July 31, 2023
The Effects of Telemedicine on Market Structure and Implications for...
The widespread adoption of telemedicine during the COVID-19 pandemic has increased healthcare provider competition by expanding patients’ choice sets. This article highlights the potential consequences of this increased competition, including...
July 31, 2023
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by...
Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside, too. The index was up...
July 30, 2023
Consumers Have Covered Credit Card Bills So Far, but Defaults...
Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. It is a testament to consumer resiliency that credit card late payments and other...
July 28, 2023
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). The firm laid off 20% of its staff — 90 employees — this week, Bloomberg reported Friday...
July 28, 2023
Beike Finance and XP Surge as FinTech IPO Index Heads...
The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech IPO Index was up 0.5%...
July 27, 2023
Rappi and R2 to Provide Loans to Restaurants in Mexico...
Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three...
July 27, 2023
Finsync Offers Businesses Free Access to Its Financial Platform
Financial network platform Finsync said bankers and businesses can use its network for free. The offering is designed to help businesses scale faster, the company said in a Thursday (July 27) news release. The...
July 27, 2023
Zuckerberg Sees Three AI Categories Driving Meta’s Growth
Meta’s investments in tomorrow are running up tens of billions in losses today. But while the tech giant’s Reality Labs segment, responsible for the metaverse and other longshot bets, has...
July 27, 2023
Bank of America CEO: Capital Requirements Must Ensure ‘Level Playing...
Bank of America CEO Brian Moynihan said new capital requirements need to ensure a level playing field for U.S. banks. “I think they have to be careful as they put...