Astronaut Jeremy Hansen to advise Ottawa on space strategy

Defence Minister says Canada needs independent access to critical space assets as military reliance on satellites grows

A lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’s interpretation went against Congress’ intent. In a Wednesday notice, the American Bankers Association (ABA) said that while the OCC’s final rules implementing the GENIUS Act included “several positive steps,” the banking group remained critical of provisions related to stablecoin yield. The regulator dropped a provision that would have established a presumption that certain third-party arrangements violated the law’s ban on yield payments. “The final rule removes the OCC’s originally proposed safeguards that would have addressed indirect arrangements involving affiliates, exchanges and other distribution partners,” said ABA. “As a result, payment stablecoin issuers can provide economically equivalent yield while technically avoiding the statutory prohibition.

Wall Street is all abuzz over a possible merger between Tesla and SpaceX. But there is a high probability that such a merger would be a bad idea.

Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.

Investors have pushed the healthcare sector to a record high, and some favored stocks have high projected revenue growth rates through 2028.

The president’s statement comes as a voter backlash against the facilities intensifies ahead of the midterm elections.