UK’s CMA Clears Global Payments’ Acquisition of Worldpay
“The CMA has cleared the anticipated acquisition by Global Payments Inc. of Worldpay Holdco LLC,” the regulator said…
Tariff Price Hikes ‘Smaller Than Anticipated’
Philadelphia Fed President and CEO Anna Paulson said Monday (Oct. 13) that tariff-induced price increases have been “somewhat…
Ethena Stablecoin’s Dollar Peg Slips Briefly Amid Crypto Upheaval
The third-largest stablecoin reportedly lost its dollar peg briefly amid a wider market downturn. USDe, a “synthetic dollar”…
Car Industry Feels ‘Distress’ as Suppliers Face Tariffs
The White House has argued its tariffs were designed to help the American car industry. But as the…
FurtherAI Raises $25 Million for AI Workspace
FurtherAI raised $25 million in a Series A funding round to expand the capabilities and the adoption of…
Federal Reserve Nears End of Quantitative Tightening Process
The Federal Reserve reportedly may be getting close to ending the reduction of assets on its balance sheet,…
AI-Related Goods Drove 43% of Global Trade Growth in First Half
Artificial intelligence-related goods accounted for nearly half of the overall growth in world merchandise trade in the first…
EU Tech Firms Look to US for AI Funding
European tech founders are turning to the U.S. to find funding for artificial intelligence (AI) projects. That’s according…
Bank of England Head Has Change of Heart on Stablecoins
The Bank of England’s governor appears to have relaxed his position on stablecoins. Writing in the Financial Times…
Einride Raises $100 Million for Road Freight Technology Solutions
Einride raised about $100 million in funding to accelerate the development and deployment of its road freight technology…
Microsoft CEO Hands Off Some Duties to Be ‘Laser Focused’ on AI
Microsoft Chairman and CEO Satya Nadella is handing off some duties related to the company’s commercial business so…
EU Central Bank Seeks Ban on ‘Multi-Issuance’ Stablecoins
The European Central Bank reportedly wants to ban stablecoins jointly issued in Europe and other jurisdictions. That’s according…