Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress head to the White House.

As value grows in private markets, fund managers, brokerage houses, and savvy start-ups are building products that aim to expand access to them.

Wall Street is drifting toward the finish of its third winning week in the last four. The S&P 500 slipped 0.1% Friday after setting its all-time high the day before.

NEW YORK — Wall Street closed its third winning week in the last four with a quiet finish on Friday. The S&P 500 edged down by a whisper, less than 0.1%, after setting its all-time high the day before . The Dow Jones Industrial Average fell 142 points, or 0.3%, and the Nasdaq composite edged up by less than 0.1% to add its own record.

Investors have spent much of this year dumping the dollar, but strategists at Citigroup are now calling a temporary time-out on that greenback hating. Having been bearish on the dollar DXY -0.27% , a Citi team led by Dirk Willer made a tactical argument for switching to neutral in the short-term, in note to clients released Thursday.

Netflix stock slid on Friday, despite a better-than-expected quarterly earnings report. Sometimes, good isn’t good enough for investors.Shares in the Stranger Things streamer dropped 5.1% to $1,209.24.

Zohran Mamdani is the 33-year-old state lawmaker running for New York mayor who recently swept the city's Democratic primary. The self-declared "democratic socialist" came from behind by campaigning hard on affordability – or lack thereof – in America's most expensive city.

As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.