Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency, or OCC, to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase’s…
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its fiscal year 2027 budget request, centering on a significant “historic” defense spending increase to $1.5 trillion. The national debt crossed $39 trillion just weeks ago and is alarming figures as varied as Elon Musk and…
Mercor, a startup that provides training data to major AI companies, confirmed that it was the victim of a security breach that may have exposed sensitive company and user data. The three-year old startup, which is valued at $10 billion, recruits experts in fields ranging from medicine to law to literature, to help provide data…
The average long-term US mortgage rate has climbed for the fifth consecutive week, reaching its highest level in nearly seven months and adding to affordability challenges for homebuyers during the crucial spring housing season, according to AP.The benchmark 30-year fixed mortgage rate rose to 6.46% from 6.38% last week, mortgage buyer Freddie Mac said. A…
Energy intensity has fallen steadily, with a sharp drop in the post-pandemic years, showing the economy is producing more output with less energy. Between financial year 2015-16 (FY16) and FY25, energy used per ₹1,000 of gross value added declined 51.70 per cent in industry, 54.39 per cent in agriculture, and 22.85 per…
The US president said he’ll bring Iran “back to the Stone Age” but gave no detail on ending the war. Source link
Tesla shares dropped more than 4% on Thursday after the company’s deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1…
The U.S. Food and Drug Administration has approved Eli Lilly’s Foundayo, a once-daily oral treatment aimed at the growing weight loss market. The pill, called Foundayo, will start shipping through LillyDirect on Monday and will soon be available at pharmacies and via telehealth platforms. With insurance, patients could pay as little as $25 a month…
The state has 41 districts. “Following the 22 districts already covered, agricultural consumers in the Dausa and Karauli districts are now also set to gain access to electricity for farming purposes during two specific blocks of the day,” said Chief Minister Bhajan Lal Sharma on X. The step will benefit more…
Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images The Wegovy pill showed more pronounced weight loss and less cumbersome side effects than Eli Lilly‘s rival pill that was approved this week, Novo Nordisk said Thursday. Oral Wegovy demonstrated “significantly greater mean weight loss” than orforglipron, which Lilly will sell under the…