Cryptocurrency company Circle said Thursday that it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month. It would be the first stablecoin in euros — the world’s second-most-important reserve currency after the U.S. dollar — backed by a large player in the industry… Read More
Data likely to show Teslas on Autopilot crash more than rivals
The government will soon release data on collisions involving vehicles with autonomous or partially automated driving systems that will likely single out Tesla for a disproportionately high number of such crashes. In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly… Read More
Microsoft makes internet history Wednesday
Internet Explorer is finally headed out to pasture. As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate — and a few still claim to adore. The 27-year-old application now joins BlackBerry phones, dial-up modems and Palm Pilots in the dustbin… Read More
Elon Musk closer to launching giant rocketship after FAA review
SpaceX cleared a key hurdle Monday for its plan to launch a gigantic, futuristic rocketship into orbit from Texas. The Federal Aviation Administration concluded an environmental review of Elon Musk’s Starship base. The agency saw no significant environmental concerns, but is requiring more than 75 actions to reduce impacts to… Read More
FBI faces outrage over Civil War gold videos
The FBI either lied to a federal judge about having video of its secretive 2018 dig for Civil War-era gold, or illegally destroyed the video to prevent a father-son team of treasure hunters from gaining access to it, an attorney for the duo asserted in new legal filings that allege… Read More
Bitcoin plummets as major crypto lender halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major crypto lender halted all withdrawals citing “extreme market conditions.” It is the second collapse of a part of the cryptocurrency world in the last two months. The stablecoin Terra imploded in early May, erasing tens of billions of… Read More
Bye, Germany! China becomes top importer of Russian energy
China has overtaken Germany as the biggest buyer of Russian energy exports since the start of the war in Ukraine, an independent research group said Monday. The Centre for Research on Energy and Clean Air said Russia received about 93 billion euros ($97 billion) in revenue for the sale of… Read More
Why FBI targeted former Marine general
The FBI has reportedly seized a trove of data from a retired four-star general who was once in charge of U.S. and NATO forces in Afghanistan. Retired Marine Gen. John R. Allen, who also served as president of the Brookings Institution think tank, is reportedly a subject of a federal… Read More
U.S. inflation breaks a 40-year record… again
The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department… Read More
Birds leave behind $3,000 mess in historic jail incident
A family of jail birds has left behind a nearly $3,000 mess at the historic Steuben County Jail in northeastern Indiana. The Steuben County Commissioners have approved spending that amount of money to clean up the waste left behind by a family of starlings, mainly in duct work at the… Read More
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