Sam Bankman-Fried, the former head of FTX, is in prison for a huge financial scam. He got 25 years for stealing billions from customers. Now, he wants a pardon. But Donald Trump, the former U. S. president, says no way. Trump made this clear in a recent interview. He won't pardon Bankman-Fried or ot
World Liberty Financial has taken a bold step by applying for a national trust bank charter with the U. S. Office of the Comptroller of the Currency (OCC). This move aims to bring its USD1 stablecoin under federal oversight, a significant shift in the crypto landscape. The company, known for its ti
Big banks are pushing for changes to the GENIUS Act. They want to stop stablecoin issuers from offering rewards through third parties. Crypto leaders say this is just a way for banks to keep out competition. The GENIUS Act already stops stablecoin issuers from giving interest. But major crypto exch
A company tied to the Trump family has big plans. World Liberty Financial wants to start a new kind of bank. This bank would deal with digital money, like stablecoins. They have asked the U. S. government for permission to do this. Stablecoins are digital money tied to real-world currencies. They a
RBB Bancorp, a community-focused financial group, is getting ready to share its financial performance for the last quarter and the entire year of 2025. This news is set to be released after the stock market closes on January 26, 2026. The company's leaders will have a chat about these results the n
CES 2026 showcased a variety of innovative phone chargers and power banks. Unlike last year, there was no single trend. Instead, companies focused on making chargers more powerful, portable, and stylish. Some even added screens and other unique features. Anker introduced a 45W Nano Charger with a d
The stock market had a wild ride recently, with some companies seeing huge gains while others took a big hit. Let's break it down. Zenas BioPharma, a biotech company, saw its stock drop by more than half after their new drug showed promise in trials. The drug, obexelimab, is meant to treat a rare d
India's approach to managing inflation seems to be working well. The country's central bank has a clear target: keep inflation around 4%. This goal has a bit of wiggle room, from 2% to 6%. This range is called a tolerance band. It's like a safety net to catch prices if they start to swing too much.
Saks Global is making big changes at the top. The company has a new CEO, Richard Baker, who is also keeping his role as executive chairman. This move comes as the luxury retailer is reportedly getting ready to file for bankruptcy. Marc Metrick, who has been with Saks for 30 years, is leaving to expl
2025 was a tough year for big-name retailers. Many well-known stores shut down for good. Over 8, 100 stores closed across the U. S. This is a big jump from the year before. Why did this happen? It's a mix of things. Online shopping is growing. Plus, people are spending less. And some stores just cou
