Visa reportedly considering Airwallex investment to drive cross-border payments business

Visa is reportedly in discussions to participate in Airwallex’s Series E extension. Visa may see an opportunity to capitalize on Airwallex’s offerings as cards become more popular for B2B payments. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The news: Visa is reportedly looking…

Trump views Rep. Jim Jordan as his top congressional ally if he wins a 2nd presidential term, report says

Ohio Rep. Jim Jordan (L), former President Donald Trump (R). Jacquelyn Martin – Pool/Getty Images (L), Erin Schaff/Getty Images (R) Trump views Rep. Jim Jordan as his top congressional ally if he wins a 2nd term, Axios reports.  Jordan is poised to lead high-profile congressional investigations if the GOP wins back the House. Trump and…

I showed my embarrassingly messy investment portfolio to a financial planner, and she identified 4 mistakes I should stop making

The author, Jen Glantz. Daphne Youree As a rookie investor, I know my portfolio is a mess. So I asked a financial planner how to clean it up. She said I have too much crypto and should limit it to 3-5% of my portfolio.  She recommended a 3-fund strategy: a US index fund, an international…

Sen. Tammy Baldwin, who is gay, says she confronted Marco Rubio in an elevator after he said a same-sex marriage vote was a ‘stupid waste of time’

Sen. Marco Rubio; Sen. Tammy Baldwin. Saul Loeb-Pool/Getty Images; Ian Forsyth/Getty Images Sen. Marco Rubio called a vote on a bill to codify same-sex marriage into federal law a “stupid waste of time,” CNN reported. He made the comments in front of openly gay Democratic Wisconsin Sen. Tammy Baldwin. Baldwin told CNN that she confronted…

A DC police officer attacked during the Jan. 6 Capitol riot was heckled by protesters after Thursday’s Jan 6. Committee hearing

Former Washington Metropolitan Police Department officer Michael Fanone listens as the House select committee investigating the Jan. 6 attack on the U.S. Capitol holds a hearing at the Capitol in Washington, Thursday, July 21, 2022. AP Photo/J. Scott Applewhite A former DC cop who was attacked on January 6 was heckled by protestors after Thursday’s…

Canceling student debt isn’t as easy as it seems, a top student-loan official says: ‘There’s a lot of twists and turns’

US President Joe Biden looks on prior to a signing ceremony in the East Room of the White House in Washington, DC, on May 25, 2022. JIM WATSON/AFP via Getty Images Under Sec. of Education James Kvaal said that canceling student debt is not as easy as it seems. He noted he is still continuing…

Social media stocks fall after dismal Snap earnings as investors fret over ad sales slowdown

Early price indications on Snap Portia Crowe/Business Insider Snap’s second quarter earnings bomb sparked a sell-off in shares of Meta and other social media stocks.  Snap reported $1.1 billion in revenue, short of expectations for $1.14 billion. The bad news has sparked a major sell-off in social media stocks, expected to wipe away $76 billion…

Ukraine and Russia sign deal to allow grain exports from blockaded Black Sea ports amid growing fears of global food catastrophe

Grain at a port in Ukraine. Getty Images Russia and Ukraine came to an agreement to allow grain exports from blockaded Black Sea ports.  The deal is aimed to help avoid a “food shortage catastrophe.” The Secretary-General of the UN called the deal a “beacon of hope, possibility & relief.” Ukraine and Russia signed a…