Posts with tag: java
In a move to maintain the dollar's global dominance, President Trump has prioritized crypto stablecoins, aligning with issuers like Tether and Circle. Trump's executive order promotes stablecoin development and growth while halting work on a central bank digital currency. The order acknowledges the potential of stablecoins in payments and transfers, especially in emerging economies, and emphasizes the US's competitive advantage in the digital asset space. Amidst growing concerns and investigations, stablecoin issuers remain optimistic, with Tether considering US expansion and Circle planning an IPO.
Published on: January 24, 2025, 07:05 PM UTC
UnitedHealth Group names Tim Noel as CEO of its health insurance unit, UnitedHealthcare, following the death of Brian Thompson.
Published on: January 24, 2025, 01:03 PM UTC
IMF chief says inflation 'genie' mostly back in the bottle, but more work needed
Published on: January 24, 2025, 12:05 PM UTC
Trump's proposed tariffs on Canadian autos would hurt US automakers and American consumers. TD Economics outlines the pain points of a 25% tariff on Canadian-made autos, including rising car prices, job losses, and supply chain disruptions.
Published on: January 24, 2025, 10:02 AM UTC
UnitedHealth Group announces Tim Noel as the new CEO of UnitedHealthcare, succeeding Brian Thompson.
Published on: January 23, 2025, 10:02 PM UTC
HP joins consumer companies stockpiling products ahead of potential tariffs from President Trump. HP CEO says the company has increased its inventory of final products to mitigate the impact of tariffs. The Consumer Technology Association estimates that proposed tariffs could increase laptop and tablet prices by up to 46%. Trump has floated tariffs of 10% to 20% on most imports and 60% tariffs on Chinese imports. HP has reported a few mixed quarters as tariff concerns swirl.
Published on: January 23, 2025, 09:04 PM UTC
Trump reverses Biden-era effort to offer $2 generic drugs to Medicare patients
Published on: January 23, 2025, 07:01 PM UTC
Tariffs, including a potential 25% levy on China, could hurt retailers like Ralph Lauren, which sources some products from the country. Still, the company says it can manage the impact and has diversified its sourcing options. Apparel company stocks have generally risen despite tariff concerns.
Published on: January 23, 2025, 05:03 PM UTC
Microsoft aims to provide 1 million people in South Africa with AI and cyber security training opportunities by 2026, prioritizing all sectors and the youth.
Published on: January 23, 2025, 03:06 PM UTC
World Bank arbitration court rejects Venezuela's bid to annul ConocoPhillips $8.37 billion award
Published on: January 23, 2025, 03:04 PM UTC