Are Midterm Elections a headwind for stocks?
Are Midterm Elections a headwind for stocks?
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The US Navy wants to build a new “AI-first” fleet, and it’s betting that better data, faster technology adoption, and more tech-savvy sailors will help make it happen. The service’s newly released strategy focuses on using AI and data in more ways and relies on ensuring sailors are proficient with the technology and can keep…
Why Decentralized Systems Can’t Clear the CFO Sniff Test
Blockchain finance innovation focused so much on using technology to remove intermediaries that it hasn’t yet had time to ask many different questions. One of the more pressing ones, at least for the enterprise and institutional space, is: Once the intermediaries are gone, who takes responsibility when something goes wrong? Finance teams and enterprise back…
Bank Rate maintained at 3.75% – April 2026 Monetary Policy Summary and Minutes
Monetary Policy Summary, April 2026 At its meeting ending on 29 April 2026, the Monetary Policy Committee (MPC) voted by a majority of 8–1 to maintain Bank Rate at 3.75%. One member voted to increase Bank Rate by 0.25 percentage points, to 4%. The conflict in the Middle East means that prospects for global energy…
Samsung Unveils Barclays-Backed Credit Card in Financial Services Push
Samsung is seeking to make the next stage of its ecosystem strategy extend beyond smartphones and into the wallet. The company is entering the U.S. credit card market with the Samsung Galaxy Card, a move designed to deepen engagement with its ecosystem and expand its role in consumers’ everyday financial lives. Issued by Barclays U.S….
Firm360 announces tax prep automation capacities
Accounting practice management solutions provider Firm360, in partnership with tax prep software company Juno, announced Firm360 AutoPrep, for firms doing tax prep on major tax software. Processing Content AutoPrep takes the client tax documents firms already collected in Firm360 and turns them into entered, verified data in their tax software, with no manual typing. Firms…
ITFC signs $3.3bn financing program with Bangladesh
ITFC has signed a $3.3 billion financing deal with Bangladesh for FY2026-27 to support fuel and fertiliser imports. The funding comes as disruption in the Strait of Hormuz threatens Bangladesh’s energy and food security. The deal extends ITFC’s long-standing financing partnership with Bangladesh. The International Islamic Trade Finance Corporation (ITFC) – a faction of the…
