Stablecoins offer services that are similar to what traditional bank accounts offer. That has some bankers worried that deposits could flow out of the banking system.
Tech companies heavily subsidized AI use in the early days. But now, particularly with the advent of AI agents, spending on AI can start to rival employees’ salaries.
The maker of Pampers, Dawn, and other consumer staples reported a 7% net sales increase over last year. That’s not just because of higher prices — consumers also bought more of their products.