Dive Brief: The Federal Reserve on Wednesday held the main interest rate at a range between 3.5% and 3.75%, after a two-day meeting as it keeps a firm focus on the central bank’s dual mandate and seeks to foster price stability amid conflict and “elevated uncertainty” in the Middle East, according to a statement. The…
Topline The Federal Trade Commission, California and Utah have sued telehealth platform Hims & Hers Health for allegedly charging patients for prescription subscriptions without their consent and secretly sharing their sensitive health information with tech companies including Meta and Snap. A smartphone displays the logo of Hims & Hers Health, Inc. Getty Images Key Facts…
A turnaround story could be in the works at Ford, which gets less love than GM on Wall Street.
Shares of telehealth company Hims & Hers Health fell sharply Wednesday after the Federal Trade Commission sued the company, alleging it misled consumers about privacy protections, billing practices and subscription cancellations. The FTC, joined by Los Angeles County and Utah, alleged Hims & Hers shared users’ sensitive health information with online advertising platforms including Meta…
Artificial intelligence is top of mind for many advisors and firm leaders, and it’s no different when it comes to those overseeing compliance, according to a new survey from the ACA Group. The compliance consulting firm’s 2026 “Investment Management Compliance Testing Report” indicated that AI was the top compliance concern among respondents at 85%, a…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 29, 2026 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT The Federal Open Market Committee approved the following statement for release by a 9…
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike. Despite increasing support among some officials for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate…
A pit in my stomach formed last night in the train as I read Hugging Face’s latest blog post on how its servers got hacked by OpenAI’s models in early July. I had printed out the 23-page report for the ride since service can be spotty underground. Seeing the story laid out in physical form…
Topline The Federal Reserve on Wednesday voted to keep interest rates unchanged, even as central bank officials appear divided over how to approach policy amid persistent inflation concerns. The central bank appeared divided over future interest rate moves in its previous meeting. Getty Images Key Facts The Federal Open Market Committee voted 9-3 to hold…
Thoughtfully placed light can transform a space. It can soften architectural edges, draw attention to texture, create intimate corners within open floor plans, and subtly signal the transition from a productive morning to a quiet evening at home. It’s less of a finishing touch and more of a design tool in its own right. For…
