For a long time, Wall Street banks stayed away from owning cryptocurrencies like Bitcoin. This was mainly due to a rule from the U. S. Securities and Exchange Commission (SEC). This rule, called "Staff Accounting Bulletin 121" or SAB 121, forced banks to treat digital assets as a liability on their
Just days into Donald Trump's second term, Wall Street's attitude towards crypto has done a 180. Morgan Stanley's CEO, Ted Pick, revealed at the World Economic Forum in Davos that the bank is keen to explore crypto transactions if regulations allow. Trump, once a crypto skeptic, has now embraced dig
Ever heard of nanosheets that are just a few atoms thick but packed with amazing light-absorbing abilities? Scientists have made such nanosheets using a mix of gallium arsenide and aluminum gallium arsenide, called GaAs/AlGaAs. These super-thin nanosheets have special light properties that make them
The annual World Economic Forum in Davos, Switzerland, brings together top business leaders to discuss global issues. This year's speakers included Chinese Vice Premier Ding Xuexiang and European Central Bank President Christine Lagarde. U. S. President Donald Trump is set to speak remotely on Thurs
Have you ever wondered how the future of Antarctica's ice sheets might unfold? Scientists are using a model called CISM to simulate what could happen over the next few centuries. This model is part of a larger project called ISMIP6, which aims to improve predictions about the future of ice sheets.
During a visit to Washington, D. C. , just before President Donald Trump's inauguration, Stellantis Chairman John Elkann revealed the company's fresh plans for the U. S. These include creating 1, 500 new jobs and reopening a plant in Illinois to manufacture a new midsize pickup truck by 2027. Additi
College Football Playoff bigwigs didn't tweak the 2025 playoff seeding plan during their Sunday meeting, according to Sports Illustrated's Pat Forde. He reports that while changes aren't happening right now, commissioners are set to meet again on May 6. That's when they expect to have a big chat abo
New York City's Mayor Eric Adams, who is facing federal bribery charges, recently met with President-elect Donald Trump. The meeting was held near Trump's Florida estate, and the mayor stressed that they talked about important city issues like infrastructure and the migrant crisis. Adams said he did
Ohio's Little Miami Local Schools is stirring up a debate. On Thursday night, the school board will talk about a policy that might make teachers take down most posters, flags, and displays in classrooms. The district wants to focus classrooms on the curriculum, not social or political issues. Littl
In Columbia, business leaders from across South Carolina gathered to hear from state legislators about their plans for the upcoming session. The South Carolina Chamber of Commerce hosted this event, giving lawmakers a chance to share their goals and vision for the state. House Minority Leader Todd
