finance

Private Credit Boom Threatens Stability, Says Global Watchdog
Private credit, representing lending by nonbank entities to companies, has in recent years come to rival traditional bank lending in size and influence. According to the U.S. Federal Reserve, private ...

MIT Says AI Could Replace Nearly 12% of US Workforce
Artificial intelligence systems can already perform tasks equal to 11.7% of the workforce in the United States, according to research from the Massachusetts Institute of Technology released Wednesday ...

Could Tokenized Gold Become the Next Standard in Stablecoins?
Tokenized gold is gaining momentum as geopolitical uncertainty and rising gold prices weaken trust in fiat-backed assets. Major institutions and sovereign actors are launching or expanding gold-backed...

TradFi brokers to offer crypto prediction markets, but with sports betting blocked locally
If you open your brokerage this year and a “Markets” tab seems to be sprouting unfamiliar yes/no questions (“Will the Fed cut rates in March?”, “Will a major ETF get approved this quarter?�...