Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies....
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...
The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...
Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...
Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...