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Key Takeaways BlackRock is restructuring its money market fund to meet the needs of stablecoin issuers under the US GENIUS Act. The move aligns the fund with the asset composition typically used to back regulated stablecoins such as USDC and PYUSD. Share this article BlackRock is reconfiguring its money market fund to cater specifically to … Read more
Key Takeaways Gold prices are projected to surpass $4,000 per ounce amid rising retail demand, as reported by The Wall Street Journal. Individual investors are increasingly moving funds from traditional assets like treasuries to gold, boosting price momentum. Share this article Gold is positioned to reach $4,000 per ounce as retail demand continues to surge, … Read more
The crypto market is surging this week, with Bitcoin and Ethereum nearing their all-time highs and the total market capitalization climbing above $4.2 trillion. This article breaks down the top four drivers behind the rally, including growing expectations that the Federal Reserve will cut interest rates before the end of the year. Summary The crypto … Read more
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop … Read more
Google Cloud announced Thursday it has added fast-rising AI coding startups Lovable and Windsurf to its roster of customers. Both companies have chosen Google Cloud as their primary cloud computing provider, the latest sign of Google’s rising prominence against larger rivals AWS and Microsoft Azure. The deals also highlight Google’s efforts to make its cloud … Read more
China said it will prevent excess competition in the red-hot artificial intelligence sector, a signal that Beijing wants to avoid wasteful investment even as it seeks to turn the technology into a key pillar of the economy. The country’s top economic planner said the government will encourage provinces to develop AI in a coordinated and … Read more
A sweeping new report from MIT’s Project NANDA, “State of AI in Business 2025,” has uncovered a dramatic split in the landscape of enterprise artificial intelligence: while official AI adoption in companies stalls, a robust “shadow AI economy” is flourishing under the radar, powered by employees using personal AI tools for day-to-day work. The main … Read more
Tourists are booking cooler, quieter and less crowded vacations this year, pivoting away from Europe’s traditional summer hotspots amid growing concerns over blistering heat and raging wildfires. The trend reaffirms the phenomenon of so-called “coolcations” — a portmanteau of “cool” and “vacation,” which refers to tourists seeking cooler climes instead of a hot, peak-summer destination. … Read more
Preeti Sarkar is a content creator and owner of the clothing brand, Peetizen. Courtesy of Preeti Sarkar Preeti Sarkar started posting on YouTube at the age of 18. Today, the 24-year-old has amassed a following of about 1.6 million on both Instagram and YouTube, and has launched her own clothing brand. She’s part of the … Read more
Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’ to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item ‘pick-me-ups’ is a well-established recession-resistant trend, with consumers often turning to purchases of … Read more
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