Banks and big financial firms keep trying to recreate blockchain from scratch, but that's like reinventing the wheel while ignoring the road already built. They can copy the code, hire consultants, and roll out permissioned systems behind closed doors. Yet no matter how polished their corporate bloc
Banks and crypto firms just teamed up to launch a fresh kind of dollar coin called fUSD. Unlike most stablecoins that sit idle without growing, this one gives big institutions a small cut—around 3% per year—if they play by specific rules. The coin is built on existing tech used by trading desks and
Banks today look nothing like they did even five years ago. What used to be slow, paperwork-heavy processes are now running on smart software. AI isn’t just helping banks—it’s doing much of the work itself. These "agentic" AI systems don’t just follow instructions; they make decisions on the spot, w
Pittsburgh just opened a nearly $12 million lab packed with gear that could push science in the region forward. Called the Western Pennsylvania Quantum Information Core, or WP-QIC for short, this place sits in Pitt’s old engineering building and gives researchers tools to study quantum materials und
Food isn’t always what it seems. In crime labs worldwide, scientists regularly examine foods for hidden drugs after crimes or seizures. But testing isn’t straightforward—chocolate, drinks, or even gummy candies behave differently when mixed with substances like cannabis, painkillers, or sedatives. E
Pittsburgh’s Hazelwood Green area just got a fresh sports venue that will keep kids active for years. A big ribbon‑cutting ceremony brought together NFL boss Roger Goodell, Steelers president Art Rooney II, coach Mike McCarthy and future draft picks. They played on the field with local youth and Spe
Bank of New York Mellon, trading under the ticker BK, has pushed past every previous peak in its share price. The stock jumped more than 68 % over the last year and recently hit an all‑time high of $130. 59 on April 14. Analysts from Barchart give the stock a full 100 % “Buy” rating, and its Trend S
Bank of America is about to release its first-quarter earnings, and the numbers look strong. Analysts predict revenue will hit nearly $29. 8 billion, a jump from last year's $27. 5 billion. This follows a pattern—Bank of America has beaten revenue estimates in eight of the last ten quarters. Earning
Banks are stepping away from some commodity payments because of worries about hidden ties to Iran. The result is a surge in the use of stablecoins, especially Tether’s USDT, by traders who need quick and reliable ways to move money. The global trade finance market is worth about $2 trillion, b
Pittsburgh high schoolers in carpentry programs got a rare chance to see how their skills connect to big-time events. About 140 students from seven local schools visited the North Shore construction site where workers were building the stage for the NFL Draft. The tour gave them a close-up view of t
