finance

VanEck files S-1 application to launch spot AVAX ETF
VanEck has submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC) for a proposed Avalanche exchange-traded fund (ETF), aiming to provide investors with direct expos...

Gen Z Accounts for Largest Increase in Paycheck-to-Paycheck Consumers
Generation Z saw the sharpest increase in the number of people living paycheck to paycheck over the past two years. The share of Gen Z consumers living paycheck to paycheck leapt from 57% in January 2...

Caitlin Long Accuses Senator Elizabeth Warren of Smothering Bipartisan GENIUS Act, Focused on Stablecoins
In the fast-evolving yet still nascent ecosystem of web3 and cryptocurrency, stablecoins— virtual currencies pegged to stable assets like the U.S. dollar—have emerged as a cornerstone of the digit...

Retail’s Perfect Storm May Be Brewing as Consumer Outlook on Jobs and Inflation Darkens
Airlines and some of the largest commerce firms are cutting guidance for the current quarter as consumers pull back at the register and on travel booking sites. There are signs the pullback may be sha...