Alan Greenspan, Fed chair from 1987 to 2006, died at 100. He was praised for steering the 1990s boom but later blamed for low rates that fueled the 2008 housing bubble.
financeTuesday, June 23, 2026
Greenspan dies at 100; M&A deal value surges
Alan Greenspan's death at 100 marks the end of an era, but his legacy is complicated by the 2008 crisis. Meanwhile, M&A is on track for a $4 trillion year, and a bipartisan housing bill aims to cool prices. Crypto faces regulatory and technical headwinds.
Greenspan's legacy
The financial world pauses to remember the man who shaped decades of monetary policy, even as his reputation remains contested.
Deals and housing
Two big-picture stories: M&A is booming on AI megadeals, and Washington is taking aim at housing affordability.

PwC projects global M&A deal value will hit $4 trillion in 2026, with megadeals over $5 billion driven by AI demand accounting for nearly half the total.
The bipartisan ROAD to Housing Act passed the Senate, aiming to lower home prices by restricting institutional investors and cutting construction red tape.
Crypto crosscurrents
Crypto markets face a bear flag warning and regulatory scrutiny, while institutional adoption shifts the narrative toward proven utility.
An analyst warns Bitcoin is forming a bear flag pattern that could send it to $55,000, as headwinds from a hawkish Fed and rising bond yields mount.
Polymarket is seeking CFTC approval to return to the US, but a WSJ investigation found its viral videos featured fake bets totaling $1.9 million.
A16z Crypto argues the market has moved from visionary ideas to a 'Show Me' era where projects need proven utility and mainnet performance.
Also today14
Revenge of The Business Idiotwww.wheresyoured.atPayment Gateway Market Research Report—Global Forecast till 2035www.marketresearchfuture.com
Personal Loans Market Research Report - Global Forecast till 2035www.marketresearchfuture.com'Professionele witwassers zijn in opmars': 2 miljard euro aan verdachte geldstromen blootgelegdwww.tijd.be
Small Amount Credit Contracts Reviewtreasury.gov.au
CNBC Daily Open: U.S. waives Iran sanctions; rotation out of megacap techswww.cnbc.com
South Korea Pushes Crypto Travel Rule Expansioncointelegraph.com
South Korea's Financial Intelligence Unit (FIU) has proposed expanding the FATF Travel Rule requirements to cover smaller crypto transfers during a plenary meeting in Paris. The Travel Rule is a global Anti-Money Laundering standard requiring crypto exchanges to share sender and
Are You ’Mass Affluent’ Not ‘Truly Rich’? Sorry, Your Wealth Manager Might Be AI Nowgizmodo.com
A Bloomberg report reveals that wealth management firms are increasingly automating services for clients with less than $1 million in liquid assets, a group McKinsey consultant Debasish Patnaik calls "mass affluent." These clients may find their wealth managers replaced by AI-dri
Liam Payne’s 9-Year-Old Son Named Sole Inheritor of Singer’s $29 Million Estatewww.rollingstone.com
Liam Payne's 9-year-old son Bear has been named the sole beneficiary of the late singer's $29 million estate, according to legal documents. Payne died in October 2024 without a will. Bear's mother, Cheryl, has been appointed administrator of the estate alongside music industry la
Tuesday’s Economic Calendarseekingalpha.com
A brief economic calendar entry noting the release of the flash Composite Purchasing Managers' Index (PMI) at 9:45 AM. The PMI provides an early estimate of private sector output based on surveys of approximately 1,000 manufacturing and service sector companies. The content is mi
Why Coca-Cola and the US taxman are at war over a $20bn tax billwww.aljazeera.com
Coca-Cola and the IRS are set for a Florida court hearing in a long-running legal dispute over transfer pricing practices related to the company's overseas profits. The case, which could result in a $20bn tax bill for Coca-Cola, centers on how the beverage giant prices transactio
EU and Hong Kong in talks on new financial services dialogue, envoy sayswww.scmp.com
The European Union and Hong Kong are in talks to establish a new financial services dialogue, according to EU Office head Ambassador Harvey Rouse. Speaking at the Greenway 2026 forum, Rouse highlighted opportunities for cooperation on sustainable innovation and the green transiti
Grayscale: Federal Reserve Rate Pause Could Spark Bitcoin Rallycryptofox.news
Grayscale Research Director Zach Pandl suggests Bitcoin could see a price recovery if the Federal Reserve pauses its interest rate hikes. The analysis highlights a divergence between stock market performance (boosted by AI spending) and non-interest-bearing assets like Bitcoin an
Asian stocks mostly lower as investors reassess Fed path and global growth outlookseekingalpha.com
Asian equities mostly declined as investors reassessed expectations for higher U.S. interest rates, which outweighed support from easing Middle East tensions. U.S. equity index futures also fell, with technology shares showing the biggest weakness (Nasdaq -1.06%, S&P 500 -0.57%,
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geopolitics roundupIran talks, oil moves, and China AI gap
economics roundupGreenspan dies at 100; labor and healthcare woes

AI-designed vaccine tested in humans

