Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud

Alex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021. Andreas Rentz | Getty Images Quasi-governmental financial firm Fannie Mae on Wednesday announced a partnership with defense tech player Palantir to detect mortgage fraud, deepening ties between the federal government and a company that has been … Read more

Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show

Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released Wednesday show. The summary of the May 6-7 meeting of the Federal Open Market Committee reflected ongoing misgivings about the direction of fiscal and trade policy, with officials ultimately … Read more

Nirvana Charts A New Single, 30 Years After Breaking Up

Nirvana’s Live at the Tunnel, Rome debuts at No. 94 on the U.K. Official Physical Singles chart, … More marking the band’s seventh entry on the tally. Singer-songwriter and guitarist Kurt Cobain (1967 – 1994) performing with American grunge band Nirvana at Palasport, Modena, Italy, 21st February 1994. (Photo by Raffaella Cavalieri/Redferns/Getty Images) Redferns It’s … Read more

Report: Blackrock Eyes 10% Stake in Circle’s IPO

Blackrock Inc. intends to acquire roughly 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO). Bloomberg first reported the news, citing people familiar with the matter. The move positions the world’s largest asset manager at the center of a high-profile public debut linking Wall Street with digital assets. The … Read more

Best Cryptos Under $1 to Buy Now – Arbitrum, Kaspa, MIND of Pepe, BTC Bull

While Bitcoin now dominates headlines with its staggering price tags, it’s easy to forget that it too once traded for less than a dollar. Today, a new wave of affordable cryptocurrencies is catching investors’ attention, offering strong fundamentals and technical promise at a fraction of the cost. Among the most talked-about are Arbitrum and Kaspa, … Read more

BlackRock to Purchase 10% of Circle’s IPO: Report

BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to raise $624 million in its initial public offering Cathie … Read more