White House Report Says Stablecoins Will Keep Dollar Dominant
On Wednesday (July 30), the White House released its long-awaited report on digital asset policy, marking one of the most concerted federal efforts yet to bring structure to the cryptocurrency sector....
Investment Banks Expect IPOs to Pick Up in Second Half
Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half.
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Both banks’ executives said during earnings...
Kraken Accelerates Crypto Platform Expansion as Revenue Leaps 18%
Crypto platform Kraken said Wednesday (July 30) that it accelerated the building of its offerings in the second quarter and is focused on doing the same through the remainder of the year.
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Economy Rebounds on Import Drop and Consumer Spending Strength
A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according to the Bureau of Economic Analysis (BEA) advance estimate...
Amazon Updates Code to Keep Out Google AI Shopping Tools
Amazon is reportedly taking steps to block other companies’ artificial intelligence shopping tools from its website.
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The eCommerce giant updated the code on its site to in...
Chase Launches $4 Million Grant Program as Restaurants Struggle
Chase is working with the Independent Restaurant Coalition (IRC) to provide support for American restaurateurs.
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The partnership, announced Wednesday (July 30), includes $4 m...
Consumers Expand Use of AI Assistants in Daily Lives
Consumers are increasingly using artificial intelligence (AI) assistants in their personal lives as well as at work.
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While AI usage used to drop on weekends, that is less tr...
