain its current policy stance. CME FedWatch data on April 29 showed traders assigning a 100% probabilit

Hyperliquid is entering the prediction-markets business with a zero-fee strategy, setting up competition in a market led by established players. CoinDesk reported on April 29 that Hyperliquid had launched “event outcome” tokens, a service that allows

President Donald Trump reiterated that any agreement with Iran must cover its nuclear program, signaling the U.S. will maintain pressure in the talks. Trump said on April 29 that he would not lift the maritime blockade without a deal that includes Ir

The CLARITY Act, a U.S. crypto market-structure bill, is gaining momentum in Congress as it moves closer to a committee review. Eleanor Terrett reported on April 29 that Senator Thom Tillis is prepared to push the CLARITY Act into the committee revie

The U.S. war with Iran has cost about $25 billion so far, highlighting the fiscal strain of a prolonged conflict. Walter Bloomberg reported on April 29 that a senior U.S. Defense Department official put the cost of the war to date at about $25 billio

The volume of oil released from the US Strategic Petroleum Reserve, or SPR, rose sharply, underscoring continued moves to manage energy supply. Data from the US Energy Information Administration on April 29 showed that crude oil releases from the SPR

The three major U.S. stock indexes closed lower on April 29. The Nasdaq Composite fell 1.05% from the previous session to 24,663.80. The Dow Jones Industrial Average slipped 0.06% to 49,136.15, while the S&P 500 declined 0.48% to 7,139.24.

A clash between US federal regulators and a state government over prediction-market oversight has escalated into a court fight over who sets the rules. The US Commodity Futures Trading Commission has sued Wisconsin, alleging the state infringed on fe

President Donald Trump’s job approval rating slipped slightly, underscoring continued political uncertainty. Walter Bloomberg reported on April 28 that Trump’s approval rating stood at 34%. That was down 2 percentage points from 36% in mid-April. The