Bitcoin and Ethereum are under strain ahead of today’s widely watched Jackson Hole speech by Federal Reserve Chair Jerome Powell. At present, Bitcoin is priced at $112,517.20, down 5.4% this week, while Ethereum is down 7.4% to $4,296.05. XRP is also showing weakness, down almost 9% over the same time.

Walmart’s CEO Doug McMillon didn’t hold back on the impact of tariffs on his company’s earnings call yesterday — costs were increasing by the week, he said.

Trump, who promised much lower mortgage rates during his campaign, has for months demanded dramatic cuts to the Fed's policy rate, at various points threatening to fire or sue Powell in his attempts ...