Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
Chinese Industrial Profits Jump in August, Reversing Drop
Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and excessive competition…
Amazon Prime settlement: How to claim up to $51, who qualifies, and when refunds arrive
Amazon agreed to a $2.5 billion deal resolving FTC claims it “tricked and trapped” users into Prime and…
Amazon Will Pay $2.5 Billion to Settle FTC Suit That Alleged ‘Dark Patterns’ in Prime Sign-Ups
In the six-year time frame established in the settlement, anyone who “unsuccessfully attempted” to cancel their Prime subscription…
SC Ventures and Fujitsu form quantum computing partnership
Standard Chartered Bank’s SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing…
Macquarie to Repay Thousands of Retirement Savers in Failed Fund
Macquarie Group Ltd. will pay back around A$321 million ($211 million) that thousands of Australian retirement savers put…
Singapore Warns Content Creators About Giving Financial Advice
Singapore’s regulator will issue advisory letters to five content creators who may have given financial advice without a…
BIS researchers harness AI to forecast financial market dysfunction
Researchers from the Bank for International Settlements have used AI to produce daily forecasts of market dysfunction 60…
The Rise of AI Agents and the Fall of Digital Wallets
In 1996 the Palm Pilot felt like the future. For those unfamiliar (or not yet born), the Palm…
Walmart Adds Same-Day Home Delivery for Ozempic, Other Refrigerated Drugs
Walmart Inc. will start delivering refrigerated prescriptions to homes as the world’s largest retailer looks to expand the…
Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises
Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property…
Google Turns Browser Into AI Assistant With Gemini
Google is giving Chrome its biggest overhaul in more than a decade, embedding its Gemini artificial-intelligence system into…