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jesse powell

Tokenization: A Slow and Steady Race

December 20, 2025

Tokenization is a hot topic in finance. It involves using blockchain to represent real-world assets like stocks and bonds. This allows for fractional ownership and easier trading. Many people think this change will happen quickly. But not everyone agrees. Sidney Powell, co-founder of Maple Finance,

business

What's Up with Prices? November's Inflation Report Drops Thursday

December 18, 2025

Thursday is a big day for economists and folks keeping an eye on their wallets. That's when the latest inflation report comes out, giving us a peek at how much prices have changed. This is the first time in almost two months we're getting fresh data, thanks to that long government shutdown messing t

business

Big Changes in Sports Ownership: Who's Buying and Who's Selling?

December 18, 2025

Laurene Powell Jobs, the widow of Steve Jobs, is stepping back from her role in sports ownership. She's selling her share in Monumental Sports & Entertainment, the company that owns the Washington Wizards and other sports teams. This news comes from reports by Scott Soshnick and Eben Novy-Williams. ...

politics

Fed's Waller: Protecting Central Bank Independence

December 18, 2025

Christopher Waller, a Federal Reserve Governor, recently made it clear that he would strongly defend the central bank's independence if it were ever challenged by a U. S. president. Waller, who is considered a top contender to replace Jerome Powell as Fed Chair next year, shared his thoughts during

business

U. S. Economy Shows Mixed Signals in Recent Data

December 17, 2025

The U. S. economy is sending mixed signals, according to recent data. The government has finally released some delayed reports, and they show a few worrying trends. For example, the unemployment rate has gone up to its highest point in four years. Also, retail sales didn't grow at all at the start o

health

A Baby Born in the Most Unlikely Place

December 17, 2025

In a strange turn of events, a baby named Ryu Lopez was born outside his mother's uterus. This is not something that happens often. The baby was found during surgery to remove a huge cyst from his mother's ovary. The cyst weighed over 22 pounds. It had been growing for years. The mother, Suze Lopez

politics

Who Will Lead the Fed? Trump's Tough Call

December 17, 2025

Kevin Hassett, the head of the National Economic Council, is in the running to become the next Federal Reserve chair. But not everyone in the Trump administration is convinced he's the right fit. Some officials privately question his effectiveness, suggesting he might not be up to the task of replac

business

Tech Giants Reshape Teams to Ride the AI Wave

December 17, 2025

Big changes are happening in the world of tech banking. Goldman Sachs is mixing up its team to keep up with the growing AI industry. This isn't just about AI itself. It's about all the stuff that makes AI work, like the internet and computer chips. Two leaders, Yasmine Coupal and Jason Tofsky, are

business

Goldman Sachs Shakes Up Tech Teams for Digital Future

December 16, 2025

Goldman Sachs is mixing things up in its tech investment teams. They are merging their telecom and "CoreTech" teams to create a new group focused on digital infrastructure and AI deals. This new group, called Global Infrastructure Technology, will be led by Yasmine Coupal and Jason Tofsky. Coupal ha

sports

Francis Mauigoa: From Samoan Roots to Miami's Football Star

December 15, 2025

Francis Mauigoa, a standout offensive lineman for the Miami Hurricanes, has made a significant impact on the field. His journey to success is deeply rooted in his Samoan heritage and the values he learned growing up in a small village. Born in 2005 to Fa’alialia and Telesia, Francis is an American S