Business

Some Democrats supported the GENIUS Act, arguing that some regulation is better than none as cryptocurrency activity increases globally and the technology has the potential to revolutionize the US financial system. But Hand told Ars that “we’ve already seen what happens when there are no protections” for consumers, like during the FTX collapse. She joins critics that the BBC reported …

Over 140 passengers and crew members aboard a Royal Caribbean International ship have been sickened by an unidentified illness, the Centers for Disease Control and Prevention’s Vessel Sanitation Program said Wednesday.  The ship, the Navigator of the Seas, was on a weeklong, round-trip cruise that departed from Los Angeles on July 4. The ship made three stops in Mexico, according …

Key Takeaways Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that looks to be weakening. Waller said tariffs are “one-off increases” that don’t cause persistent inflation and noted that the central bank shouldn’t “wait until the labor market deteriorates before we cut the policy rate.” His comments come as Fed …

LINCOLN, Neb. (KLKN) – A Nebraska man was arrested Thursday night after an “in-air” disturbance on a flight from Omaha, police say. Around 6 p.m., the Cedar Rapids, Iowa, Police Department was sent to the Eastern Iowa Airport due to a disturbance by 23-year-old Mario Nikprelaj of Nebraska. The flight departed from Eppley Airfield in Omaha and was heading to …

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Talen Stock Soars on Gas Plant Purchases. It’s Now More Than a Nuclear Play.  Barron’s Talen Energy Soars On $3.5 Billion Deal To ‘Enhance’ Data Center Load; S&P 500 Rivals Jump  Investor’s Business Daily Talen Buys Two Gas-Fired Plants in Race to Meet AI Power Demand  Bloomberg.com Talen Energy Expands and Enhances Portfolio with Best-in-Class CCGT Acquisitions in PJM | Thu, 07/17/2025 – …

Chevron closes Hess acquisition after winning Exxon legal battle  Reuters Chevron Buys Into One of World’s Hottest Oil Projects  The New York Times Chevron completes Hess acquisition after defeating Exxon in dispute over Guyana oil assets  CNBC ExxonMobil Responds to International Chamber of Commerce Arbitration Ruling  Exxon Mobil Corporation Chevron CEO Seeks Peace With Exxon After Career-Defining Win  Bloomberg.com Source link

American Express Customers Pay Up for Lounges and Dining Perks  The Wall Street Journal American Express Stock Falls as Revenue Hits Record. Here’s Why.  Barron’s Amex Beats Estimates as Premium Clients Keep Spending on Cards  Bloomberg.com American Express earnings show healthy spending — including on these fancy categories  MarketWatch American Express shrugs off competition concerns after profit beat  Reuters Source link

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope  The New York Times Fed’s rate-cut delay intact as inflation fears override Trump pressure  Reuters How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision  PBS Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts  Fortune Trump Reacts to Inflation News …

Wells Fargo exit ban revives fears about doing business in China  Reuters Exclusive | U.S.-Based Wells Fargo Banker Blocked From Leaving China  The Wall Street Journal Wells Fargo Suspends China Travel After Banker Was Blocked From Leaving  Bloomberg.com Wells Fargo halts travel to China after senior banker hit with exit ban  Financial Times Factbox-Foreign Firms’ Executives Entangled in Chinese Probes  US News Money Source link