Weak US job data fuels Fed rate cut speculation

U.S. economic indicators have taken a disappointing turn, with dismal job growth figures spurring a rally in Treasuries and renewed chatter about an imminent Fed rate cut. As payroll gains falter and unemployment inches upward, the mood on Wall Street is a mix of concern and resigned humor at the stubborn labor market.

Back to Top / Friday, September 5, 2025, 9:21 am / permalink 13889 / 2 stories in 6 months

Stripe, Paradigm Lead New Blockchain for Stablecoins

Stripe, in partnership with Paradigm (and notable tech players), is unveiling a dedicated blockchain aimed at accelerating stablecoin transactions. The venture promises enhanced speed and security in stablecoin processing, marking a bold fusion of traditional fintech and emerging distributed ledger technology.

Back to Top / Thursday, September 4, 2025, 7:20 pm / permalink 13856 / 2 stories in 6 months

Lloyds initiates sweeping staff overhaul amid performance cuts

Financial giant Lloyds is undergoing a major restructuring that could see thousands of employees dismissed in a drive to boost operational efficiency. The performance overhaul has sparked widespread concern among staff and signals a dramatic shift in the bank’s long-term strategy.

Back to Top / Thursday, September 4, 2025, 4:21 am / permalink 13747 / 1 stories in 6 months

OpenAI Employee Secondary Share Sale Totals $10.3B

OpenAI has expanded its secondary share sale, letting current and former employees cash in on shares totaling about $10.3 billion. The move, detailed by The Information, underscores the company’s financial maneuvering amid rapid AI growth and market excitement.

Back to Top / Wednesday, September 3, 2025, 8:20 pm / permalink 13739 / 1 stories in 6 months

Stripe Pushes Back on JPMorgan’s New Data Fees

PYMNTS / pymnts - Stripe said in comments submitted to the Consumer Financial Protection Bureau (CFPB) that while the regulator finalizes its revisions to the open banking rule, Rule 1033, it should ensure that banks do not “unlawfully charge access fees” for connecting co…

Back to Top / Tuesday, September 2, 2025, 9:22 pm / permalink 13636 / 2 stories in 6 months

Latin America-Focused FinTech Kapital Valued at $1.3 Billion

PYMNTS / pymnts - Mexico City-based FinTech company Kapital said Tuesday (Sept. 2) that it doubled its valuation to $1.3 billion and became “Latin America’s first AI unicorn.” The company said this while announcing in a press release that it raised up to $100 million in a …

Back to Top / Tuesday, September 2, 2025, 6:21 pm / permalink 13627 / 1 stories in 6 months

Kraft Heinz to Split Into Two Public Companies

Seeking to maximize shareholder value and move past a disappointing merger, Kraft Heinz is set to break up into two separate publicly traded companies. This structural overhaul represents a significant strategic pivot for the storied food conglomerate as it aims to refocus and unlock value in distinct operational segments.

Back to Top / Tuesday, September 2, 2025, 2:21 pm / permalink 13587 / 0 stories in 6 months

Activist Elliott Takes $4B Stake in PepsiCo

In a bold financial maneuver, activist investor Elliott Management has built a $4 billion stake in PepsiCo. This move, led by Paul Singer, signals a potential shift in governance strategy for the beverage giant as market watchers speculate on the long‑term implications of the activist’s influence.

Back to Top / Tuesday, September 2, 2025, 10:22 am / permalink 13547 / 0 stories in 6 months

Klarna announces plans to IPO in New York

sifted -

Back to Top / Tuesday, September 2, 2025, 7:20 am / permalink 13530 / 7 stories in 6 months

Gold surges past $3500 on rate cut speculation

Gold prices broke the $3500 mark as rate cut bets and a weakening dollar propelled the precious metal into record territory. Market watchers note this rally may be as much an ironic nod to traditional safe-havens as it is a genuine reaction to shifting monetary policy sentiment.

Back to Top / Monday, September 1, 2025, 11:20 pm / permalink 13521 / 1 stories in 6 months

Revolut valued at $75bn in secondary share sale, reports say

sifted -

Back to Top / Monday, September 1, 2025, 10:20 am / permalink 13487 / 4 stories in 6 months

Reliance Jio’s IPO In First Half Of 2026, With Plans To Expand Beyond India

Kamya Pandey / medianama - Reliance has revealed its plans for Reliance Jio's IPO in the first half of 2026, as the company focuses on expanding outside India.The post Reliance Jio’s IPO In First Half Of 2026, With Plans To Expand Beyond India appeared first on MEDIANAMA.

Back to Top / Friday, August 29, 2025, 9:20 am / permalink 13374 / 1 stories in 6 months

Levchin Says Affirm ‘Firing on All Pistons’ as Active Card Users Surge 97%

PYMNTS / pymnts - Affirm notched new highs across several business lines in the June quarter, as buy now, pay later (BNPL) momentum continued online and in-store, underpinned by 0% APR monthly installment loans. The company’s materials, released Thursday (Aug. 28) showed t…

Back to Top / Thursday, August 28, 2025, 8:20 pm / permalink 13354 / 2 stories in 6 months

CFTC guides crypto exchanges for U.S. market entry

The Commodity Futures Trading Commission has outlined a regulatory framework permitting offshore crypto exchanges to onboard U.S. users. The detailed guidance emphasizes strong compliance and is expected to reshape cross‐border crypto operations amid increasing global regulatory focus.

Back to Top / Thursday, August 28, 2025, 5:20 pm / permalink 13338 / 1 stories in 6 months

M0 raises $40M to build custom ‘universal stablecoin’ infrastructure for developers

Kyt Dotson / siliconangle - M0 Foundation, a platform building infrastructure for crypto apps and protocols to create application-specific stablecoins, today announced it raised $40 million in early funding to allow developers to deploy custom digital currencies. Polychain Capital, …

Back to Top / Thursday, August 28, 2025, 3:21 pm / permalink 13330 / 2 stories in 6 months

Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform

PYMNTS / pymnts - Rain raised $58 million in a Series B funding round to expand its global stablecoin infrastructure platform and services. The company’s technology is used by enterprises, neobanks, platforms and developers to move, store and use stablecoins instantly and …

Back to Top / Thursday, August 28, 2025, 11:21 am / permalink 13292 / 1 stories in 6 months

TransUnion admits 4.5M affected after third-party support app breached

Connor Jones / theregister - Credit agency offers own services as compensation Credit scoring and monitoring biz TransUnion says that it recently suffered a breach affecting nearly 4.5 million individuals.…

Back to Top / Thursday, August 28, 2025, 9:20 am / permalink 13273 / 7 stories in 6 months

Proton introduces emergency access to accounts

Ian Barker / betanews - Imagine the scenario, you’re suddenly hospitalized or incapacitated following an accident but access to important information like insurance details is locked up in your computer and online accounts which no one else can access. For this and other emergen…

Back to Top / Thursday, August 28, 2025, 6:20 am / permalink 13266 / 2 stories in 6 months

Trump Media Group Eyes $6.4B Crypto Token Deal

In a move that blurs the lines between political bravado and digital finance, Trump Media Group is reportedly plotting a $6.4 billion deal to acquire Crypto.com tokens. The plan even includes launching a crypto treasury via a SPAC, leaving industry insiders both bemused and curious about the real motives behind this high-stakes crypto maneuver.

Back to Top / Tuesday, August 26, 2025, 4:20 pm / permalink 13142 / 0 stories in 6 months

Crypto exchange Bitpanda shoots down potential London IPO

sifted -

Back to Top / Tuesday, August 26, 2025, 7:20 am / permalink 13084 / 2 stories in 6 months