Recession Signal As Consumers Struggle To Pay Bills

Lebanese officials have reportedly proposed direct peace talks with Israel as a way to end the ongoing Israeli invasion, and sought help from the US in brokering such discussions, but were apparently rebuffed, with US envoy Tom Barrack reportedly saying there was “nothing to discuss.” Israel has been attacking Lebanon on a virtually daily basis […]

Are You Being Watched By Smart Glasses? Here's How To Check Meta's Ray-Bans are seeing growing adoption among everyday consumers, highlighting an affordability sweet spot for AI-powered wearables as Apple is expected to enter the space with its own smart glasses following its failed Vision Pro launch. Yet, as AI-powered glasses gain popularity, they introduce new privacy and security concerns, with one smartphone app emerging as an early countermeasure. As first reported by tech blog 404 Media, the new smartphone app Nearby Glasses scans the Bluetooth signature emitted by smart glasses...

Stablecoin Yields Won't Harm Banks, White House Economists Say Authored by Amin Haqshanas via CoinTelegraph.com, A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked to offer the president economic advice, moving funds from stablecoins back into bank deposits would not translate into significant new lending. Under its baseline scenario, total bank lending would increase by about $2.1 billion, roughly 0.02% of...