Federal Reserve Governor Michael S. Barr warned in a June 2026 speech that recent bank deregulation during a financial boom could weaken the system's resilience against future crises. He highlighted regulatory rollbacks that reduce capital requirements and supervisory rigor, increasing systemic risks amid rising inflation and credit defaults. Drawing on historical crises, Barr emphasized that such deregulation may bring short-term gains but leaves the economy vulnerable to severe shocks that ultimately harm workers and communities. His warnings call for caution as the current deregulatory trend could lead to costly financial instability down the line.
Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to ...
Babylon's BABY token surged 52.7% following its listing on South Korea's largest exchange, Upbit, which led to a trading volume spike between $100 million and $250 million in 24 hours. The token enables Bitcoin staking directly on the Bitcoin blockch...
Bitcoin has been trading at a discount against the South Korean won for nearly a month, reaching its deepest gap of 3.1% since February 2021 on June 1. Despite global prices around $70,767, South Korean exchanges like Upbit and Bithumb have priced bi...
Bitcoin has historically fallen 77-84% following Federal Reserve Chair transitions due to early hawkish policies and liquidity tightening. Past declines coincided with major market shocks and aggressive Fed tightening cycles. However, the upcoming 20...
Solana's price fell to $61, its lowest in 31 months, driven by institutional investors selling off their holdings due to mounting losses. SOL Spot ETFs turned negative after a month of gains, signaling growing bearish sentiment. The altcoin's Relativ...
