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Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan was confirmed Tuesday (Oct. 7) by the U.S. Senate to be the under secretary for domestic finance at the Treasury Department.
McKernan was confirmed by the Senate on a 51-47 vote, according to Congress.gov. The roll call vote was split along party lines, with 51 Republicans voting in favor, 45 Democrats and 2...
Google argued against a Justice Department proposal that would bar it from bundling its YouTube and Google Maps apps with its Gemini artificial intelligence (AI) service, telling a judge Wednesday (Oct. 8) that these haven’t been found to be monopoly products.
The argument came during the court battle in which the judge is developing a remedy after finding that Google has a monopoly in...
Google’s philanthropic initiative Google.org is providing the U.S. Chamber of Commerce with $5 million in funding to develop and launch a national artificial intelligence (AI) training program for small businesses.
The Small Business B(AI)sics program aims to provide foundational AI skills to 40,000 U.S. small businesses, Google said in a Wednesday (Oct. 8) blog post.
Google also...
Non-custodial stablecoin wallet MiniPay has integrated Noah’s financial infrastructure to enable freelancers, creators and sellers to receive global payouts.
This solution enables these customers to receive ACH/SEPA transfers in U.S. dollars or euros in MiniPay, have them automatically converted to stablecoins, and cash out locally to mobile money, M-Pesa, Pix, GCash, Shopee and other...
U.S. Bank will serve as the custodian for reserves backing Anchorage Digital Bank’s payment stablecoins, the companies said in a Wednesday (Oct. 8) press release.
The bank is one of the nation’s largest global custodians and has clients that include financial institutions, corporations, insurance companies, government entities, foundations and other institutional asset owners,...
America’s travel economy suffered $1 billion in lost spending in the week since the government shutdown began, the U.S. Travel Association said Wednesday (Oct. 8).
The nonprofit organization representing the travel industry said in a press release that the economic fallout from the shutdown topped $1 billion Wednesday morning.
Geoff Freeman, president and CEO of the U.S. Travel...
Tariffs have raised costs and complicated logistics, yet they’ve also showcased how resilient merchants can be when incentives shift toward efficiency and control. Goods producers, which includes retailers and tech firms, report higher input costs and delivery delays, but they also point to opportunities to localize sourcing and harden supply chains against further shocks.
As seen in...
European classifieds company Adevinta reportedly could launch an initial public offering for its German auto marketplace, Mobile.de, in Frankfurt around the middle of 2026.
Adevinta, which is owned by Permira and Blackstone, is pursuing a “dual track process” in which both an IPO and a sale of Mobile.de are being considered, the Financial Times reported Wednesday (Oct. 8), citing...
Few titles carry as much weight in balancing risk and opportunity as CFO. And that weight is only growing.
Over at least the last five years, and with mounting urgency post-pandemic, CFOs have faced a dual mandate: to modernize aging financial infrastructure and to safeguard enterprises against sophisticated fraud and compliance risks.
Artificial intelligence (AI) has become central...
Hospitals are facing unprecedented cost pressures and persistent staffing challenges, forcing a deeper look at where automation can make a measurable impact. The American Hospital Association’s “Cost of Caring” report shows that labor and related compensation now account for nearly 56% of total hospital expenses, underscoring the system’s heavy reliance on human capital. Executives are turning to...