Summary List PlacementSmall and midsize financial institutions (FIs)—those with under $100 billion in assets—can’t hope to compete directly with the quality of digital user experience (UX) on offer at the largest US banks due to their smaller tech budgets. Per 2020 eMarketer data, the nine largest US banks accounted for 60% of total banking IT/tech…
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Dr. Anthony Fauci said he doesn’t think the Johson & Johnson vaccine pause will lead to more hesitancy. The US resumed the rollout of the vaccine and regulators added a warning label about the small risk of blood clots for women under 50. Fauci said the pause should show Americans that the US takes “safety…
Rep. Liz Cheney was chastised by several male GOP colleagues following her vote to impeach Trump. Rep. Norman of South Carolina told Cheney that she had “a defiant attitude,” according to The Times. Cheney refused to apologize for her vote and the caucus decided to keep her in leadership. See more stories on Insider’s business…
Startup founders and investors say the “sextech” category has never been hotter. Half of adult Americans have gotten a COVID-19 vaccine, and that could lead to more sex this summer. Venture capital funding is flowing to these startups, as investors warm up to the vice category. See more stories on Insider’s business page. Last year,…
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images US shares fell on Monday as technology shares dragged indexes lower. Investors remain cautious over the slew of corporate earnings ahead as well as the ongoing…
Twitter accounts sharing vaccination appointments have popped up across the US. The accounts are bots run by software engineers who helped Americans find appointments. Bots like TurboVax in New York City have courted thousands of followers. See more stories on Insider’s business page. Kenneth Hsu’s parents-in-law were desperate to find a vaccine appointment. In February, both…
Senate Republicans adopted a resolution to press for spending cuts in exchange for raising the debt ceiling later this year. Ted Cruz called it “a step in the right direction,” though other senior Republicans downplayed it. A top Democrat branded it as “Obama-era economic sabotage.” See more stories on Insider’s business page. Senate Republicans are…
Big data firm Splunk is emerging from bumps in its cloud transition, CEO Doug Merritt tells Insider. After first building on Amazon’s cloud, it now works with Google and, soon, with Microsoft. Its growth strategy hinges on plans to go after more government deals and win over legacy companies. See more stories on Insider’s business…
Shallon Lester is a YouTuber who moved from New York to Paradise Valley, Montana, in June. She loves her bigger, cheaper home, the friends she’s made, and the activities the city offers. This is her story, as told to Perri Ormont Blumberg. (Editor’s note: Lester is a friend of the author.) See more stories on…