Serious credit card delinquencies for seniors spike in Q2

Federal Reserve Chairman Kevin Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years. In remarks for delivery to separate congressional panels this week, Warsh reiterated his recent tough talk on inflation, while also touting the strength of the U.S. economy and…

Ndamukong Suh wasn’t taking any chances before his first meeting with Warren Buffett. While still a college student, the soon-to-be NFL star arrived at Buffett’s office two to three hours early because he refused to risk being late, he said. The wait paid off, though. Suh said he and Buffett hit it off, talking for…

State legislatures are rapidly moving beyond broad artificial intelligence governance to regulate one of AI’s most consequential applications: health insurance coverage determinations. According to a new analysis from Sheppard Mullin’s Healthcare Law Blog, lawmakers are increasingly permitting insurers to use AI to streamline prior authorization and utilization review while drawing a firm line against allowing…

Lender SME Capital Ventures, which took control of a luxury Hudson Yards condo building at 441 West 37th Street in a foreclosure auction, will pay more than $700,000 to settle a case brought by Attorney General Letitia James alleging neglect and unpaid fees. The deal requires SME to pay a more than $523,000 balance of…

As the demand for advanced computing power reaches new heights, investors are evaluating two distinct paths in the chip industry. Deciding between Intel (INTC -5.67%) and Nvidia (NVDA +1.68%) involves comparing a legacy giant in transition against a high-flying market leader. Intel is reinventing itself by opening its manufacturing facilities to outside customers through its…

Article content MONTREAL — Birks Group Inc. (“Birks Group” or the “Company”) (NYSE American LLC: BGI) announced today its intention to voluntarily delist from the NYSE American LLC (“NYSE American”). The Company has been approved to have its Class A voting shares trade on the OTCQB Venture Market (the “OTCQB”) and anticipates launching on the…