Gold tests $1960

Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price. The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...

The US military is preparing for the possibility that the US-Israeli war against Iran lasts until September of this year, according to a report from POLITICO, far beyond President Trump’s initial four-week timeline. The report said that US Central Command is asking the Pentagon to send more intelligence officers to its headquarters in Tampa, Florida, […]

Legendary Midwest Fast-Food Icon Spirals Into Bankruptcy Another fast-food institution is fighting for its life as Byron’s Kitchen files for Chapter 11 bankruptcy protection amid a brutal wave of restaurant closures and restructurings sweeping the food industry, according to The Street. The Chicago-based chain, a beloved local staple since 1975 and now marking over 50 years of slinging dogs, officially sought bankruptcy relief on March 16 in the Northern District of Illinois. Owner Mike Payne and the team behind Byron’s Kitchen Incorporated are using the filing to restructure crushing financial obligations...