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…
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…
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…
BoE Denies Conflict With Govt Over Revolut Banking License
Bank of England Gov. Andrew Bailey reportedly denied a media report that the central bank and the U.K. government had…
BBVA Begins Acting as Independent Custodian for Binance Clients
Spanish bank BBVA is reportedly acting as an independent custodian for clients of cryptocurrency exchange Binance, helping those…
Lyric Raises $43 Million for AI-Powered Supply Chain Platform
The company’s Series B round, announced Tuesday (Aug. 5), will allow it to bolster development of its algorithm…
OpenAI Adds 200 Million Weekly Users in 4 Months
Artificial intelligence startup OpenAI says it is on the verge of a new user-base milestone. “This week, ChatGPT is on…