Synapse Fintech Scandal Sparks Trust Crisis, Jeopardizing Digital Banking Revolution
The collapse of Synapse, a fintech middleman, has frozen millions in customer accounts and shaken trust in digital banking. Consumers are unsure about FDIC insurance coverage and the safety of these platforms. The future of digital banking is uncertain as regulators may increase scrutiny and consumers become wary.
Jul 03, 2024 02:23 PM EDT
Car Dealerships Face Hidden Costs and Long-Term Struggles After CDK Cyberattack
Weeks after a cyberattack on a key software provider, small car dealerships are still struggling. The attack disrupted sales, service, and customer management systems, leading to lost sales, delays, and potential data breaches. The road to recovery will be long, with dealerships needing to invest in cybersecurity and regain customer trust.
Lowest July 4th Gas Prices Since 2021 Bring Economic Relief to American Households
Celebrate lower gas prices this July 4th! The national average is expected to be $3.49 per gallon, the lowest in 3 years. This offers relief for drivers planning road trips and can help offset inflation.
Rising Robusta Coffee Prices Boost Economies of Exporting Nations, Present Long-Term Challenges
The 70% surge in Robusta coffee prices is boosting economies of exporting nations like Tanzania, while posing long-term challenges such as market volatility, environmental concerns, and infrastructure needs.
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Trump reignites US-China tension by questioning commitment to One China policy
Trump recently appeared in an interview with Fox News over the weekend where he not only defended his conversation with the Taiwanese president, but also outright questioned the validity of the One China policy and how it affects the United States today.
Dec 12, 2016 01:19 AM EST
ExxonMobil CEO, Rex Tillerson awarded by Vladimir Putin with “Order of Friendship”, one of the Russian's highest honor.
I think it's really ridiculous. It's only an excuse and I don't believe in it, You know, what they talked just about all sort of things, Trump said Wallace on the interview over the weekend.
Dec 12, 2016 01:13 AM EST
Several high-profile tech CEOs confirms their attendance for Trump meeting this week
The people that have been confirmed to attend the event are among the most powerful executives of the country's largest tech firms.
Dec 12, 2016 12:53 AM EST
Trump reacts to Russia election hacking allegations, calls it 'just another excuse'
Trump reacted to the allegations and mentioned that it was just another excuse by his opponents to justify the loss of their Democratic Party candidate, Hillary Clinton.
Dec 12, 2016 12:18 AM EST
Boeing cautiously announces $16 billion Iran deal amid Trump's tariff threats
Boeing explained in their statement that the deal with Iran, which had agreed on a nuclear accord during the Obama administration, would translate to tens of thousands of jobs in the U.S. that would in turn boost the economy as a whole.
Dec 11, 2016 11:53 PM EST
Samuel Jackson hopes President-Elect Donald Trump will not destroy Hollywood
Veteran actor Samuel L. Jackson hoped Trump will not destroy Hollywood saying it 'didn't support him' but at the same time, added that the real-estate mogul did not steal this year's election.
Dec 11, 2016 01:43 PM EST
Exxon's Rex Tillerson Is Top Candidate for Secretary of State
Trump's Transition team refused a caustic statement of the report : They are the same kind who said Saddam Hussein kept the weapons of mass destructions.
Dec 11, 2016 12:33 PM EST
Fact Checkers to Mark Zuckerberg : It’s The Best Way To Reduce Fake News on Facebook
The prominent fact checkers of United States fought a battle against the fake news during the presidential campaigns.
Dec 11, 2016 10:20 AM EST
US president-elect Donald Trump rubbishes CIA's take on Russia: This is unique, isn't it?
Trump's team has lashed out at the intelligence agency over its conclusion that Russia has interfered in this presidential election to help him win
Dec 10, 2016 04:09 PM EST
Rudy Giuliani will not serve in Donald Trump's Cabinet after removing his name from consideration list
The mayor former of New York City, Rudy Giuliani, has removed his name from considered list of Trump's cabinet.
Dec 10, 2016 01:15 AM EST
Donald Trump expected to pick Goldman Sachs president as National Economic Council director
The Goldman Sachs President considered as the latest Trump's pick
Dec 09, 2016 11:51 PM EST
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