To The Moon

Wendy Owusu keeps about a quarter of her cash in stablecoins, earning a yield of about 5%. Her traditional savings accounts pay almost nothing."I'm gonna go where I'm treated best," said Owusu, a cryptocurrency analyst and entrepreneur in Los Angeles.Most of her cash is still in bank accounts to cover bills and other transactions that have to be paid in dollars, but she could see a day when she relies entirely on stablecoins, a digital token designed to mimic the dollar or other currencies in the volatile crypto world.Ashley Wright, a 31-year-old blockchain consultant and crypto investor in Toronto, started using stablecoins to send money to family in Jamaica because she said it was faster and cheaper than wire transfers."If I send $500, they're gonna get $500," she said."We're not at a place just yet where everything is able to be done with stablecoins," she said.Circle's USD Coin, one of the biggest stablecoins, briefly lost its peg to the dollar in 2023 after the failure of Silicon

Musk: I'm Confident That Tesla Will Build a Factory on the Moon In 20 Years. "Hold on" Tesla Stock

For the fourth time since summer, Federal Reserve Chair Jerome Powell declined Wednesday to say whether he will remain on the central bank's board after his chairmanship ends May 15."Again, I don't want to get into this," Powell said at a news conference after the Fed's latest meeting.The answer never changes. That is the point.Powell has this option because of a quirk of Fed governance. Chairs are confirmed to two posts: a four-year term as chair and a separate 14-year term as governor. Most leave when their chairmanship ends, but they don't have to. Powell's governor seat doesn't expire until 2028.The best-case scenario for the Trump administration is a public commitment from Powell to leave when his chairmanship ends. Senate confirmations take time, and without that signal, the administration can't plan a second nomination because they don't know if the seat is opening up. A clear answer from Powell would allow them to move on two nominees at once and lock in their preferred board c

OpenAI and Microsoft have challenged Musk's damages claimsMusk may also seek other penaltiesTrial is expected to start in April(Reuters) - Elon Musk is seeking up to $134 billion from OpenAI and...

Telsa isn't just a car company - it's an undervalued AI empireElon Musk controls an AI and robotics powerhouse - and its growth isn't fully valued into Tesla's stock price. John D. Rockefeller...

Marko Papic of BCA Research finds grounds for disagreement with received wisdom on currencies, politics, stocks and bonds.Papic is a geopolitical strategist who thinks the new era of multipolarity will change the way investors look at the dollar, investments in the U.S. and commodities. Refreshingly for a strategist, BCA's Marko Papic isn't reticent with his opinions and rarely sits on the fence.Marko Papic is geopolitical and macrostrategist at BCA Research, hosts a podcast 'Geopolitical Cousins' and is a frequent commentator in various media. Rather than expressing concern about the Federal Reserve's autonomy, Papic told MarketWatch in an interview: "The Fed was never independent anyway." Instead of obsessing about what many observers believe is a chaotic approach to government, Papic maintains that "Donald Trump is very, very predictable.". More concerning for asset allocators, however, is Papic's bearish call on the dollar. Pressure on the Fed to lower rates will weigh on the curre

Tesla's U.S. sales hit nearly 3-year low in NovemberStandard variants cannibalize Premium sales, says Cox's StreatyTesla's market share rises while EV sales slump(Reuters) - Tesla's U.S. sales...

Tesla on Sunday teased an October 7 event, as investors and analysts await a more affordable model to sustain sales momentum.