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Report: Almost $270 Billion in Leveraged Loans at Default Risk
Report: Almost $270 Billion in Leveraged Loans at Default Risk
September 27, 2023  |  Loans

Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache,...

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OpenAI Expands ChatGPT’s Data Access With Web Browsing Feature
OpenAI Expands ChatGPT’s Data Access With Web Browsing Feature
September 27, 2023  |  artificial intelligence

OpenAI, the artificial intelligence (AI) startup backed by Microsoft, has introduced a new browsing feature for its popular chatbot, ChatGPT. This update allows ChatGPT users to...

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Restaurants Consolidate Tech Stacks in Search for Simpler Solutions
Restaurants Consolidate Tech Stacks in Search for Simpler Solutions
September 27, 2023  |  ResTech

Many restaurants have built up their tech stacks over time and are now seeking to winnow down their digital solutions, finding themselves with a disorderly...

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Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform
Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform
September 27, 2023  |  Investments

Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. The round was led by...

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US Durable Goods Orders Climb as Consumer Confidence Falls
US Durable Goods Orders Climb as Consumer Confidence Falls
September 27, 2023  |  Economy

U.S. durable goods orders climbed unexpectedly in August, per new government data. The Commerce Department announced Wednesday (Sept. 27) that orders for these long-lasting goods rose 0.2% last...

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‘Hope Inside Cross River’ Helps Consumers Increase Savings
‘Hope Inside Cross River’ Helps Consumers Increase Savings
September 27, 2023  |  Financial Inclusion

Cross River Bank and Operation Hope say their financial literacy initiative has helped consumers boost their savings. The financial institution and the nonprofit announced Wednesday (Sept. 27) the midyear...

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7 CFOs on Determining the ROI for Digital Transformations 
7 CFOs on Determining the ROI for Digital Transformations 
September 27, 2023  |  CFO

This era’s digital transformation has swept up all business functions, including that of finance. That’s because — no longer confined to the traditional responsibilities of...

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Report: Amazon Seller Thrasio Mulls Bankruptcy
Report: Amazon Seller Thrasio Mulls Bankruptcy
September 27, 2023  |  eCommerce

Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending...

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Utah Jazz Launches D2C Streaming Platform as Niche Subscriptions Emerge
Utah Jazz Launches D2C Streaming Platform as Niche Subscriptions Emerge
September 27, 2023  |  Streaming

As more types of businesses look to the streaming subscription model to drive revenue, NBA team the Utah Jazz has launched a paid Jazz+ service....

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