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The U.S. Senate voted Thursday (July 10) to confirm the nomination of Jonathan Gould to be comptroller of the currency for a five-year term.
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Gould was confirmed by a vote of 50- 45, with five senators not voting, according to the Senate’s roll call vote.
The vote was mostly along party lines, with 50 Republicans voting yes, while 42 Democrats, two independents and one...
JPMorgan’s CEO is worried Wall Street is underestimating the potential for higher interest rates.
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Such a thing is a “cause for concern,” said Jamie Dimon, whose comments Thursday (July 10) at an event hosted by Ireland’s Department of Foreign Affairs were reported by Reuters.
As that report noted, The Federal Reserve voted last month to leave rates unchanged. Jerome...
Bilt raised $250 million and expanded its loyalty program to include all housing categories.
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Launched in June 2021 to enable members to earn rewards on rent payments for apartments, the Bilt program now also includes condo homeowners association (HOA) fees, student housing payments and mortgage payments, Bilt founder and CEO Ankur Jain said in a letter to Bilt members...
Apple, Visa and Mastercard reportedly won a legal victory in an antitrust lawsuit.
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The tech giant and the two payment firms convinced a federal judge to dismiss the lawsuit accusing them of colluding to stifle competition, Reuters reported Thursday (July 10).
U.S. District Judge David Dugan in Illinois ruled that the merchants who brought the suit did not offer...
Elon Musk’s embattled artificial intelligence (AI) chatbot is on its way to his electric vehicles.
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“Grok is coming to Tesla vehicles very soon,” Musk wrote Thursday (July 10) on X. “Next week at the latest.”
A report by Bloomberg News noted that Musk — head of both Tesla and xAI, which owns Grok and X — had made these comments soon after presenting a new version of the...
Wells Fargo said Thursday (July 10) that it sees signs that the economy “appears to be losing some steam,” with job creation slowing and inflation expected to rise.
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The bank said in its “U.S. Economic Outlook: July 2025“ that nonfarm payrolls added an average of 130,000 jobs per month during the first six months of the year — down from 164,000 during the same period in...
Elon Musk’s xAI startup has unveiled the latest version of its flagship foundation artificial intelligence (AI) model, Grok 4.
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In a livestream on X, Musk both bragged about the model yet simultaneously fretted about the impact on humanity if the AI turns evil.
“This is the smartest AI in the world,” said Musk while surrounded by members of his xAI team. “In some ways,...
Financial operations platform Ramp has debuted its first artificial intelligence (AI) agents.
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The new offering is designed for controllers, helping them to automatically enforce company expense policies, block unauthorized spending, and stop fraud, and is the first in a series of agents slated for release this year, the company said in a Thursday (July 10) news release...
The European Commission said Thursday (July 10) that it published the final version of a voluntary framework designed to help artificial intelligence companies comply with the European Union’s AI Act.
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The General-Purpose AI Code of Practice seeks to clarify legal obligations under the act for providers of general-purpose AI models such as ChatGPT, especially those...
AI infrastructure startup New Generation (New Gen) says its platform now allows for agentic commerce.
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This new offering is designed to power secure, artificial intelligence (AI)-initiated transactions “through intelligent storefronts and embedded payment flows,” the company said in a Thursday (July 10) news release.
The platform now lets AI agents “quickly and securely...