Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens
Stablecoins are seemingly everywhere, with Mastercard, Visa and JPMorgan all making recent moves in the crypto token space. ...
Category: Economy
At 20 years old, Reddit is defending its data and fighting AI with AI
After two decades, Reddit faces the emergence of AI chatbots that threaten to inhale its vast swaths of data and…
What’s in the Senate’s version of Trump’s spending bill — and who stands to benefit
One major sticking point for Republican fiscal hawks is the megabill's proposed $5 trillion debt ceiling increase. ...
Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response
Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y. ...
Trump’s war against the Powell Fed has taken another political turn
While Trump's name-calling of Powell isn't particularly new, the words now could signal action. ...
Tesla head of manufacturing Omead Afshar fired by Elon Musk
Omead Afshar, Tesla's head of manufacturing and operations, has been fired from the company by CEO Elon Musk after declining…
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts, but investors are wondering if sales…
China confirms details of U.S. trade deal
The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further…
Micron reports earnings, revenue beat and issues strong forecast
Micron reported earnings and revenue on Wednesday that exceeded analysts' estimates. ...