Feed Items
Arizona’s filing of criminal charges against Kalshi could mark a new strategy in states’ legal battles with prediction markets, Bloomberg reported Wednesday (March 18).
Daniel Wallach, founder of Wallach Legal, told Bloomberg that Arizona’s strategy could enable the state to shut down Kalshi’s operations rather than imposing fines.
“It may reflect a fine-tuning of states’ strategies on...
Cryptocurrency exchange Coinbase is looking to build the infrastructure for artificial intelligence agent payments at a time when its core business is being impacted by the crypto market downturn, The Information reported Wednesday (March 18).
Shan Aggarwal, chief business officer at Coinbase, said of the firm’s agentic payments projects: “It’s certainly one of our top priorities as a...
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, the Wall Street Journal reported Wednesday (March 18), citing an investor update.
The Stone Ridge Alternative Lending Risk Premium Fund holds consumer and small business loans made by ...
Macy’s returned to positive comparable sales in fiscal 2025, marking what the company called an inflection point after years of contraction.
The earnings result reflects not just improved merchandising but a structural shift in how the company is using customer data, store formats and digital channels together.
The company’s bold new chapter strategy, now in its second year, has moved...
Walmart has secured U.S. patents for two systems that would use machine learning to inform the company’s pricing, the Financial Times reported Wednesday (March 18).
One patent is for a “system and method for dynamically and automatically updating item prices” for markdowns in its eCommerce unit, while the other is for using machine learning to predict demand and recommend prices,...
Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Financial Times reported Wednesday (March 18).
The bank told clients that these stocks had 30% “downside risk” compared with their U.S. peers because their shares have not fallen as much,...
Robots are coming to hospitals, but they are not there to replace surgeons. Instead, they observe, coordinate and carry loads, tasks that consume large amounts of clinical staff time and require far less judgment than the work surgeons spend years training to perform.
That distinction is central to Nvidia’s latest push into healthcare. The company this week released what it describes...
The world’s largest bitcoin ATM operator has been temporarily barred from conducting business in Connecticut.
Bitcoin Depot had its money transmission license suspended by the state’s banking commissioner last week due to allegations that it had violated compliance requirements, overcharged customers and failed to refund fraud victims.
The action was reported Wednesday (March 18) by...
The latest producer price data suggest that inflation is no longer being driven primarily by what businesses pay for goods, but by what those enterprises decide to charge as those goods move through the system.
February’s Producer Price Index (PPI) came in above expectations, rising 0.7% for the month and 3.4% year over year, with core prices advancing 0.5% on the month and 3.9%...
The Office of the Comptroller of the Currency (OCC) terminated enforcement actions against four banks in March.
In each case, the OCC said it believes “the safety and soundness of the Bank and its compliance with laws and regulations does not require the continued existence” of the consent order or formal agreement.
The regulator issued an order terminating an April 2024 consent order...