News & Articles
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In recent weeks, the finance world has been abuzz with news of significant developments that could have far-reaching implications for individuals and the economy at large. From Oracle's massive AI layoffs to the ongoing student loan crisis and the looming challenges facing Soc...
In a significant development, a Manhattan judge has cleared the way for Arbitrum DAO to transfer $71 million in frozen Ether to Aave, a decentralized finance platform. The funds were initially linked to a North Korea hack, but the judge's decision now allows for the transfer w...
In a significant development, a Manhattan judge has granted permission for Arbitrum DAO to transfer $71 million in frozen Ether to Aave, a decentralized finance platform. The funds in question were linked to a North Korea hack, raising complex legal and ethical considerations....
The U.S. economy added 115,000 jobs in April, nearly doubling economists' expectations and signaling continued resilience in the labor market. The unemployment rate remained unchanged at 4.3%, a historically low level, even as hiring cooled from the previous month's gains. Whi...
Everest Group, Ltd., a prominent underwriting organization specializing in reinsurance and specialty insurance solutions, has recently named Lisa Davis as the Head of North America Wholesale & Specialty. This strategic appointment marks a significant development within the com...
In today's fast-paced digital world, consumers expect instant gratification in every aspect of their lives, including insurance payouts. A recent study revealed that less than a quarter of consumers receive instant insurance payouts, highlighting a significant gap in the indus...
In a significant development within the financial technology sector, Kalshi, a prediction market platform, has confirmed a staggering $1 billion raise at a valuation of $22 billion. This funding round, known as Series F, marks a substantial milestone for the New York-based fir...
PhonePe, a leading digital payments platform in India, has recently launched an innovative artificial intelligence agent that is set to transform the way merchants integrate the company's payment gateway. This AI-powered integration layer allows merchants to seamlessly integra...
Mercury General Corp. recently reported a significant turnaround in its financial performance, swinging to a $190.4 million net profit in the first quarter of 2026 from a $108.3 million net loss in the same period a year earlier. Despite this positive development, the catastro...
In the world of finance, the concept of money has always been synonymous with freedom. The ability to earn, save, and spend money has long been seen as a fundamental aspect of personal autonomy and independence. However, as the digital age continues to evolve, a new form of cu...
American International Group (AIG), one of the largest insurance companies globally, has announced its agreement to sell about 25 million shares of Corebridge Financial Inc. common stock, marking its complete exit from the company. The sale is expected to generate net proceeds...
Bitcoin has once again captured the attention of investors as it surged towards the $82,000 mark, driven by a combination of factors including geopolitical tensions and market dynamics. At the same time, oil prices experienced a significant drop of 6% on renewed hopes for a pe...