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Consumers are still hungry for credit, but they’re holding off on getting new credit cards. The result? They’re spending more on their existing accounts. Average credit-card…
By Denny Jacob Shares of AvidXchange Holdings rose 16% to $9.28 on Wednesday following strong third-quarter results and a increased outlook for 2023. The stock is…
SoftBank CEO Masayoshi Son Toru Hanai/Bloomberg SoftBank Group posted an unexpectedly large September-quarter loss, reflecting ongoing losses in the company’s Vision Fund venture portfolios. Softbank’s U.S.-listed…
OpenAI said recent outages of its viral ChatGPT chatbot could be caused by targeted attacks on its servers. The company wrote on its website Wednesday evening…
The Internal Revenue Service announced on Thursday that the thresholds for income tax brackets, and the standard amount Americans can deduct, are both moving up.The moves…
BEIJING — Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to resume overseas operations.The news signals an…
How much should I spend on a holiday gift for my significant other? This is a question for the ages and causes a great deal of…
Operators of the so-called hyperscale data centers running ChatGPT and other AI chatbots are gobbling up energy much faster than renewable sources can supply it. Experts…
What’s not to love about September? School resumes en masse, blistering temps begin to mellow, and as our tans fade and we head toward the final…
Federal Reserve Vice Chair for Supervision, Michael Barr, during D.C. Fintech Week, emphasized the need for prompt regulation of stablecoins like and USDC. His remarks followed…