J.P. Morgan Chase has launched euro-denominated transactions with its blockchain-based JPM Coin. This offering for corporate clients went live Wednesday (June 21), Bloomberg reported Friday (June 23). Reached by...
The Federal Deposit Insurance Corporation’s guarantee of uninsured accounts at Silicon Valley Bank reportedly included companies that would have been in no real danger. While President Joe Biden...
The holiday celebrating the coronation of King Charles III contributed to an unexpected rise in British retail sales. The country’s retail sales volumes rose 0.3% in May,...
Wheels Up Experience shares have taken a significant hit, dropping by 60.38% in value to close Thursday (June 22) at $1.24 a share due to...
Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...
Despite acknowledging the potential dangers of rapidly progressing AI technology, Sam Altman, the head of ChatGPT parent OpenAI, has argued that the benefits outweigh the costs. In an interview Thursday...
Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement...
Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...
Federal Reserve Chair Jerome Powell announced in a Senate Banking Committee hearing on Thursday (June 22) that smaller banks with assets below $100 billion will not...