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What is a stablecoin and what could it mean for your finances?

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(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight.The industry-backed measure establishes rules targeting stablecoins, a form of cryptocurrency pegged to the value of another asset,... Read More.

Consumer confidence brightens as Trump rolls back tariffs

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(NEW YORK) -- Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump’s tariffs set off company warnings about price increases even after the president eased his policy.The reading of brightened consumer sentiment snapped... Read More.

Trumps top meme coin investors visit White House

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(WASHINGTON) -- Despite repeated claims from the White House that President Donald Trump's Thursday night gala for the top holders of his cryptocurrency meme coin had nothing to do with his official duties, several of those investors visited the White House Friday afternoon for... Read More.

Stocks slide after Moodys downgrades US debt

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(NEW YORK) -- Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy.The Dow Jones Industrial Average dropped 295 points, or 0.7%, while... Read More.