Coinbase CEO Brian Armstrong and other crypto executives took to Capitol Hill this week as part of a regulatory showdown between the industry and banks with potentially trillions at stake.Banking advocacy groups are urging lawmakers to prohibit crypto exchanges like Coinbase from offering customers rewards that are structured like interest payments banks offer.”I’m not sure why the banks would want to bring that up again at this point, but they should have to compete on a level playing field in crypto,” Armstrong told CNBC on Wednesday.Coinbase currently offers a 4.1% reward for those holding USDC stablecoin. Kraken offers a 5.5%…
Author: usaeverydaylife
Here are Thursday’s biggest calls on Wall Street: RBC upgrades Nike to outperform from sector perform RBC said the company is making progress in its turnaround. ” Nike is taking the right steps, with clear improvement in Running Footwear offer, positive channel checks, survey findings and a refreshed organisational structure that should support faster and more accountable decision-making.” Read more . Goldman Sachs upgrades StepStone Group to buy from neutral Goldman Sachs said the financial planning company is an “underappreciated beneficiary of wealth growth in private markets.” “We upgrade STEP to Buy from Neutral with an $83 price target, representing…
Skin cancer is prevalent in the United States, and still there are many misconceptions about skin protection — especially when it comes to sunscreen.There are plenty of things people aren’t aware of when it comes to how sun exposure can affect the skin, says Dr. Adam Friedman, professor and chair of dermatology at GW School of Medicine and Health Sciences. From where on the body you should apply sunscreen to how often you should be reapplying throughout the day.A fact that would surprise many people when it comes to sunscreen, Friedman says, is what SPF actually protects against.”SPF only refers…
From left, Notion founders Akshay Kothari, Ivan Zhao and Simon Last.NotionOpenAI’s public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom, which remains the dominant theme in the tech industry almost three years later.Notion jumped on the bandwagon early.Two weeks before ChatGPT hit the market, the productivity software startup announced its own artificial intelligence feature using an OpenAI model. Notion AI was designed to be a “writing assistant” that could help a user with brainstorming, editing and summarizing, the company said.”We’re at an important inflection point,” CEO Ivan Zhao wrote…
Wynn Resorts is poised to go even higher, propelled by gaming market tailwinds lifting its international businesses, according to Stifel. The investment firm, which has a buy rating on shares, raised its price target to $145 from $130. That signals 17.6% upside. Shares of Wynn have been on fire this year, soaring 49% in that time. That gain also outpaces the S & P 500’s 13% advance for 2025. WYNN YTD mountain WYNN YTD “We think there is considerable upside in WYNN and continue to believe this name should remain a core holding for any investor,” analyst Steven Wieczynski said…
Louisa Serene Schneider has never been short on business ideas.She once started a yoga-wear company (“long before Lululemon existed,” she says) and at another point tried to launch a language tutoring business. Neither of them stuck, but ideas kept coming.Then, in 2017, Schneider came up with an idea that she felt had momentum. She quit her high-profile job on Wall Street with what she calls a “competitive C-level salary” to bet on herself and start an ear-piercing business.”It was the first time in my life that I hadn’t had a full-time job,” Schneider, now 48, tells CNBC Make It. “I…
Randy Holmes | Contributor | Getty ImagesJimmy Kimmel’s fate at ABC is still up in the air as talks with Disney reportedly continue.The late-night host is in ongoing discussions with Disney and ABC executives about the conditions under which his long-running show “Jimmy Kimmel Live!” could return to air, according to Variety, which cited people familiar with the matter.There is no guarantee Kimmel and Disney will reach an agreement, the report said. ABC has been airing repeats of “Celebrity Family Feud” in Kimmel’s slot following the suspension.The show was pulled off the air “indefinitely” on Wednesday following a remark by…
Bees are critical for ensuring an abundant food supply year-round, but the bee population is in big trouble.More than one-third of the crops we eat are pollinated by bees, but 40% of bee colonies are collapsing each year, California-based Beewise said.One reason is climate change – specifically, stronger hurricanes, more frequent fires and the use of more pesticides.The wooden beehive was invented around 1850 for commercial pollination, but these basic boxes are not very protective and not at all nurturing.Startup Beewise is taking on the traditional beehive with AI and robotics. The company invented the BeeHome, a robotic, AI-directed beehive that growers can…
In 2024, Lexi Smith, 24, was working as a teacher in Atlanta, Georgia, when she decided she was ready for a change of scenery.Smith began exploring the possibility of teaching English abroad and worked with Xplore Asia, an organization that assists individuals in obtaining their TEFL (Teaching English as a Foreign Language) certification to work and study abroad.”I wasn’t quite loving the school system from having an overbearing administration that didn’t appreciate me to having a hard time living on my salary,” Smith tells CNBC Make It. “When I found out that I could teach abroad for a much easier…
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | ReutersMajor technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a $100,000 annual fee on H-1B visas, threatening to upend the program that underpins America’s technology workforce.The Trump administration said the fee would apply per worker, per year, potentially dealing a massive blow to companies — primarily in the technology and finance sectors — that rely heavily…
