Swift’s $1.5 quadrillion network faces a blockchain test
Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500institution network gives it the power to absorb…
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer…
Tim Cook wasn’t a ‘product guy’ — so he re-engineered Apple instead
Dismissed as “not a product guy,” the outgoing CEO proved that supplychain mastery could take Apple to new heights. Source:MarketWatch
Where are all the new jobs? Hiring slows again — and it probably won’t speed up soon.
The U.S. labor market seemed to be on upswing after a surge in new employment early this year — but a summer slowdown in hiring and fewer helpwanted ads…
Corporate earnings have been growing at a blistering pace. Here’s why that’s not likely to last.
The recent blistering pace of earnings growth is unsustainable. Source:MarketWatch
The S&P 500 keeps climbing on days when stocks broadly struggle. Here’s what’s going on.
Investors’ intense focus on AI is at times adding to the might of a small club of Big Tech stocks with mega market values to potentially make or break a single…
Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.…
Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes. Source:MarketWatch
Kevin Warsh gets what every Fed chair hopes for: A bond market that trust his words
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond…
Meet Generation Renter — young Americans who no longer expect to ever own a home
Also in Weekend Reads: How to start investing, an AI boost for an old industry and advice from the Moneyist. Source:MarketWatch
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source:Cointelegraph
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first networkwide vote went down to the wire, with a Krakenlinked validator switching sides before the disinflation proposal narrowly passed.…