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[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a professor of finance at Harvard Business SchoolThe turmoil in the $28tn US Treasury market following the early April announcement of tariff rises by the Trump administration revived unsettling memories of the Covid-induced meltdown in March 2020. Once again concerns were raised about how such a large market could be shaken. This in turn triggered questions about the diminished role of traditional broker-dealers in facilitating trades, and the growing presence of hedge funds as marginal buyers and intermediaries.One…

[ad_1] Sebastian Siemiatkowski is leaning all the way into the idea that his buy-now-pay-later, IPO-bound startup Klarna is an AI company. When Klarna delivered updated quarterly earnings on Monday, it was his AI avatar (pictured above) that presented the highlights, according to the company’s YouTube video. Other than AI Siemiatkowski’s admission, it wasn’t obvious that this was AI. There were only a few subtle signs: AI Siemiatkowski didn’t blink as much as most humans do. The voice sync was good, but not perfect. The AI was also wearing a brown jacket that looked a lot like the one from a…

[ad_1] LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the fundraising. Lightspeed Venture Partners, Felicis Ventures, and Kleiner Perkins also participated. Founded in 2023, LM Arena has become something of an AI industry obsession. Primarily run by UC Berkeley-affiliated researchers, LM Arena has partnered with companies such as OpenAI, Google, and Anthropic to make…

[ad_1] OpenAI is acquiring io, the device startup that CEO Sam Altman and famed Apple designer Jony Ive have quietly been working on for two years, in an all-equity deal that values that startup at $6.5 billion, according to The Wall Street Journal. As part of the unusual deal announced Wednesday, Ive and his design firm, LoveFrom, will now lead creative and design work at OpenAI. “thrilled to be partnering with jony, [in my opinion] the greatest designer in the world,” said Altman in a post on X on Wednesday. “excited to try to create a new generation of AI-powered…

[ad_1] Meta is launching a new program to incentivize startups to adopt its Llama AI models. The program, Llama for Startups, provides companies “direct support” from Meta’s Llama team, as well as funding in certain cases. Any U.S.-based firm that is incorporated, has raised less than $10 million in funding, has at least one developer on staff, and is building generative AI applications is eligible to apply by the May 30 deadline. “Members may receive up to $6,000 per month for up to six months to help them offset the costs of building and enhancing their generative AI solutions,” Meta…

[ad_1] Ramsey Solutions founder and CEO Dave Ramsey talks the reconciliation bill’s impact on the macroeconomy and small businesses and shares his best financial tips for 2025. Financial expert Dave Ramsey delivered a fiery rebuke to Washington lawmakers Monday, urging them to “do [their] job” and defend Americans’ hard-earned money. Ramsey also went to bat for small businesses, revealing the one thing that is “kill[ing]” America’s main street.  DAVE RAMSEY REVEALS HOW HE TAUGHT HIS CHILDREN FINANCIAL RESPONSIBILITY AND WHAT GEN Z CAN LEARN FROM IT”Do your job and get something passed that lets us keep our money. It’s pretty simple,”…

[ad_1] An increasing number of shoppers are using buy now, pay later financing options for groceries. More consumers in today’s economic environment are financing basic necessities like food through buy now, pay later financing options.  It’s a reality that highlights “how bifurcated the health of the consumer is today,” according to Arun Sundaram, vice president and senior equity analyst at CFRA Research.Today, a growing number of buy now, pay later users are utilizing these short-term loans to purchase groceries. Data from an April LendingTree’s report shows that 25% of such users have used the service to buy groceries, up from…

The Importance of Staying InformedIn today’s fast-paced financial landscape, staying informed about market trends and investment insights is crucial for entrepreneurs and investors alike. With a wealth of information available at our fingertips, knowing where to turn for reliable updates can make all the difference in making informed decisions.Finletix: Your Go-To Financial News SourceFinletix is a U.S.-based financial news website dedicated to covering the latest in market trends, tech innovations, and small business growth. Our platform is designed to offer smart and reliable updates that entrepreneurs and professionals can trust. With dedicated sections for various financial topics, visitors can easily…

Introduction to FinletixFinletix is a premier U.S.-based financial news website designed to deliver insightful updates on market trends, investment strategies, and technological innovations. Whether you are an entrepreneur, investor, or industry professional, Finletix strives to provide you with reliable content that will help you navigate the complexities of today’s financial landscape.Market Trends that MatterStaying informed about market trends is crucial for making sound investment decisions. At Finletix, we focus on dissecting key market movements and discussing their implications for various sectors. Our expert analysis sheds light on emerging trends, empowering you to make well-informed choices in your investments and business…

[ad_1] Coinbase Marketing Leader Di Sanborn Talks About Why Crypto Appeals to the Younger Generation – Business Insider Business Insider Share icon An curved arrow pointing right. Facebook Icon The letter F. Share icon An curved arrow pointing right. Facebook Icon The letter F. Description Angle down icon An icon in the shape of an angle pointing down. Show more This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. [ad_2] Source link