A decade and a half after California voters stripped lawmakers of the ability to draw the boundaries of congressional districts, Gov. Gavin Newsom and fellow Democrats are pushing to take that partisan power back. The redistricting plan taking shape in Sacramento and headed toward voters in November could shift the Golden State’s political landscape for at least six years, if …
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Stablecoin issuers like Circle and Tether are gobbling up more Treasuries than most countries. Here’s how that could reshape the U.S. economy
Stablecoins are the shiny new object on Wall Street. Once restricted to the niche world of crypto trading, stablecoins entered the mainstream of U.S. finance as Congress debated—and ultimately passed in July—a bill to legitimize them and expand their use. That has spurred a hype cycle as banks and Fortune 500 companies rush to explore the technology. Stablecoins, which are …
Read More »Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market – The Wall Street Journal
Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market The Wall Street Journal Trade Desk tanks 39% for worst day ever on CFO departure and competition from Amazon CNBC Trade Desk Stock Crashes 38% After Earnings. What’s Causing the Selloff. Barron’s Trade Desk tumbles after CEO warns of tariff impact on large brand advertisers Reuters Amazon is wreaking havoc on the …
Read More »Are Trump’s tariffs unlawful? A court case kicking off this week could reshape his trade strategy
Facebook Tweet Email Link For months President Donald Trump has been slapping higher tariffs on practically every country’s exports to the United States, citing emergency economic powers. Now, just as he’s about to enact a new round of tariffs, a federal appeals court could render them void. Oral arguments are scheduled Thursday for an appeal in a case alleging Trump …
Read More »How redistricting in Texas could reshape US House elections
WASHINGTON (AP) — Redistricting usually happens after the once-a-decade population count by the U.S. Census Bureau or in response to a court ruling. Now, Texas Republicans want to break that tradition — and other states could follow suit. President Trump has asked the Texas Legislature to create districts, in time for next year’s midterm elections, that will send five more …
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