EU leaders aim to appoint new ECB chief in December, official says
EU leaders aim to appoint new ECB chief in December, official says
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Clarity Stall Leaves Banks and Exchanges Looking to SEC
Crypto markets lost their big Washington vote Tuesday (Sept. 15). But the more important fight may be the one that finally came out into the open. The Digital Asset Market Clarity Act had been billed as the long-awaited rulebook that could pull cryptocurrency deeper into the regulated U.S. financial system. Its failure to advance, with…
Philanthropic planning is wealth management’s next competitive frontier, beyond DAFs
Bailey stepped into the president’s role at Foundation Source in March 2026 at a moment of significant industry pressure. The Philanthropic Initiative’s recent research found that 88 percent of high-net-worth clients report having discussed philanthropy with their advisor, up from 67 percent in 2018, while 99 percent of advisors agree these conversations matter. But only…
X user questions extra verification after OTP for ₹1.05 lakh credit-card payment; what RBI rules say
A social media post by a credit-card user has raised questions about why a bank may seek additional confirmation for a payment even after the transaction has been authenticated through an OTP. Sandeep Hegde said on X that he paid ₹1,05,411 towards his HDFC Bank credit-card bill, entered the OTP and received the usual confirmation…
We need a Department of AI, or we risk pushing the U.S. economy over the brink
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AI’s biggest profits now come from betting on itself
Across the Magnificent Seven, the group of megacap firms that also includes Microsoft, Meta, Apple, Tesla, and Nvidia, the seven together booked US$315.6bn in net profit for the second quarter, of which US$134.6bn, or about 42 percent, came from investment gains, Satori founder Matt King told The New York Times after adjusting the reported figures for…
Hundreds of robots are roaming this Chinese theme park. It’s only the beginning of our humanoid future
The Chinese robot manufacturer AgiBot just released more than 300 autonomous robots into a theme park to let them mingle freely with the public. It’s the largest deployment of this kind ever. In fact, this embodied AI invasion dwarfs any other public deployment of robots in China. Nothing in the West gets close to it….
