A new generation of cryptocurrency, pegged to the dollar, is growing rapidly, promising faster payments and potentially lower interest rates. But regulators and bankers warn of risks.
Elliott Hill is traveling the globe to meet with leagues, teams and athletes to rebuild connections and spur a turnaround for the world’s largest athletic-wear company.
A federal judge on Saturday ruled that efforts to delegate control of the U.S. Agency for Global Media to Trump ally Kari Lake were unlawful, therefore voiding Lake's actions as the acting head of the agency over the past year. Why it matters: The ruling notably invalidates Lake's directive to lay off hundreds of employees across USAGM and the government-funded broadcasters it governs, such as Voice of America. - It also voids other actions Lake took to reduce spending, including the cancellation of USAGM's lease on new office space and a significant reduction of broadcasting capabilities across USAGM-supported broadcasters. Zoom in: In a summary judgement, U.S. District Judge Royce Lamberth said Lake's brief appointment as CEO of USAGM…
Ruthie Blum reacts to latest global terrorist threats: "These are not isolated incidents in the sense that we're talking about global jihad and the head of the octopus is Iran, as Israel has been saying, particularly since the October 7th massacre."
“The service member was seriously wounded at the scene of an attack on U.S. troops in the Kingdom of Saudi Arabia on March 1," the social media post from CENTCOM read.
He was regarded as the possible next supreme leader before the Israeli strike caused the death of his father at the start of conflict.
The succession of the slain leader’s son is seen as a signal of the Islamic republic’s defiance of Israel and the United States, and of continuity during crisis.
Democratic National Committee chair Ken Martin is facing a growing crisis of confidence within his party, more than two dozen Democrats tell Axios. - Donors, operatives and some DNC members are questioning his leadership, fundraising ability and handling of the party's still-secret "autopsy" of the 2024 election loss. Why it matters: The DNC's dysfunction likely won't affect this year's midterms, and Democrats have overperformed in recent elections. But it could have huge consequences for the party's ability to meet the challenges of the 2028 presidential race. - The DNC will play a crucial role in organizing Democrats' 2028 primary and in building the infrastructure for the party's next presidential nominee. - But the DNC has been…