
Crypto Sentiment Flips to 'Extreme Greed' for the First Time Since Late 2024
The Fear and Greed Index printed 81 after sitting at 36 a month ago — a 45-point sprint between extremes that has no precedent in the gauge's history.

Why Trump Wants H-1B Visas to Cost Employers More Than $100,000
A proposed one-off fee, payable whether or not the application succeeds, on top of existing charges of $2,000 to $5,000.

Nvidia's $12.9bn Move for Hugging Face Would Put Silicon and Distribution Under One Roof
The largest GPU maker buying the largest open-model hub would concentrate the entire open-source AI pipeline inside one company.
Markets
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Core Prices Rose 3.3% in the Year to July, the Fed's Preferred Gauge Shows
Headline PCE came in at 3.7%, a tenth above consensus. Income and spending both beat expectations.

Crypto Sentiment Flips to 'Extreme Greed' for the First Time Since Late 2024
The Fear and Greed Index printed 81 after sitting at 36 a month ago — a 45-point sprint between extremes that has no precedent in the gauge's history.

Mistral and Saudi-Backed HUMAIN Strike Hundreds-of-Millions Deal for 'Sovereign AI'
The Paris lab will localize its open-weights models on Saudi infrastructure — the latest sign that states now want AI they control, not AI they rent.
Crypto
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Bitcoin Could Overtake Gold in the Next Bull Run, Says CZ
The Binance founder told a Hong Kong audience the obstacle is institutional, not technical — and that the valuation gap has narrowed to roughly tenfold.

Charles Schwab Adds Solana, Avalanche and Chainlink
The brokerage is expanding past Bitcoin and Ether just months after opening direct crypto trading to retail clients.

Bitcoin's 23% Rally Sent Beaten-Down Miners Past the AI Stocks
Canaan, American Bitcoin and Cango jumped as much as 67%, reversing the market's preference for miners pivoting into AI.
Politics
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California Is Preparing for the President to Call Its Election a Fraud
Trump has said the state's mail-in voting is 'a fraud'. Officials are answering with public tours of the count.

Two Killed at School Near Berlin in What Police Call a Domestic Violence Incident
An 18-year-old student and a 30-year-old man who tried to intervene died in Gosen-Neu Zittau. A 19-year-old suspect has been arrested.

Ratko Mladić Dies at 84 in UN Custody
The Bosnian Serb commander convicted of genocide over Srebrenica died in the UN detention facility at The Hague. The court has ordered a full inquiry.
Business
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Atoire Raises $9.5m to Sell Luxury Goods Without the Luxury Markup
Same factories, same Italian leather, a few hundred dollars instead of a few thousand. a16z Speedrun and Lightspeed's Jeremy Liew are backing it.

A Feeding Bowl That Listens to Your Dog Chew
Hoomanely's EverBowl records eating speed, swallowing sounds and facial thermals to spot illness weeks before an owner would.

The 'Upper-Middle-Class Trap': Why $300,000 a Year Stopped Feeling Like Winning
Households earning $200,000 to $400,000 are working more for goods and services of declining quality, argues Ritholtz COO Nick Maggiulli.
More stories
12 reportsBitcoin's Bottom Signal Is Flashing. The Data Says Don't Rush.
VanEck's capitulation dashboard lit up — and its own history shows those clusters underperformed over the following three and six months.

Ex-ICE Agent Charged Over a Shooting Walks Free From a Texas Jail
A federal judge declined to order Christian Castro's return to Minnesota, where a nationwide warrant for his arrest was issued in May.

Bitcoin Could Overtake Gold in the Next Bull Run, Says CZ
The Binance founder told a Hong Kong audience the obstacle is institutional, not technical — and that the valuation gap has narrowed to roughly tenfold.

Huang Says Nvidia Has 'Achieved AGI' — and That the Milestone Is Senseless
The industry's supposed finish line got announced and dismissed in the same breath on an earnings call. He has a point.

The 'Upper-Middle-Class Trap': Why $300,000 a Year Stopped Feeling Like Winning
Households earning $200,000 to $400,000 are working more for goods and services of declining quality, argues Ritholtz COO Nick Maggiulli.

Charles Schwab Adds Solana, Avalanche and Chainlink
The brokerage is expanding past Bitcoin and Ether just months after opening direct crypto trading to retail clients.

American Companies Are Quietly Starting to Buy Chinese Open-Weight AI
Spending on platforms serving open and Chinese-developed models rose to 6.1% of AI-spending businesses in July from 4.5% in January, according to Ramp data.

Norwegians Gather at the Palace as King Harald's Condition Worsens
Europe's oldest head of state, 89, has spent ten days in hospital with a rare blood condition. Crown Prince Haakon has been serving as regent.

Hackers Take Data on Nearly Nine Million Airport Customers — and Are Refused a Ransom
Manchester Airports Group says contact details, vehicle registrations and postcodes were lifted from its terminal WiFi sign-up system. It declined to pay.

Israeli Strikes on South Lebanon Kill Woman Married 48 Hours Earlier
Six wounded including a child and two elderly people, as at least ten strikes hit the Nabatieh area.

Bitcoin's 23% Rally Sent Beaten-Down Miners Past the AI Stocks
Canaan, American Bitcoin and Cango jumped as much as 67%, reversing the market's preference for miners pivoting into AI.

Mamdani Builds a Business Council — Without Wall Street or Big Tech
Chobani and Etsy said yes. JPMorgan, Citi, BlackRock, Meta and Alphabet are all absent from New York's new 15-member advisory body.

The Brief
Every weekday morning: the stories setting the agenda in markets, business and policy. No hype, no filler.
