Bitcoin and ether slide as the Fed’s rate decision looms: CNBC Crypto World

On today’s show, major cryptocurrencies fall ahead of the Federal Reserve’s decision on rates. Plus, President Trump’s World Liberty Financial crypto project said it sold $550 million in tokens, while the SEC’s acting chief said the agency’s considering dropping a crypto asset custody proposal presented under the prior administration. Also, HFR’s Kenneth Heinz discusses the launch of an expanded strategy classification system for hedge funds and alternative investment products focused on crypto.

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Google announces its AI-powered Pixel 10 smartphone series

August 20, 2025

Google announced its new series of Pixel smartphones, including the Google Pixel 10 Pro, which has new AI and durability features. Google on Wednesday debuted its latest line of Pixel smartphones that prominently feature the Gemini assistant as artificial intelligence increasingly becomes the battleground where device companies compete. The Alphabet company announced the Pixel 10 […]

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Another UK interest rate cut this year looks increasingly unlikely

August 20, 2025

A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images Traders see a growing likelihood the Bank of England will keep interest rates on hold for the rest of the year, after inflation came in at a […]

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Hertz to sell used vehicles online through Amazon Autos partnership

August 20, 2025

Hertz sells hundreds of thousands of vehicles per year, in addition to running its signature car rental business. Courtesy of Hertz Hertz on Wednesday announced it will start selling pre-owned vehicles on Amazon Autos, a move meant to bolster the car rental company’s retail operations as it looks to bring in more profits. Shares of […]