In brief
Senator Elizabeth Warren and consumer advocacy groups denounced a report detailing plans by major retailers including Amazon and Walmart to potentially issue their own stablecoins.
The GENIUS Act, a stablecoin…
Key Points:FCA’s proposal aims to stabilize the crypto market and boost investor confidence.Stricter oversight on issuers and custodians to protect consumers.Challenges and varied reactions from the industry regarding technology adaptability.
On…
Key Points:The University of Michigan Consumer Sentiment Index for May 2025 reached 52.2, influenced by a tariff pause.Sentiment turned a corner after temporary relief on China tariffs.Persistent consumer concerns despite…
This is a segment from the Empire newsletter. To read full editions, subscribe.As crypto continues to shift to a more fundamental focus, it makes sense that new metrics will be…
Main Takeaways:-The economy contracted in early 2025, although hiring remained strong, mainly due to a sudden increase in imports caused by tariffs.Business and consumer trust have dropped significantly due to…