Senate Investigation Targets Cantor Fitzgerald Over Lucrative Tether Partnership and Lutnick Family Ties

WASHINGTON — In a escalating clash between Capitol Hill and the cryptocurrency sector, Senator Richard Blumenthal has launched a formal congressional inquiry into Wall Street heavyweight Cantor Fitzgerald. The investigation focuses intensely on the firm’s deep-seated business relationship with Tether, the issuer of USDT—the world’s dominant dollar-pegged stablecoin that serves as the primary liquidity engine…

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WestStar Bank Targets New Mexico Expansion with Acquisition of Southwest Capital Bank

In a significant move to consolidate its regional presence, El Paso-based WestStar Bank has announced a definitive agreement to acquire Albuquerque-based Southwest Capital Bank. The strategic merger, which is slated to close in the first quarter of 2027, marks a major milestone in WestStar’s growth trajectory, shifting its footprint in New Mexico from a solitary…

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Chewy Targets $50 Million in AI Cost Reductions by Fiscal 2027, Citing Deep Infrastructure and Proprietary Tech

By PYMNTS | September 18, 2026 Main Facts While many corporate enterprises struggle to quantify the precise return on investment delivered by their artificial intelligence initiatives, online pet products retailer Chewy has bucked the trend with concrete figures. During the company’s second-quarter earnings call, Chief Executive Officer Sumit Singh announced that Chewy expects artificial intelligence…

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Anthropic Targets November for Landmark IPO Amid Astronomical Revenue Growth and Shifting AI Market Dynamics

By Global Tech & Markets Desk September 18, 2026 Artificial intelligence powerhouse Anthropic is reportedly setting the stage for a historic stock market debut, targeting a November initial public offering (IPO) that could value the company at an eye-watering $2 trillion. According to reports from The Wall Street Journal and The New York Times citing…

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The Anatomy of a Digital Siege: How Elite Law Firms and Crypto Giants Became Prime Targets for Cybercriminals

By Global Security & Legal Correspondent September 2026 Main Facts: The Rising Tide of High-Profile Cyber Intrusion In an era where digital assets and sensitive intellectual property dictate global power, the world’s most secure fortresses are increasingly crumbling from the inside out. International law firm Greenberg Traurig became the latest casualty in a sweeping wave…

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The Fallacy of Percentage-Based Excise Taxes: Why Global Health Targets Miss the Mark

For years, international health organizations and policymakers have operated under a seemingly simple, yet deeply flawed, fiscal assumption: that the most effective way to reduce the consumption of specific goods—most notably tobacco—is to ensure that taxes account for a fixed percentage of the retail price. The World Health Organization (WHO), in particular, has championed a…

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Illinois Leads New Regulatory Wave: Landmark Legislation Targets Buy-Now-Pay-Later Industry

CHICAGO/WASHINGTON — June 25, 2026 — In a move designed to curb the proliferation of predatory lending in the digital age, Illinois Governor J.B. Pritzker signed landmark legislation today that mandates state licensure for "Buy Now, Pay Later" (BNPL) providers. The new law, which establishes comprehensive oversight of the industry, aims to shield consumers from…

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Bending Spoons Targets Multi-Billion Dollar IPO as Tech Acquisition Giant Pivots to Public Markets

By PYMNTS | June 8, 2026 In a move that signals a significant shift in the landscape of software consolidation, Italian technology powerhouse Bending Spoons has officially filed for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The filing, submitted on Monday, June 8, 2026, marks a watershed moment…

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