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‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries

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VC-Backed Firms Choose Mergers and Buyouts Amid Uncertainty Around IPOs
Companies backed by venture capital (VC) firms are reportedly choosing mergers, acquisitions and buyouts over initial public offerings (IPOs). [contact-form-7] While the overall number of ex...

Report: Mistral Aims to Raise Financing for AI Cloud Service
Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of millions of euros in debt from French lenders. [contact-for...

NY Fed Finds Inflation Expectations Ease, but Spending Outpaces Income
The June Survey of Consumer Expectations by the Federal Reserve Bank of New York, released Tuesday (July 8), found at least some optimism on inflation, where price increases are still likely to be ele...

Momentum Commerce Says Amazon Prime Day Sales Down 14% in First 4 Hours
The first four hours of Amazon’s Prime Day event reportedly saw sales figures that were 14% lower than those at the beginning of last year’s event, Bloomberg reported Tuesday (July 8), citing data...

Propel Finance Raises $2 Billion to Fund UK Small Businesses
British FinTech Propel Finance has raised $2 billion in a new funding round. [contact-form-7] The round, announced Friday (July 4) on the company’s LinkedIn page, will help the company in ...

PayJunction and Twilio Team to Combat Manual Payment Slowdowns
Payments company PayJunction has launched an integration with customer engagement platform Twilio. [contact-form-7] The integration, announced Tuesday (July 8), lets PayJunction merchan...

Trump Media Plans ‘Crypto Blue Chip Fund’ in 3rd ETF Venture
Trump Media is reportedly making another venture into the digital assets space. [contact-form-7] The social media firm owned by President Donald Trump is planning an exchange-traded fund (ET...

Digital Wallets Unite Banks and FinTechs in Latin America’s Inclusion Push
Watch more: Latin America’s Digital Wallet Surge Forces Banks to Expand Financial Inclusion [contact-form-7] Latin America, long perceived as a region where cash was king and financial inn...

EU Cross-Border eCommerce Still Requires a Local Playbook
Watch more: Local Payment Methods Key to Winning Share Across European Markets [contact-form-7] For eCommerce firms, the European Union can present a tantalizing opportunity and a logistical...

Advanced Saudi Payments Network Struggles to Deliver Smooth Mobile Checkouts
It’s an austere landscape of sand, mountains and water. It’s also a cradle of wealth and modern architecture. But that’s not the only striking contrast about Saudi Arabia. On the one hand, the k...