Feed Items
If March Madness is America’s annual reminder that probability is a prankster, the Final Four is when the prank starts charging subscription fees.
This Weekender finds otherwise sensible adults becoming pop-up quant traders, building models in spreadsheets, consulting mascots as if they were macro indicators, and asking chatbots to pick between a 12-seed and a 5-seed with unearned...
An artificial intelligence (AI)-generated country song reached No. 1 on Billboard’s Country Digital Song Sales chart last fall, and few listeners knew the song was created by a machine.
The track, “Walk My Walk,” was released under the name Breaking Rust, a fictional artist with an AI-generated cowboy persona, generic lyrics about perseverance, and an Instagram page that never...
OpenAI introduced an application security agent designed to build deep context about the user’s project to identify complex vulnerabilities and minimize false positives.
The agent, Codex Security, is now in research preview, the company said in a Friday (March 6) blog post. It was formerly known as Aardvark when it was in private beta in October.
Codex Security is designed to flag real...
The month-end close remains one of the most labor-intensive processes in finance.
It is the ritual sprint that follows every reporting period. Spreadsheets proliferate, data is pulled from multiple systems, discrepancies are chased down, and reconciliations stretch late into the night. Despite years of enterprise digitization, the close process has remained manual and left many finance...
Alchemy Pay, a payment gateway that connects cryptocurrency with traditional fiat currencies, announced Tuesday (March 3) that it obtained a Money Transmitter License (MTL) in Delaware.
This brings to 15 the number of U.S. states in which Alchemy Pay holds Money Transmitter Licenses, the company said in a Tuesday press release. The company secured four of those licenses since the...
The latest labor market figures delivered an unexpected turn, with payrolls shrinking in February and the unemployment rate ticking higher, raising new questions about whether consumer confidence and spending power can maintain their steadiness.
The Employment Situation Summary released Friday (March 6) by the U.S. Bureau of Labor Statistics showed that nonfarm employment fell by...
Companies in the S...
Stripe has introduced new artificial intelligence (AI)-focused metering and billing capabilities inside Stripe Billing, giving software companies infrastructure to charge for AI consumption the way cloud providers charge for compute: by the unit, in real time.
The update allows developers to send granular usage data including tokens processed, model API calls, agent tasks and automated...
Stablecoins can no longer be viewed as a single product category. Recent developments point to their emergence as the foundation for a multi-layered infrastructure system, similar to the early architecture of the internet.
The headlines this week paint a picture of momentum. Visa and Bridge expanded their cross-border stablecoin capabilities. BitGo and SoFi announced a partnership...
U.S. Customs and Border Protection (CBP) is developing a way to refund to importers the money they paid under tariffs that were later struck down by the Supreme Court, Reuters reported Friday (March 6).
A CBP official said Friday in a court filing that CBP cannot immediately comply with a judge’s order that it process the refunds but added that the agency is developing a way to do so,...