Old Glory Bank, a boutique financial institution that branded itself as the cornerstone of the "Freedom Economy," is currently navigating a precarious chapter in its short history. After the collapse of a high-profile merger earlier this year, the $279.4 million-asset lender is now contending with strict regulatory oversight, significant capital deficiencies, and the urgent necessity…
As United States investment in artificial intelligence (AI) accelerates at an unprecedented pace, policymakers, economists, and public figures are grappling with how to regulate and extract revenue from this burgeoning sector. Alongside broad proposals aimed at high-net-worth individuals and large corporations, lawmakers have floated narrowly targeted levies designed to tax specific AI inputs. These include…
As billions of dollars in capital pour into artificial intelligence (AI) infrastructure across the United States, lawmakers in Washington and state capitals are increasingly looking for ways to capture revenue from the boom. While some tax proposals focus broadly on high earners and corporate giants, others target the narrow machinery of the AI revolution itself—such…
By PYMNTS September 13, 2026 Main Facts PayPal is officially charting its future as a standalone enterprise following the collapse of a massive, multi-billion-dollar acquisition bid earlier this summer. Enrique Lores, who took the reins as Chief Executive Officer in February following a distinguished tenure at tech stalwart HP, is leading the charge on an…
