Author: Admin

Injection pens for the weight loss treatment Wegovy, manufactured by Novo Nordisk A/S, on display during a news conference in Mumbai, India, June 24, 2025.Dhiraj Singh | Bloomberg | Getty ImagesMillions of older Americans in Medicare are about to gain access to obesity drugs for the first time — but that landmark shift may be flying under the radar for many of them. Starting Wednesday, eligible beneficiaries can get obesity drugs through Medicare’s new Bridge demonstration program for a monthly copay of just $50. The coverage marks a long-sought victory for patients, physicians and obesity advocates who have pushed for broader…

WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued a statement today on his Federal Deposit Insurance Corporation (FDIC) votes concerning resolution planning, assessments, and the disclosure of confidential supervisory information. Excerpts from Comptroller Gould’s statement are below. His full statement can be found here. On resolution planning: I am voting for the proposal to revise resolution-related submissions for insured depository institutions over a certain asset size because I believe that it is a meaningful step in the right direction. It is a recognition that the FDIC should not attempt to outsource its resolution responsibilities to banks, narrows the scope of…

Traditional securitization markets struggle to package individual servers or computing equipment into investable products, Anderson said. Stablecoins — with more than $300 billion circulating onchain — create a new source of capital for asset-backed lending.”We have the capital onchain to finance this industry,” he said.The same thinking extends to energy. Framework has invested in Daylight, which finances residential solar projects through a distributed energy network, and Uranium Digital, which is building a tokenized marketplace for physical uranium.A different generationThere’s also a notable shift in the profile of founders building today’s crypto companies, Anderson said.Rather than anonymous crypto-native developers launching speculative…

With a digital health record, clinicians and AI-driven diagnostic tools would be able to see your full health history, and then make better decisions.

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxThe Monetary Authority of Singapore (MAS) is setting up a Future of Finance Institute to help financial firms move AI and tokenisation projects beyond pilots.The institute will initially focus on AI and tokenisation, bringing together financial institutions, technology firms, researchers and fintech players to support wider adoption across the sector.The Future of Finance Institute will build on existing MAS-led initiatives in AI and tokenisation, including the MindForge AI Risk Management Toolkit, PathFin.ai, Project Guardian and Project Orchid.MAS said the institute will act as a coordinating body for the…

Answer Capsule: Bitcoin spot is still in a bearish lower-value reset after the June 24-25 liquidation. Buyers are showing real absorption near $58,000-$59,750, but BTC has not yet reclaimed $60,750-$61,000 or the stronger $61,750-$62,250 repair zone. My active spot-adjusted score is -3 / +10.Key takeawaysActive BTC score: -3 / +10, replacing the prior futures-only blended 0 / +10.Market state: Bearish lower-value reset with early absorption, not confirmed accumulation.Main tactical resistance: $60,750-$61,000 is the first escape gate from the lower balance.Stronger repair zone: $61,750-$62,250 needs to be reclaimed before the bullish case becomes more credible.Key support and absorption zone: $58,000-$58,400 remains…

The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.09%.  September E-mini S&P futures (ESU26) fell -0.12%, and September E-mini Nasdaq futures (NQU26) fell -1.19%. Stock indexes settled lower on Friday, with the S&P 500 and Nasdaq 100 falling to 2-week lows.  The weakness in chipmakers weighed on the overall market Friday.  South Korea’s Kospi Index fell by more than -5% on Friday after Samsung Electronics and SK Hynix sold off, sparking a global decline in chipmakers.  Stocks also came under pressure on Friday…

June 2026 Cyclical Fluctuations, Financial Frictions, and Productivity Differences across Firms Luca Guerrieri, Jinill Kim, and Arsenii Mishin Abstract: Within narrowly defined industries, the most productive firms produce far more than the least productive from the same inputs, and this dispersion widens in downturns. We build a tractable representative-agent model in which financial frictions—adverse selection and moral hazard—make firms sort endogenously into lenders, strategic defaulters, and producers. As credit conditions vary, the resulting misallocation gives aggregate total factor productivity (TFP) an endogenous component that accounts for about 30 percent of the variance of TFP at business-cycle frequencies, a…

Check out what’s clicking on FoxBusiness.com. The Golden State Warriors will have a new company patch on their jerseys, and it will set a new precedent in the sponsorship deal space. IREN, an Australian-founded vertically integrated AI cloud provider, will have its brand on the jerseys beginning with the 2026-27 season after a deal reportedly worth more than $50 million a year.The financial terms, first reported by Sportico, make it the largest sponsorship deal in North American sports. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM The Golden State Warriors will have an Iren patch on their jerseys beginning the…

The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty ImagesSpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the company’s blockbuster public debut.Nasdaq announced after the close Friday that SpaceX qualifies for inclusion in the benchmark technology index. Assuming the company meets the requirements, index-tracking funds and other product sponsors would begin purchasing shares after the market closes on July 6, with SpaceX officially joining…