Business News
Supreme Court's Chevron Decision Curtails SEC Chair Gensler's Regulatory Abuses, Says Congressman
Bitcoin.com - 2 Jul 2024 02:34
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...
Paxos Gains Full Approval From Singapore's Monetary Authority for Digital Token Services
Bitcoin.com - 2 Jul 2024 17:34
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 ...
Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries
Market Watch - 2 Jul 2024 16:56Nvidia is most-owned chip stock in active funds -- but another is moving up fast
Market Watch - 2 Jul 2024 16:48Invested in cryptos this year? You will have to pay tax at this rate...
livemint.com - 2 Jul 2024 16:47
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
CUDA is Nvidia's secret sauce — and now it's in the sights of European regulators
Business Insider - 2 Jul 2024 16:336 reasons active management is a bad idea for your investments
Market Watch - 2 Jul 2024 16:24Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M
Coin Desk - 2 Jul 2024 16:00
Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin - using the asset to secure other crypto networks.
Steve Ballmer is now worth $157 billion — more than his former Microsoft boss Bill Gates
Business Insider - 2 Jul 2024 15:18Bitcoin miner Northern Data mulls IPO for its AI unit: Report
Coin Telegraph - 2 Jul 2024 07:11
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.
Circle's Stablecoins Now MiCA Compliant
Bitcoin.com - 2 Jul 2024 03:20
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...
Ex-law enforcement group opposes NY distilleries from directly shipping to customers: 'Recipe for disaster'
New York Post - 2 Jul 2024 01:31
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.
Deepfakes will cost $40 billion by 2027 as adversarial AI gains momentum
Venture Beat - 2 Jul 2024 00:39
Now one of the fastest-growing forms of adversarial AI, deepfakes-related losses are expected to soar from $12.3 billion in 2023.
US headed for a deep recession in near future as stocks could fall 30%, analyst warns
New York Post - 2 Jul 2024 23:37
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.
FTC unanimously votes to block $4B Tempur Sealy, Mattress Firm merger
New York Post - 2 Jul 2024 23:35
The commission said the acquisition could hike prices for consumers, take out competitors and cut jobs at rival mattress companies.
How to buy Eagles tickets: Las Vegas Sphere dates and prices compared
Business Insider - 2 Jul 2024 23:33Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report
New York Post - 2 Jul 2024 23:26
Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
Bitcoin.com - 2 Jul 2024 23:21
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...
Kevin Costner needs 'Horizon' to make roughly $65 million at the US box office to break even. It's not even halfway there.
Business Insider - 2 Jul 2024 23:18Russian children head to a North Korean summer camp as the countries strengthen ties
Business Insider - 2 Jul 2024 23:17
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.
Climate-friendly bank gets dinged by FDIC over its funding model
American Banker - 2 Jul 2024 23:12
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...
Hunter Biden has joined White House meetings with the president in recent days, report says
Business Insider - 2 Jul 2024 23:10
Hunter Biden has upped his presence at the White House, advising his father and taking part in meetings with him, per NBC News.