IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills

Coinbase Opposes Stablecoin Compromise In Senate Crypto Bill: Report Authored by Jesse Coghlan via CoinTelegraph.com, Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting on Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange. A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges,...

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

CIA To Integrate AI 'Co-Workers' To Process Intelligence, Catch Spies Authored by Brayden Lindrea via CoinTelegraph.com, The US Central Intelligence Agency said it will embed “AI co-workers” directly into its analytics platforms to assist analysts with detecting spies and anticipating hostile moves by foreign adversaries. “Within the next couple of years, we will have AI co-workers built into all of the agency’s analytic platforms — a kind of classified version of generative AI that will help our analysts with basic tasks,” CIA Deputy Director Michael Ellis reportedly said on Thursday during an event hosted...