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Location American Business News for 23 June 2024
How to stay motivated at work this summer(and still enjoy yourself) Summer can be the perfect time to prioritize meaningful goal-setting, say these experts. Welcome to Work Smarter, Fast Company‘s newsletter on career, leadership, and productivity advice. You can sign up to receive thi...
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US Government to Report Seized Crypto as 'Nonmonetary Property' The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary ...
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Ripple CEO Hails Latest Court Ruling 'a Big Win' -- Calls His Lawsuit Baseless Troll Attempt Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of its...
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Anthropic CEO Dario Amodei on Being an Underdog, AI Safety, and Economic Inequality Dario Amodei spoke with TIME about AI safety, the company's culture, and economic inequality.
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Taylor Swift's economic clout has now come for Europe

Business Insider - 23 Jun 2024 12:53
Taylor Swift's economic clout has now come for Europe Over the last year, Swift's Eras Tour injected billions into the US economy. She could do the same thing for Europe.
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How Pet Care Became a Big Business

The New York Times - 23 Jun 2024 11:00
How Pet Care Became a Big Business People have grown more attached to their pets -- and more willing to spend money on them -- turning animal medicine into a high-tech industry worth billions.
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Multinational insurer Prudential PLC announces $2 billion stock buyback Prudential PLC announced a $2 billion share-repurchase program Sunday, starting with a $700 million tranche.
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Anthropic CEO Dario Amodei says AI will change the economy so drastically that a universal basic income won't be enough.
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Binance Helps Btcturk With Hack Investigations -- Freezes Over $5.3M in Stolen Funds Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over ...
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This stock index - which you maybe never heard of - is nearly as vibrant as tech With AI hype dominating the stock market, you can probably guess - and guess correctly - that this year's top-performing global stock sector is tech. But which sector has come in just a whisker behind it?
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UPS sells its Coyote Logistics business to RXO for $1 billion United Parcel Service Inc. said Sunday it has agreed to sell its freight-brokerage business, Coyote Logistics, to RXO Inc. for $1.025 billion in cash.
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Bitcoin offers 'economic immortality,' will reach $10M per coin-- Michael Saylor Saylor's comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.
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Trump is trying to win a nonconsecutive term. Here's how another president did it. Donald Trump is looking to become the second president to win nonconsecutive terms, after Grover Cleveland. A Cleveland biographer offers his take on the 1892 and 2024 elections in this Q&A.
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The SBA is offering disaster loans to Louisiana businesses and residents affected by severe weather and tornado; apply by August 16, 2024.
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Bitcoin's Power Law Model Gains Traction Despite Market Fluctuations In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become...
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Can generative AI help build a global hive mind?

Venture Beat - 23 Jun 2024 21:15
Collective Superintelligence will use emerging generative AI technologies to connect large human groups into real-time deliberative systems.
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The unregulated multibillion-dollar life coaching industry can be a haven for discredited therapists Therapists who lose their licenses, even for serious reasons, are sometimes rebranding themselves as life coaches and continuing their work.
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How to watch USA vs. Bolivia: Live stream Copa America

Business Insider - 23 Jun 2024 21:00
How to watch USA vs. Bolivia: Live stream Copa America The USMNT will play Bolivia in Copa America on Sunday. We'll show you how to live stream the match from anywhere.
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Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929 As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidi...
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Building out banking-as-a-service: Anabel Perez

American Banker - 23 Jun 2024 20:02
Building out banking-as-a-service: Anabel Perez The CEO and Co-founder of NovoPayment is one of American Banker's 2024 Most Influential Women in Fintech.
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Building a fintech future: Alex Ford

American Banker - 23 Jun 2024 19:57
Building a fintech future: Alex Ford The President of the North Americas for Encompass is one of American Banker's 2024 Most Influential Women in Fintech.
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Car dealers continue to idle as software firm slowly recovers from massive cyber hack Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the proces...
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