Banks like JPMorgan, Citigroup, Wells Fargo, and Bank of America are teaming up to create their own digital money system. This network will start next year through their payment company called Clearing House. It's their way of competing with cryptocurrencies and stablecoins, which have grown a lot i
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
Virginia Beach’s school board is rethinking how young students use computers in class. A new plan would stop pre-K through first graders from using school laptops during lessons next year. Second graders couldn’t take their devices home except in special cases, though they’d still use them at school
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
Virginia is becoming the world’s hub for data centers, with a concentration so dense that it consumes enough electricity to light almost 900, 000 homes. These facilities promise hefty tax income for counties and a boost to the local workforce, yet they also raise serious questions about energy use a
Virginia recently took another step forward in improving care for mothers and infants with a set of new laws signed in April. These laws expand on last year’s "Momnibus" package, which was the first major effort to tackle long-standing issues in maternal and infant health across the state. While the
Virginia Beach just got a new spot that’s all about helping small businesses and artists shine. A pair of business owners, who know the struggle of finding the right workspace, decided to fix that problem themselves. They opened a place called The Void, a blank canvas-style studio where creatives ca
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
Virginia is caught in a legal tug-of-war over who controls the state’s political map. Last week, voters approved a new congressional district plan drawn by Democrats, which could flip four GOP-held House seats in November. But a county judge quickly blocked the results, calling the referendum illega
Virginia lawmakers face tough choices as they look for ways to balance the state budget. One proposal under review would limit Medicaid dental coverage for adults—a move that might seem like quick savings but could actually cost more in the long run. Research shows that when states cut dental benefi
