The Dubious Rags to Riches Promise of Trump Accounts

President Donald Trump has repeatedly said that so-called Trump accounts, new federal investment and savings accounts for ...
Decrypt

Bank of Korea Scales Up CBDC Pilot With Half a Million Users

Phase 2 of Korea's Project Hangang, the country's CBDC, is going bigger, and this time it moves real government money.
48 HillsOpinion

After 10 years, advocates finally have a chance to make public bank a reality

On July 7, the Board of Supervisors took a monumental step towards actualizing a decade long project—a San Francisco Public ...

What are Trump Accounts for? They are more likely to help newborns start building nest eggs than help pay for their college education

If you or someone you know has a baby or a child under 18, you’re likely wondering if they should get a “Trump Account.” The ...
The Motley Fool

A More Hawkish Fed Changes the Math for Big Bank Stocks. Here's How.

Over the past three years, the KBW Nasdaq Bank Index, which tracks large banks, has risen some 135%. JPMorgan Chase (JPM-0.17%) stock has returned 34%, 41%, and 27% in each of the past three calendar ...
The Patriot Ledger

1st they learned algebra. Then they designed, planted a school garden

QUINCY ‒ A math project came to life this week at Central Middle School, where students used algebra and budgeting skills to design and plant a new garden. It was a perfect day for the seventh graders ...
The Business Journals

Developer lands $80M in financing for first East Bank project near new Nissan Stadium

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The developer behind the first ...
The New York Times

They Spent Years on a Math Problem. Then They Were Scooped by A.I.

Artificial intelligence is mastering the kinds of projects that have long helped to build the careers of young mathematicians. What does that mean for their future? Credit...Illustrations by Yoshi ...
CNBC

Fed Chair Warsh makes first hires at central bank, including 'Project 2025' author

Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two men, Paul Winfree and Daniel Heil, are ...
CoinDesk

BIS project finds tokenization could make cross-border payments faster, safer

Project Agorá, backed by the Bank for International Settlements, found that tokenizing central bank reserves and commercial bank deposits could significantly improve the speed and reliability of ...
WatersTechnology

Stuck in the sandbox: Why bank stablecoin projects struggle to get off the ground

In March 2023, National Australia Bank (NAB) quietly completed what it described as a world first: a cross-border transaction using its own stablecoin, AUDN, settling across seven currencies on a ...
The Real Deal

Magellan joins Rodrigo d’Escoto venture to snag $102M Fulton Market construction loan

As Chicago’s construction spigot largely runs dry, the developers of the multifamily project at 410 North Elizabeth Street finally found an oasis — and brought on a heavy-hitting reinforcement to ...