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The bill, led by Senator Bill Hagerty of Tennessee, aims to create a regulatory framework for the stablecoin digital tokens whose prices are tied to the U.S. dollar.

Gold gained for a second day on increased tensions in the Middle East, with its haven status also supported by President Donald Trump’s comments that he will inform trading partners on tariff rates within two weeks.

Global stocks and the dollar slipped on Thursday as investors sized up a benign U.S. inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.

The dollar’s worst start to a year on record, Bristol Myers plans to develop new cancer drug, Apple’s WWDC is coming, and more news to start your day.

Senators Elizabeth Warren and Jeff Merkley asked for details on a multibillion-dollar transaction between the Trump family's crypto venture and a pool of investors that includes foreign nationals.

Global stocks and the dollar slipped on Thursday as investors sized up a benign U.S. inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.