Coinbase Institute has criticized banking groups for asking regulators to prevent merchant rewards for stablecoin customers, arguing the request has no merit under the GENIUS Act.

Weak property market and deepening investment woes point to flagging economic momentum

The U.S. State Department has approved a possible US$330 million sale of fighter-jet spare parts and repair components to Taiwan’s de facto embassy, the Taipei Economic and Cultural Representative Office (TECRO). The Pentagon said the package would support the maintenance and sustainment of Taiwan’s existing aircraft fleet, enhancing the island’s readiness amid rising regional…

Nvidia denied reports of a $1 billion investment in Mexico after Nuevo León's governor falsely claimed the company would build an AI data center, later clarifying the project involves a local firm using Nvidia's technology instead. read more

US president ends 43-day impasse that left thousands of federal workers furloughed

Trump has now signed the bill to reopen the US government. Shut down is over. Until the next one. This bill funds the government until the end of January. - Trump admits a lot of damage has been done: estimates it cost US$1.5tln damage will take weeks and months to totally…

Meta's new AI chief Alexandr Wang sparked controversy after urging kids to spend "10,000 hours" vibe coding, prompting backlash over Meta's $14.3 billion investment in his company and renewed debate about CEO Mark Zuckerberg's decision to replace longtime AI leader Yann LeCun. read more

Ark Invest made big moves in its portfolio, focusing on Alibaba, Baidu, and Reddit amid evolving market dynamics and regulatory challenges. read more

McDonald’s warns SNAP disruptions may hit low-income diners as shutdown drags on Info via Dow Jones/Market Watch. McDonald’s has warned that the partial freeze in U.S. food assistance payments is adding strain on low-income consumers, as the government shutdown continues to disrupt Supplemental Nutrition Assistance Program (SNAP) benefits across the country. Speaking on the…

President Gustavo Petro’s move deepens rift with Donald Trump