Crisis firefighting has given way to a dependence on government and central banks

US president invites Ukrainian counterpart to Washington on Monday after failing to secure ceasefire from Vladimir Putin

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Wells Fargo is projecting US retail sales to be +0.6% m/m, with a bounce in auto sales and higher prices set to provide a sizable lift to the headline reading. But when excluding autos, the firm says "we look for the sales gain to be half as large (+0.3%)". That as "consumers have shown signs…

The hacker behind the Radiant Capital $58 million October 2024 exploit now holds $103 million in Ether since the asset’s price almost doubled.

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Macron adds that Trump clearly ruled out Ukraine joining NATO during their meeting. However, he expressed willingness for the US to provide Ukraine with security guarantees as part of efforts to reach a ceasefire with Russia. For some context, NATO membership for Ukraine has been an impediment in getting any peaceful resolution with Russia. So,…