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Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.

In an open letter, several major crypto firms said the U.K. "must act now to avoid being a rule-taker rather than a rule-maker in the digital asset era."

Bessent says interviews for 'incredible group' of potential Fed chairs will start after Labor Day

In a CNBC interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates.

China's EV industry is spending more on factories abroad than at home for the first time

For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.

'Job hugging' has replaced job hopping, consultants say

Workers are clinging to their jobs as they sour on their prospects in the labor market.

When 'invest like the 1%' fails: How Yieldstreet's real estate bets left customers with massive losses

Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier than they thought.

Fed's Goolsbee sees 'note of unease' as central bank looks to next interest rate move

Goolsbee said a mixed bag of inflation data coupled with uncertainty over tariffs have given him pause about lowering rates.

Who will Trump pick for Fed chair? Hear from all the candidates in their own words

President Trump's short list to replace Jerome Powell as Fed chair has turned into a long list of nearly a dozen possible candidates.

New York AG James sues Zelle parent company for alleged fraud

New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud.

Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report

Users on prediction market Kalshi are increasing their chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair.

Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say

The size of the Fed Chair candidate list and the process described suggest a decision is not imminent and could take a considerable amount of time.

Here’s the inflation breakdown for July 2025 — in one chart

The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on inflation, economists said.

Using my phone as a Paris guidebook cost me $50 — here's how to save on your bill when traveling abroad

There are many ways to prevent a higher phone bill when traveling internationally.
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