FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily...
Analyst predicts new highs for Ripple and Ethereum, sees RXS gaining ground in RWA market
There is some activity in the crypto market as some heavyweights emerge with surging momentum. You may have noticed the recent headlines surrounding Ripple (XRP),...
BitGo launches a digital asset management platform for protocols
BitGo launches a unified platform for Web3 token management and compliance. Major protocols like Worldcoin and Sui are already using BitGo’s new solution. BitGo is...
Tether’s USDT stablecoin market share rises to over 75%
Tether (USDT) market share has risen to 75%, up from 55% in two years. Tether generated $400 million in revenue in the last 30 days....
In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
It is one of the lastest testimonies in the Federal Trade Commission's lawsuit to block the merger of Coach's owner Tapestry and Michael Kors' owner...
UAW union files unfair labor charges against Stellantis, accuses automaker of violating contract
The charges are the latest action by the union against Stellantis, which has drawn the ire of UAW leaders for production cuts, layoffs and other...
Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’
Charter Communications is rolling out new pricing and commitments of reliability as it contends with industry shifts in broadband, TV and mobile businesses.
Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike of more than 30,000 factory workers.
Resist The Temptation To Do A Cash-Out Refinance As Rates Collapse
With record-high home equity and declining mortgage rates, the temptation to do a cash-out refinance is growing. I’ve certainly considered it myself. However, after careful...