The second-largest stablecoin — a cryptocurrency that is pegged to a fiat currency — USCD depegged from the dollar, hitting an all-time low of around 88 cents over the weekend. While the coin has rebounded, it's still hovering just below the peg and could face additional volatility amid the ongoing collapse of Silicon Valley Bank. USCD reportedly held a significant amount of reserves at the embattled bank.
NEW MIGRAINE TREATMENT
The FDA has approved a new nasal spray for adults who suffer migraines. Pfizer said the spray, called Zavzpret, is considered a rapid rescue treatment and could relieve migraine pain within 15 minutes. The spray is also an alternative for people who have heart disease and other conditions that are preventing them from safely using other migraine treatments.
SLASHER SUCCESS
Scream VI topped the charts this weekend with $44.5 million dollars in ticket sales. It's the best debut in the franchise's history and a surprise box office success in the usually quiet month of March. The film follows the survivors of the last spate of Ghostface murders as they pursue a fresh start in New York City. Last year, the fifth Scream entry made about $30 million in ticket sales over a four-day holiday weekend
President Donald Trump pulled a rabbit out of his trade war hat this week, announcing a trade deal with Japan putting 15% tariffs on most Japanese imports.
Nextdoor CEO Nirav Tolia shares how the neighborhood app's redesign aims to inform, connect, and protect communities with smarter features and local insight.
Tim Bohen dives into the 'Trump Trade,' renewed tariffs, waning uncertainty, corporate guidance, and what the Fed’s next move means for traders and markets.
Wall Street icon Peter Tuchman dives into Apex Trader Funding’s partnership with Wall Street Global Trading Academy and what it means for the next-gen trader.
Matthew Frankel, contributing analyst at The Motley Fool, discusses the recent SPAC resurgence, investor interest, and what the data says about their future.
Axios’ Neil Irwin unpacks the political clash as the White House explores legal pathways to dismiss Fed Chair Powell, threatening central bank independence.
