Circle shares have surged nearly 500% above their recent Blockbuster IPO price on June 5th, fueled by the Senate's passage of the Genius Act, regulatory framework for stable coins. Financial services company is in focus today after a slew of analysts initiated coverage on Circle. And join me now is Owen Laauo, Oppenheimer D executive director and senior analyst who has a market perform rating on Circle and says to expect total stable coin market cap to grow to 1.6% 6 trillion in 2025.Owen, it's good to see ...

Market Domination Overtime anchor Josh Lipton breaks down the day's market moves. S&P 500 and Nasdaq close at record highs. Yahoo Finance's Allie Canal breaks down what keeps driving markets higher. The US and Canada trade negotiations have hit a turning point on Sunday as Canada rescinded it's digital service tax. Josh Lipton speaks with Vipal Monga a Wall Street Journal reporter about what a digital services tax is and what it means for trade negotiations between the United States and Canada. For more vid ...

Vlad, good to see you here from uh France and your big product unveil. Almost didn't recognize you there on camera. The sun is has set over there in France.Good to see you as always. So, you heard Josh in the leadup here, Vlad Rolling are discussing the importance of tokenized trading. Now, your stock is ripping higher here on this news.Why do you think this is so important and why did you uh have to get a first mover advantage getting this on the ground. Thank you for having me. And and by the way, I shoul ...

Well, Bitcoin has been on a tear in 2025, up nearly 15% and notching all-time highs. But comparatively, altcoins, they have lagged with the market vector digital asset 100 small cap index showing over $300 billion of market value wiped out. For more, I want to bring in Noel Aches, who is the author of crypto is macro now Substack.Great to have you here with us. So, first just just take us into your assessment of why altcoins are seeing this move while Bitcoin is notching new record highs over the course of ...

the one big beautiful bill. Elon Musk is not a fan. In a post, Musk wrote, quote, "The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country." exclamation point.Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future. Musk narrowing in on the bill's changes to energy policy, and it cuts tax credits for wind and solar projects while adding credits for coal.Musk also critiquing how ...

Economic Impact of Fiscal Policy - Trillions of dollars are expected to be added to the bottom line due to the tax bill, which is not good news for the US economy [2] - Increased US fiscal deficit scrutiny from both foreign and domestic investors is observed [3] - Failure to control spending could lead to rising debt-to-GDP ratio, deficit-to-GDP ratio, and interest payments [3] - Higher long-term yields could result in higher borrowing costs for consumers, affecting credit cards, mortgages, and auto loans [3] Federal Reserve Considerations - The Federal Reserve faces another challenge in light of the potential longer-term implications of increased costs for consumers [4] - The Fed is currently focused on the economy, labor market, and the impact of tariffs on inflation [5] - The market anticipates a couple of rate cuts this year starting in September, but there's a risk of delay due to tariff fallout [5][6] Tariff Impact and Consumer Behavior - Modeling the impact of tariffs is difficult due to the unprecedented nature of the situation [7][8] - Tariffs are expected to have an inflationary impact, potentially slowing down consumer spending [8] - The average effective tariff rate started the year at 2%, peaked at 26% (the highest in over a century), and is now around 15-16%, roughly eight times higher than the start of the year [8] - Consumers are increasingly considering tariffs, job prospects, and the employment situation [11] - Consumers are still spending on discretionary goods and services, indicating some level of comfort [15] Labor Market Assessment - The job market is expected to cool, with around 120,000 jobs added in June [13] - The jobless rate is expected to tick slightly higher to about 43% [13] - Uncertainty surrounding tariffs is making consumers cautious about jobs and inflation [13][14]

About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Brad Smith. Let's get to the three things that you need to know today.First up, US stock futures pushing higher this morning on the last trading day of the second quarter and the first half. The past quarter and 6 months have been volatile for financial markets, but ultimately stocks powered to new highs. Investors are now looking ahead to the headwinds facing them in the second half of the year.Just 10 days to go until President Donald Trump' ...

LIVE: Senate debates President Trump's 'Big Beautiful Bill Act' About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance I ...

By all accounts, last weekend's Fanatics Fest at the Javit Center in New York City was a huge success with 125,000 people attending the second year of the 3-day event, up from just 70,000 the year prior. But there was perhaps no bigger winner than Tom Brady, who won the inaugural Fanatics Games, a 100 person competition of athletes, celebrities, and fans that featured eight competitions. Competitors also included 50 fans.Eli Manning, Kevin Hart, Jaden Daniels, Joe Burrow, Logan Paul, John Cena, Rob Garonows ...