Coinbase and stablecoin startup BVNK call off $2 billion acquisition
One of the largest deals ever for a stablecoin startup has fallen through. Coinbase and the U.K.-based BVNK have called...
Business
Walmart Thanksgiving meal basket is 25% cheaper but has half as many items as last year
With Thanksgiving less than three weeks away, the question of how much this year’s turkey and trimmings will cost looms...
Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
Bank of America’s annual spending on new, strategic technology initiatives, which includes investments in artificial intelligence, has increased by 44%...
It’s getting harder to separate the stock market from the economy
After huge rallies or selloffs, it’s often pointed out that the stock market is not the economy, or that Wall...
AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup
Hello and welcome to Eye on AI. In this edition…Nvidia becomes the first $5 trillion market cap company…Anthropic finds AI...
WTO director-general says calling the trade wars the greatest disruption since the 1930s is ‘the understatement of the century’—but it’s not a repeat
“I think it’s maybe understatement of the century to say that global trade is facing the greatest disruption in 80...
Social Security COLA 2026: payments to go up 2.8% as inflation cools
The Social Security Administration’s annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of...
Salesforce revamps its ‘Agentforce’ offerings to try to pull customers across the gap between AI capabilities and AI adoption
Hello and welcome to Eye on AI. In this edition…A breakdown of the AI news from Salesforce’s Dreamforce…OpenAI debuts its...
World Menopause Day: support women, strengthen systems
Menopause has long been treated as a quiet, private ordeal. That silence carries a cost. On World Menopause Day, bringing...
Morgan Stanley posts biggest earnings beat in nearly 5 years with record quarterly revenue of $18.2 billion, shares up 4.7%
Morgan Stanley posted a blockbuster third-quarter earnings report on Wednesday, far surpassing analyst expectations and posting its biggest earnings beat...
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