A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins — once a niche corner of the cryptocurrency world — are entering the corporate and policy mainstream, potentially reshaping how money moves in the United States and around the world….
Rep. Don Bacon, R-Neb., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, November 14, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Don Bacon, a centrist Republican in Nebraska, is preparing to announce his retirement from Congress. Bacon’s retirement from Congress creates a…
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner and Rwanda’s Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters A federal judge on Friday dealt another blow to President Donald Trump’s…
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk ripped into the Senate’s massive domestic policy package on Saturday, calling it “utterly insane” and destructive,” pointing to provisions in the bill that would…
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager to CNBC last week capture a hectic first half of trading. They also set the stage for an uncertain second half, where “geoeconomics” looks set to remain a dominant market force. This week, expect attention to…
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager to CNBC last week capture a hectic first half of trading. They also set the stage for an uncertain second half, where “geoeconomics” looks set to remain a dominant market force. This week, expect attention to…
France views Eutelsat as a strategic asset in the EU’s push for technological sovereignty. Benoit Tessier | AFP via Getty Images For years, France’s Eutelsat has been trying to build a European alternative to Elon Musk’s Starlink satellite broadband service. The company merged with British satellite venture OneWeb in 2023, consolidating the region’s satellite communications…
CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime….
Donald Trump, as both a citizen and president, has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more expensive. Since returning to the White House in January, he’s turned his ire into an edict. On April 9, Trump issued an executive order…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters President Donald Trump’s “big, beautiful bill” cleared a key procedural hurdle in the U.S. Senate late Saturday night, pushing the massive…
