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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…
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Seventeen years after becoming the most legendary bank robber of the internet age, Anthony Curcio was again inside a federal courtroom facing prison. It was January 17, 2026. Dressed in a casual blue suit and loose tie, the 45-year-old still possessed the handsome bad-boy charm that long had Hollywood producers after him. Once the high…
Key Takeaways Freezer or cancel a lost debit card via the bank’s app or over the phone to prevent unauthorized charges. Your liability for fraud is limited to $50 if the missing card is reported within two days. Protect yourself by monitoring your accounts regularly, setting up alerts, and using digital wallets or credit cards…
“They are always telling me how much harder their life is because they have kids.”
A distributor can know what inventory it needs to order next week before its financing system knows that the purchase exists. That disconnect becomes more consequential as goods and logistics companies grow. Among businesses with $1 million to $25 million in annual revenue, 28% identify flexible credit as an essential need. Among those with $25…
Iran has considered attacking U.S. military targets in Europe if the war escalates, the Financial Times reported Wednesday, citing two regime insiders. U.S. assets in Bulgaria and Cyprus were weighed as potential targets, according to the FT’s report. CNBC has reached out to Iran’s Military of Foreign Affairs for comment and has not independently verified…
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HANGZHOU, CHINA – JUNE 17: An Unitree G1 humanoid robot presents martial arts and dance performance for tourists at West Lake scenic area on June 17, 2026 in Hangzhou, Zhejiang Province of China. (Photo by Long Wei/VCG via Getty Images) Vcg | Visual China Group | Getty Images Unitree Robotics shares closed over 460% higher…
The future is not ISOs versus ISVs. It’s ISOs and ISVs working together. By: Josh Bennett, Vice President of Partner Business Development – U.S. Bank | Elavon The payments industry continues to evolve at a rapid pace, driven by innovations such as agentic commerce, instant payments, and embedded financial services. Yet for Independent Sales Organizations…