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Home > Latest

Lates News

date
15/04/2026
The nominee for Chairman of the Federal Reserve, Lael Brainard, will attend a hearing at the Senate Banking Committee on April 21st.
Latest
4 m ago
On April 14, US Senator Thom Tillis stated that the Senate is expected to release a revised draft of legislation regarding the distribution of profits from stablecoins this week. Currently, there is a dispute between banks and crypto companies over whether crypto exchanges should be allowed to reward stablecoin holders through profit-sharing programs, which has hindered the legislative process of the Clarity Act. A recent report by the White House Economic Advisory Committee mentioned that banning stablecoin profits would have minimal impact on small banks, only increasing lending by 0.02%. However, the American Bankers Association believes that this analysis underestimates the risks. Observers point out that if the draft is too strict, it could result in users and liquidity moving to other jurisdictions that allow profit-sharing.
4 m ago
Aparna Ramani, Vice President of Engineering for Meta's artificial intelligence infrastructure, has resigned.
9 m ago
The war with Iran has been going on for two months, and although the situation still lacks a clear endpoint, Wall Street seems to be gradually tuning out these external noises after the initial turbulence. Since March 27, the S&P 500 index has rebounded nearly 10% and is expected to achieve a third consecutive week of gains. During the same period, the Nasdaq 100 index has accumulated about a 12% increase and achieved its longest streak of ten consecutive gains since 2021. After five weeks of decline triggered by the US airstrikes, traders are now starting to ignore the negative news from the Middle East and heavily buying stocks again. Doug Peta, Chief US Investment Strategist at BCA Research, stated, "The stock market and even the entire financial market seem not so worried about the situation in the Strait of Hormuz. With the financial reporting season underway, company fundamentals are driving stock prices more strongly than the headlines about the Iran situation." Veteran strategist Ed Yardeni pointed out that the market is learning to "coexist" with the war with Iran and maintaining the judgment that the S&P 500 index bottomed on March 30.
10 m ago
OpenAI releases Cyber model to compete with Mythos for certain users.
11 m ago
Amazon's $11.6 billion acquisition of satellite operator Globalstar has intensified its competition with Musk's Starlink in the satellite communications field, with the market size expected to double to $200 billion in the coming years. Amazon has announced plans to launch a direct-to-phone satellite service in 2028 to provide connectivity to people's mobile devices as an alternative to traditional cellular base stations. The e-commerce giant has been trying to enter the satellite services sector for years to seek new sources of growth outside of its retail and cloud computing businesses. Amazon also announced on Tuesday that Apple's emergency messaging service will be transferred to Amazon Leo, the company's recently renamed broadband satellite network. Securing Apple as a customer is a major victory for Leo, which has been lagging behind SpaceX's Starlink division in signing up major partners such as airlines.
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