Author: News Room

Ripple CEO Brad Garlinghouse has hinted that the company is considering overseas jurisdictions for its potential IPO, asserting that it makes no sense to go public in the U.S. Garlinghouse gave this hint during an interview at the 2024 Consensus conference hosted by CoinDesk. The interviewer asked the Ripple CEO a point-blank question about whether going public is on Ripple’s agenda. No IPO Under Gary Gensler In response, Garlinghouse noted that conducting an initial public offering (IPO) is not on Ripple’s immediate agenda. He attributed this stance to the U.S. SEC leadership under Chairman Gary Gensler. He noted that Ripple’s…

A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Now that a New York jury has convicted former President Donald Trump of all 34 felony charges of falsifying business records, the next obvious question is: Can a convicted felon run for president? Definitely. A further question is more complicated: Could Trump, as a felon, vote for himself? Probably. Starting with the easy question … The US Constitution lays out just three requirements for presidential candidates. They must: Be a natural born citizen. Be at least 35 years old.…

Unsustainable rates of growth in government spending is a problem at the federal and state levels. Lawmakers in most states, both blue and red, are growing government spending at an unsustainable rate, more rapidly than population growth and inflation. Yet a number of states have demonstrated over the past decade that fiscal restraint and conservative budgeting is an achievable goal. In the decade from 2014 to 2023, total state outlays (both state funds and federal transfer funds) in six states (Alaska, Colorado, North Dakota, Oklahoma, Texas, Wyoming) grew at a slower pace than the rate of population growth plus inflation,…

The Hyundai Palisade SUV is a three-row family SUV that was updated with fresh looks in 2023.I was impressed by the Palisade’s smooth driving experience, luxurious cabin, and tech features.The Hyundai Palisade in Calligraphy trim is one of the finest family SUVs I’ve ever experienced. Hyundai introduced its flagship Palisade SUV in 2019, competing against rival three-row family SUVs from Honda, Toyota, and Nissan.Since then, the Palisade and its corporate sister, the Kia Telluride, have been sales darlings that critics love.Hyundai updated the Palisade in 2023 to help it remain competitive with newer offerings from Honda, Mazda, and Chevrolet. The…

Chevy’s electric aspirations are about to meet their toughest test yet with the launch of the Silverado EV and the Equinox EV.The GM sub-brand is pressing forward with its launches this year despite a slowdown in EV adoption — a risk the brand’s chief marketing officer says could pay off.CMO Steve Majoros’s argument: Chevrolet is in a sweet spot for a new crop of practical EV shoppers who want to buy from legacy brands instead of startups or Tesla.EVs are also nothing new for Chevrolet. The bowtie brand has been General Motors’ electric poster child since the launch of the…

By Joey Roulette and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – Boeing (NYSE:)’s new Starliner astronaut capsule is poised for launch on Saturday in a much-delayed first crewed test flight, a milestone in the beleaguered aerospace giant’s aim to compete with Elon Musk’s SpaceX in the astronaut launch business. The CST-100 Starliner with two astronauts aboard is due for liftoff at 12:25 p.m. ET (1625 GMT) from NASA’s Kennedy Space Center in Florida, strapped to an Atlas (NYSE:) V rocket from Boeing-Lockheed Martin joint venture United Launch Alliance (ULA). A May 6 countdown was halted just two hours before launch…

JasmyCoin surged 71% this week, hitting a new peak of $0.036. Technical signs hint at a potential peak near resistance at $0.037. A correction may follow, with the next support at $0.024. JasmyCoin has seen a remarkable surge in price, climbing nearly 71% in the past week and achieving a new yearly peak of $0.036, a 696% yearly surge. This notable increase positions JasmyCoin as the week’s top performer in the cryptocurrency market, where it now ranks 59th by market capitalization. JASMY/USD 7-Day price chart (Source: CoinMarketCap) Market Dynamics and Price Movement Since the beginning of 2024, JasmyCoin has shown…

The guilty verdict against Donald Trump in his New York hush money trial is a momentous news story in itself. What’s far less clear, and what no polling can predict, is the effect it will have on voters’ willingness to support Trump in the presidential election. That’s not for a lack of data points. A number of pre-conviction surveys have already asked questions attempting to gauge the potential political fallout, and initial post-verdict polling provides a first look at how Americans are reacting to Trump’s conviction. But survey questions that ask voters to explain how their choices are affected by a news event – whether a debate performance or…

Over May 29-30, at New York’s Hard Rock, Los-Angeles-based Julien’s Auctions staged yet another of its characteristically colorful, world-beating sales of the red-hot center of rock-n-roll memorabilia, namely, a sale of stage instruments themselves. On the first day, John Lennon’s magnificent Hootenanny 12-string acoustic, used in the composition and performances of “Help,” demonstrated with puissance that great guitars still could wring money out of the walls in this uncertain world, bringing $2.8 million, a world record for a guitar from the Beatles. In a gavel stroke, that sale alone contributed just under a third of the two-day total. Pictured above,…

When Joshua first earned a $100,000 salary about five years ago, it didn’t impact his lifestyle much.”I wasn’t able to splurge or to afford luxurious things,” the 30-year-old fintech professional, who’s based in Georgia, told Business Insider via email.But increasing his income to that level did do one important thing: It helped him worry much less about his finances. Joshua said the boost to his financial security also made his relationships with his friends and family more comfortable.”There was no longer the strain of borrowing and paying back money, no longer going out to eat to get a quick meal…