Circle is contemplating an initial public offering in early 2024, Bloomberg reported. The stablecoin issuer initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out.

Cash-strapped British shoppers are expected to build up more debt by turning to buy-now-pay-later services this Christmas.

Former Cantor-Fitzgerald executives have launched a new crypto lending platform dubbed Tokenet in the hope of capitalizing on the influx of institutional interest following a possible spot Bitcoin ETF approval.

John Chidsey wasn't planning on coming out of retirement. But then Subway came calling. In an interview with Brooke DiPalma at the Yahoo Finance Invest conference, Chidsey explains what he said yes to running Subway and how he plans on tackling the challenges the business faces from the changing of consumer habits, global expansion, and inflation. Chidsey also gives additional insight to the sale of Subway to private equity firm Roark Capital. Chidsey explains that Subway is one of the few big restaurant chains that has a global footprint and how, given its healthier menu, the company can "play in a sweet spot globally." Responding to a question about potential changing of consumer spending due to economic headwinds, Chidsey "Definitely in the early times of economy softening for the first 4-8 quarters you get the trade down effect where if maybe if you're in fast casual or casual dining, people that are more stretched for their dollar, so to speak, do trade down so I think we all benefit from that to a certain extent. Now, if it's prolonged, you obviously can't continue to lap that forever, so it eventually shows up in your same-store sales numbers, but it's definitely a little bit of a tailwind initially." Click here to watch more from Yahoo Finance Invest.

Federal interest rates, inflation, the state of the economy, geopolitical issues. These have all been trending topics making headlines across the financial world recently. Yahoo Finance caught up with CEOs, executives, and top analysts to cover these topics and more. It's all a part of Yahoo Finance Invest. Catch up on all the highlights from the event here. IG North America CEO JJ Kinahan joined Yahoo Finance's Brian Sozzi and Seana Smith to kick off the event. Kinahan discussed the impact of higher interest rates and what it means for investors. He said, "If the Fed can keep this in an area where people can invest with conviction, longer term that's what's actually really good." Verizon (VZ) Chairman and CEO Hans Vestberg broke down the impact of rising interest rates on the economy. Vestberg explained, "We don't see it (an economic slowdown). And the reason is of course that not all that interest increase is going straight to consumers." Marriott International (MAR) CEO and President Anthony Capuano discussed the state of the hospitality industry amid an elevated interest rate environment. Capuano said, "Today the biggest impediment in the U.S. market and in Europe is the availability of debt for new construction." NYU Stern School of Business Professor Emeritus Nouriel Roubini provided his opinion on the economy and the chances of a recession in 2024. Roubini explained, "There are factors that could lead us to a short and shallow recession." Jeff Zucker, RedBird IMI CEO & Former CNN Worldwide President, discussed the current state of the media industry. Zucker said, "This is a difficult time in media. But the one thing that you know is that people are always going to want to watch great entertainment... so that is always going to be there, but the question is how?" Meredith Whitney, Founder & CEO of Meredith Whitney LLC, broke down the current economic headwinds the U.S. is facing, specifically as it relates to the housing industry. Whitney explained, "Americans are sitting on a tremendous amount of equity in their homes. It's a question of when they tap into it." AT&T (T) CEO John Stankey discussed the state of the U.S. economy, including geopolitical issues, inflation, and of course, higher interest rates. Stankey said, "It's fragile enough in the overall equation that one or two of those things break the wrong way, I think it could ultimately roll down to the consumer, roll down to jobs creation, and that wouldn't be good for anyone." DoubleLine Founder and CEO Jeffrey Gundlach does not believe the Fed will raise rates again, but he does believe the higher rates will could have a ripple effect on the economy. Gundlach explained, "The reason I'm worried about higher for longer ... the interest expense on the debt is exploding in a vertical fashion because all of those bonds that were issued back at 25-50 basis points interest rates... they're all rolling off. And they're rolling off with great speed." Video highlights: 00:00:06 - IG North America CEO JJ Kinahan 00:00:26 - Verizon (VZ) Chairman and CEO Hans Vestberg 00:00:36 - Marriott International (MAR) CEO and President Anthony Capuano 00:00:53 - NYU Stern School of Business Professor Emeritus Nouriel Roubini 00:01:06 - Jeff Zucker, RedBird IMI CEO & Former CNN Worldwide President 00:01:32 - Meredith Whitney, Founder & CEO of Meredith Whitney LLC 00:01:43 - AT&T (T) CEO John Stankey 00:02:20 - DoubleLine Founder and CEO Jeffrey Gundlach

Bitcoin mining heavyweights Marathon Digital and Riot Platforms are two of the most overvalued mining stocks right now, says MinerMetrics founder and analyst Jaran Mellerud.

Kakao-backed blockchain network Klaytn plans to explore tokenization practices with a shipping unit of Korindo, an Indonesian conglomerate.

The move suggests that OpenSea's valuation is at or below $1.4 billion, a far cry from its $13.3 billion valuation in early 2022. 

Wintermute founder and CEO Evgeny Gaevoy has claimed the Near Foundation and Aurora backpedaled on an $11 million USN stablecoin redemption deal for FTX creditors.

The personal robots of the future depicted in science fiction could happen a lot sooner in this lifetime than most people think. At Yahoo Finance's Invest summit, Allie Garfinkle interviews Boston Dynamics CEO Robert Playter about the firm's premier robotics projects, "Spot" and "Stretch." Spot is a four-legged mobile robot that can autonomously navigate warehouses, taking thermal and acoustic measurements while reading gauges to ensure safe factory operation. Playter brought an actual Spot robot on stage to demonstrate its mobility and camera vision system that allows it to move confidently without human guidance. Stretch is Boston Dynamics' robot designed for repetitive lifting tasks like unloading shipping containers. By automating these strenuous jobs, Stretch enables warehouses to reassign human workers to more complex tasks. While starting with shipping containers, Stretch's box-moving capabilities make it flexible for various warehouse needs. Playter emphasized the scalability and use-case value of Boston Dynamics' robots. With large upfront costs of around $100 million, three key factors must align for success: 1) effectively fulfilling the intended purpose, 2) attractiveness to buyers, and 3) providing return on investment with long-term scalability. Playter believes Boston Dynamics' advanced robots offer this sort of scalable automation solution for warehouses. "AI is the brain, the robot is the body, and together I think we're going to build an entirely new industry that's going to change business. It's gonna change the way we live," Playter tells Yahoo Finance. Click here to watch more from Yahoo Finance Invest.

Four-time Grand Slam Tennis Champion Naomi Osaka is adding a topspin to her career, serving up big moves from the tennis court and the boardroom. The tennis star launched her own skincare brand KINLÒ in 2021, going on to co-found her own production company, Hana Kuma, and female athletic-centric talent agency, EVOLVE, alongside Stuart Duguid over the past year. Osaka and Duguid join Yahoo Finance's Alexandra Canal to discuss the balance more professional athletes are seeking to lead in their sport while developing and fostering their own businesses. "I've always tried to come from a place... of my culture, like being half-Japanese and being half-Haitian and growing up in America," Osaka says on using her perspective for brand guidance. "Hana Kuma, on that sense, kind of sees things from my lens." While Osaka seeks to capitalize on her own interests, coming from a more "organic place", Duguid comments on the difficulties even high-profile athletes can face in branching out from partnership deals. "If you are going to spend a year, two years, giving yourself to a brand and helping it grow, you want to participate in some of the upside that's not just cash — we've seen a real change in the guard," Duguid says, adding: "The top tier of athletes are really getting presented with great opportunities and really able to grow their brands. But beneath that, it is hard to break through — a lot of these tend to be with start-ups or younger companies, which can be hit or miss obviously by nature of what they are." Osaka also comments on the importance of professional sports prioritizing athletes' mental health. Click here to watch more from Yahoo Finance Invest.

SkyBridge Capital Founder Anthony Scaramucci acknowledges former FTX CEO Sam Bankman-Fried’s recent fraud conviction while sitting down with Yahoo Finance's Anjalee Khemlani at the Yahoo Finance Invest conference. The former White House Communications Director commented on his business relationship with SBF, saying outright the disgraced FTX co-founder "did something very malevolent” in his series of fraud that was enabled and encouraged by "groupthink." FTX still owns a 30% stake in SkyBridge Capital. Scaramucci advises investors to do their due diligence when researching private companies, later commenting investors would be "very foolish not to own crypto" despite all the scandals and investigations into fraudulent behavior. Click here to watch more from Yahoo Finance Invest.

Dubai's VARA demands crypto businesses get licensed by Nov 17, 2023, or face severe consequences in the virtual asset market.

"There is absolutely no truth" to the idea we're actively pursuing a bid for CNN. This is the unequivocal response from Jeff Zucker, former President of CNN Worldwide and now CEO of RedBird IMI when asked about speculation he was looking to purchase the business. Speaking with Yahoo Finance's Seana Smith he made the simple point: "it's not for sale". Zucker did however acknowledge that CNN is a "great asset" that they would consider if it officially went on the market in the future.  Zucker also discussed CNN's transition into streaming with the new CNN Max service. He noted that balancing streaming versus cable will be difficult, saying "you have to meet the consumer where they are." While CNN currently relies heavily on cable revenue, he pointed out that prioritizing streaming over cable may hurt profitability in the short-term, but is a necessary sacrifice media companies have to make to adapt to changing viewing habits among consumers. Click here to watch more from Yahoo Finance Invest. 

IBM announced the launch of its $500 million Enterprise AI Venture Fund, with the aim of developing new and existing businesses and platforms working on generative AI solutions for enterprise.

The firm previously created a DeFi ecosystem and wallet known as Coin98.

9 tips for a food business considering blockchain for its supply chain

Custodia Bank announced that it has officially launched its Bitcoin custody platform to customers in select U.S. states.

Within the context of business and investments, the primary goal is attaining profitability, which has the utmost significance. It functions as the …

Scott Sperling, co-CEO of private equity firm THL Partners, sat down with Yahoo Finance's Seana Smith and discussed how regulations and antitrust action around the merger process at Yahoo Finance Invest. Sperling says the Biden administration has made the review process "tougher all around" for dealmaking all around, highlighting the recent court case tied to the Microsoft (MSFT) and ActivisionBlizzard deal. He acknowledges the difficult balance between fighting antitrust regulations in court, which can be costly and time-consuming, versus agreeing to concessions demanded by regulators, which can affect businesses' costs and long-term sustainability. Click here to watch more from Yahoo Finance Invest.

Verizon (VZ) Chairman and CEO Hans Vestberg joins Yahoo Finance Executive Editor Brian Sozzi at the Yahoo Finance Invest conference to highlight the major challenge leaders are facing: uncertainty. He notes in the past five years, companies navigated through challenges such as the COVID-19 pandemic, economic downturns, and ongoing geopolitical conflicts all impacting businesses, particularly those reliant on Direct-to-Consumer models. Vestberg discusses adapting to changes in consumer behavior itself, noting Verizon's prepaid business segment has struggled and faces disruptions from most customers' preference for postpaid plans. Additionally, he says the overall U.S. consumer market "is shrinking" as people curb spending. Offers that previously worked, like new phones for all, are less effective lately, Vestberg says. With consumers growing more cautious, he explains that "you need to see that you have the right offering for every customer in every consumer segment." Despite high inflation, the Verizon chief executive says consumers in the U.S. have not yet felt the full effects on their finances, similar to Verizon's own financials. He attributes this partially to Verizon's business model and strategy. While elevated interest rates are putting pressure on many companies and households, Vestberg states that Verizon's network infrastructure is built to consistently generate revenue, "but it's not because of economy, it's more about the nature of how we have built the network." Furthermore, Vestberg stresses to Yahoo Finance that strong leadership is most vital to business success. He grades his own mood daily on a 1-10 scale to stay in an optimal range for leading since 2009. He confesses that his "sweet spot" is 3-8, enabling him to positively guide employees and stakeholders. Vestberg says his 2024 leadership goal is getting his team in "harmony" to propel Verizon forward. He aims to foster an environment where talent thrives by utilizing company assets optimally. Click here to watch more from Yahoo Finance Invest.

The ongoing war between Israel and Hamas continues to have ripple effects across the globe. Marriott International (MAR) CEO and President, Anthony Capuano, sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss how the hospitality business has been impacted in that region and what he is telling world leaders when the topic is addressed. "We look at the tragedy there through two lenses," Capuano explained, "We look at it from a human toll, which is extraordinary, we continue — I'm sure like your audience — to pray for a peaceful resolution. From a clinical business perspective, today, it's relatively modest impact on our business, but we do worry about the potential ripple effects across broader markets in the region." Click here to watch more from Yahoo Finance Invest.

Pimlico aims to make Ethereum easier to use by leveraging smart accounts through the ERC-4337 token standard. 

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. If you're a business owner, you've likely heard

The 2024 presidential election is only one year away. The U.S. economy has seen a multitude of headwinds, with much speculation of a potential recession. NYU Stern School of Business Professor Emeritus Nouriel Roubini joins Yahoo Finance Senior Columnist Rick Newman to discuss the possibilities of what the economy will look like as election season starts to heat up. Roubini warns: "Even a short and shallow recession will be very damaging for Biden, because a recession during an election year, of course, his popularity will further decline." Click here to watch more from Yahoo Finance Invest.

The former president’s net worth has climbed to $3.1 billion since 2021, according to the Bloomberg Billionaires Index.

Uber Technologies Inc. gave a mixed picture of its business, showing a second consecutive profitable quarter and an increase in demand for rides and delivery but also slowing revenue growth.

Self-driving car companies could face criminal action in the UK if their vehicles fail to meet safety standards in the most serious cases.

Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is seeking to raise as much as 200 billion rupees ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg.

Tesla Inc. is coming under increased pressure in Sweden after a union for transport workers said it planned to extend its blockade of the automaker’s shipments to every Swedish port, starting Nov. 17.

As consumer resiliency has continued, Marriott International CEO & President Anthony Capuano sits down with Yahoo Finance Executive Editor Brian Sozzi at Yahoo Finance Invest to discuss the state of the hospitality industry. “What’s encouraging to me, we’re seeing strength across all three segments,” Capuano notes, as the company has seen revenue growth in leisure, forward bookings in the group segment, and business transient in the United States. “We’re seeing consistent strength across the segments.” “Folks have concluded how much they love travel, and when that was temporarily taken away from them... it was a reminder of that deep passion to explore the world and now that borders are opening, they want to make sure they take full advantage of those opportunities,” Capuano adds. Click here to watch more from Yahoo Finance Invest.

The Nil Foundation is developing “zkSharding,” a ZK-Rollup with sharding technology for Ethereum.

Animoca Brands Japan has announced a strategic partnership with Cool Cats for a web3 expansion into the Japanese anime market.

Anastrozole, a daily pill to prevent breast cancer, will now be available to thousands of more women in the UK after being cleared for wider use.

German startup Aleph Alpha announced on Monday that it has raised $500 million in a Series B funding round.

Artificial intelligence (AI) is here to stay. Businesses ready to ride on the tech's wings stand to reap enormous profits

Dubai's Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. VARA, the

Evmos' shift aims to reduce technical challenges and enhance development efficiency by dropping the need to maintain two transaction formats.

StablR today announced a €3.3 million ($3.5 million) seed round to build out its euro-based stablecoin business.

Due is building an international payment platform through blockchain protocols and plans to launch this month, the company said.

The company said the approach will allow them to better understand “potential risks and build the right safeguards” for generative AI in ads on politically sensitive topics.

European crypto tax platform Blockpit has acquired Accointing from Glassnode in a "multi-million-dollar" deal ahead of new EU crypto tax laws.

The Simpsons made NFTs the punchline of the Halloween special but degens managed to capitalize on the hype. The social lead for Yuga Labs stepped down after anti-semitic tweets surfaced on social media, meanwhile the NFT market finally hinted at a reversal.

Ava Labs boss Emin Gün Sirer has confirmed the firm cut 12% of its staff in a bid to better reallocate its resources to grow the Avalanche ecosystem.

The Korean mobile giant said that it plans to further develop its newly launched T wallet through the collaboration.

Kraken, the crypto exchange operator, is reportedly seeking a partner to help with the creation of a new Layer 2 blockchain.

An amendment offered in the Financial Services and General Government bill, made by Rep. Tim Burchett, proposes to cut SEC Chair Gary Genslers’ salary to just $1 as part of a wider funding cut to government agencies.

The staff cuts allow the Avalanche blockchain developer to "reallocate resources to double down on growth," its founder Emin Gün Sirer said.

Moody’s Analytics’ new Digital Assets Monitor will present a variety of data on leading stablecoins and use AI to predict depeggings.