Tag: finance | BizAndTech Newswire

finance

The Future of Credit Is Clashing With Its Past
Consumer credit has so far been shaped and defined by a single product. The revolving credit card. But the re...

FinTech Loan Fund Limits Withdrawals as Investors Exit Private Credit
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, ...

Banks risk another 2008 crisis after moving the equivalent of 18 million BTC into shadow lenders
US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders. Since 2008, banks have sh...

Companies See Inflation Inching Up to 2.1%, Atlanta Fed Says
Firms’ year-ahead inflation expectations increased by 0.2 percentage points to 2.1% in March, according to the Federal Reserve Bank of Atlanta’s March Business Inflation Expectations (BIE) Survey....

Microsoft, Google and Anthropic Channel Enterprise AI Use With Spreadsheets
Microsoft and Google are racing to embed artificial intelligence (AI) directly into their spreadsheet products, and the results suggest that Excel and Google Sheets, not purpose-built AI tools, may be...

Polymarket Acquires Brahma To Strengthen Crypto Infrastructure
Prediction market platform Polymarket is making another move to deepen its crypto roots, announcing the acquisition of DeFi startup Brahma in a deal aimed at improving its underlying infrastructure. T...

Tempo Mainnet Goes Live With Machine Payments Protocol, Paving the Way for Agent-First Payments
Tempo’s mainnet is officially live, and from today, developers can start building directly on the platform using public RPC endpoints. This is a major step forward in making payments faster, cheape...

Ethereum is outperforming Bitcoin when it shouldn’t be — what’s driving it?
Ethereum is outpacing Bitcoin as tensions involving the United States, Israel, and Iran continue to shape global markets. Data from CryptoSlate shows ETH has risen 18% against the dollar since the sta...

SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles
The SEC just made its biggest crypto classification move in years, placing major tokens such as Ethereum, Solana, Cardano, Dogecoin, Avalanche, XRP, and Chainlink into a “digital commodities” buck...

Nscale Crashes the Big Leagues of Data Center Developers
A year ago, CoreWeave looked like AI’s riskiest play. Then last fall, Oracle stepped in front. More recently, Masayoshi Son’s SoftBank, no stranger to big bets, has borrowed its way to the top.Thi...

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finance

April