Economy

Amazon’s chief sustainability officer said Tuesday that the company still does not know how it will achieve its net-zero carbon emissions goal for 2040.

The Trump administration is reportedly considering a public-private campaign to expand dollar-backed stablecoins overseas, reinforcing the dollar’s reserve-currency status and creating demand for US debt.

Treasury data put the 10-year yield at 5.11% at Wednesday’s close, 15 basis points higher in a day.

Mark Uyeda, the former acting chair of the US Securities and Exchange Commission, said the agency dropped several cryptocurrency cases in early 2025 because continuing them could have damaged its credibility in court.

Bending Spoons, the Italian app company known for aggressive turnaround strategies, has acquired Airtable for $1.285 billion in cash, marking its latest high-profile purchase in the software industry.