Bond yields are at multiyear highs, yet stocks have hit fresh records. Here’s how long the defiance can last.

On July 22, President Donald Trump announced a deal to allow Saudi Arabia to enrich uranium to use as fuel for civilian nuclear power plants. There’s some controversy about the deal and Congress has not yet approved. Saudi Arabia and Iran are major rivals in the Middle East. Critics argue that giving nuclear capabilities (even…

The Senate passed a federal disaster tax relief bill, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, by unanimous consent after it was held up by a single senator. Processing Content The House passed the bill last April along with other tax-related bills before the Senate passed it last Friday. The Doug LaMalfa Federal…

I’ve changed the way I shop over the past few years. And although the shift has been subtle, I’ve found that I’m much happier with the things I buy. In the past, my approach to shopping was simple. If I wanted a new thneed, I would go to a store (or, with the advent of…

Tokenized deposits promise many of the efficiency benefits of stablecoins while operating within a regulated banking framework. That concept has now been tested at scale in Project Agorá, which recently processed $1 million in live tokenized cross-border payments—one of the broadest real-world demonstrations of the technology to date. The project is led by the Bank…

Visa’s $2.4 billion acquisition of fintech BioCatch signals a major shift in the fight against payment fraud. As AI makes scams more sophisticated and harder to detect, behavioral biometrics are emerging as one of the financial industry’s most important tools for distinguishing legitimate customers from fraudsters. Biometrics are increasingly being used to enhance identity verification…