Business

Amid US ban threats, TikTok's Chinese parent ByteDance is approached by Perplexity AI to merge TikTok US with Perplexity and create a new entity, retaining equity for original investors and bringing video content to Perplexity.

Published on: January 18, 2025, 09:00 PM UTC

Discover how to break the money taboo and have productive financial discussions in relationships. Learn about shared accounts, individual spending, credit cards, and the importance of understanding money types for couples.

Published on: January 18, 2025, 08:00 PM UTC

Tether, a controversial cryptocurrency linked to illicit activities and sanctioned entities, has come under scrutiny as its ties to Cantor Fitzgerald raise questions about the Commerce Secretary nominee's potential conflicts of interest. Despite Tether's claims of cooperation with law enforcement, concerns remain about its role in facilitating criminal transactions and the risks it poses to the financial system.

Published on: January 18, 2025, 07:01 PM UTC

TikTok's potential ban in the US could cost the economy billions of dollars and harm millions of businesses that rely on the platform for sales and growth.

Published on: January 18, 2025, 07:00 PM UTC

North Carolina homeowners' insurance premiums to rise 15% by mid-2026 under settlement reached between state Insurance Department and industry

Published on: January 18, 2025, 06:00 PM UTC

Bank of America to Award Stocks to Most Employees for Strong 2024 Performance

Published on: January 18, 2025, 02:01 PM UTC

Lufthansa acquires a 41% stake in Italian carrier ITA Airways, strengthening its position in Europe's aviation market.

Published on: January 18, 2025, 02:01 PM UTC

Elon Musk leads a new government commission to improve efficiency, with the goal of cutting at least $1 trillion in annual spending through deregulation, agency streamlining, and cost-cutting.

Published on: January 18, 2025, 02:01 PM UTC

Will the CFPB survive the Trump era? Trump has yet to nominate a new leader for the agency, leaving its future uncertain. Some experts believe the CFPB will become more restrained under Trump, while others worry it could be pushed into hibernation.

Published on: January 18, 2025, 02:00 PM UTC

The Consumer Financial Protection Bureau (CFPB) has been a target of Republican criticism. As Donald Trump prepares to take office, questions linger about the future of the agency, with some anticipating a more restrained CFPB and others expecting a more significant dismantling. Former director Kathy Kraninger predicts a "less activist" approach, while consumer advocates worry about the agency being effectively shut down. Trump's first term included efforts to roll back CFPB enforcement actions and change its name. However, some experts argue that the agency has survived and continues to scrutinize the banking industry.

Published on: January 18, 2025, 02:00 PM UTC