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US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand.Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data. The funds had attracted $1.62 billion during the streak.BlackRock’s iShares Ethereum Trust ETF (ETHA) led Ether fund outflows with $53.4 million, while the Fidelity Ethereum Fund (FETH) lost $26.2 million and the Grayscale Ethereum Staking ETF (ETHE) shed $23.5 million, according to Farside Investors data. BlackRock’s staked Ether ETF (ETHB) partially offset those withdrawals with around $53 million in net…

Update (Sept. 3, 9:20 pm UTC): This article has been updated to include a statement from Kalshi.Michigan’s attorney general announced that a state court had ordered a preliminary injunction against Kalshi, blocking the prediction markets platform for residents amid what officials called “sports betting […] masquerading as an investment opportunity.”In a Wednesday notice, Attorney General Dana Nessel said that the Circuit Court for the 30th Judicial Circuit in Ingham County approved an order blocking Kalshi from offering event contracts to state residents. The company could be fined up to $500,000 per day for violations.“Kalshi long attempted to pass itself off…

In brief Covered websites must verify Utah visitors’ ages even when VPNs conceal their location. Verification providers cannot retain identifying information after granting access. Operators face penalties for violations and cannot provide VPN instructions to help users bypass age checks. Utah is testing new ground in the digital rights battle, becoming the first state to directly target VPN use for age verification.The state will now require websites that host adult material to verify visitors’ ages even when VPNs hide their location, putting operators on the hook for determining whether users are physically inside the state.Myriad: Who will top Spotify in…

THAILANDThai businessmen sue Tether for freezing $42M in $61M pig butchering caseTwo Thai businessmen have sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme.The plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October 2025, following an informal request from US Homeland Security Investigations.Authorities in the Eastern District of North Carolina only issued a seizure warrant for the funds later in February 2026. The warrant directed the burn and reissuance of the tokens…

The latest US effort to subdue Iran—an “economic D-Day” intended to cut off the Islamic Republic from the world economy—can’t succeed without the support of the country’s biggest trade partner. The only stable solution to the impasse in the Gulf is one that involves China and increases economic integration in the region. WASHINGTON, DC/BERKELEY—Last week, US Treasury Secretary Scott Bessent launched an “economic D-Day” program, intended to cut Iran off from all trading partners. So far, this intensified economic blockade has only contributed to an escalation of the US-Iran war, rather than moving it toward a conclusion.

en English Politics Sep 3, 2026 Jan-Werner Mueller The Alternative for Germany’s fixation on architecture is more revealing than it may seem. Cultural policy is not only one area where the party can actually change conditions on the ground at the state level; it is also intimately tied to far-right forces’ exclusionary political agenda. PRINCETON—Although the far-right Alternative for Germany (AfD) has been surging in the polls for two years, it has been kept from power by other parties’ refusal to enter governing coalitions with it. But…

Some fast-food chains offer a free birthday meal or snack – Burger King members can claim a free Whopper or Plant-Based Whopper, while Chopstix offers a free small noodle box.However, most restaurant birthday offers are buy-one-get-one-free deals rather than completely free meals.At Harvester and Zizzi’s it’s a free main when buying another full-price main. At Frankie & Benny’s you get a free main when purchasing two or more main meals.Byron offers a free burger with a £5 minimum spend, while Wagamama offers free gyoza when you spend £12 and have earned at least one stamp on your loyalty card in…

Economics Sep 3, 2026 Jonathan D. Ostry If a country opts for higher trade restrictions to promote its perceived domestic interests, a predictable policy is far superior to a volatile one. As new research shows, uncertainty causes unnecessary and large collateral damage to FDI inflows. TORONTO—When US President Donald Trump warned business leaders in Davos last year that tariffs were coming, he offered a word of friendly advice: “Come make your product in America” and thereby sidestep looming import duties from the get-go. In the months that followed,…

Venture investors poured $42 billion into just over 1,500 startups worldwide in August, Crunchbase data shows, down 25% from July’s $56 billion but still up a significant 122% compared to last August, which is typically a slower month for startup investment. Seven companies raised billion-dollar fundings in August, tied with a few months for the year’s second-highest count after July, when 13 companies did the same. The largest startup funding deal in August went to 13-year-old Databricks, which raised $5 billion at a $190 billion valuation. Other companies across a broad range of industries raised billion-dollar-plus rounds, a testament to…

Getty Images Download this episode on Apple Podcasts, Spotify, or you can listen below: Market sentiment has shifted rapidly from greed to fear, driving a sharp rotation (0:35) Steven Cress shares why falling stocks like Credo Technology are still buys due to compelling growth and valuation (13:40) Transcript Rena Sherbill: I am very happy to welcome back Mr. Steve Cress to our Investing Experts Podcast. It’s always great to talk to him. Welcome back to the show, Steve. Steve Cress: Hey, thank you so much for having me and organizing this. I appreciate it. Rena Sherbill: I don’t know if…