Author: arthursheikin@gmail.com
[ad_1] Student-loan borrowers will soon start seeing changes to the way they borrow and pay off their loans.After President Donald Trump signed into law his tax and spending bill, which included major changes to student-loan repayment, the Department of Education announced it was beginning to implement some of the new provisions.The department wrote in a July 18 letter that “many” of the changes in the spending law will be implemented on July 1, 2026, including the creation of two new income-driven repayment plans. However, the department said it is working with student-loan servicers to roll out a series of changes…
[ad_1] Few details have come out about the coming updated American Express Platinum Card — including how much it will cost, as the world of premium credit cards gets ever glitzier.The company’s CEO and chief financial officer were asked about card fee growth on a second-quarter earnings call on July 18.”Given the previous conversations that we had about the timing of the platinum fee increase, it’s only sometime in the new year, in 2026, that you should see that inflection point and a bit more acceleration,” CFO Christophe Le Caillec said on the call. He added that card fee growth…
[ad_1] The startup behind the viral AI coding app Cursor is snapping up top talent from AI enterprise startups in a bid to bolster its competition with Microsoft’s GitHub Copilot and win over businesses looking to supercharge their employees with AI coding tools. In one recent case, Cursor maker Anysphere struck a deal to acquire the AI-powered customer relationship management (CRM) startup Koala, two sources familiar with the matter told TechCrunch. As part of the deal, Cursor will bring on several of Koala’s top engineers to build out a dedicated enterprise-readiness team. However, the entire Koala team will not be…
[ad_1] Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low. However, the recent launch of its chat assistant on mobile app stores was met with some hype, particularly in its home country. “Go and download Le Chat, which is made by Mistral, rather than ChatGPT by OpenAI — or something else,” French president Emmanuel Macron said in…
[ad_1] The next time you stop by Lowe’s for a new house plant, supplies to prepare for hurricane season, or a part to fix a bathroom leak, the quantity and in-store location of the product will likely have been influenced by artificial intelligence.The home-improvement retailer is using AI systems to develop a greater understanding of fast-changing customer needs and expectations and to optimize its store layouts accordingly. For example, in the case of a plant, AI could predict growing demand for a certain type of seasonal shrub and increase its orders as interest rises, then place the plants in the…
[ad_1] Tech company Astronomer is launching an investigation after its CEO, Andy Byron, appeared to be filmed embracing the company’s head of HR at a Coldplay concert.”The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly,” the company said in a statement on X. It added that “no other employees were in the video” and that reports saying Byron has put out a statement are incorrect.”Our leaders are expected to set the standard in both conduct and accountability,” the statement said.The investigation is the next chapter in a…
[ad_1] JPMorgan Chase is doing something it’s never done before: publishing equity research on a private company.The bank is moving beyond traditional stock coverage and is starting with OpenAI — a move that reflects how dominant private companies have become in today’s markets, and how Wall Street is trying to keep up.”This new offering aims to expand our coverage and research into private companies, where we continue to see growing influence and interest from our clients,” Hussein Malik, the bank’s head of global research, said in an internal memo. “Importantly, private companies are becoming increasingly relevant to various industries, especially…
[ad_1] CNN — Raging wildfires and severe storms contributed to record-high global insurance losses — totaling an estimated $84 billion — for the first six months of the year, according to a report from reinsurance broker Gallagher Re. It has been the costliest first six months of a year since 2011, when insurance losses totaled $136 billion, the report said. Weather- and climate-related events amounted to at least $81 billion in the first half of 2025, the costliest on record for such events from January to June in a given year. Insurance losses are expected to surpass $100 billion for…
[ad_1] A shocking change in late-night TV. A salacious story about Jeffrey Epstein.What do they have in common? Donald Trump.Specifically, Trump’s use of the Presidency to bend media companies to his will. It’s a power he’s used so effectively in his second term that any threat he makes has to be taken seriously. And that any decision a big media company makes will be seen through a Trump-colored lens, regardless of the facts — which ends up increasing that power.In the case of Paramount’s call to end Stephen Colbert’s late-night show, there’s no evidence that the company’s current owner, Shari…
[ad_1] ColdplayGate has emerged as the latest marketing free-for-all.Tesla, Netflix, StubHub, and the Seattle Mariners are among a growing number of brands that have quickly seized on the viral internet video, in which two people who appear to be a tech CEO and his company’s head of HR were filmed embracing on a “kiss cam” at a Coldplay concert before quickly untangling and ducking out of frame.The companies’ official accounts have posted on social media poking fun at the duo, who Coldplay front man Chris Martin and much of the internet speculated could be having an affair.”Posting a pic of…