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Banks are in trouble, but this solution would make Elizabeth Warren’s head explode

[CNN Business] Businesses struggle to rehire workers as states reopen Now PlayingAnother 3 million file unemployment in the last week. New York (CNN Business)Mass unemployment. Mounting bankruptcies. And fears of negative interest rates. It’s a nightmarish time for America’s banks.The mood is so dire that there’s even buzz about a blockbuster merger that […]

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Where Bitcoin Fits in the New Monetary Order

[Coindesk] The third part of The Breakdown’s Money Reimagined series looks at the role of bitcoin and USD stablecoins in the new global monetary order. This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund. Niall Ferguson has called this moment an “age of experimentation” when it […]

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Crypto.com Claims Its Card Is ‘Most Widely Available’ After European Expansion

[Cointelegraph] Payments and cryptocurrency platform, Crypto.com, announced a broad European launch of itsMCO Visa cards. The cards will soon ship to 31 countries in the region, according to thecompany’s blog post, published May 15. The company’s European presence now covers all 27 EU member states, as well as Switzerland,the UK, Iceland, […]

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28 Stocks Moving in Friday’s Pre-Market Session

[Benzinga] Gainers Torchlight Energy Resources, Inc. (NASDAQ: TRCH) shares rose 72.6% to $0.5006 in pre-market trading after dropping over 21% on Thursday. Bridgeline Digital, Inc. (NASDAQ: BLIN) rose 70.2% to $2.11 in pre-market trading following Q2 results. Bridgeline Digital swung to earnings of $0.33 per share, versus a year-ago loss of $39.93 per share. […]

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