GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the…
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions. ...
Reddit stock jumps after company rolls out new AI advertising tools
Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement. ...
JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
JPMorgan, the biggest U.S. bank by assets, shook up the card industry with the launch of the Sapphire Reserve almost…
Investors see stagflation ahead but slow interest rate cuts, CNBC Fed survey finds
Respondents continue to forecast weaker growth and higher inflation than they did at the beginning of the year. ...
Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early
The conflict also prompted a statement from G7 leaders, affirming support for Israel, while calling for a resolution to the…
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Sentiment among the nation's homebuilders fell due to stubbornly higher mortgage rates, tariff concerns and economic uncertainty among consumers. ...
Harley-Davidson recalls 82,100 motorcycles for tire-pressure related crash risk
A faulty part in 82,100 Harley-Davidson Softail motorcycles could cause dangerous tire pressure loss, prompting a recall with free repairs…
New legislation aims to tell China ‘no’ on buying up American farmland
Bipartisan lawmakers introduce bill to increase oversight on foreign ownership of U.S. farmland, with China's 277,000 acres of holdings under…