Kevin Warsh may be headed for one of the hardest jobs in Washington. If he takes over the Federal Reserve in May, he could walk straight into a split-screen economy. Inflation may still be too high. The job market may be getting weaker. Energy prices may be pushing costs up again. That would leave Kevin
Artificial intelligence won’t be the large-scale job-taker as feared, as the tech needs workers to build and then maintain the trillions of dollars worth of infrastructure for it to run, says Nvidia founder Jensen Huang. Huang argued in a blog post on Tuesday that AI has become “essential infrastructure, like electricity and the internet,” and
Changpeng Zhao is richer than Bill Gates. The Binance founder’s net worth hit $110 billion on Forbes’ 2026 World’s Billionaires list, ranking him 17th globally — just 17 months after he walked out of a California federal prison. CZ’s rise reflects a broader transformation: crypto wealth is no longer on the margins of global finance.
BitGo will provide custody and trading services for StableX Technologies’ digital asset treasury as it plans to acquire up to $100 million in crypto tokens tied to the stablecoin sector. According to Tuesday’s announcement, BitGo Trust Company will serve as the custodian for StableX’s digital asset holdings, while BitGo’s trading platforms will help execute the
Global markets are focused on the FED meeting to be held on March 18th. According to Polymarket, an investment forecasting market, investors are almost certain that the Fed will not change interest rates at this meeting. According to forecast contracts traded on Polymarket, 99% of investors expect the Fed to keep interest rates unchanged at
Corporate treasury teams are replacing bank wires with stablecoin settlements, as USD Coin ($USDC) overtakes Tether ($USDT) in transfer volume and total stablecoin activity reaches record levels. The shift reflects a broader structural change in how businesses move money, one driven by speed, cost, and institutional demand for regulated dollar-denominated rails. Stablecoin Volume Hits Records
In its latest report, Bank of America stated that persistent shocks in oil prices could pave the way for the Federal Reserve to ease its monetary policy. According to the bank, while markets largely view rising oil prices as a threat to inflation, supply shocks pose risks to both sides of the Fed’s dual mandate.
Shares of Circle (CRCL), the crypto firm behind the $USDC ($USDC) stablecoin, could add to their recent remarkable surge, according to analysts at brokerage Bernstein. The team, led by Gautam Chhugani, rate the stock at outperform with a $190 price target, suggesting about 60% upside from current $120 level. And that’s after the stock rallied