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Stablecoin Narrow Banking

2026-01-16 03:09:45

Stablecoin interest, covenant-lite private credit, a MrBeast DAT pivot and AI data centers are securities fraud.

China Need Not Fear the New American Oil Order

2026-01-16 03:00:31

From a certain angle, President Donald Trump is in a matter of weeks doing what other leaders could never have dreamed about: Assembling an oil cartel with the sway to rival OPEC, and giving himself a kill switch for the energy-importing economy of America’s prime geopolitical rival, China.

Goldman and Morgan Stanley Stock Traders Must Be Peaking

2026-01-16 01:49:29

Big banks’ share traders are raking it in right now. Sure, stock market indexes have been flying high, but it’s been far from certain in recent years that traditional Wall Street firms would reap the benefits with electronic market makers storming the zone.

Meta Is Killing Off Its Only Good Virtual Reality App

2026-01-16 01:18:10

As it seeks to build AI tools many users don’t want, Meta Platforms Inc. has sacrificed a high-quality product adored by droves. Supernatural, the virtual reality fitness app, is being wound down as part of the company’s cuts to its Reality Labs division.

Tesla’s Greatest Threat Is Being Boring

2026-01-15 20:00:30

For a company that sells cars, Tesla Inc.’s $1.5 trillion valuation puts it in a league of its own. The stock is seemingly immune to bad news, even a growing cacophony of competitive threats. The more insidious challenge could be something more, for lack of a better word, boring.

America’s Manufacturing Renaissance Is Missing in Action

2026-01-15 19:30:30

US manufacturing ended 2025 with a thud, capping a rough year for the sector. To recap, manufacturers shed 63,000 jobs, according to the latest data from the Bureau of Labor Statistics. It wasn’t just labor that was hurting. The Institute for Supply Management’s manufacturing index clocked in at 47.9 for December, marking the 10th consecutive month of contraction as new orders were especially weak and costs at historically elevated levels.