The U. S. Consumer Financial Protection Bureau (CFPB) has decided to cancel a plan to keep track of non-bank financial companies that break the rules. This idea was first proposed during the Biden administration to help catch and stop repeat offenders. But now, the CFPB says the costs of keeping thi
Chainlink's native token, LINK, is currently trading around $18, showing some movement in a busy Tuesday trading session. This comes as Chainlink continues to make progress in real-world applications. A big deal was announced today. Chainlink has teamed up with Balcony, a platform that turns real e
Big changes are happening at Bank of America. The bank just promoted some key people in its technology and media teams. Matthew Sharnoff and Johnny Williams are now the new leaders for global tech investments. They will work together as co-heads. Sharnoff has been with the bank for over 25 years. Wi
A well-known Nigerian writer, Wole Soyinka, has revealed that the United States has canceled his visa. This news comes after he had been granted a visa last year. The 91-year-old writer, who won the Nobel Prize in Literature in 1986, mentioned that he was instructed to apply again if he wishes to vi
Texas is making waves by suing the companies behind Tylenol, Johnson & Johnson and Kenvue. The state's attorney general, Ken Paxton, claims these companies have been misleading pregnant women about the safety of Tylenol. He says they've known about possible risks but kept quiet to keep making money.
Pave Bank has secured $39 million in funding, with Accel leading the charge. This company is on a mission to blend traditional finance with the world of digital assets. Imagine a bank that handles both regular money and digital currencies seamlessly. That's what Pave Bank offers. It provides deposit
In a move to boost their market presence, Huntington Bancshares has decided to acquire Cadence Bank. This isn't just any deal; it's a massive $7. 4 billion all-stock agreement. Why are they doing this? Well, regional banks like Huntington are feeling the pressure to grow and compete with the big sho
Food banks in the U. S. are already struggling to meet the needs of those facing hunger. Rising food costs have pushed more people to seek help. Now, with federal funding for the SNAP program set to run out, the situation is about to get worse. The SNAP program, which helps about 42 million America
People are always on their phones, and banking is no exception. Over half of users check their banking apps daily, with a quarter doing so multiple times a day. Mobile banking is huge, but many banks are not keeping up with what users want. Users expect their banking apps to be personalized, but 51
In a significant move for gender equality, Japan has appointed its first female finance minister, Satsuki Katayama. This is a big deal because, in a country where politics has been male-dominated for ages, Katayama's appointment is a step forward. Katayama is not just any finance minister. She has
