President Donald Trump’s crypto bank launched a stablecoin this week , but tha’s not the only first in the flourishing sector worth watching. It may have been a bad week for crypto prices — bitcoin posted its first three-week decline of the year and ether dropped 5% in the week, its fifth weekly loss in the past six. But that may have masked a burst of positive developments in the world of stablecoins— that is, crypto that’s designed to hold a steady value and is pegged to another asset, like the U.S. dollar: Fidelity confirmed to CNBC that it’s “testing”…
Author: usaeverydaylife
The U.S. has had a shortage of air traffic controllers for years.Air traffic controller staffing “is at an all-time low,” said Nick Daniels, president of the National Air Traffic Controllers Association, their union.In an interview with CNBC, Daniels said the situation has “hit a critical point.”We currently have 10,800 certified professional controllers where we need [to have] 14,633. Any hiccup, a government shutdown or anything that disrupts the pipeline of the air traffic controllers coming in, will absolutely hurt the capacity of the flying public, and how many planes we can put in the air at any given time safely,”…
The Athletic has live coverage of Florida vs. Texas Tech and Duke vs. Alabama in the Elite Eight of the Men’s NCAA TournamentWe were so close. Purdue had Houston tied up in the final seconds before the inbounds play heard all ’round Texas and completely missed by the team from Indiana. Arkansas led Texas Tech by 13 points late. Michigan led Auburn 48-39 in the second half. Ole Miss led Michigan State 48-39 in the second half. Arizona even pushed Duke, kind of.We were so close. So close to not having the most excellent outcome possible.And if we have trouble…
At the foot of glistening Mount Nasaasaaq — “the king of the mountains” — in Sisimiut, Greenland, hundreds of spectators bundled in bright jackets, insulated pants and heavy boots lined a snow-packed trail on Saturday waiting for the racers to glide past.The low sun glinted off the ice. The snow squeaked underfoot, fine and dry like sifted flour. Red and white Greenlandic flags popped up everywhere — from poles, tucked into hoods, flapping in mittened hands.For more than three decades, Greenland has held a national dog sledding championship — the Avannaata Qimussersua, which means, in Greenlandic language, “The Great Race…
President Donald Trump’s 25% tariff on foreign-made vehicles and parts stands to raise prices on vehicles by thousands of dollars, according to industry economists and other analysts.Sticker prices are already near record highs — just shy of $50,000 on average, Cox Automotive. A record number of buyers are delinquent on their auto loan payments, according to Fitch Ratings. Tariffs threaten to raise prices by around $6,000 per vehicle on average, according to Cox Automotive.”Prices are going to rise and manufacturers will decide which vehicles they want to build going forward,” said Sam Fiorani, vice president of global vehicle forecasting for…
SPOKANE, Wash. — At a certain point, you had to feel sorry for the Ole Miss defense. The team that prides itself on suffocating opposing offenses and making it difficult to even dribble the ball, let alone move it in the half court, was at a loss.The defense that usually forces other teams into second-guessing themselves was instead faced with the biggest riddle of all: How do you solve a problem like Lauren Betts?On Friday night, there were no answers.Betts scored 31 points, her second straight game clearing the 30-point barrier and the fourth time this season, and added 10…
One person’s pessimism is another’s pragmatism. As a tough first quarter skids to a close, a crucial market debate is whether the recent mass outbreak of gloom is an overreaction to ambiguous economic and market signals, or simply a clear-eyed recognition that real-world conditions are souring fast. For anyone who has been around markets long enough, it’s tempting to view the societal foul mood evident in surveys as overdone relative to the damage done so far to stock prices or the real economy. Evercore ISI strategist Julian Emanuel points out that the Conference Board’s polls of both consumers and CEOs…
Michael Caine knows a thing or two about success. His legendary film career spans more than 70 years and features two Academy Award wins. On top of that, Caine has been a restaurateur and author. In his latest book, “Don’t Look Back, You’ll Trip Over: My Guide to Life,” the 91-year-old touches on topics ranging from his early years getting into acting to being recruited by director Christopher Nolan to star in his Batman trilogy. Caine learned early on that no matter how hard he worked, there would always be people who were better and worse than him at his craft. “Jealousy is a…
BOSTON — It was once prophesied how Alysa Liu would return glory to U.S. women’s figure skating.At 13 years old, she became the youngest woman to win the U.S. championships, back in 2019. A prodigy was born. The bubbly girl from Oakland, Calif., with talent larger than her frame and a smile warm enough to soften the ice, was on her way to the top. In 2020, before the world shut down, she defended her U.S. title. By 14, she was anointed the future.But at 15, she finished fourth in the U.S. championships, failing to three-peat. At 16, while displaying…
The official death toll of the earthquake that shattered central Myanmar surpassed 1,600 people, the country’s military leaders said on Saturday, as desperate rescue workers raced to find survivors and began grappling with a monumental disaster in a nation already racked by civil war.The powerful earthquake struck on Friday near Mandalay, the country’s second-largest city, and volunteer emergency workers there combed through the ruins of apartments, monasteries and mosques in search of anyone left alive. Stepping over downed power lines and buckled roads, crews toiled as the repressive military authorities kept a watchful eye.“There are at least a hundred people…
