GENIUS Act Ushers in New U.S. Crypto Era

Published on July 24, 2025

Passed by Congress and then signed into law by the president, the GENIUS Act builds legal and some regulatory frameworks around stablecoins.

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Initial Unemployment Claims Down for Fifth Straight Week

July 24, 2025
In the week ending July 19th, initial jobless claims were at a seasonally adjusted level of 217,000, the lowest level in over three months. This represents a decrease of 4,000 from the previous week's figure and marks the fifth straight weekly decline. The latest reading was lower than the 227,000 forecast.

Chicago Fed National Activity Index: Economic Growth Increased in June

July 24, 2025
The Chicago Fed National Activity Index (CFNAI) rose to -0.10 in June from -0.16 in May. Two of the four broad categories of indicators used to construct the index increased from May, and all four categories made negative contributions in June.