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EU bars regulated crypto firms from privacy coins starting July 2027
The sweeping AML regulation also caps commercial cash payments at €10,000 and tightens KYC rules, while peer-to-peer Bitcoin transfers remain exempt.
Bitcoin climbs above $63K after Israel-Hezbollah ceasefire
The cryptocurrency rebounded on Friday as the truce eased geopolitical tensions, though renewed fighting in Lebanon on Saturday clouds the outlook.
Damodaran warns AI bust could hurt more than dot-com crash
The NYU professor says debt-funded AI infrastructure spending, not stock prices, poses the real risk of a correction that spills into the broader economy.
Almirón becomes first player sent off under World Cup mouth-covering rule
Paraguay's Miguel Almirón was dismissed during Friday's Group D match against Türkiye in Santa Clara, marking the first use of the new regulation.
Brazil beats Haiti 3-0 for first World Cup win
Matheus Cunha scored twice and Vinícius Júnior added a third as Brazil eliminated Haiti from the tournament in Philadelphia.
World Cup forecast to generate $45B global GDP boost
Bank of America analysts project the tournament will add $19 billion to U.S. GDP alone, dwarfing the economic impact of Taylor Swift's Eras Tour.
Saibari’s 71-second goal lifts Morocco past Scotland 1-0
Ismael Saibari scored the fastest goal of the 2026 World Cup, sending Morocco to the top of Group C with four points.
China’s US Treasury holdings hit 18-year low in April
Beijing's stake fell to $651.1 billion, its lowest since 2008, even as Japan and the UK boosted holdings and total foreign demand edged higher.
Tanker stocks rally as oil tumbles after U.S.-Iran deal
Over 550 ships remain stranded at the Strait of Hormuz, keeping freight rates elevated even as crude prices dropped sharply this week.
EU selects Italian-led consortium to build open-source frontier AI model
The EUROPA consortium, led by Domyn, will develop an AI system with over 400 billion parameters covering all 24 official EU languages.