Day: October 27, 2025

AI spending is boosting the economy, many businesses in survival mode

Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed […]

How Data Centers Actually Work

Lauren Goode: Well, they’re all interested in growing more. Who among us, Mike? But the hyperscalers refers to this class of major tech companies or cloud service providers. So Meta, Amazon, Microsoft, Google, they’re all in that category. Molly Taft: Yeah, and I think it’s important to remember that these companies have so much money […]

Western Union Says Stablecoins Are faster and cheaper

Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than 150 million customers. During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on leveraging onchain settlement rails to reduce dependency on legacy correspondent banking systems, shorten […]

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