Circle’s IPO at $31 per share values the stablecoin issuer at $6.9 billion, exceeding expectations. The surge in demand reflects investor confidence in stablecoins like USDC, signaling a growing acceptance of digital finance and blockchain solutions in mainstream markets.
Kimberly-Clark is nearing a $3.5 billion sale of its international tissue business to Brazil’s Suzano, focusing on North America. This strategic move allows Kimberly-Clark to streamline operations while Suzano aims to expand globally, reshaping the tissue market.
CoreWeave (CRWV) stock surges after a major AI infrastructure milestone with Nvidia and IBM. This breakthrough highlights the company’s potential to lead in high-performance computing for AI, driving investor confidence and positioning CoreWeave as a key player in the tech sector.
President Trump’s new budget bill offers hope to the Bay Area’s struggling tech industry by reversing restrictive tax codes. This could spark a hiring boom, revitalizing Silicon Valley. However, political hurdles and deeper issues remain as the region awaits a potential turnaround.
A public feud between Trump’s sons and a memecoin organization over an ‘official’ Trump crypto wallet has sparked intrigue. Competing claims, high stakes, and family dynamics collide in this battle for digital dominance, highlighting the challenges of branding in the volatile cryptocurrency market.
The Federal Reserve’s latest ‘Beige Book’ reveals a U.S. economy grappling with declining growth, rising prices, and sluggish hiring. As inflationary pressures persist and labor markets cool, policymakers face tough choices to balance stability and growth in an uncertain financial landscape.
Recent surveys reveal that most companies are raising prices or planning to due to tariff costs. As businesses pass on expenses, consumers may face higher prices for everyday goods, risking inflation and reduced purchasing power in an evolving economic landscape.
Subway has acquired a trending chicken chain in a $1 billion deal, aiming to diversify its menu and capture the poultry market. This bold move could redefine Subway’s brand, but challenges like merging identities and financial risks loom. Will this gamble pay off?
The Washington Post’s new AI tool could revolutionize journalism by enabling anyone to contribute content. While it lowers barriers for aspiring writers, it raises questions about authenticity and job security. This technology marks a pivotal shift in how media balances innovation and tradition.
The USDA has issued a health alert for ground beef sold at Whole Foods due to possible E. coli contamination. Consumers are urged to check their purchases and discard or return affected products to prevent potential foodborne illness.
