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Ramp Eyes $40 Billion Valuation in New Funding Round

Ramp Eyes $40 Billion Valuation in New Funding Round
Ramp Eyes $40 Billion Valuation in New Funding Round
May 07, 2026  |  Back-office

Financial operations platform Ramp is looking to raise $750 million at a valuation of more than $40 billion, The Wall Street Journal (WSJ) reported Thursday...

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Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
May 07, 2026  |  Amazon Payments

Amazon Web Services (AWS) announced in a Thursday (May 7) company blog post a set of tools designed to allow artificial intelligence agents to conduct...

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US and Allies Guarantee Tax-Free Streaming and Software Downloads
US and Allies Guarantee Tax-Free Streaming and Software Downloads
May 07, 2026  |  International

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and...

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Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
May 07, 2026  |  Investments

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing...

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McDonald’s CEO Warns Consumer Sentiment Is Declining
McDonald’s CEO Warns Consumer Sentiment Is Declining
May 07, 2026  |  Earnings

McDonald’s executives warned Thursday (May 7) that consumers are becoming more cautious with their spending as economic uncertainty continues to weigh on household budgets, prompting...

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Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
May 07, 2026  |  Credit Cards

If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe...

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Household Inflation Anxiety Edges Higher in NY Fed Poll
Household Inflation Anxiety Edges Higher in NY Fed Poll
May 07, 2026  |  Economy

Consumers are more pessimistic and more uncertain about the rate of inflation over the next year than they were a month ago, according to data...

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Kalshi Reaches $22 Billion Valuation Amid Increasing Institutional Demand
Kalshi Reaches $22 Billion Valuation Amid Increasing Institutional Demand
May 07, 2026  |  Fintech Investments

Kalshi completed a $1 billion Series F funding round that values the prediction market platform at $22 billion, according to a Thursday (May 7) company...

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Tax Refunds Squeeze OppFi Loan Volume
Tax Refunds Squeeze OppFi Loan Volume
May 07, 2026  |  Earnings

OppFi saw its total net originations decrease 7% in the first quarter as the company tightened credit and as larger tax refunds reduced its customers’...

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