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ECB Governor Warns Trump’s Pro-Crypto Policies Could Trigger Global Financial Instability Francois Villeroy de Galhau, Governor of the Bank of France and a key member of the European Central Bank (ECB), has warned that the U.S.’s increasing embrace of cryptocurrencies could lead to global financial instability. In an interview with French weekly La Tribune Dimanche, Villeroy de Galhau criticized the Trump administration’s policies, claiming they are “sowing the seeds of future upheavals.” He noted that crises often begin in the U.S. and spread worldwide, warning that by encouraging non-bank finance and crypto assets, the U.S. is jeopardizing financial stability. Trump’s…

Rubberball Productions | Brand X Pictures | Getty ImagesIt’s of course very difficult to lose your spouse — and some survivors may also have to deal with the shock of higher taxes after their wife or husband dies.That’s because after a partner’s death, surviving spouses may face a “survivor’s penalty” due to the shift from married filing jointly to single filing status, potentially leading to higher taxes and increased Medicare premiums.More from Personal Finance:More Americans with college degrees are working multiple jobsAmericans lost $5.7 billion to investment fraud in 2024. How to protect yourselfYour pre-tax IRA is an ‘IOU to…

New York CNN  —  Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration — and when. Wall Street plunged last week after President Donald Trump said he was not ruling out a recession and that Americans should expect “a period of transition” across the economy. Since then, various administration officials have sought to reassure investors that there’s no need to panic. “Donald Trump is bringing growth to America. I would never bet on recession. No chance,” Commerce Secretary Howard Lutnick said on NBC’s “Meet the Press”…

Coinbase Global (NASDAQ: COIN) just made a move that could open up new capital inflows for both Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP), among other cryptocurrencies large and small. Importantly, the same action could also end up routing a large and growing number of developers into the crypto sector, which would have major knock-on effects in terms of creating new opportunities for investors. But will those benefits result in concrete gains in XRP and Bitcoin’s price? It’s very possible, so let’s evaluate what just happened and estimate the odds of there being a meaningful amount of upside for an investor…

By Nupur Anand NEW YORK (Reuters) – Financial technology firms and crypto companies are seeking to become state or national banks in a bid to expand their business under the Trump administration that they view as more industry-friendly, according to more than half a dozen industry executives. Firms that had been seeking to expand and gain credibility with customers see an opportunity under U.S. President Donald Trump to get licenses that regulators were previously slow or reluctant to approve. “We have seen a lot more interest. We are working on several applications now,” said Alexandra Steinberg Barrage, a partner at…

The average annual salary for a female professional soccer player globally is $10,900, says FIFA’s annual report on the women’s game, a figure skewed by a small number of top clubs. Among the teams FIFA designated as Tier 1, which includes 41 clubs from 16 countries, the average salary was around $24,030, although 16 of those top clubs paid an average gross salary of over $50,000, according to the “Setting the Pace, FIFA Benchmarking Report on Women’s Football” released on Monday. The highest of those salaries was approximately $120,000. The average gross salary, however, at Tier 2 and 3 clubs…

LAHORE: Former Paki­stan captain Inzamam-ul-Haq has expressed his concerns over the country’s constant decline cricket and attributed it to the mistakes at the administrative level. Speaking to reporters in Lahore, Inzamam said Pakistan had been undergoing a rapid decline since the last two years. “We are not working in the right direction and making the wrong calls in many areas,” he said. The former chief selector warned that the team would continue to spiral downwards if there is no planning and execution. He blamed frequent changes in the team’s management, coaches, and players for the chaotic situation. “I would think…

CNN  —  Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.” The common denominator is pure and utter uncertainty — particularly about just how President Donald Trump’s sweeping policy actions could shake out, economists say. However, when the topics of the economy, volatile markets, shaken confidence and sudden recession fears have been broached with Trump, he’s hammered on familiar notes: That the Biden…

By Suzanne McGee (Reuters) – Canary Capital Group, a digital assets investment firm, said on Monday that it is seeking the green light from regulators to launch an exchange-traded fund tied to the spot price of Sui, a cryptocurrency associated with Sui Network, a blockchain service provider. That brings Canary’s list of cryptocurrency filings with the Securities and Exchange Commission to six, and again extends the roster of new ETF filings on a growing array of coins seeking regulatory approval submitted since the election of President Donald Trump last November. Trump’s pledge to shake up the regulatory treatment of the…

MIRRA Andreeva of Russia poses with the championship trophy after winning the women’s final of the Indian Wells Open.—Reuters INDIAN WELLS: Russian teenager Mirra Andreeva came back to beat world number one Aryna Sabalenka 2-6, 6-4, 6-3 in the BNP Paribas Open on Sunday, making the 17-year-old the tournament’s youngest champion since Serena Williams in 1999. The 11th-ranked Andreeva improved to 19-3 this season — the most wins by a woman on tour — and collected her second Masters 1000 title of 2025. The other came at Dubai in February, which earned her a top-10 ranking for the first time.…