Category: Uncategorized

Editor’s note: This article has been corrected. In mid-June, the Federal Reserve proposed new rules for stablecoins. The proposal calls for stablecoin issuers to verify customer identities before opening new accounts or redeeming tokens, effectively applying bank-style anti-money laundering standards to stablecoins. At first glance, this seems like bad news for Circle (CRCL +3.25%), the…

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The Dow Jones Industrial Average is poised to close above 52,000 for the first time in its 130-year history, reaching an intraday high of 52,311 on June 29. The S&P 500 and Nasdaq Composite both posted gains alongside the blue-chip index, driven largely by a rebound in the so-called Magnificent Seven tech stocks. Here’s the…

President Trump doubled down on his push to remove Lisa Cook from the Federal Reserve board after a divided Supreme Court blocked him from doing so immediately Monday. In a post on Truth Social, Trump noted the Supreme Court “sent back” the case to a lower court “on a strictly procedural basis.” The president also…

The Federal Reserve, under pressure from President Donald Trump to cut interest rates and bend to his will, just got an important assist from the U.S. Supreme Court. In Trump v. Cook, the justices took up the case involving Trump’s decision to terminate Lisa Cook, a member of the powerful policymaking Board of Governors of…

Tesla began rolling out FSD V14 Lite to early-access Hardware 3 owners. The update gives millions of older Teslas a long-awaited FSD upgrade, though it remains supervised and does not enable unsupervised driving. Elluswamy said V14 Lite “distills the driving behavior from AI4’s v14 series” into Hardware 3, with “significantly improved safety” as the biggest…

Tesla (NASDAQ: TSLA) is still one of the most important automakers in the world, even though investors are currently focused on Elon Musk’s other public company, Space Exploration and Technologies Corp (NASDAQ: SPCX). That said, Tesla’s stock has been holding up fairly well over the past year, rising around 17% as of this writing, just…

Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. In a 5-4 decision, the court ruled that the president cannot fire the seven members of the Fed’s board of governors without a clear cause. The decision endorses the Fed’s independent structure even as the court eliminated such…

Equity mutual funds invest primarily in stocks across large-cap, mid-cap, and small-cap segments, spanning different sectors and industries. Several equity funds have delivered strong returns over the past five years, even through periods of market uncertainty and fluctuations. So, let’s take a look at the top five performing diversified equity funds. Top 5 diversified equity…

Quick Read Cantor Fitzgerald hiked Intel stock’s price target to $150 but kept a Neutral rating, while the broader analyst consensus of $96 sits below the current share price. Intel landed new deals with Google and a CPU slot in NVIDIA’s DGX Rubin systems, but Intel’s quarterly earnings fell 72% year over year. Don’t wait:…