The Federal Reserve has withdrawn its guidance letter to banks it supervises related to their participation in crypto-related activities, the last of three prudential banking regulators to do so.
Why it matters: President Trump committed on the campaign trail to roll back restrictions on banks seeking to engage in legal activities in the blockchain space, and, with the withdrawal of this letter, that process is complete.
President Trump wants to fast-track U.S. coastal projects to find and extract minerals from the ocean floor that can be used for defense, energy and other industrial applications.
Why it matters: Oceans are potentially rich source of manganese, cobalt, nickel and copper — materials crucial to the energy transition — bound up in nodules on the sea floor.
Innovation is essential in both the technology and life sciences sectors, and startups in these fields — often venture-backed and in various stages of growth ranging from pre-revenue to more established — play a crucial role in driving this innovation forward.
McDonald's is rolling out its first permanent menu item in four years with the new McCrispy Strips.
Why it matters: The chicken strips' arrival is the latest hint that the fan-favorite Snack Wrap is coming back to restaurants soon — nine years after it was discontinued.
The Chinese government asserted Thursday that no talks are happening with the U.S. about de-escalating the trade war, and called on the Trump administration to make the first move.
President Trump said Thursday that he will meet with The Atlantic's editor in chief, Jeffrey Goldberg, for an interview following the Signal chat scandal.
Why it matters: Goldberg prompted scrutiny of the Trump administration's ability to handle sensitive information after he revealed that he was mistakenly added to the group chat with top administration officials.
It's been over a decade since celebrities, brands and everday people were posting videos of themselves on the internet being doused with buckets of ice to raise awareness about ALS.
Driving the news: Students from the University of South Carolina revived the trend last month in support of mental health.
Influential journalists who have positioned themselves as subject matter experts and amassed large followings are ditching traditional outlets to venture out on their own.
Why it matters: These independent journalists are grappling with the same challenges that many communication and brand teams face. That is, how do they differentiate themselves in the market and establish a strong reputation with the audiences that matter most?
Nintendo Switch 2 preorders quickly sold out on Target, Walmart and Best Buy early Thursday, and now GameStop may be the last hope to order the hotly anticipated consoles.
GameStop starts its online orders at 11am ET. (See more below.)
Volkswagen and Uber announced a long-term strategic partnership to deploy thousands of electric, autonomous ID. Buzz minivans on the ride-hailing network across multiple cities, starting in Los Angeles.
Why it matters: It's the latest in a series of global autonomous vehicle partnerships for Uber, which aims to blend robotaxis with human-driven vehicles on its network.
Art Laffer, a conservative economist once praised by President Trump as brilliant and bold, blamed White House trade policy for the "most scary, in-flux" economic moment of his life.
Why it matters: Laffer, widely regarded as the father of supply-side economics, warned that tariffs and trade barriers could wreak havoc on America's economy.
Young adults around the world are increasingly taking health decisions into their own hands, according to new global survey results from communications firm Edelman.
Why it matters: Adults under age 35, many who've come of age since the beginning of the COVID-19 pandemic, still rely on their individual providers to help with medical choices. But they're also seeking information on their own more than ever.
Director of National Intelligence Tulsi Gabbard said she made two criminal referrals over alleged classified information leaks and a third one is "on its way."
The big picture: The Trump administration has moved to crack down on leaks to journalists in recent weeks following a series of explosive reports, with the Pentagon firing three top officials after an internal investigation into "unauthorized disclosures" of national security information.
