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War in Iran drags down wage growth in Western countries
The armed conflict in Iran, which has unleashed large disruptions to hydrocarbon supplies from the Middle East and a rapid rally in energy prices, has dealt a serious blow...
China directs major banks to boost yuan share in cross-border trade
In light of escalating tariff and trade tensions with the United States, the People’s Bank of China has significantly tightened its requirements for the country’s largest financial institutions regarding...
OpenAI head walks back ‘job apocalypse’ warnings
OpenAI CEO Sam Altman projects that the rapid development and widespread adoption of artificial intelligence technologies will not lead to a global apocalypse in the labor market. Speaking virtually...
Inflation in eurozone exceeds target level due to soaring energy prices
The European Central Bank is ready to take all necessary steps to bring consumer inflation growth back to the target rate. ECB Governing Council member Olaf Sleipen said...
Banking App Stablecoins: Why Retail Crypto Dollars Need Utility After Launch
Retail customers are finally seeing stablecoins appear inside their everyday banking and payments apps. That’s a milestone—but it’s only the first step. Turning a launch into durable, habit-forming utility...
Litecoin price outlook: LTC bounce driven by Nexus Wallet update and LitVM speculation
Litecoin price has bounced as RSI nears oversold conditions. Nexus Wallet added gift card payments and privacy upgrades for LTC use. LitVM speculation and $53.30 resistance shape near-term price direction...
Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that...