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.
Latest News
Donald Trump makes promise to cut drug prices, pharmaceutical stocks on Wall Street fall
Trump's recent statements during an interview with Time Magazine, has caused a significant drop in pharmaceutical stocks as Trump announced that he will be cracking down on drug price hikes when he officially holds office.
Dec 08, 2016 03:30 AM EST
Donald Trump reportedly still keeping stakes in companies despite full separation promise
Despite the turn over, Trump will reportedly still be keeping his stakes in the business amidst requests for him to divest.
Dec 08, 2016 02:59 AM EST
Donald Trump's new military pick raises concerns about his administration
Trump announced that he has selected Marine Gen. John F. Kelly as the country's new secretary of homeland security.
Dec 08, 2016 02:33 AM EST
Donald Trump Picked Terry Branstad U.S. Ambassador to China
The Governor of Lowa, Terry Branstad, has a good relationship with Chinese Leader since 1985.
Dec 08, 2016 01:41 AM EST
Trump's recent Air Force Boeing contract figures found baseless, Airbus to build new planes?
President-elect Trump just recently proclaimed that he will be cancelling the order the country has placed with Boeing seeing as that the cost for the new planes may be more than $4 billion.
Dec 08, 2016 01:39 AM EST
Trump brokers $50B US deal with Softbank, T-mobile and Sprint merger may happen
Trump had met with SoftBank Group Corp's chief executive, which apparently ended with the company agreeing to make a $50 billion investment in the United States and opening more than 50,000 jobs to Americans.
Dec 08, 2016 01:07 AM EST
Republican electoral college member will not vote for Donald Trump on Dec 19; will there be a twist in the tale?
Republican electoral college member wrote in an op-ed that he will not back the president-elect because he shows daily that he is unfit for the top job.
Dec 07, 2016 01:31 PM EST
Donald Trump wans General John Kelly for Homeland Security
Donald Trump wants retired General John Kelly as the leader of the Department of Homeland Security, according to an inside source.
Dec 07, 2016 12:52 PM EST
Donald Trump may still appoint Mitt Romney
According to Donald Trump, Mitt Romney is still being considered as a potential candidate to be the secretary of state.
Dec 07, 2016 11:54 AM EST
Donald Trump may still appoint Mitt Romney
According to Donald Trump, Mitt Romney is still being considered as a potential candidate to be the secretary of state.
Dec 07, 2016 11:42 AM EST
69 Percent Respondents : Trump Needs To Make A Decision of Being A President or A Businessman
The US President-elect, Donald Trump, has promised to hand out of his business empires to his children before get sworn as the president next month. Some politicians stated that Trump's words just to avoid potential conflicts of interest.
Dec 07, 2016 09:57 AM EST
China calls Donald Trump ‘rookie’
China has made fun of Donald Trump and his inexperience in international politics. The Chinese media has called the US president-elect a “diplomatic rookie.”
Dec 07, 2016 09:00 AM EST
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