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....
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
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....
Bitcoin’s muted 2025 rally and fading altcoin cycle point to a structural market shift, leaving crypto’s 2026 outlook tied to institutions, rates and retail return....
French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
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...
If you were to purchase a standalone Nvidia GeForce RTX 5090 graphics card today, you'd be paying $3,000 or more. Why not just get a complete RTX 5090 prebuilt gaming PC for a similar price? HP is cur...
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 ...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
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....
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
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...
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...
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...
If you're seeking the absolute best of the best in PC gaming performance, look no further than Alienware's flagship Area-51 prebuilts. Following CES 2026 , Dell has discounted an Alienware Area-51 AMD...
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...