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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxMatrixport has rebranded as BIT, reflecting the firm’s continued development in digital asset financial infrastructure and services.Alongside the rebrand, BIT published its BIT 2026 Trust Whitepaper, outlining the governance, risk management and operational frameworks supporting its services.The paper provides a structured overview of the firm’s governance, compliance and operational foundations.John GeCEO John Ge said,“Digital asset markets are entering a phase in which governance, transparency and operational discipline are increasingly important.BIT reflects the continued evolution of our business and our commitment to building trusted digital asset financial infrastructure.”The firm…

Here is the latest from Trump:We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect to the Terrorist Regime of Iran: (1) Completely degrading Iranian Missile Capability, Launchers, and everything else pertaining to them. (2) Destroying Iran’s Defense Industrial Base. (3) Eliminating their Navy and Air Force, including Anti Aircraft Weaponry. (4) Never allowing Iran to get even close to Nuclear Capability, and always being in a position where the U.S.A. can quickly and powerfully react to such a situation, should it take place. (5) Protecting,…

Emergency expenses are eating up a lot of retirees’ money.

Abstract Following the literature that uses data from the Consumer Expenditure Survey and the consumer price index, this article examines U.S. households’ inflation experiences during the recent period from 2010 to 2023. We construct group-specific market baskets to reflect diverse spending patterns and identify key differences in inflation. Our main finding is that, although average inflation was higher and more volatile during this period, inflation inequality remained stable or even declined compared with the earlier period. Nevertheless, despite the overall similarity in households’ inflation experiences, the underlying drivers of inflation—by consumption category and specific subcategory—can differ significantly. Introduction Inflation is…

new video loaded: The Effects of High Oil PricesOur chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.By Ben Casselman, Sutton Raphael, James Surdam, Joey Sendaydiego, Estelle Caswell and June KimMarch 19, 2026

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 18, 2026.Angela Weiss | Afp | Getty ImagesThe Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory in 2026. The small cap index closed down 10.9% from its all-time high on Friday. A correction is defined as a decline of more than 10% and less than 20%.Stock Chart IconStock chart iconRussell 2000, 1-year Small caps actually outperformed to start the year, with the…

A political action committee with ties to major tech and crypto donors is raising the specter of disgraced ex-FTX CEO Sam Bankman-Fried to target New York congressional candidate Alex Bores as the state legislator faces a crowded Democratic field.A sharply worded mailer distributed by Think Big PAC told voters that the Democratic primary candidate for New York’s 12th Congressional District once got more than $100,000 in support from the former head of the failed global exchange, and alleges that “Bankman-Fried’s buddies are bankrolling Bores for Congress.” It also criticizes Bores’ campaign financing and positions him as out of step with…

Key PointsIf you’re new to required minimum distributions (RMDs), it’s easy to get confused about what you’re actually supposed to do. You don’t want to withdraw too little because you’ll pay a 25% tax penalty on the RMD you failed to withdraw. And withdrawing too much could raise your tax bill and cause you to miss out on valuable investment earnings.The good news is, once you know a few basic rules, the whole RMD process starts to feel a lot easier. One of the most important things to understand is that you don’t have to take RMDs from all your…

A new report shared with the Investing News Network by Keyrock, Safe and DLResearch analyzes how large crypto organizations are managing their digital wealth. A study of 25 major protocols’ balance sheets, including Aave, the Ethereum Foundation, Lido and Uniswap, found that the vast majority of the recorded US$5.6 billion — 93 percent — is currently sitting idle without earning income. As the sector professionalizes, a so-called “sophistication gap” has emerged between the tools available and the strategies currently deployed. The report’s author, Ben Harvey, argues that investors and stakeholders are recognizing that the way capital is structured, deployed and…

Gold prices posted their largest weekly percentage drop in more than 14 years Friday, bucking the metal’s usual safe-haven appeal even as the conflict in Iran continues to escalate.