Fintech apps push short-term instalment debt for essential needs like electricity, rent, groceries, and medical care.
Browsing: Finance
Rebel Creamery files for Chapter 11 bankruptcy after a $23.8 million trademark judgment over allegedly copied Van Leeuwen packaging.
Elon Musk’s 48.4% SpaceX stake is valued at nearly $907 billion, though he says some shares remain subject to vesting conditions.
A single Powerball ticket sold in Illinois won the $1.04 billion jackpot, the eighth-largest prize in Powerball history.
Bank of America will acquire up to a 49.9% stake in Jio Credit for $1.9 billion, strengthening its presence in India’s financial sector.
Google co-founder Sergey Brin has now contributed more than $100 million to Build a Better California
Representatives for Dubai-based Indian businessman Satish Sanpal have denied recent media reports linking him to a money laundering investigation
Amazon became the latest U.S. company to surpass a $3 trillion market valuation on Monday, reaching the milestone for the first time
New York sues Kalshi, seeking $36 billion in penalties over alleged illegal gambling and unlicensed prediction markets operations.
Elon Musk’s X has launched X Money, an invite-only digital payments service offering real-time transfers
Sports betting firms invest $72 million in the 2026 U.S. midterms, influencing key races as gambling regulation debates intensify
RFK Jr. paused more than $1 billion funding to California and Minnesota over allegations of fraud and noncompliance.
JPMorgan Chase, Goldman Sachs, Bank of America and other major U.S. banks kick off earnings
Indian American finance leader to advance TaskUs’ AI-focused strategy create sustained long-term value for shareholders.
Gold has surpassed U.S. Treasuries as the world’s largest reserve asset, with 89% of central banks expecting global gold reserves to rise.
Tesla caps employee AI tool spending at $200 weekly, requiring approval for higher usage to control costs while expanding AI adoption.
Ford employee fired over a $1.95 cookie was reinstated after bank records proved payment, raising workplace fairness concerns.
Forecasting shops predict massive private hyperscaler investments will push domestic tech infrastructure outlays far ahead of Chinese rivals.
The Japanese technology investor is offering corporate repayment guarantees to ease lender concerns over private market valuations.
Trump administration reportedly seeks a SpaceX stock donation for Trump Accounts as legal questions over corporate contributions remain.
Indian American energy industry veteran to lead international business, while overseeing investor relations, strategy, and IT functions.
Indian American corporate veteran to support the brand’s position in accessible, high-value fitness.
Apple Pay now lets eligible American Express cardholders redeem Membership Rewards points for everyday purchases through the digital wallet.
Crypto firms and executives have spent $189 million in the 2026 U.S. election cycle as Congress debates digital asset regulation.
The new blockchain network allows autonomous software to settle automated micropayments and establish persistent reputations without humans

