Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch
AI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the AI trade are emerging at a particularly troubling time for investors. Source:MarketWatch
As AI companies call for a slowdown, here’s how Washington could pump the brakes
Washington is likely to move slowly, but there are catalysts that could make it act faster than expected Source:MarketWatch
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Strive adds 469 Bitcoin to reach 25,000 BTC treasury
Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.…
Inflation is sinking your high-yield savings account’s returns. Here’s one way to fight it.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now. Source:MarketWatch
CLARITY Act faces state AGs opposition ahead of key Senate vote
Trump’s ethics concession addresses one hurdle for the crypto bill, but 18 state attorneys general say the revised legislation would weaken state oversight.…
Why the Social Security COLA is much ado about nothing
Social Security benefits will be largely stable in real terms. Source:MarketWatch
There’s every reason to slow AI development. But here’s why it probably won’t happen.
The risks of disaster are real. But who wants to give up those massive stock valuations? Source:MarketWatch
SEC Grants Exemptive Relief from Certain Inline XBRL Filing or Submission Requirements
The Securities and Exchange Commission issued an order granting exemptive relief from certain Inline XBRL requirements adopted on Dec. 16, 2024. More…
‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.” Source:MarketWatch
S&P Global backs Kaiko as Series B reaches $110M
The investment brings together major financial institutions as Kaiko expands its data infrastructure for tokenized securities and onchain financial markets.…