Embedded finance is an emerging software distribution model that is promising—or threatening—to reshape the financial services industry. The global embedded finance market is still nascent, but its growth potential is enormous. Do you work in the Fintech industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research. Embedded…
Monthly Archives: October 2022
Sen. Rick Scott (R-FL) meets with Seventh U.S. Circuit Court Judge Amy Coney Barrett, President Donald Trump’s nominee for the U.S. Supreme Court, on Capitol Hill on September 29, 2020 in Washington, DC. Photo by Susan Walsh-Pool/Getty Images Rick Scott said Republicans will “stand with” Herschel Walker after the candidate denied paying for an abortion….
U.S. Sen. Ron Johnson (R-WI) speaks during a hearing before Senate Committee on Commerce, Science, and Transportation at Russell Senate Office Building on Capitol Hill on March 23, 2022 in Washington, DC. Alex Wong/Getty Images Sen. Ron Johnson says it’s “inaccurate’ to call the January 6 riot an “armed insurrection.” “Now, some protesters did teach…
Alex Kantrowitz Elon Musk told Twitter he is willing to pay $54.20 per share, a source confirmed with Insider. The billionaire attempted to back out of the deal in July. Musk was set to face Twitter in Delaware court on October 17 after the company sued him over the deal. Elon Musk is offering to…
Paul Krugman. BI The market’s reaction last week to the UK’s tax cut plan indicates the government lost credibility, said economist Paul Krugman. “What Britain got instead was a leader who seems to live in a fantasy world and is oblivious to concerns about social solidarity.” Even though the UK is walking back part of…
Former President Donald J. Trump and his long-time friend, Thomas Barrack. Jeff Swensen/Getty Images, Michael Kovac/Getty Images “Confidence Man” by NYT reporter Maggie Haberman, a new book on Donald Trump, was released Tuesday. Trump told his long-time friend Tom Barrack to “get out” after advising him to concede the 2020 election. Jared Kushner said he…
Cathie Wood speaks on a panel at Miami’s Bitcoin 2022 conference. Rebecca Blackwell/AP Photo Cathie Wood’s Ark Invest snapped up Tesla shares this week for the first time since mid-June. Wood’s fund bought over 132,000 Tesla shares after the electric carmaker fell 9% Monday. Wood has earned a reputation for dip-buying in 2022 – but…
Nouriel Roubini. AP Images Nouriel Roubini slammed cryptocurrencies as a massive scam, with some coins worth less than zero. The “Dr. Doom” economist called out celebrities for promoting coins after Kim Kardashian’s deal with the SEC. Kardashian agreed to pay $1.3 million this week to settle charges of illegal coin promotion. Nouriel Roubini has torn…
The Twitter logo seen displayed on a smartphone with Elon Musk’s account in the background. Getty Images Twitter soared 18% on Tuesday after Bloomberg reported Elon Musk will move forward with his deal to buy the social media company.Musk has proposed to close the deal on the stated terms, in which he will buy the…
USS Gerald R. Ford (CVN 78) transits the Atlantic Ocean, March 26, 2022 US Navy The first-in-class aircraft carrier USS Gerald R. Ford is finally deploying. The ship, the world’s most advanced aircraft carrier, will deploy to the Atlantic. After setbacks and soaring costs, the flattop is about to be put to the test. The…