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Donald Trump · United StatesThe largest American automaker is feeling the sting of tariffs.On Tuesday, General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago.The company attributes the fall in part to tariffs and says the worst impacts may still be ahead.President Donald Trump's 25% tariffs on foreign-made vehicles and some car parts are still in effect, and wider country-specific tariffs are set to begin on August 1st.So f…See the Story
Tariff Costs Are Starting to Bite US Automakers and Their Customers
69% Center coverage: 13 sources
Business · United StatesPolymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans.Polymarket’s motivation to create its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle…See the Story
Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source
42% Center coverage: 12 sources
