Fed’s Miran says stablecoin surge could help push interest rates lower

Key Points

Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.
“Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York.

Source

Finance

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

December 23, 2025

Check out the companies making headlines in midday trading. ServiceNow — Shares of the software company fell nearly 3% after it said it would acquire cybersecurity startup Armis for $7.75 billion . The deal, which should close next year, will bolster ServiceNow’s cybersecurity offerings. Mining stocks — With prices of gold, silver and copper at […]

Finance

Here’s how AI could influence the Fed’s economic outlook

December 23, 2025

Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]

Citadel to return billion in profit to investors, source says

Finance

Citadel to return $5 billion in profit to investors, source says

December 23, 2025

Key Points The firm’s flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said, who asked not to be named discussing performance details. The profit being returned is not all that was generated in 2025, the person said, but rather, a way of constraining capital amid what the fund […]