MongoDB and Snowflake Lead Tech Rally as Wall Street Slips
Headed into the Labor Day weekend, the CE 100 Index managed to post a 0.5% gain, in contrast…
OpenAI Says New Model Designed for Customer Support
OpenAI has released what it calls its “most advanced speech-to-speech model yet.” Dubbed gpt-realtime, the model is better…
EU Proposes Removing Tariffs to Reduce US Duties on Cars
The European Commission has proposed reducing some of its tariffs on U.S. goods to gain relief from U.S. tariffs…
Arrive AI Wants to Pay Workers and Vendors in Bitcoin
Delivery company Arrive AI will begin paying vendors, clients and employees in cryptocurrency. The firm’s new Bitcoin payment…
Main Street Shrugs at Tariffs, Banks on Growth
It seems like a massive disconnect. But for the payments industry, it’s an opportunity. One the one hand,…
Bessent Banking on Crypto Sector to Buy US Treasuries
The U.S. Treasury secretary is reportedly counting on the cryptocurrency sector to become a key purchaser of Treasuries. …
EU Exports to US Dropped 10% in June Amid Tariffs
Exports from the European Union’s 27 member states to the United States reportedly dropped 10% year over year…
Wall Street and FinTechs Converge
Once the preserve of crypto traders seeking a dollar proxy, stablecoins are now poised to become the next…
Citigroup Considers Offering Crypto-Related Custody Services
The bank is exploring providing stablecoin-powered payments as well as custody services for the assets that back stablecoins…
Chili’s to Upgrade Servers’ Tablets Amid Business Turnaround
Casual dining restaurant owner Brinker International said Wednesday (Aug. 13) that advertising brought more diners into its Chili’s…
Wage Growth Stalls for Low-Income Workers After Boom
After years of rapid wage growth for low-income workers in the United States, a slowdown has set in,…
FinTech IntraFi Raises $2 Billion With Help From Wall Street Banks
FinTech IntraFi has reportedly raised upward of $2 billion in the leveraged loan market. That’s according to a…