Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and resolution required by law. The investigation was led by Oregon and Texas, the Oregon Department of Justice said in a Wednesday (July 8) press release. The states alleged…
India’s listed new-age ecosystem is projected to reach USD 1 trillion market capitalisation by 2030, driven by a robust pipeline of companies preparing to tap public markets, according to a report released by strategy consulting firm Redseer on Thursday. The report, Redseer India IPO Report: 2026, said the country currently has around 210 new-age companies…
“Education is Influence” becomes the guiding theme of this year’s programme, highlighting the central role of sommeliers, educators, hospitality professionals, journalists, travel specialists and trade leaders in shaping the future of Italian wine. VERONA, Italy, July 9, 2026 /PRNewswire/ — The new theme of wine2wine Vinitaly Business Forum / Vinitaly.USA 2026 was unveiled on July 5th during…
Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared service centre for Raiffeisen Bank International (RBI), has upgraded to the company’s next-generation reconciliation platform, BRx Match. The implementation is designed to support CRISP’s expanding business needs, improving efficiency, transparency and accuracy across markets in Europe and…
The growth of home prices is now anticipated to decelerate to merely 1.2% in 2026, a rate slower than previously predicted and one that does not keep up with inflation, indicating that home prices are effectively decreasing in real terms, according to the Realtor.com 2026 Forecast Midyear Update. This slowdown in home price growth occurs…
Some hedge fund managers have in recent weeks posted their worst trading results in almost a year, as many got caught in crowded trades amid highly volatile markets, according to Goldman Sachs. Goldman said in a note dated Wednesday that systematic managers – sometimes called quant funds – that use algorithms to trade market trends,…
Hawaii has some built in disadvantages in just about any state competitiveness ranking. Its location makes almost everything expensive. Its size limits development. And many of the usual measures of infrastructure don’t apply — freight rail service is crucial on the mainland, for example, but it is irrelevant on a Pacific island chain. So,…
High mortgage rates coupled with record-high prices are causing homebuyers to pull back. Sales of previously owned homes in June dropped 2.4% from May to 4.09 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were predicting a slight gain month over month. June sales were, however,…
Marc Nachmann, Goldman Sachs global head of asset and wealth management. CNBC Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market for outsourced corporate investing. The mandates include about $30 billion in…
Pending home sales ticked up as housing payments temporarily dipped down. U.S. pending home sales rose 1.3% from a week earlier to their highest level since the first half of May during the four weeks ending July 5. This data is seasonally adjusted. Homebuying demand picked up partly because of temporarily declining mortgage rates. The…