Circle Internet Group, Inc. (CRCL), the issuer of USDC, the world’s second-largest stablecoin, announced Friday that it secured a limited purpose trust charter from the New York Department of Financial Services (NYDFS). The trust charter is an official state banking authorization that allows the holder to legally provide fiduciary, custody and asset-management services under the […]
Dearness Allowance (DA) is a percentage of basic salaries aimed at addressing the impact of inflation for government employees and pensioners. Reviewed twice a year, new announcements are usually made in March and October, with rollouts in January and July. Notably, the latest DA hike was announced in April by the Finance Ministry which increased […]
The average American eats nine pounds of avocado every year, according to the Wall Street Journal. One special day of the year might have something to do with that: National Avocado Day. Here’s a roundup of the avocado deals that will “guac” your world as the holiday hits this Friday, July 31. Chipotle Mexican Grill […]
Key insight: To boost their name recognition, especially with young people, banks, credit unions and fintechs are jumping on new opportunities to affix their logos on college athletes’ uniforms — and spending big money, in some cases. Supporting data: SoFi will reportedly pay between $18 million and $20 million per year under a sponsorship deal […]
It’s becoming harder to write anything. Not because we lack ideas. Not because we lack time. Not because we have outsourced our personalities to large language models trained on the entire internet. The problem is simpler. Every sentence now contains a potential sign of AI. We have become trapped in an endless game of literary […]
Andrew Toy, Chief Executive Officer of Clover Health Investments, Corp. (CLOV +2.60%), sold 62,711 shares of Class A Common Stock on July 15, 2026, according to a recent SEC Form 4 filing. Transaction summary Metric Value Transaction value ~$292,860 Shares sold (directly held) 62,711 Post-transaction shares (directly held) 9,547,114 Post-transaction value $44.68 million Transaction value […]
YouTube has ballooned from a small selection of low-resolution videos in 2005 to a total library of more than 20 billion videos uploaded. Over the course of two decades, it has introduced a bevy of new features including YouTube Premium, Shorts, and YouTube Shopping. Today, it has billions of logged-in monthly users. But as YouTube’s […]
The lab will use a platform model, creating AI functions that can be applied across different parts of the business. Credit: khunkornStudio/ Shutterstock.com. Wealth management firm WRISE Group has established WRISE AI Labs and named Jeffrey Wu as group chief scientist, while setting aside an initial HK$30m for the build-out of AI-based wealth management tools. […]
In 2013, I stood across from Mark Cuban on Shark Tank. He wanted to invest, with one condition. He told me AI was about to make most of the human expertise my business ran on either free or irrelevant, and the smart move was to build toward where the technology was going, not where it […]
Chevron records highest quarterly profit in six years, beating analyst estimates