Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...
Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...
The Ethereum network underpins 65% of tokenized assets, BlackRock said in its 2026 thematic outlook....
Donald Trump has said he plans to name his nominee to run the US central bank ‘in the not too distant future’...
Cautious stance comes amid Wall St concerns over president’s attack on the Federal Reserve...
European leaders criticise stance on Arctic island, with Macron taking aim at US president’s ‘useless aggressivity’...
With American tech continuing to dominate developing the frontier of artificial intelligence, China is holding its own with globally popular cheaper models and plans for building an AI-powered economy...
French group’s shares extend declines after it joins Nestlé in recalling infant formula over fears of contamination...
A court in Guernsey, a self-governing British finance hub, upheld a German forfeiture order linked to crypto fraud proceeds....
Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...
OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...
Crypto startup Superstate helps Wall Street firms bring assets on-chain—a trend that has exploded as traditional finance and crypto converge....
Pakistan’s Ministry of Finance has signed an MOU with an affiliate of the Trump-backed DeFi project to target cross-border payments....
US airlines invest in upgraded cabins and exclusive lounges as high-end and corporate travel remains resilient...
Article URL: https://thehill.com/opinion/finance/5692543-small-business-loan-debt-trap/ Comments URL: https://news.ycombinator.com/item?id=46670568 Points: 6 # Comments: 0...
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay....
Revolut is reportedly planning to apply for a US banking license through the OCC after previously considering a bank acquisition that could have required branch commitments....
Ryanair CEO Michael O'Leary at Wednesday's press conference. Brian Lawless/PA Images via Getty Images Ryanair is escalating its feud with Elon Musk by hand-delivering an airline ticket. CEO Michael O'...
At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin....
At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance....