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A person walks by the Apple store on Fifth Avenue in New York City, U.S., May 1, 2025. Kylie Cooper | Reuters For the quarter that ended in March, Apple and Amazon reported top- and bottom-line numbers that beat analysts’ expectations, joining their fellow “Magnificent Seven” counterparts Alphabet, Microsoft and Meta Platforms on the podium. … Read more
Nursing influencer Hailey Okula’s husband, Matthew Okula, is sharing an honest update after her death. “For those of you who knew Hailey, you know the incredible joy she brought to everything she touched,” Matthew wrote via Instagram on Sunday, April 20. “And for those who didn’t know her personally, Hailey had an endless love for … Read more
Stock markets started the day poorly and ended it worse as chipmakers reported revenue impacts from the China trade war and a hawkish speech from Federal Reserve Chair Jerome Powell reignited fears of tariffs’ stagflationary effects. The S&P 500 lost 2.2%, led by a selloff in tech. The Dow lost 1.7% while the tech-heavy Nasdaq … Read more
If you’ve received an audit notice from the Canada Revenue Agency (CRA) about your crypto transactions, you’re not alone. Over the past few years, the CRA has ramped up enforcement in the digital asset space—requesting records from exchanges, flagging suspicious activity, and digging into years of transaction histories. A crypto audit can feel intimidating, especially … Read more
Custodia Bank founder Caitlin Long hopes a new lawsuit would unearth more details on debanking under former President Joe Biden’s regime. The Trump Organization has sued Capital One Bank for allegedly closing over 300 bank accounts in 2021 “without cause” as tech bigwigs and crypto leaders lamented the debanking crisis during previous administrations. Today, the … Read more
Key Takeaways Wintermute predicts stablecoins will become deeply integrated with traditional finance in 2025. The firm’s 2024 review and 2025 outlook highlight stablecoins’ efficiency and global reach as catalysts for adoption. Share this article Crypto trading firm Wintermute expects stablecoins to become deeply integrated with traditional finance in 2025. This integration will be driven by … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. The World Bank has raised its near-term economic forecasts for China while repeating calls for President Xi Jinping to pursue deep reforms to address lagging confidence and structural problems in the world’s second-biggest economy. The … Read more
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