Politics & PolicyTrump Renames Blocked White House Addition a 'Military Center,' Vows Supreme Court FightA D.C. appeals court gave the administration until Aug. 21 to halt above-ground construction, citing the absence of congressional authorization for the $400 million project.Macro & RatesBlackRock Projects 11.6% Earnings Growth — and Cuts Government Bond ExposureThe firm's five-year assumptions target U.S. corporate profit growth seen in only 15 percent of historical periods, paired with a strategic underweight to developed market sovereign debt.Sports BusinessDiana Taurasi to Kelsey Plum: 'Where Else Would You Rather Be?'Taurasi's recruiting pitch to keep Plum in Phoenix beyond 2026 came after the guard's 20-point debut against Chicago.Research & AnalysisIndia's Early FCNR Swap Closure Pushes Short-Tenor Bond Yields HigherThe RBI moved its diaspora-deposit hedging deadline to Aug. 31 after inflows topped $52 billion, lifting shorter-duration bond yields as banks lost a zero-cost hedge.
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Retail Sales Miss Cuts Fed Hike Odds to 31 Percent, Lifting Gold to $4,386
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The BreakdownThe Breakdown
Lido Is the Plumbing Beneath Institutional ETH Yield — Here Is How It Works
SharpLink just bet $200 million on wstETH. Before you follow anyone into that trade, understand exactly what Lido is and what it isn't.
Digital AssetsDigital Assets
Tokenized Stock Holders Hit 1.31M as Transfer Volume Jumps 179%
RWA.xyz data shows monthly active addresses up 35% to 572,000, with Ondo, Kraken and Binance leading on distributed value.
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Roman Storm: Google and OpenAI Face the Same Legal Test as Tornado Cash
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UBS Raises BlackRock Bitcoin ETF Stake to $90M as Call Options Jump 24-Fold
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2 Trillion-Dollar Firms Approved Crypto Products This Summer as TradFi Lines Blur
DeFi & On-ChainBreakingDeFi & On-Chain
Venezuela Routes International Payments Through Stablecoins as Banking Rails Stay Blocked
Cut off from correspondent banking, Venezuela is settling cross-border trade in USDT and USDC — a live stress test for on-chain dollars at sovereign scale.
U.S. EquitiesBreakingU.S. Equities
Geely Q1 Profit Falls 27% as Subsidies End; Exports Jump 126%
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Rates & Yields
Editor’s ReadAugust 16, 2026
India Orders LPG Output Surge as Hormuz Risk Exposes Structural Import Dependence
Refiners face production targets under six-month review after Hormuz disruption exposed a structural dependence on imported LPG covering 90 percent of national supply.
“India's dependence on the Strait of Hormuz for its cooking gas supply became a national policy problem the moment the Iran conflict closed that waterway. Roughly 90 percent of the country's LPG import”
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