By Stephanie Kelly NEW YORK (Reuters) – A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from its 440,000 members for crypto-friendly politicians, and is endorsing a bipartisan slate of candidates running in the House of Representatives and the Senate. Stand With Crypto’s PAC joins a deep-pocketed effort from the […]

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday ruled in favor of a Miami music producer in a legal fight with Warner Music over a song by rapper Flo Rida, finding that there is no time limit for recovering monetary damages in copyright cases that have been filed before the expiration of […]

By Douglas Gillison (Reuters) – Staff trust in the Federal Deposit Insurance Corporation’s leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows. In 2023, 38% of FDIC staff were considering leaving within the next 12 […]

Prominent crypto analyst Capo Of Crypto shared his analysis of Ethereum (CRYPTO: ETH) and the ETH/BTC pair, suggesting that Ethereum and altcoins may outperform Bitcoin (CRYPTO: BTC) in the coming days. What Happened: Capo pointed out that Ethereum has seen a “nice bounce from the support zone,” with the lower timeframe (LTF) looking promising for […]

Advanced Micro Devices, Inc (NASDAQ:AMD) is strategically preparing to address the growing demand for AI computing by leveraging its extensive product range. CTO Mark Papermaster emphasized AMD’s robust portfolio of compute engines, strong relationships with customers across diverse markets, and open software capabilities. He reflected on AMD’s 55-year history, highlighting its shift to a modular IP […]

Tesla Inc. investor Ross Gerber anticipates a fresh upgrade cycle for Apple Inc. (NASDAQ:AAPL) following the highly-anticipated launch of Cupertino’s AI solutions for iPhones, with more details expected to be revealed at the Worldwide Developers Conference (WWDC) in June. What Happened: Despite CEO Tim Cook keeping his cards close to the chest in a post-earnings […]

Expectations are very muted as Apple, Inc. (NASDAQ:AAPL) prepares to announce its fiscal year 2024 second-quarter results Thursday after the market close. Apple’s Key Q1 Numbers: Apple’s year-over-year revenue declining streak is expected to resume and the bottom-line performance is expected to be flattish from a year earlier. Q2’24 Consensus* Q2’23 Q1’24 Revenue $90.01B $94.84B […]

Efforts to push through U.S. stablecoin legislation by attaching it to an unrelated Federal Aviation Administration reauthorization bill have been halted by legislative leaders. What Happened: The decision to seek a clean bill means the discussion between House Financial Services Committee Chair Patrick McHenry (R-N.C.) and Rep. Maxine Waters (D-Calif.) will revert to direct negotiations […]