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U.S. Falling Behind in Central Bank Digital Currency Race According to Global Tracker
A new interactive tracker from the Atlantic Council shows that 81 countries are at some stage of development with a central bank digital currency, but the U.S. is notably absent from its list of frontrunners.
Tesla Reaches Milestone With First $1B Quarterly Profit
Tesla’s quarterly profit has surpassed $1 billion for the first time. The results come as the electric car pioneer navigated through a pandemic-driven computer chip shortage that has caused major headaches for other automakers.
Need2Know: Vaccine Mandates, Osaka Out & LeVar Burton Takes Jeopardy!
Vaccine Mandates, Osaka Out & LeVar Burton Takes Jeopardy!
Tokyo Olympics Viewership Down as Games Begin
After a year of delays, the Tokyo Olympics is finally here. But the growth in streaming is expected to lower broadcast viewership numbers. Still, advertisers and sponsors haven't pulled out of the popular live sporting event.
Need2Know: Team USA's Uneven Start, Optimism Plummets & 'Old' Stuns Box Office
Team USA's Uneven Start, Optimism Plummets & 'Old' Stuns Box Office
The Week's Top Stories: Market Records, Crocs Hot, and Airlines Rebound
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
New Crypto Concern: Stablecoins Under Scrutiny From U.S. Regulators
Dollar-pegged cryptocurrencies called stablecoins are on the rise, and U.S. regulators are taking notice.
Robinhood Sees Valuation of Up to $35 Billion as Public Company
Online brokerage Robinhood is looking for a market valuation of up to $35 billion.
Microsoft Exchange Hack Caused by China, U.S. and Allies Say
The Biden administration is blaming China for a hack of Microsoft Exchange email server software that compromised tens of thousands of computers around the world earlier this year.
