Business & Economics

Amazon Announces 50 Billion Dollar Plan to Build U.S. Government AI Infrastructure

Amazon Expands Its Government-Focused AI Ambitions Amazon revealed plans to invest up to 50 billion dollars to grow its artificial intelligence and high-performance computing footprint...

Bank of America Sees Gold Hitting $5,000 by 2026 as Investors Remain Underexposed

A New Bullish Outlook for Gold Bank of America has raised its long-term gold forecast, saying the precious metal could reach $5,000 per ounce by...

U.S. Approves Major Nvidia AI Chip Exports to the Gulf

The United States has cleared the export of Nvidia’s advanced AI chips to state-backed firms in the United Arab Emirates and Saudi Arabia. The...

VanEck Debuts Zero-Fee Solana ETF With Staking Rewards

Fee-Free Launch Aims To Capture Early Attention VanEck has rolled out its first U.S.-listed Solana ETF, called VSOL, giving investors spot exposure to SOL along...

Mastercard and Thunes Team Up to Deliver Near-Instant Global Stablecoin Payouts

Mastercard has formed a new partnership with Thunes to bring near-instant stablecoin payouts to users worldwide. The collaboration expands Mastercard’s payment network by adding...

JPMorgan Launches Tokenized JPM Coin on Coinbase’s Base Network for Institutional Clients

JPMorgan Chase & Co. has officially launched its tokenized deposit product, JPM Coin (ticker JPMD), for institutional clients on Coinbase’s Base blockchain. Announced on...

Canary Capital’s XRP ETF Nears Nasdaq Debut After Key Regulatory Filing

Asset manager Canary Capital has inched closer to launching its highly anticipated spot XRP exchange-traded fund (ETF). The firm filed a Form 8-A registration...

Sonic Labs CEO Maps Out Path Toward Real-World Blockchain Adoption

Sonic Labs, the company behind the high-speed blockchain network “Sonic,” is shifting gears under new CEO Mitchell Demeter to focus on real-world financial integration....

UAE Executes First Digital Dirham Transaction in Landmark CBDC Pilot

The Central Bank of the United Arab Emirates (CBUAE) and the Ministry of Finance have successfully completed the nation’s first transaction using the “Digital...

Tesla Investors Approve Elon Musk’s Historic $1 Trillion Pay Deal

Tesla shareholders have given the green light to a record-breaking compensation package for CEO Elon Musk, valued at up to $1 trillion over the...

Japan’s FSA Backs Mega-Banks’ Stablecoin Venture for Corporate and Cross-Border Payments

Japan’s Financial Services Agency (FSA) has officially endorsed a joint stablecoin initiative led by the nation’s three biggest financial institutions—Mitsubishi UFJ Financial Group (MUFG),...

Tether, KraneShares, and Bitfinex Team Up to Drive Tokenized Securities Growth

On November 6, 2025, Tether Ltd.’s tokenization division, Hadron by Tether, announced a strategic alliance with KraneShares and Bitfinex Securities to bring traditional financial...