President Donald Trump is promising more payments to voters just ahead of the Nov. 3 midterm elections — this time, to more than 20 million seniors, giving them $90 each to help pay for Medicare premiums. The announcement, made late Friday night by Trump on social media, comes after the president last month said about 1 million people would
Stablecoins have made it exceptionally easy to move money across borders instantaneously. The problem that remains for users, especially those in emerging markets, is getting those funds to their preferred local payment methods. Texas-based global payments infrastructure company Latitude aims to change this by giving businesses the infrastructure to use stablecoins to send local currency
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated with servicing the ever-growing national debt today are much higher than they were 35 years ago, analysts warn. A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment
“We’re seeing a significant shift in how Asia-based firms are looking at cross-border business,” Sarita Singh, Stripe’s regional head and MD of Southeast Asia, Greater China and South Korea, tells Fortune. “There’s been a big push to find customers and grow outside of the home country.” This marks a departure from the earlier playbook of
As the controversial vehicle surveillance giant Flock Safety continues to expand, WIRED got the code for the company’s new AI policing tool and reconstructed the software to show that its capabilities go far beyond reading license plates and tracking vehicles. We also published the story this week of a Rhode Island police officer who was
Airwallex president Lucy Liu invokes a car metaphor to describe one of her company’s newest products. “It’s like assisted driving, like you have in a Tesla,” she says to describe T:0, an automated bookkeeping system that can run a company’s entire financial department on its own. “You still have someone in the driver’s seat, but
