Food prices are soaring the quickest they have since the early ’80s. The U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released Thursday (March 10) shows that in February prices for groceries increased 8.6% year over year. This increase marks the greatest 12-month...
The Department of Justice (DOJ) announced on Thursday (March 10) that its Antitrust Division and the Federal Trade Commission (FTC) will cohost a conference on April 4. Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan, as well as senior staff from both...
Securities and Exchange Commission Chair Gary Gensler delivered his remarks on Thursday March 10 before the Investor Advisory Committee that was devoted to the use of artificial intelligence in robo-Advisory services and cybersecurity disclosures. Get the Full Story Complete the form to unlock this article...
The lingerie world got a wakeup call Friday (Mar 11) amid reports that the budding Savage X Fenty brand backed by singer Rihanna is said to be considering an IPO to fund its expansion. Get the Full Story Complete the form to unlock this article...
Luxury resale platform Yoox Net-A-Porter on Friday (March 11) debuted a menswear resale line, Mr Porter, which joins womenswear line, Net-A-Porter and The Outnet, according to a company press release Friday (March 11). Get the Full Story Complete the form to unlock this article and...
Nondilutive financing alternatives startup Capchase raised $80M in a Series B growth equity funding round led by 01 Advisors, with participation from previous backers QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco, and Gaingels. Get the Full Story Complete the form...
India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Danish FinTech B2B company Cardlay has received a $6 million cash infusion and hired a chief technical officer, the company announced Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action this week against four men for allegedly conducting a $44 million bitcoin Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
