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Banks Sound Alarm As Senate Pushes High-Stakes Stablecoin Bill That Could Reshape Traditional Deposits

by Ananya Gairola | May 9, 2026 | General

A pivotal Senate Banking Committee vote next week could move the U.S. closer to establishing long-awaited crypto regulations amid heightened concerns from banks that stablecoins may disrupt traditional deposit systems. Senate Stablecoin Legislation Advances Amid...
Trump Says ‘I Know Nothing’ About Reported Move To Oust FDA Chief Marty Makary Amid Agency Turmoil

Trump Says ‘I Know Nothing’ About Reported Move To Oust FDA Chief Marty Makary Amid Agency Turmoil

by Ananya Gairola | May 9, 2026 | General

On Friday, President Donald Trump distanced himself from reports that his administration is preparing to remove Food and Drug Administration Commissioner Marty Makary. White House Weighs FDA Leadership Shake-Up Senior White House and health officials have approved...
Anthropic Signs $1.8 Billion Akamai Cloud Deal Amid Surging Claude AI Demand: Report

Anthropic Signs $1.8 Billion Akamai Cloud Deal Amid Surging Claude AI Demand: Report

by Mohd Haider | May 9, 2026 | General

Anthropic reportedly signed a $1.8 billion, seven-year cloud computing deal with Akamai Technologies Inc. (NASDAQ:AKAM) to expand AI infrastructure for Claude amid rising demand. Bloomberg, citing sources, reported the deal on Friday. AI Compute Expansion Deal On...

Trump Administration Appeals 10% Global Tariffs Ruling As Judges Say Trade Law Was Misused

by Ananya Gairola | May 9, 2026 | General

On Friday, the U.S. administration moved to overturn a federal trade court ruling that dealt another legal setback to President Donald Trump’s global tariff agenda by challenging the legal basis for his 10% import duties. Trump Tariff Strategy Faces Renewed...

JD Vance Meets Qatar PM In Washington To Discuss Iran: Report

by Mohd Haider | May 9, 2026 | General

U.S. Vice President JD Vance is reportedly meeting Qatar Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani in Washington to discuss Iran negotiations and other issues amid a fragile U.S.-Iran ceasefire. The meeting will also cover U.S.-Qatar relations, liquefied...

Uber-Backed Lime Files For IPO After 29% Revenue Growth In FY25

by Mohd Haider | May 9, 2026 | General

The electric bike and scooter operator backed by Uber Technologies (NYSE:UBER), Lime, filed for a U.S. initial public offering on Friday, disclosing 29.1% revenue growth to $886.7 million in fiscal year 2025, planning to list on Nasdaq under the ticker “LIME.” IPO...
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