Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
The agreement will create one of the largest free trade zones in the world but must be ratified by member states...
Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....
Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold?...
Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell....
The Justice Department investigation into Federal Reserve Chairman Jerome Powell is sparking backlash and spotlighting the clash between the White House and the Federal Reserve Chair....
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
The agreement took 25 years to negotiate and will create one of the world's largest free trade zones. The trade deal will be signed, despite opposition from some European farmers....
Kyiv's attacks on Russian oil terminals and refineries damage their enemy, but impact other economies such as Kazakhstan and risk alienating allies....
New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...
US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...
Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...
California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...
White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...