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From the frustration of not getting paid for fixing bikes as a teenager, to disrupting the financial system three times with E-Loan, Prosper, and Ripple, see how Chris Larsen is reshaping the payment world for ordinary people.

All efforts ultimately point toward one core goal: maximizing user experience value.

The PPI data may indicate that the CPI will also cool down, adding complexity to the debate over the extent of the Federal Reserve's rate cut in September...

The August CPI is about to be released, but Wall Street remains calm. This Thursday, the implied volatility in the stock market is lower than the average actual volatility on CPI release days over the past year and also lower than the expected volatility for the next non-farm payroll day.
- 17:24U.S. stocks turn lower, S&P 500 falls 0.2%ChainCatcher news, according to Golden Ten Data, U.S. stock market indices have turned lower, with the S&P 500 down 0.2%, the Dow Jones Industrial Average down 0.3%, and the Nasdaq Composite Index down 0.1%.
- 17:08Sony applies for U.S. national banking license, plans to launch crypto business through its subsidiary Connectia TrustJinse Finance reported that the banking division of Sony Group has officially submitted an application for a U.S. national banking license, planning to conduct "specific cryptocurrency-related business" through its subsidiary Connectia Trust. According to the application documents, this trust company will issue USD stablecoins, manage corresponding reserve assets, and provide digital asset custody and asset management services.
- 16:56U.S. stock indexes narrow gains, Dow Jones rises slightly by 0.1%According to ChainCatcher, citing Golden Ten Data, the gains in U.S. stock market indices have narrowed, with the Dow Jones Industrial Average edging up by 0.1%.