Everyone is familiar with the ironic saying, “You have to prove you don’t need money to get a loan.” But what happens when you have no money, no credit, and need a refrigerator today? That’s when rent-to-own (RTO) or lease-to-own (LTO) businesses step in. Traditional banking wasn’t built on …
River AI, an AI startup founded by xAI co-founder Igor Babuschkin, has secured $1.1 billion in funding in a seed/Series A round led by General Catalyst and AMP PBC, with participation from Nvidia, AMD Ventures, Y Combinator, and Temasek. (AMP PBC is an AI-focused investment firm founded in 2026 by former Andreessen Horowitz general partner Anjney…
Australia central bank holds rates steady, keeps hike on table
Australia’s central bank keeps interest rates at 4.35%
Oil prices rise, Asia stocks drift on US-Iran stalemate
“CMS’s proposal would encourage one thing above all else: investing less in improving existing medicines,” says health expert Sally Pipes. “That’s a costly tradeoff for patients—and one Medicare shouldn’t make.”Getty ImagesThe Trump administration says it wants to accelerate medical innovation. Yet one new proposal from the Centers for Medicare and Medicaid Services could do just…
After two Chapter 11 bankruptcies and hundreds of store closures nationwide, a longtime mall staple is revamping one of the most recognizable parts of its business as it works to attract a new generation of customers. Changing consumer habits, an uncertain economy, and growing competition have …
Image Credits:Sila 8:22 AM PDT · August 10, 2026 Sila has landed a $1.4 billion loan from the U.S. Department of Defense to help the U.S.-based startup expand production of its silicon-carbon battery material. The loan, which was announced Friday, arrives as U.S. battery buyers, from automotive companies to defense contractors, struggle to procure battery…
Newly revealed security research found that until recently, marketing tech giant Klaviyo was inadvertently sharing the sign-up information of its new customers, including their passwords, with outside advertisers. Sam Jadali, a security researcher and co-founder of cybersecurity startup Melurna, told TechCrunch that the web form on Klaviyo’s sign-up page was misconfigured between at least February…
Analysis-How the hard reality of climate change hit Europe’s economy this summer
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