Grocery and Shelter Costs Rise in November, Straining Consumer Budgets

Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons Takes Kroger to Court After Grocery Merger Collapses
December 11, 2024  |  Legal & Regulation

Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed...

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Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Legal & Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the...

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Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
December 11, 2024  |  SMBs

Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Launched in collaboration with...

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Amazon Questions Influencers in Crackdown on Paid Reviews
Amazon Questions Influencers in Crackdown on Paid Reviews
December 11, 2024  |  Retail

Amazon reportedly started polling influencers about product testimonials they’ve posted on social media. The questionnaires, sent to influencers and dealing with reviews appearing on YouTube,...

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Mynt Raises $23 Million to Expand Spend Management Solution in Europe
Mynt Raises $23 Million to Expand Spend Management Solution in Europe
December 11, 2024  |  Investments

Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding...

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Circle and Binance Team to Expand Stablecoin Adoption
Circle and Binance Team to Expand Stablecoin Adoption
December 11, 2024  |  Partnerships

Cryptocurrency giants Circle and Binance are joining forces to promote the wider adoption of stablecoins. The partnership is designed to expand the adoption of Circle’s...

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Millennials Forgo Homeownership and Boost Rent-to-Build Market
Millennials Forgo Homeownership and Boost Rent-to-Build Market
December 11, 2024  |  Real Estate

With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Developers are in a hurry to meet that demand even if it...

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Apple Marries Siri to ChatGPT in Latest AI Update
Apple Marries Siri to ChatGPT in Latest AI Update
December 11, 2024  |  Mobile Commerce

ChatGPT, meet Siri. Siri, meet ChatGPT. Apple integrated its voice assistant, standard with its iPhone and other devices, with OpenAI’s artificial intelligence, part of a...

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