Finance
X Money App Edges Closer to Public Launch
Elon Musk's "everything app" X, incorporating payments and banking, is nearing its public debut. Early testers report attractive savings rates and cashback...
The Editorial Team 276 articles
Markets
Tillis Lifts Blockade on Warsh Fed Chair Nomination
Senator Thom Tillis is ready to advance Kevin Warsh's nomination for Fed chair following the DOJ's closure of its investigation into current...
World Business
Euro Area Business Activity Shrinks First Time Since Late 2024
Euro area business activity contracted for the first time since late 2024, driven by a weak services sector and suppressed demand linked...
Finance
Norfolk Southern Profit Dips 27% on Ohio Derailment Payout Absence
Norfolk Southern's first-quarter profit fell 27% due to not collecting major insurance payments for the East Palestine derailment and increased merger costs...
Investing
Institutions Confront Stablecoin Transparency Barrier
Stablecoins' radical transparency, while enabling internet-native money, actively deters institutional adoption due to privacy concerns over sensitive corporate data. New intermediaries are...
Markets
G-7 Central Banks Brace for Energy Shocks, Keep Rates Steady
Policymakers across the G-7 are set to keep interest rates steady this week, maintaining a hawkish stance as they monitor rising energy...
Economy
March Retail Sales Climb 1.7% Amid War, Trump’s Economic Approval Dips to 30%
U.S. retail sales surged 1.7% in March, largely driven by a spike in gas prices from the Iran war, while President Trump's...
Finance
Morgan Stanley Unveils Fund for Stablecoin Reserve Management
Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio (MSNXX), a government money market fund for stablecoin issuers to invest reserves, aligning...
Finance
Simply Business Brings Insurance Quoting to ChatGPT with Three Data Points
Simply Business has launched a ChatGPT app, allowing small businesses to receive indicative insurance prices using just three data points. This marks...