Feed Items
Goldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows.
Kaplan, the former president of the Federal Reserve Bank of Dallas, tells CNBC in a new interview that the low unemployment figures are not telling the full labor story because the overall labor pool is shrinking due to President Trump’s immigration efforts.
“I’ve been saying for...
The US economy is in “a new bull market,” according to Mike Wilson, Morgan Stanley’s chief US equity strategist.
Wilson says in a new interview with Bloomberg TV that Morgan Stanley believes the economy had been in a three-year rolling recession that ended in April.
“Now we’re in a new bull market and capital markets activity is just another sign that that analysis or that conclusion is probably...
A new multi-million dollar guaranteed income program is reportedly launching in one US city to help survivors of domestic violence and foster youth.
The Los Angeles City Council has just allocated $2 million for the pilot program that aims to provide $1,000 monthly payments to qualifying participants for two years, reports ABC7.
LA council member Hugo Soto-Martinez, who led the effort with...
August 8, 2025 – San Jose, California
CARV, the first AI infrastructure that is powering the rise of sovereign AI Beings, proudly marks the successful conclusion of the Tech Fairness Hackathon, co-hosted with FAIR3 and HackQuest.
The global hackathon, focused on building open, equitable AI and Web 3.0 technologies, drew over 600 applicants and more than 200 registered projects, culminating in...
Warren Buffett has reduced Berkshire Hathaway’s stake in short-term Treasury bills by tens of billions of dollars and is doubling down on one broadcasting company’s stock.
New SEC filings show Buffett’s short-term Treasury bill holdings declined by $42.867 billion at the close of the second quarter of the year when compared to December 2024, with total holdings of T-bills now at $243.605 billion...
An Ethereum (ETH)-based decentralized finance (DeFi) altcoin is on the rise after gaining support from the top US-based crypto exchange platform.
In a new thread, Coinbase says it is adding support for Euler (EUL), a lending and borrowing protocol built on top of the second-largest digital asset by market cap.
“Euler (EUL) is now live on http://coinbase.com and in the Coinbase iOS and Android...
The chief investment officer (CIO) of digital asset firm Bitwise, Matt Hougan, believes the pro-crypto stance the U.S. Securities and Exchange Commission (SEC) has recently taken is massively bullish for the industry.
In a new blog post, Hougan says the recent speech by the SEC Chair Paul Atkins outlining a future where traditional assets will be moved to public blockchains and where...
A widely followed crypto analyst says that Ethereum (ETH) is experiencing intense demand and should see positive price action in the near future.
In a new strategy session, the pseudonymous crypto trader Pentoshi tells his 877,100 followers on the social media platform X that the top altcoin is experiencing unquenchable demand and should soon hit a new all-time high (ATH) price.
“ETH breaking...
The former CEO of the crypto titan Binance is reportedly taking action to terminate the lawsuit filed by the bankruptcy estate of the collapsed digital asset exchange FTX.
In November, the FTX trust and FTX Digital Markets filed a suit against Binance, the exchange’s co-founder Changpeng Zhao and several other executives over a July 2021 share repurchase deal with FTX founder Sam Bankman-Fried....
The formerly married CEO and President of a Hawaii-based shipbuilding firm have received a combined 15-year prison sentence for a $29 million investor fraud scheme.
According to the U.S. Department of Justice (DOJ), Curtis Jackson and his ex-wife, Jamey Jackson, have been sentenced for fraud due to their connection with Semisub Inc.
“According to court documents and evidence presented at trial,...