Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp.
Paytm’s market capitalisation is down to nearly $2.5 billion after a ninth straight session of declines. This and more in today's ETtech Top 5.Also in the letter:■ Happiest Minds Tech Q4 profit up 25%■ Brazilian payment co Ebanx’s India entry■ Akaimai to deploy edge computing units Paytm nears $2.5 billion in market cap as shares tumble 109923814Shares of Paytm parent One 97 Communication continued to fall for the ninth straight session on the BSE, with the fintech’s market capitalisation...
The two year horizon is the important one for the Reserve Bank of New Zealand, it views this as as a reasonable time frame over which its policy changes impact.NZD/USD had dropped on the data release, traders reading it as a positive for rate cuts ahead, at the margin.
Main Street Financial Solutions LLC boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Free Report) by 83.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,130 shares of the company’s stock after purchasing an additional 2,330 shares during the quarter. Main Street Financial Solutions LLC’s holdings in […]
Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion. WaFd said in a Friday (May 17) filing with the Securities and Exchange Commission (SEC) that the deal involves 2,000 commercial multi-family real estate loans with a current aggregate unpaid principal balance […]
In a ground-breaking move, global leaders on Tuesday made an unprecedented financial pledge to tackle the dirty cooking fuels crisis, which silently claims millions of lives across Africa. The Summit on Clean Cooking in Africa, chaired jointly by the leaders of Tanzania and Norway, alongside the African Development Bank, secured financial commitments from governments, development […]
Livongo cofounder Glen Tullman wants to help employers lower healthcare costs with AI, but it may be just another Band-aid for America's $4.5 billion healthcare bill.
You won't catch Warren Buffett chasing the latest stock market trend, but many companies in Berkshire Hathaway's portfolio are benefiting from AI nonetheless.
Prior +2.2%HICP +2.4% vs +2.4% y/y prelimPrior +2.3%Core annual inflation is also seen easing slightly to 3.0%, down from 3.3% in March at least. However, Destatis notes that core prices in general though have been trending higher since January this year. So, that will be one to watch in the months ahead as we phase out the base effects further going into next year.
For the past two months, Bitcoin (CRYPTO: BTC) has lived up to its reputation as one of the most volatile assets in the world. After hitting a new all-time high of $73,750 in mid-March, Bitcoin quickly dropped below $57,000 by the end of April. For now, Bitcoin has recovered nicely to the $62,000 level. But questions still remain about where […]
Edmunds presents the pros and the cons of paying cash for a car.