PayPal Receives SEC Subpoena Over PYUSD Stablecoin
SEC's enforcement division requests documents from PayPal regarding its USD-pegged stablecoin
Economy
Prominent SPAC King Criticizes U.S. For Unsustainable Borrowing Amid Rising Treasury Yields
Chamath Palihapitiya calls out fiscal policies and suggests selling long-dated maturities to match America's future
Traders Brace For Fed Meeting With No Rate Hike Expected
Goldman Sachs forecasts focus on 'insurance cuts' amid economic growth concerns.
Do Spenders Or Savers Have Happier Lives?
A survey found 56% of Americans consider themselves to be “spenders”, while 34% identified themselves as “savers”.
Generational Divide: Talking About Money Still A Taboo
Survey reveals differences in financial openness and confidence among generations
US Stocks Eye Gains On Strong Mid-cap Earnings, Fed Meeting Looms
US stocks poised for potential gains as Smid-cap earnings outperform, while caution prevails ahead of Fed meeting
Tesla Faces Labor Dispute In Sweden As Union Considers Industrial Action
Swedish workers' union, IF Metall, in standoff with Tesla over collective agreement violation
Twitter Killer X Faces User Frustration And Declining Usage Under Elon Musk’s Ownership
Users report visibility issues, bans, and declining downloads and usage on social media platform X.
Massive $100B Deposit Exodus From US Banks Sparks Worries
Deposits flee US banks, raising concerns about financial stability.