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The volume of bankruptcy filings has been climbing, particularly among small businesses. But analysts note that the numbers are still below pre-pandemic levels.
2h ago -
In pitting AI agents against historic 60-40 portfolio results, JPMorgan found AI won every time. But researchers could not rule out the possibility that the systems could have essentially cheated.
7h ago -
The Honolulu-based company said it plans to acquire TriCo Bancshares in Chico, California, and retain all of the seller's 68 branches.
9h ago -
The card network may sell a London-based processing subsidiary, reportedly amid government pressure on U.S. payments domination in local markets.
10h ago -
A group of 24 state-focused advocacy groups are banding together to form a national coalition to fight against industry lobbies as a federal EWA law threatens states' regulatory independence. Opponents of EWA say it resembles payday lending.
10h ago -
The HR software is used by scores of U.S. banks, including many of the largest ones. The case also raises broader questions about job candidate screening and who is liable when an AI tool causes disparate impact.
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