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Business News

Location American Business News for 2 July 2024
Supreme Court's Chevron Decision Curtails SEC Chair Gensler's Regulatory Abuses, Says Congressman Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The...
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Paxos Gains Full Approval From Singapore's Monetary Authority for Digital Token Services Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos's global stablecoin operations. The approval permits ...
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Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries Oil futures rose Tuesday, trading at their highest since late April, with gains tied to expectations for heavy travel around the Independence Day holiday and concerns that powerful Hurricane Beryl could later cause disru...
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Nvidia is most-owned chip stock in active funds -- but another is moving up fast Broadcom continues to see its ownership grow.
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Invested in cryptos this year? You will have to pay tax at this rate... Any gains accrued on your investment in cryptocurrencies are liable to 30 percent tax while no set off is allowed for losses incurred in crypto trading
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CUDA is Nvidia's secret sauce — and now it's in the sights of European regulators Nvidia is facing serious scrutiny from regulators about its blistering rise to power and concerns over its software.
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6 reasons active management is a bad idea for your investments Timing the market is a recipe for failure. Do this instead.
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Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin - using the asset to secure other crypto networks.
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Steve Ballmer is now worth $157 billion — more than his former Microsoft boss Bill Gates Steve Ballmer went from being Bill Gates' assistant to his successor as Microsoft CEO, and now he's surpassed him in wealth for the first time.
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Bitcoin miner Northern Data mulls IPO for its AI unit: Report Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025.
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Circle's Stablecoins Now MiCA Compliant

Bitcoin.com - 2 Jul 2024 03:20
Circle's Stablecoins Now MiCA Compliant Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU's Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customer...
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Ex-law enforcement group opposes NY distilleries from directly shipping to customers: 'Recipe for disaster' A group of ex-law enforcement wants Gov. Kathy Hochul to veto a bill that would let New York micro-liquor distillers and cideries directly ship to customers, claiming it will increase underage drinking.
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Now one of the fastest-growing forms of adversarial AI, deepfakes-related losses are expected to soar from $12.3 billion in 2023.
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US headed for a deep recession in near future as stocks could fall 30%, analyst warns Stocks notched a new record in mid-May, with the Dow Jones Industrial Average topping 40,000 for the first time ever, but they have since fallen from those highs.
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FTC unanimously votes to block $4B Tempur Sealy, Mattress Firm merger The commission said the acquisition could hike prices for consumers, take out competitors and cut jobs at rival mattress companies.
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How to buy Eagles tickets: Las Vegas Sphere dates and prices compared The legendary Eagles kick off their 2024 Las Vegas residency on September 20. Resale tickets start at $280.
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Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
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DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to stream...
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Kevin Costner needs 'Horizon' to make roughly $65 million at the US box office to break even. It's not even halfway there. We break down the steps Kevin Costner needs to take to recoup the millions he put into his epic, "Horizon," after a lackluster first weekend at the box office.
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After Vladimir Putin and Kim Jong Un signed a new strategic pact including mutual defense, Russia is sending kids to a North Korean summer camp.
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Climate-friendly bank gets dinged by FDIC over its funding model Maryland-based Forbright Bank, which is led by a onetime Democratic presidential candidate, relied extensively on brokered deposits as it grew after a 2021 rebranding. The bank says it has made changes in response to reg...
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Hunter Biden has upped his presence at the White House, advising his father and taking part in meetings with him, per NBC News.
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