On 17 June, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which establishes a regulatory framework for stablecoins in the U.S.
Category: 24 June 2025
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SILVER PRICES SOAR TO HIGHEST IN MORE THAN 10 YEARS
While investors have driven gold prices to record highs, manufacturers have been snapping up silver, pushing its price as high as $36.86 on 18 June. The metal’s price is up 29 percent this month alone.
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FED FREEZES INTEREST RATES AMID TRADE WAR UNCERTAINTY
On 18 June, the U.S. Federal Reserve’s Open Market Committee held its policy interest rates steady at 4.25 percent for deposits and 4.50 percent for loans. The decision to do so was unanimous, notes from the meeting showed.
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U.S. BUSINESS ACTIVITY SLOWS IN JUNE AS PRICES CLIMB
U.S. activity in manufacturing and services slowed slightly this month as factories’ cost of materials and prices for finished products rose to their highest level since July 2022.
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SOCIAL SECURITY WILL GO BROKE IN NINE YEARS, NEW STUDY SAYS
In 2034, the U.S. Social Security system’s financial balance will tip and the program will begin paying out more money in retirement pensions than it collects from payroll taxes, according to a new report from the program’s board of trustees.
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TECH BRIEFS: AI EATING UP DATA FIRMS AND ENERGY
Without vast amounts of data, including human created content, IP and privileged personal and other data, the “magic” of generative AI and other artificial intelligence systems would be impossible.
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THEY HAVE NO IDEA: DUELING HEADLINES OVER AI JOB REPLACISM
We recently pointed out that one sign of the dangers of unbound “AI Arms Race” type development is that even top innovators and industry CEOs contradict each other regarding just about every aspect of the AI future.
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TRUMP TAKES AMERICA TO WAR
There is a somewhat troublesome backstory to President Donald Trump’s glorification of how Saturday’s U.S. forces attack on three Iranian nuclear sites that “completely obliterated” their targets was carried out without any declaration of war against a country that has not attacked and was not in any way threatening the United States.
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U.S. FDA ISSUES FIRST APPROVAL FOR ALZHEIMER’S BLOOD TEST
In what some are calling a “milestone moment” in medicine, the U.S. Food and Drug Administration (FDA) has, for the first time, approved a simple blood test to detect the early stages of Alzheimer’s Disease.
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HAVING A DISRUPTED BODY CLOCK INCREASES YOUR RISK OF EARLY DEATH
Circadian Syndrome (CircS), a serious health risk marked by sleep issues, depression, and metabolic dysfunction, significantly raises your risk of dying from chronic illnesses and early death