USD/THB

Coinbase CEO Brian Armstrong sits down with POLITICO’s Dasha Burns for a wide-ranging conversation on the future of crypto, the growing political influence of the industry, and his vision for a world increasingly shaped by artificial intelligence. Plus, he responds to JPMorgan Chase CEO Jamie Dimon’s recent attack, after Dimon called him “full of s--t,” and ...

Several large data ⁠centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer ⁠demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator. The rapid expansion of data centers processing vast amounts of data for ...

Major U.S. banks reportedly plan to launch a tokenized deposit network as soon as the first half of 2027, in Wall Street's latest effort to integrate blockchain into traditional finance. According to a Thursday report from the Wall Street Journal, the network is expected to be operated by the Clearing House, a private-sector payments company owned by a ...

The May jobs report is strong, with non-farm payrolls rising 172k versus the 88k consensus expectation, plus there were 93k upward revisions to the past two months’ data. Private payrolls are up 120k versus 89k expected, while government added 52k. Meanwhile, the unemployment rate remained at 4.3% and wage growth slowed to 3.4% from 3.6%. The breakdown ...

With a great Jobs Report, like just announced, stocks should go up, not down. That’s the way it was for 200 years. Growth does not mean inflation! How else can a Country attain GREATNESS??? President DJT

FED'S HAMMACK SAYS ACTION ON INTEREST RATES COULD BE NECESSARY SOON. HAMMACK SAYS JOBS REPORT SHOWS LABOR MARKET IS ESSENTIALLY BALANCED. Fed's Hammack: It's reasonable to keep rates steady for now but if recent trends continue, it may soon be appropriate to act against high inflation. Cleveland Fed President Beth Hammack updates and restates her view from a few days ago: It's fine to leave rates where they are today but "if recent trends continue, it may soon be appropriate to act." [Translator key: Appropriate to act = raise rates]

WH Sr. Adviser Hassett: The Fed shouldn't hike, and will have room to cut. HASSETT SAYS THE FED CAN MONITOR INFLATION AND DELAY ACTION. HASSETT: FED HAS BEEN BEHIND THE CURVE, PLENTY OF ROOM FOR CUT

Federal Reserve officials' waning concern about the job market, so intense at the start of the year that it supported calls by many of them for interest rate cuts, will be tested on Friday with new data that also frames the opening debate of Kevin Warsh's term as head of the U.S. central bank. Economists polled by Reuters expect U.S. employers created ...

Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield." They discuss Friday's US jobs report and the path forward for new Fed Chair Kevin Warsh.

As reported by Senator Cynthia Lummis and Cointelegraph, a group of Senate Republicans sent a May 27 letter to Federal Reserve Vice Chair for Supervision Miki Bowman, Federal Deposit Insurance Corp. Chairman Travis Hill and Comptroller of the Currency Jonathan Gould, urging the agencies to clarify capital standards for companies engaged in crypto ...