The battle between crypto and banks is splitting Trump’s base
A fight over stablecoin rules is really about whether deposits at major financial institutions will disappear
Economic news
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Broker Clear Street postpones IPO as AI fears roil US stocks
Shelved public offering comes after the company slashed the amount it expected to raise
Blair think-tank calls for end to ban on new North Sea licences
Institute says new oil and gas exploration is needed to protect workers and slow the decline of the basin
Chicago crashes the Square Mile’s club with deal to buy Schroders
US asset manager Nuveen has swooped on one of London’s most historic names
The January CPI inflation report is due out Friday morning. Here’s what it’s expected to show
Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation.
Anthropic raises $30bn in funding round valuing AI group at $350bn
Latest haul comes as it prepares for an initial public offering as early as this year