Why millions of Americans would lose health insurance under House GOP megabill

Key Points

Federal funding cuts in the House of Representatives’ One Big Beautiful Bill Act may prompt millions of Americans to lose insurance under Medicaid and the Affordable Care Act.
With the Senate now poised to consider the legislation, here’s who experts say could be most vulnerable to getting dropped from health care coverage.

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Finance

Too early to bet against AI trade, State Street suggests

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

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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

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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more

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Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]