Warren Buffett Just Issued a Sharp Warning to Day Traders: ‘Humans Love to Gamble’
The philanthropist and businessman issued a strong critique on a growing financial sector.
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The Happiest Countries In The World
What does it mean to be a happy country? The World Happiness Report points the way to life satisfaction for citizens. Finland has taken the top spot in the UN World Happiness Report for the seventh straight year, and not because there is something in the icy waters of this nation of just 5.6 million…
Circle Wins Approval of Its Banking Plan – Digital Transactions
Circle Internet Group Inc. said its plan to establish First National Digital Currency Bank, N.A., has been approved by the Comptroller of the Currency. The bank’s operating name will be Circle National Trust. Circle submitted its banking application June 30 last year and received conditional approval in December. The move into banking by Circle, a…
OpenAI’s first device could be a screenless smart speaker. It has plenty of competition
OpenAI is reportedly developing a screenless smart speaker that could be released commercially as soon as 2027. It’s the company’s first-ever major hardware device. OpenAI’s speaker will be designed for home use. It’s battery-powered, so it can be carried from room to room, and it will include cameras, sensors, and mechanical elements, according to people…
A self-driving Waymo just reported its own passengers to police
If you think no one is paying attention inside your driverless taxi, think again. Two California teenagers were detained Monday after a Waymo detected suspicious behavior during their ride and alerted police in San Mateo. The teenagers were allegedly spotted drinking alcohol and using toy guns to shoot Orbeez—small, squishy jelly-bean-like water beads—out the windows,…
Prediction: Microsoft Stock Could Go Parabolic After July 29. Here’s Why.
On July 29, Microsoft (MSFT +1.68%) reports its fiscal fourth quarter earnings, and that should be a date to circle on your investment calendar. It could be the date that Microsoft begins its run after struggling for most of 2026. Unlike most of the other “Magnificent Seven” stocks, which have recovered from sell-offs earlier in…
What transaction accountants should know before trusting an AI proof-of-cash
The proof-of-cash is one of the few procedures in the transaction accountant’s toolkit that has not changed meaningfully in decades. Processing Content The concept is straightforward: Every dollar that appears in the general ledger should be traceable to a corresponding bank transaction, and vice versa. In practice, executing that reconciliation across multiple bank accounts, multiple…
