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  • Rain seeks US trust bank charter days after OCC sued over crypto charters

    Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them.

  • OKX eyes emerging markets with yield-offering stablecoin savings and payments app

    OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY.

  • An Uncomfortable Reality: China’s Rare Earth Chokehold May Outlast This Decade

    An Uncomfortable Reality: China’s Rare Earth Chokehold May Outlast This Decade An inconvenient reality for the Trump administration’s race to rebuild Western conflict-free critical materials supply chains outside China, whether domestically or through friendshoring, is that it won’t break China’s chokehold this decade. The main problem for the US lies well beyond the mine, ING…

  • Trump’s $90 Medicare Checks Raise A Question Nobody Seems To Be Asking

    Trump’s $90 Medicare Checks Raise A Question Nobody Seems To Be Asking Authored by David Manney via PJ Media, President Donald Trump is sending well over 20 million Medicare enrollees $90 apiece, and plenty of recipients will understandably welcome the money. With the standard Medicare Part B premium at $202.90 a month this year, $90…

  • Trump offers U.S. help to Russia after plague death; WHO assesses the situation as low risk

    WHO said it was in contact with Russian authorities, and has offered support if needed, while assessing the risk to the general public as low based on available information.

  • TikTok Kicks Off Agentic Commerce Push With AI Shopping Assistant

    TikTok has introduced an in-app checkout solution and an artificial intelligence (AI) shopping assistant, saying in a Monday (Oct. 5) press release that these are the first of several agentic commerce experiences the company is adding to its platform. The in-app checkout solution, Buy Direct, allows users to buy from a brand without leaving TikTok, according to the release.…

  • NYC Lawmakers Aim to Lead Nation in Establishing AI Safety Rules

    New York City is positioning itself as a leader in an effort to slow down the development of artificial intelligence (AI), the Wall Street Journal reported Monday (Oct. 5). The New York City Council held a hearing Monday in which lawmakers heard from, and in some cases grilled, representatives of OpenAI, Anthropic, Meta and Google as well as former employees of AI…

  • ‘People in the U.S. need to wake up’: As a mortgage loan officer, I rejected wealthy couples due to overspending. We’re all heading for trouble.

    A reader writes: “We’d better get real quick or we’re going to have a financial crisis that makes the Great Recession of 2008 look like a picnic.”

  • Russian gold floods Hong Kong as Western sanctions redraw bullion trade

    The surge underscores how Russia’s gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.

  • ‘The pain was excruciating’: A friend in her 80s fell down her basement stairs. Could it have been avoided?

    “She developed pleural effusion — fluid between the lungs and ribs — compressing her lungs and making it hard for her to breathe.”

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