BIS Says Stablecoins Require ‘More Restrictive Regime’ Than Traditional Finance
BIS Says Stablecoins Require ‘More Restrictive Regime’ Than Traditional Finance
July 11, 2025  |  Cryptocurrency

The growing ties between stablecoins and the traditional financial system pose risks to financial integrity and financial stability, the Bank for International Settlements (BIS) said...

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Costco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
Costco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
July 11, 2025  |  Earnings

Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods and non-food categories like jewelry, major appliances and gift cards....

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AWS Reportedly Set to Launch AI Agent Marketplace
AWS Reportedly Set to Launch AI Agent Marketplace
July 11, 2025  |  Amazon

Amazon Web Services (AWS) will reportedly launch an artificial intelligence (AI) agent marketplace on July 15 during its AWS Summit. Get the Full Story Complete...

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This Week in AI: Nvidia Hits $4 Trillion Market Cap; Reddit Post Reignites AI in Healthcare Debate
This Week in AI: Nvidia Hits $4 Trillion Market Cap; Reddit Post Reignites AI in...
July 11, 2025  |  Artificial Intelligence

This week in artificial intelligence, Nvidia reached a record market capitalization, while Americans are using AI chatbots to get medical advice and restaurants are using...

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S&P Global Downgrades Saks Global’s Credit Rating, Citing Financing Package
S&P Global Downgrades Saks Global’s Credit Rating, Citing Financing Package
July 11, 2025  |  Business

S&P Global Ratings has downgraded its issuer credit rating on Saks Global Enterprises from “CCC+” to “CC,” saying the luxury retailer’s proposed $600 million financing transaction...

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New OCC Head May Focus on Digital Assets and New Bank Formation
New OCC Head May Focus on Digital Assets and New Bank Formation
July 11, 2025  |  Bank Regulation

On Thursday (July 10), the United States confirmed Jonathan Gould as Comptroller of the Currency, becoming the first permanent head of the banking regulator in...

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Why CFO Now Stands for ‘Chief Forecasting Officer’
Why CFO Now Stands for ‘Chief Forecasting Officer’
July 11, 2025  |  CFO

For decades, the title of chief financial officer evoked an image of someone buried in spreadsheets and focused on quarterly closes, regulatory compliance and carefully...

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French and UK Authorities Arrest Suspects in 2 Separate Ransomware Cases
French and UK Authorities Arrest Suspects in 2 Separate Ransomware Cases
July 11, 2025  |  Security & Fraud

Five people have been arrested in Europe in two separate, unrelated cases related to ransomware, Ars Technica reported Thursday (July 10). Get the Full Story...

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Robinhood CEO’s AI Math Wiz Valued at $900M
Robinhood CEO’s AI Math Wiz Valued at $900M
July 11, 2025  |  artificial intelligence

Harmonic AI, the artificial intelligence startup co-founded by Robinhood Markets CEO Vlad Tenev, has raised $100 million in a Series B round, bringing its valuation...

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