Rory Henry, a 2-year-old living in Fort Worth, is plagued by an obsession. She’s watched Disney’s Polynesian animated film, “Moana,” about 40 times in the past year and a half. She has a pig toy in the shape of Pua, Moana’s sidekick. A karaoke microphone that plays a song from “Moana 2”. And “Moana” dresses, […]
Kids can’t stop watching “Moana.” There is a scientific explanation. Read More »
The 21st Century ROAD to Housing Act, a bipartisan law that took effect at midnight Friday, is both the largest housing effort in a generation and unlikely to do much to alleviate the high cost of renting and homeownership in America in the near future. This legislation is not a big-society achievement, like the 1965
What’s in the housing bill that just became law Read More »
The Trump administration subpoenaed several New York Times journalists on Friday after the newspaper reported this week on security concerns regarding the new Air Force One gifted by Qatar to President Trump. The subpoenas — which aim to force journalists to testify before a federal grand jury in Manhattan on Wednesday — constitute an extraordinary
Times journalists subpoenaed as Trump steps up pressure on media Read More »
Veteran trader Peter Brandt predicts a peak between $300,000 and $500,000. Bernstein analysts Gautam Chhugani and Mahika Sapra expect prices to reach $500,000 by 2029, citing growing demand for spot exchange-traded funds (ETFs). Reality check However, even though four-year cycles have consistently produced new all-time highs, the reality of this cycle is different. As Bitcoin
Bitcoin Halving Cycle History Challenges $300,000-$500,000 Predictions Read More »
In a wide-ranging conversation on CoinDesk Spotlight, Schultz presented a vision for Meta’s future in which agent trading is not a product category but an inevitability. “We think this could be the next level of activity for our entire company,” he told host Sam Ewen. The agentic economy is already here, but it is unevenly
Meta’s chief data officer says agent commerce is the ‘next level of business’ Read More »
As tech employees have become more outspoken at work over the past decade, companies have often fired or disciplined those they believe have gone too far. It is rare for workers to find legal recourse. But a decision handed down last week constitutes a rare exception. An administrative law judge with the National Labor Relations
Atlassian employee illegally fired: rare legal victory for technician Read More »
The limit on CBDCs expires at the end of 2030, although there is little chance of a Fed digital currency being implemented by then. Appetite is limited at the central bank, where its previous leaders — even before Trump’s new Fed Chairman Kevin Warsh arrived — had long said such an effort would require White
US government’s digital dollar set to be banned tonight under Housing Act’s CBDC limit Read More »
Hyundai, the world’s third-largest automaker by vehicle sales, has put a cross-border internal funds transfer system based on stablecoins on the Avalanche blockchain into production, becoming the first major South Korean company to do so. “Hyundai is the first major company to publicly announce this type of implementation on Avalanche, but the initiative represents more
Hyundai adopts stablecoins for cross-border cash transfers Read More »
Viewed as a whole, the U.S. stock market has seen a continued AI rally, shifting focus to different groups of stocks while retaining its power. The first to rise to the market were the big tech stocks of the so-called Magnificent Seven, including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. As the rally spread,
AI has rewarded investors. This could now represent their biggest risk. Read More »
This hidden form of taxation, first used by nations after World War II, allows authorities to finance deficits cheaply, gradually erode the real value of the debt burden through moderate inflation, and avoid the relatively damaging alternatives of outright default or severe austerity. (Other indebted countries like the US, UK and European countries could do
