shadow banks

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

(Photo Credit: Avery Evans/Unsplash)

The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read

Photo by Ernie Journeys via Unsplash

Banking

US Lenders Have $1 Trillion Tied Up in Shadow Banks

The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

2 min read

Photo by Daniel Korpai via Unsplash

Media & Entertainment

Apple Wants in on the News Business, but its News AI Is Alienating Publishers

According to the Financial Times, Apple is ramping up its Apple News division. But can it fix its irritating AI hallucinations?

2 min read
Photo by TechCrunch via CC BY 2.0

Artificial Intelligence

Nvidia, Anthropic Refuel the AI Hype Train

Nvidia, the chipmaking king, has announced a slew of consumer-focused hardware, including a $3,000 “personal AI supercomputer” called Digits.

2 min read
Photo by Ajay Suresh via CC BY 2.0

ETF Upside

FINRA Faces Big Legal Battles in 2025

The Wall Street watchdog is facing criticism from lawmakers, along with two lawsuits, that could theoretically redefine the agency.

2 min read

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