BUSINESS

Lawmakers are rushing to craft new AI laws. But a lack of understanding about what AI is capable of, and isn’t, gets messed up. Bad laws result. An AI Insider scoop.

Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation.

Senate Democrats’ bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.

About 20% of the world’s oil consumption passes through the Strait of Hormuz daily, and it’s been affected by the Iran war.

The company plans to obtain the license through the acquisition of BC Payments Australia, expanding its regulated footprint to over 75 licenses worldwide.

What a Small Pacific Atoll Can Teach Us About Life on Earth.

The largest cryptocurrency gained 7% from Monday’s lows as energy price fears eased, with Asian equities rising 1.8% and Brent crude dropping below $90 for the first time since the war began.

Traders are watching whether support near $1.34 holds after repeated rejection near $1.44.

Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.

The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functionality was included.