Freehand Raises $75M to Automate Enterprise Payments

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Freehand raised $75 million to scale its autonomous artificial intelligence (AI) agents that manage supply chain spend for global enterprises. These agents automate procurement, supplier management, invoicing and payments, the company said in a Wednesday (July 29) press release. The agents can negotiate rates, enforce contracts, manage suppliers, process payments and reconcile data within enterprise systems, according to the release. […]

$3B Berger Financial Sells Majority Stake to Alts Manager Investcorp

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Berger Financial Group, a Minnesota-based registered investment advisor with more than $3 billion in assets under management, has sold a majority stake to the Bahrain-based alternative investment giant Investcorp, in a move that will establish a beachhead for further acquisitions, the firms announced. Berger, founded in 1981, has grown both organically and through acquisitions to […]

Mark Zuckerberg’s Pro-AI Campaign Comes to Meta’s Earnings Call

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Many Americans are very concerned about AI. Can Mark Zuckerberg change their minds? That is what the Meta CEO is trying to do, via a persuasion campaign: Last week, the company launched an ad, scored by a David Bowie song, telling viewers to ignore “some people” who don’t like AI. Zuckerberg followed up a Wall […]

Tech Watch: AI is no longer the advantage – Mortgage Strategy

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If there’s one phrase I’ve heard more than any other over the past 12 months, it’s, ‘How do we use AI?’ It’s understandable. Every conference agenda, strategy meeting and board discussion seems to centre around artificial intelligence. Organisations are racing to adopt it, vendors are racing to sell it and everyone is understandably worried about […]

Wait for more signals before turning positive

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At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally. During the past trend phases in the Sensex, a monthly moving average convergence/divergence (MACD) cross-down below its trigger line, have, typically, led to a significant value erosion, with the corrective phase lasting, […]

Fed issues its latest rate decision as geopolitical unrest continues

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Warsh has been explicit about his skepticism of forward guidance, the practice of telegraphing future rate moves. Williamson said that shift has direct implications for mortgage rate volatility, since a CPI print, an employment report, or a Fed governor’s speech can now move rates in ways that would previously have been dampened by explicit guidance. […]

China Imposes New Tax Rules on Offshore Trusts

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On July 24, 2026, China’s Ministry of Finance and State Taxation Administration issued landmark announcements that establish a comprehensive framework for imposing China’s individual income tax at a 20% rate on residents of China who transfer or have transferred property to or who receive distributions from offshore trusts (the New Rules). The issuance of the […]

Sam Altman Voices Support for Federal AI Guardrails in DC Visit

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OpenAI CEO Sam Altman met with U.S. lawmakers Wednesday (July 29) and told reporters later that he supports federal artificial intelligence legislation, Bloomberg reported. Altman said that he didn’t discuss specific legislative proposals but that he was “certainly” supportive of AI cybersecurity guardrail legislation, according to the report. During the meetings, Altman also discussed OpenAI’s […]

BXP Lands $1.2B Construction Loan at 343 Madison

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A highly anticipated office development snagged a fresh round of debt, totaling in the billions. BXP scored a $1.2 billion construction loan for its development at 343 Madison Avenue next to Grand Central Terminal, the company disclosed in its second-quarter earnings report. The loan carries a 2.5 percent secured overnight financing rate, which will drop […]

Stock Market Outlook Today, 30 July 2026: Sensex, Nifty Likely to Trade Positive After Fed Holds Rates

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Sensex and Nifty are likely to remain range-bound with a positive bias on Thursday, July 30, supported by resilient domestic earnings, improving global sentiment and the US Federal Reserve’s latest monetary policy decision. Stock Market Outlook Today: Nifty, Sensex May Open Positive After Fed Holds Rates Global sentiment remained supportive after the US Federal Reserve […]