Wall Street Signals Stablecoin Fightback as Crypto Bills Advance
On earnings calls, JPMorgan 's Jamie Dimon, Bank of America 's Brian Moynihan and Citigroup 's Jane Fraser each described the upstart 'digital dollar' as a potential threat to the banking industry's grip on payments — and signaled they're preparing to respond.
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Gizmodo
a few seconds ago
- Gizmodo
Amazon Clears Out This Anker 60,000mAh Power Bank for Nearly Free, Even Cheaper Than Prime Day
The Summer has a few weeks left, which means that there's still plenty of time to get outdoors and make the most of the nicer weather. That means you can go camping, or just enjoy a day trip to the beach, because for some of us, the weather's not going to last past September. If you want to do that while still enjoying some modern conveniences, then it's a good idea to get a portable power station to keep things charged up. Right now, you can get your hands on an amazing portable power bank from Anker with 41% off. That means that instead of the usual price of $150, it's down to just $88 while this discount lasts. We're not expecting this deal to last for very long though. See at Amazon A power station is a great way to keep a little bit of modern life in your return to the outdoors. For camping trips, that might mean electric lights and cooking, and for beach days, that could be just keeping your phone or Bluetooth speaker topped up. No matter what you're using it for, these can basically function as a few outlets outdoors, which can be amazing. The Anker Power Bank Power Station has a huge capacity of 60,000mAh, which means that you can comfortably charge your phones, tablets, laptops, and more with no issues at all. It has an 87W output too, which means that you can fast-charge many devices, making things a bit more efficient. There's also a smart digital display to help you keep an eye on how much power you have left, which is always useful, and it even has a retractable light which can help out a lot if things go later than you were expecting them too. If you're someone who happens to have a solar panel lying around, you can even use that to charge this power bank too. That means it can go even longer while outdoors, and helps it function as a solid backup option at home, just in case things go wrong with the mains. Sometimes it's just nice to know you've got something in reserve for if things go wrong. It's easy to understand why a lot of people would be happy to pay $150 for this amazing power station, so if the chance to save 41% on that is one that's not worth missing out on. Just be quick, because limited-time deals on Amazon don't stick around for long. See at Amazon
Entrepreneur
a few seconds ago
- Entrepreneur
Female Uber Riders Can Soon Request Female Drivers
Uber announces the launch of a new feature in some U.S. cities that will pair women drivers and riders. Uber is set to launch a new feature that will allow women riders and drivers to request trips that avoid being paired with men. According to CNBC, the rollout will begin in Los Angeles, San Francisco, and Detroit starting next month. "It's about giving women more choice, more control, and more comfort when they ride and drive," Camiel Irving, Uber's vice president of U.S. and Canada operations, said in a statement on Uber's site. "After hearing from women riders and drivers around the world, it was clear: Many want the option to match with other women. That's why we're proud to pilot Women Preferences in the U.S. for the first time ... It's about giving women more choice, more control, and more comfort when they ride and drive." Related: Uber CEO: Autonomous Vehicles Will Take Over Drivers Soon Here's how it will work for riders: Female riders can utilize an in-app option called Women Drivers, and can toggle back to all drivers if there are no women in the area. They can all set a preference for women drivers, which won't guarantee a female driver but will increase their chances of being matched. For pre-booked trips, women riders will be able to reserve a ride with a woman driver. Here's how it will work for drivers: Female drivers only have to toggle on the "Women Rider Preference" under settings in the Uber Driver app. Safety is a big concern for Uber and other rideshare app users, so it seems as though this will be a welcome function. However, the company made clear that being paired with a woman isn't guaranteed. Related: Uber's CEO Says Drivers Have About 10 Years Left Before They Will Be Replaced In 2019, Uber released a similar preference choice for Uber users and drivers in Saudi Arabia. In a statement, the Uber Team explained, "The launch of this unique feature comes on the back of Uber's Masaruky initiative that aims to increase women's participation in the workforce through access to affordable transportation, in addition to increasing women's access to flexible, part-time economic opportunities through the use of Uber technology." The program was a success and quickly expanded to 40 other countries. Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.
Forbes
2 minutes ago
- Forbes
Why American Cars May Not Sell Well In Japan Despite Trade Deal
The Jeep is the biggest selling American-made car in Japan. (Photo By)"n President Trump is chuffed about his recent trade deal with Japan calling it the greatest in U.S. history. "I just signed the largest trade deal in history, I think maybe the largest deal in history with Japan," Trump boasted at the White House on Tuesday evening. Japan also agreed to invest $550bn in the U.S. economy although no details were forthcoming as to which industries or sectors would benefit. Trump shakes hands with Japan's PM Shigeru Ishiba. (Photo by Jim WATSON / AFP) (Photo by JIM ... More WATSON/AFP via Getty Images) Meanwhile Japan's Prime Minister Shigeru Ishiba welcomed the announcement of the 15% reciprocal tariffs—down from 25%, stressing that it was "the lowest figure to date among countries with trade surpluses with the US'. Japan's stock market soared at news of 15% trade deal News of the deal was well-received by the Japanese stock market which saw shares soar with Mazda rising 17%, Toyota swelling by 15%, Mitsubishi up 13%, Honda increasing 11% and Nissan jumping 8%. Mazda, a carmaker who builds the majority of its vehicles in Japan, was particularly concerned about the proposed 25% tariffs. A quarter of Japan's US exports are from its critical automotive sector, which accounts for almost 3% of its economy. And it's with the auto sector that Trump really seems to have no idea what's really happening. The truth is two-fold. Firstly, before Trump started threatening Japan with tariffs, American cars entering the Japanese market, including Jeep, Cadillac and Corvette, were charged a zero tariff. Zilch! Japan has not charged tariffs or imports duties on imported cars from the U.S., or Europe for that matter, since the late 1970s. In contrast, America had imposed a 2.5% tariff on Japanese imports. Corvette sells in small numbers in Japan. (Photo By) But that's only part of the issue. Trump has continually complained that Japan does not take American cars. He has repeatedly said that the Asian nation is not open to U.S. vehicles. After this major trade deal announcement with Japan, Trump is bloating that the country will now open up to U.S. cars, trucks, rice and other agricultural products. Hey, buddy, that is not the reality. Japan is, and always has been open and ready to take all the American cars you wish to export. The bottom line is—apart from Jeep, which is the biggest selling American car in Japan, and a smattering of Cadillac and Corvette models, Japanese motorists, for the most part, don't want to buy American cars. Not even Tesla EVs, which do sell in Japan, but are imported from China, so not really seen as American. The fact is that old impressions die hard. From the 1970s through to the early 21st century, a mixture of U.S. cars were offered in Japan—including Ford, GM, Pontiac and Buick, in addition to Chrysler. But even though some brands delivered more stylish designs or more powerful engines than their Japanese counterparts, most American cars were considered too big for Japanese roads and carparks, and not as fuel-efficient or as reliable as Japanese cars, which were, on average, a little cheaper. Other critical factors that led to several brands exiting Japan, like Ford in 2016, were insufficient product lineups, and a poor dealer network. So, with all that in mind Mr Trump, to be honest, it does not matter how many American cars you force on the Japanese market, I cannot see how U.S. brands will sell here, no matter what Trump says. Japanese don't want them. It's like trying to force-feed sushi with wasabi to blue collar American families in the Rust Belt—it is a really tough sell.
