With the threat of “negative leap seconds” looming in the distance, official timekeepers are wondering if a leap hour might be a better alternative.
Leap Seconds Were a Headache. Now Timekeepers Are Considering a Leap Hour
Federal Reserve Chair Kevin Warsh's five policy review groups will be composed of a broad mix of business leaders, academics and former central bankers, including venture capitalist Marc Andreesen and former Fed Gov. Jeremy Stein.
Fed announces membership of monetary policy task forces
The companies urged the regulator to exempt blockchain developers and non-custodial wallet providers from rules designed for traditional financial intermediaries.
Phantom, Hyperliquid ask CFTC to modernize rules for onchain derivatives
Strategy raised the dividend on its flagship preferred stock to 12% in late June, but the security is still changing hands well below the $100 price the company says it wants investors to see. STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, traded in the mid-to-high $80s this week, with some sessions dipping […]
Debate Grows Over Strategy Using Bitcoin Sales to Fund STRC Buybacks
“The housing market is the best expression of the ‘K-shaped economy’ that we’re in right now,” one expert says.
What affordability crisis? Rich home buyers are powering the housing market.
The banks now let institutional clients mint and redeem Circle's USDC directly, turning them into stablecoin infrastructure providers.
Why Standard Chartered, BNY launched stablecoin rails
JD Power's closely watched survey of financial advisors' satisfaction with employee and independent brokerages crowned its perennial winners, with one interesting exception.
LPL surges in JD Power advisor satisfaction rankings ahead of Commonwealth onboarding
A federal judge reluctantly approved a $1.5 million settlement between Elon Musk and the Trump administration despite raising numerous concerns about a deal that lets Musk get off lightly for a rule violation that allegedly harmed Twitter investors. In an order approving the deal, US District Judge Sparkle Sooknanan said she "has significant misgivings about the settlement" between
Judge doesn't like Elon Musk settlement with SEC, but says court can't block it
The dunks on OpenAI's Voice Mode will continue until the model improves.
OpenAI Just Can’t Beat This TikToker
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and…
Raymond James shocks Wall Street with $800 SpaceX stock target
OpenAI is facing calls for "serious sanctions" after fighting to keep news organizations from snooping through millions of logs to find evidence of users skirting their paywalls by prompting ChatGPT to regurgitate their articles. This evidence is considered among the most important to both sides, potentially either dooming OpenAI as an infringer or exonerating its chatbot technolog
OpenAI may have made a fatal misstep in copyright fight with news orgs
According to the indictment, Block exposed its users to fraud by misleading them about Cash App's security. The company promised advanced fraud detection mechanisms but allegedly allowed scammers to operate freely. Investigators further alleged that the app did not provide a phone number for customer support, leading many users to...Read Entire Article
Cash App reaches $45 million settlement with 46 states over alleged failure to protect users from fraud
Health officials are reporting record numbers of the unpleasant gastrointestinal infection in southeastern Michigan.
Explosive Diarrhea Outbreak Hits Grim New Milestone as Cases Top 1,000
The latest GPT Live Voice models can listen, speak, and conduct online research all at the same time. Does it feel like you're talking with a real person? Almost.