In many ways, summer 2025 was all about the stable coin. A meteoric rise for shares of stablecoin giant Circle since their public debut in just early June. Stable coins have proven that moving money is really good for consumers and merchants like it because they don't suffer from chargebacks.This category of crypto, which is known for being well stable thanks to their peg to the price of another asset like the US dollar, made it big in the US when President Trump signed the Genius Act into law. And now stab ...

Shutdowns are actually a bit more common than probably perceived. We've had 20 of these shutdowns. It's often just political brinksmanship.I think it's really simply a response to showing that they're willing to fight Trump. The president's doing kabuki theater. He's threatening to fire a bunch of employees if we don't keep the government open.Democrats are really trying to make this fight about health care, but Republicans are betting that they won't be successful, that people will just see Democrats as ho ...

About a quarter century ago, Amazon said it wanted to sell anything and everything a person would want to buy online. Since then, revenues have grown 38,000% every time it sells a new product. Even veteran rivals fear getting Amazon.I would never bet against Amazon. They effectively have unlimited resources. Up until recently, one of the very few areas Amazon wasn't disrupting cars.But now it is making moves. The latest deal is to help sell used cars owned by the rental company Hertz. It could be a boon for ...

This Boeing 757 is on a collision course with a business jet as it attempts to land in Topeka, Kansas. Traffic on runway. Traffic on runway.An alert inside the cockpit leads to a go around, an aviation term when a pilot aborts a landing. Unfortunately, there's there's too many and a lot of close calls, but you could also see just the slightest interruption, a little variation, and things can go wrong very quickly. But this modified jet isn't carrying paying customers.It's performing tests for Honeywell's ne ...

This is a small sample of what existed, and this doesn't even include the videos. To reduce me to what he reduced me to, just that alone, is wildly harmful. There's, that alone is harm and I am furious.Hi, you must be Jessica. Hi, nice to meet you. Nice to meet you.Thanks for having us. At this home in Minneapolis, three friends are flipping through old photos going back 21 years to when they all met. Like this is, I still have braces, so.But these are the photos that really brought them here today. Deepfak ...

I think city-funded grocery stores are a good idea where they are needed. We have a small town. It was a necessity for us.I'm Keith VanLeeuwen, I'm the mayor of Saint Paul, Kansas, population 650 people. The store is profitable. It is about 1 to 2 percent profitability a year.Our workforce, we have two full time people and 13 to 15 part timers. Saint Paul Supermarket in Saint Paul, Kansas, stands out as a successful city-owned grocery store. Just ten miles away, Erie Market offers a stark contrast, having c ...

Zuks is launching its service in Las Vegas and for Amazon that represents their entry into the robo taxi race. These are unlike any other cars that you've been in in the past. There's no steering wheel, no pedals, and they are completely symmetrical.We just rode in one of these vehicles from Resorts World Las Vegas to Topgolf with Zuk's co-founder and CTO Jesse Levenson. All right, first time in a Zuks. This is the first time now that we're opening up the app to the public and letting you go to a bunch of d ...

Labor Market Trends - The US economy has lost 1.2 million jobs since April 2024 [1] - The quits rate is down to about 2% after fluctuating since the pandemic [1] - Employers are hiring at the slowest pace since 2013, excluding the pandemic dip and rise [1] - Almost 1 in 5 job seekers surveyed said they're not confident that they will find a great job that they like [5] - A natural attrition of 20% in a company is mentioned [8] Employee Engagement & Productivity - Four out of five employees surveyed said they're not thriving at work [3] - 58% of US professionals surveyed believe they have a wide range of skills that are being underutilized in their current roles [3] - Employee disengagement adds up to about $5 million a year in lost productivity for a typical 1000 person company [12] - The average disengaged worker could cost the company $4,000 over the course of a year, while an executive could cost $20,000 [12][13] - Globally, low employee engagement is estimated to cost $9.6 trillion annually, or around 9% of global GDP [16] Wage & Bargaining Power - Wage growth has cooled, and job switching premiums have shrunk [6] - The minimum wage has been sitting at the same level since 2009 [19] - Workers have lost a bit of their bargaining power in the current environment [20]

I just visited Chinese coffee giant Luckin here in New York. This latte cost me $1.99%. In China, Lucken is bigger than Starbucks by both revenue and store count, and it's touchdown here in the US.Lucken's full price drinks are actually not that different from Starbucks. The difference is you're probably not going to be paying full price at Lucken. You can only order on its app and it showers you with coupons, especially when you first sign up.Luck's business model is low margin, high volume. That means it ...

Car prices are near all time highs and yet sales are rising, and that's mainly thanks to the rich. Eight months into 2025, the share of new cars costing more than $50,000 is almost double what it was six years ago. It's not just because automakers are charging more across the board, it's because the share of vehicles at the highest prices has grown.Reality is, the automakers are in the business to make money. And this market, because of higher-income households buying a greater percentage of the vehicles, h ...