“When a borrower’s income is derived from employment that is not legally authorized, the source of repayment may be less reliable and may present increased credit risk,” the OCC, FDIC, and NCUA said in the joint statement. No new lending rules were imposed. The guidance does not impose new requirements or outright prohibit banks and […]
Apple’s lawsuit against OpenAI announced Friday (July 10) includes allegations that highlight the importance of protecting corporate data when employees leave, TechCrunch reported Monday (July 13). The lawsuit includes allegations that a former employee who went to work for OpenAI exploited an authentication bug to access the company’s network after leaving Apple. It does not describe the nature of […]
The financial services industry is moving beyond the traditional categories of brokers, banks, and fintech companies. According to Valentin Shatalov, Head of Corporate Affairs at Freedom24, the next stage of competition will be built around integrated platforms that combine multiple financial services while keeping trust and local expertise at their core. Speaking with Adonis Adoni, […]
NinjaTrader, a mainstay platform provider, has severed ties with Alpha Futures, a UK-based retail futures prop trading firm. In a statement on X, Alpha indicated that three months of negotiations had ended in failure. The point of contention appears to have been Alpha Futures’ launch of its own trading platform, AlphaTrader. This created a classic […]
A Japanese 10,000-yen banknote arranged in Kyoto, Japan, on Thursday, Nov. 2, 2023. Bloomberg | Bloomberg | Getty Images Japanese government bond yields have been hitting multi-decade highs, with benchmark 10-year reaching levels not seen since 1996 last week. While Japanese bonds have been selling off amid policy normalization by the Bank of Japan and […]
Explore the exciting world of Serve Robotics (SERV 2.03%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of May 20, 2026. The video was published on Jul. 13, 2026. Anand Chokkavelu […]
Close to half of respondents (46%, up three points from last quarter) say they are $200 or less away from being unable to meet monthly debt obligations, with 28% reporting they simply do not earn enough to cover their bills and debt payments. “Many Canadians are not just living paycheque-to-paycheque, they are entering each pay […]
Michael Rubin, the billionaire fashion, trading card and sports betting titan, has picked up a second beachfront home on Bridgehampton’s Dune Road. The founding CEO of Fanatics and host of the A-list “White Party” inked a deal to purchase the 4,200-square-foot home at 167 Dune Road that sought $42.5 million, the New York Post reported. […]
The list said that “SigScalr develops a data log management and observability tool” and that Apple notified the commission of the acquisition on March 12. The commission posted the details on its website Monday (July 13), according to 9to5Mac, which flagged the news of the acquisition in a Monday report. SigScalr offers the open-source observability […]