Editor’s Picks

Instagram Introduces Its New Reels Shopping Feature, A TikTok Competitor

Instagram Introduces Its New Reels Shopping Feature, A TikTok Competitor
Instagram Introduces Its New Reels Shopping Feature, A TikTok Competitor
December 10, 2020  |  Social Commerce

Instagram is on a roll — with new features that include its introduction of shopping to IGTV, its standalone video for Android and iOS smartphones....

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U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
U.S. Initial Jobless Claims Rise To 853,000 Along With Increasing COVID-19 Cases
December 10, 2020  |  Economy

An increasing number of Americans were forced out of work as new coronavirus cases reached record-breaking levels. New jobless claims surged 137,000 over last week’s...

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Citigroup Predicts Better Credit Trends In 4Q
Citigroup Predicts Better Credit Trends In 4Q
December 10, 2020  |  Banking

Citigroup Chief Financial Officer Mark Mason says the bank is more likely to report loan loss reserve releases than builds as of the fourth quarter,...

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US Bank Debuts Free Zelle eCards For Users Sending Money
US Bank Debuts Free Zelle eCards For Users Sending Money
December 10, 2020  |  Digital Payments

U.S. Bank is trying to adapt to the pandemic holidays with new eCards meant to spread cheer through contactless cash gifting, according to a press...

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Airbnb IPO Tops Forecasts With $68 Share Price On $47 Billion
Airbnb IPO Tops Forecasts With $68 Share Price On $47 Billion
December 10, 2020  |  IPO

Airbnb‘s record-breaking initial public offering (IPO) pricing topped expectations, with a share price of $68 on a $47 billion valuation, the Wall Street Journal (WSJ)...

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Bank of America: Spending Up Over 2019 Despite Virus Acceleration
Bank of America: Spending Up Over 2019 Despite Virus Acceleration
December 10, 2020  |  Economy

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and...

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Software Maker C3.ai Tops IPO Goal, Valued At $4 Billion
Software Maker C3.ai Tops IPO Goal, Valued At $4 Billion
December 09, 2020  |  IPO

Software maker C3.ai, which was founded by former Oracle Corp. executive Tom Siebel, is pricing its initial public offering (IPO) above the marketed range, aiming...

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Circle Revamps Stablecoin Platform As USDC Grows 500 Pct
Circle Revamps Stablecoin Platform As USDC Grows 500 Pct
December 09, 2020  |  Blockchain

Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly...

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FTC, 46 States Launch Massive Antitrust Suit On Facebook
FTC, 46 States Launch Massive Antitrust Suit On Facebook
December 09, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally...

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