Feed Items
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited.
That’s according to a recent report from the Bank of America (BofA) Institute, which finds that AI-related capital expenditures, especially in software and computing, were key drivers of GDP growth or 2025.
“After a slight decline in Q1, GDP growth rebounded in Q2 with 3.8% for...
Ferrari is reportedly courting the crypto crowd as it auctions off a championship-winning car.
The sportscar maker is planning to mint a digital token that its wealthiest fans can use in an auction for a Ferrari 499P, the endurance car that won three Le Mans titles in a row, Reuters reported Saturday (Oct. 25).
The report said the plan thus far is limited in scope, and marks an effort...
Celebrating its 110th birthday, apparel and home merchandise retailer Bealls says it has reached another milestone.
The company announced recently it has become the first national retailer to accept digital currencies from any cryptocurrency wallet app across more than a dozen blockchains simultaneously, supporting a variety of assets including stablecoins and meme coins.
This is due...
The U.S. government shutdown has reportedly weakened the nation’s cyberdefenses.
Cyberattacks on government employees have almost doubled since the shutdown began at the start of the month, the cybersecurity-focused website Dark Reading reported Friday (Oct. 24).
With key agencies in limbo, workers furloughed and threat activity rising, the government and its employees are perhaps at...
President Donald Trump has reportedly chosen his nominee to head the U.S. Commodity Futures Trading Commission (CFTC).
As Coindesk reported Sunday (Oct. 26), Trump is backing ex-Securities and Exchange Commission (SEC) lawyer Mike Selig to lead the regulator, after pulling his previous pick — former CFTC Commissioner Brian Quintenz — earlier this month.
As the report noted, the...
SoftBank has reportedly taken another step toward completing its massive $30 billion investment in OpenAI.
The Japanese conglomerate’s board has greenlit a second installment of $22.5 billion restructuring that would set the stage for an eventual public offering, The Information reported Saturday (Oct. 25), citing a source with knowledge of the decision.
The report noted that this...
Artificial intelligence (AI) is reportedly helping employees scam their bosses with phony expenses receipts.
The rise of new image generation models from companies like Google and OpenAI have led to a wave of AI-generated receipts submitted in-house, the Financial Times (FT) reported Sunday (Oct. 26), citing interviews from leading expense software platforms.
For example, software...
Stablecoin payment volume has ballooned in the wake of new U.S. cryptocurrency legislation.
More than $10 billion flowed through stablecoins in August for goods, services and transfers, according to a recent report from blockchain data provider Artemis Analytics.
That figure is up from $6 billion in February and more than twice the volume from August of last year, according to a...
You used to stop for unleaded. Now you stop for unctuous. Somewhere between the windshield squeegee and the air pump, America’s pit stops quietly swapped day-old hot dogs for black‑truffle chips, balsamic jam burgers, and, yes, charcuterie you’d actually serve to friends. Your road trip playlist? It’s now paired with single-origin coffee and barbacoa on fresh-pressed tortillas.
Why...