And an AI bubble carries a uniquely human cost: job displacement on a scale for which America is not prepared. Without a ...

Circle was just revving up. On Friday, June 6, its stock jumped another nearly 30% to $107.5. That additional leap hurtled the issuer for the USDC stablecoin to a historic record. Jay Ritter—a ...

Traditionally, IPOs are a great deal for Wall Street and its prized clients, not so much for the companies the investment banks take public. Those fabled outfits advertise that if they price the ...

Circle’s USDC, a $61 billion stablecoin pegged to U.S. dollar reserves, is the backbone of its appeal, trailing only Tether’s $155 billion. Investors are bullish on stablecoins’ role in digital ...

(Reuters) -Big first-day gains by recent high-profile U.S. listings have raised questions over whether Wall Street banks — wary of volatility and economic uncertainty from sweeping U.S. tariffs — are ...