Wyoming launches the first state-issued stablecoin: CNBC Crypto World

Wyoming launches the first state-issued stablecoin: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin and altcoins slump as tech stocks pull back. Plus, Wyoming launches the Frontier Stable Token, the first state-backed stablecoin. And, Rep. Brian Steil (R-Wisconsin) discusses the next crypto legislative priorities for Congress. <

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Lutnick predicts ‘better’ job number accuracy after Trump fired BLS chief

Lutnick predicts ‘better’ job number accuracy after Trump fired BLS chief

U.S. Secretary of Commerce Howard Lutnick attends an interview, outside the White House, in Washington, D.C., U.S., June 11, 2025. Kent Nishimura | Reuters Commerce Secretary Howard Lutnick predicted the Bureau of Labor Statistics’ incoming Friday jobs report will be more accurate as a result of President Donald Trump firing the agency’s chief in August….

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Artificial intelligence is exciting play into earnings: Wells Fargo

Artificial intelligence is exciting play into earnings: Wells Fargo

Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not really excited about anything,” Kwon, the firm’s chief equity strategist, told CNBC’s ” Fast Money ” on Monday. He expects demand for AI to be the chief reason why results will exceed Wall Street estimates. He contends…

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