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The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include payments services from Apple, Google and Amazon, as well as fintech firms including PayPal and Block and peer-to-peer services Venmo and Zelle. While the CFPB already had some authority over digital payment companies because of its oversight of electronic fund transfers, the new rule allows it to treat tech companies more like banks. “Digital payments have gone from novelty to necessity and our oversight must reflect this reality,” said CFPB Director Rohit Chopra. The CFPB said the rule will take effect 30 days after its publication in the Federal Register.
Persons: , Rohit Chopra, CFPB, Trump Organizations: Consumer Financial, Tech, Apple, Google, PayPal, , Federal
Copilot's indexing of internal data led to oversharing of sensitive company information. Some corporate customers delayed Copilot deployment due to security and oversharing concerns. On Tuesday, Microsoft released new tools and a guide to help customers mitigate a Copilot security issue that inadvertently let employees access sensitive information, such as CEO emails and HR documents. These updates are designed "to identify and mitigate oversharing and ongoing governance concerns," the company explained in a new blueprint for Microsoft's 365 productivity software suite. AdvertisementAs a result, some customers have deployed Copilot, only to discover that it can enable employees to read an executive's inbox or access sensitive HR documents.
Persons: Copilot, overshares, Microsoft's Copilot, Joe Blow, Joe Organizations: Microsoft, Business
These honorees showcase how AI-powered solutions married with Twilio can solve business challenges and revolutionize customer interactions across diverse industries and regions. AlpharunAlpharunAlpharun is an AI phone interview platform that accelerates screening for high-volume hiring teams by integrating Twilio's messaging, voice, IVR, and SIP Trunking. By integrating products like SMS, Voice, IVR, and 2FA, they ensure seamless, secure, multi-channel support that moves beyond static chatbots. Utilizing Twilio's SIP Trunking, IVR, and Voice APIs, their conversational AI encourages screenings. GoodCall boosts productivity and streamlines customer interactions, using Twilio's SMS, Voice, IVR, Email, and security tools to enhance multi-channel communication and reliability.
Persons: Twilio, Alice, Jordan, Alpharun, Althea, Althea Health Althea Health, Elythea, GAIL LULA, GAIL, Olivia, Storii, Symbl.ai Organizations: Trunking, Althea Health, Voice, Inc, Financial Services, meiti, GmbH, SMS, Insider Studios Locations: North America, America
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include popular services from Apple and Google , as well as payment firms like PayPal and Block . "Digital payments have gone from novelty to necessity and our oversight must reflect this reality," said CFPB Director Rohit Chopra. A year ago, the CFPB said it wanted to extend its oversight to tech and fintech companies that offer financial services but that have sidestepped more scrutiny by partnering with banks. The CFPB said the rule will take effect 30 days after its publication in the Federal Register.
Persons: Rohit Chopra, CFPB Organizations: Banking, Housing, Urban Affairs Committee, Consumer Financial, Tech, Apple, Google, PayPal, Federal Register
Twelve percent of parents worry that their child’s anger could lead to problems, according to a new C.S. Many parents also expressed concern about the example they set for their children, with 70% saying they sometimes model poor anger management themselves. These parents are also more likely to feel they might be demonstrating poor anger management techniques, worry about the potential problems caused by their child’s anger and note that their child has encountered negative repercussions when angry. In fact, 30% of parents report they have not received advice on how to help their child manage their anger. Although more than 60% of parents say their child has learned anger management techniques at school, less than half say the school provides resources to help parents address the issue at home.
Persons: CNN —, Mott, , Sarah Clark, , ” Clark, Neha Chaudhary, Katie Hurley, ” Hurley, you’ve, ” Chaudhary, Hurley, Clark, Chaudhary Organizations: CNN, Mott Children’s, Children’s, Mott Poll, University of Michigan, Massachusetts General Hospital, Harvard Medical School, Locations: Ann Arbor, Massachusetts
CNN —Doing more aerobic exercise in middle age and old age may reduce the risk of dementia, including Alzheimer’s disease, a new study found. Without effort, however, cardiorespiratory fitness declines as people age. “This study found a dose-dependent — meaning more was better — effect of exercise fitness on several critical types of cognitive performance,” Isaacson said. Biking, running, jogging, swimming, hiking and briskly walking can all improve cardiorespiratory fitness, experts say. The study showed that people with high cardiorespiratory fitness were more likely to take care of themselves, and therefore protect the heart-brain connection.
Persons: , Weili Xu, ” Xu, Richard Isaacson, “ I’ve, ” Isaacson, Dr, Valentin Fuster, Fuster, ” Fuster, Organizations: CNN, Aging Research, Karolinska Institute, American Heart Association, British, of Sports Medicine, Mount, Hospital, Mount Sinai, Heart Federation, Cleveland Clinic Locations: Stockholm, Florida, Mount Sinai, Mount, New York City
AdvertisementCustomer-friction concerns, partnership hiccups, compatibility questions, latency problems, and accuracy issues have snarled progress, according to internal Amazon documents and multiple people involved in the project. AdvertisementA product of this scale is "unprecedented, and takes time," an Amazon spokesperson told Business Insider. Related storiesFor example, without more clearly defined responsibilities with third-party partners, Amazon expected further delays in the launch. AdvertisementLatency has been a particularly tough problem for the AI Alexa service. Related storiesNew risksIn late August, Amazon discovered several new risk factors for the AI Alexa service.
Persons: Alexa, that's, Amazon, Taylor Swift, they're, ChatGPT, Andy Jassy, Andy Jassy Mike Blake, Claude Haiku, Rohit Prasad, Claude, AGI NurPhoto, , Fortune, Amazon's Organizations: Uber, Ticketmaster, Alexa, Echo, Amazon, Business, Bloomberg, TV, Reuters, General Intelligence, AGI, Companies
The new Alexa aims to be a personalized assistant, handling diverse tasks across different devices. Amazon's AI-powered Alexa upgrade could launch with several major partners handling specific tasks such as ride-hailing, grocery shopping, and restaurant reservations, Business Insider has learned. The partner companies would become the primary option for handling those specific tasks on the upgraded Alexa. Amazon is revamping Alexa with ChatGPT-like AI features, BI first reported in January. Internally codenamed Banyan or Remarkable Alexa, the upgrade has the potential to significantly improve the voice assistant with AI features.
Persons: Uber, Spokespeople, Thumbtack, Andy Jassy, Jassy Organizations: Partners, Ticketmaster, BI, Amazon, Alexa, ChatGPT, Uber
Jared Leopold, a Democratic strategist and former top official at the Democratic Governors Association, noted that while the Democratic governors who ran for president in 2020 were less well known, potential 2028 contenders like Michigan Gov. Gretchen Whitmer, Pennsylvania Gov. “And I also think there’s not going to be as much to be done in the Senate with a deeper minority. Ditto for Shapiro, who has spent the days after the election focused on economic development efforts in his state. Others, like Connecticut’s Chris Murphy and Pennsylvania’s John Fetterman, look interested in shaping a new Democratic approach on myriad issues.
Persons: Kamala Harris ’, Donald Trump, , Joe Biden’s, Jared Leopold, Gretchen Whitmer, Josh Shapiro, Gavin Newsom, JB Pritzker, pushback, , Leopold, Jay Inslee’s, there’s, Trump, Caitlin Legacki, ” Legacki, Newsom, Pritzker, ” Trump, Gavin Newscum ”, ’ ” Newsom, Pritzker —, , ” —, Jared Polis, ” Pritzker, Ezra Levin, Shapiro, Whitmer, Harris ’, “ I’ve, Jocelyn Benson, ” Whitmer, winking —, Ditto, Harris, ‘ I’ve, I’ve, I’m, “ We’re, , Jon Ossoff, Raphael Warnock, Arizona’s Mark Kelly, Ossoff, Sen, Ruben Gallego, Chris Murphy, Pennsylvania’s John Fetterman, Murphy, MAGA, Joe Rogan’s, Fetterman, Wes Moore, Kentucky’s Andy Beshear, Cory Booker, Amy Klobuchar, Pete Buttigieg, Alexandria Ocasio, Ro Khanna, Khanna, he’s, Gen Z, Warnock, There’s, Mark Cuban, ” Leopold, workhorses, Democrats it’s, Al Davis ’, Robby Mook, Hillary Clinton’s, ” Mook Organizations: NBC News, Trump, Democratic, Democratic Governors Association, Michigan, Illinois Gov, Washington Gov, ” “ Governors, White, Capitol, Colorado Gov, Governors, Democracy, Hyatt, Democratic Party, Democratic National Convention, , Gridiron Club, NBC, New York, Democrats ’, Marine, Transportation, New Hampshire —, Pennsylvania Democrat, Cuban, Democrats, Oakland Raiders Locations: Pennsylvania, California, Trumpism, Illinois, Michigan, ” Michigan, Washington ,, Arizona, Sens, Cortez, New Hampshire, Washington, Cuban
AdvertisementThis as-told-to essay is based on a conversation with Setu Shah, founder of Financial Doula. Here are the three items that all parents should budget for during the first year and beyond. Physical and mental healthIn the first year postpartum, there are so many small supports that can help parents, especially moms. AdvertisementSometimes, women need help in justifying these costs, especially if their male partner is making more money than they are. These 2 questions can help open money conversationsHaving a baby brings a lot of financial stress that many couples haven't faced before.
Persons: Setu Shah, , I'd, I've, haven't, I'm Organizations: Service
After a campaign featuring promises to slash landmark climate legislation, and a first term record that included pulling the U.S. out of the Paris climate agreement, President-elect Donald Trump's win casts a shadow of doubt over the world of global climate policy. As an isolationist, Trump-led American foreign policy cedes global leadership on the issue, an increasingly willing China can assume the spot instead. Ceding global climate leadership to China "would be a mistake"China is looking to "play a more proactive role internationally on climate change," said Joanna Lewis, an associate professor at Georgetown University and expert in international climate policy. But "it would be a mistake for the United States to completely cede not just [its] leadership role on climate change. But the development of low carbon technologies, that's really the area that has been particularly competitive between China and the United States," said Lewis.
Persons: Donald Trump, Xi Jinping, Donald Trump's, Trump, Joanna Lewis, Lewis, Joe Biden Organizations: European Union, Republicans, United Nations, BMO Capital Markets, Georgetown University Locations: Osaka, Japan, Paris, China, United States
New York CNN —“All we have to have is just a human form to be a victim.” That’s how lawyer Carrie Goldberg describes the risk of deepfake porn in the age of artificial intelligence. In the past year, targets of AI-generated, nonconsensual pornographic images have ranged from prominent women like Taylor Swift and Rep. Alexandria Ocasio-Cortez to high school girls. Goldberg said that for people targeted by AI-generated sexual images, the first step — however counterintuitive — should be to screenshot them. The fight to address nonconsensual explicit images and deepfakes has received rare bipartisan support. (AI-generated sexual images of children typically fall under child sexual abuse material laws.)
Persons: , Carrie Goldberg, they’ve, Taylor Swift, Alexandria Ocasio, Cortez, Goldberg, C.A, Clare Duffy, ” Goldberg, deepfakes, Republican Sen, Ted Cruz, , Democratic Sen, Amy Klobuchar, “ There’s Organizations: New, New York CNN, Nonprofit, Capitol, Republican, Democratic Locations: New York, Alexandria, York
I ate the same meal at TGI Fridays and Chili's to compare the two chains. TGI Fridays just filed for bankruptcy, while Chili's is outperforming its competitors. I preferred the food and overall experience at Chili's, though TGI Fridays did have meatier wings. AdvertisementChili's and TGI Fridays are both big names in fast-casual dining, but their recent performance tells two very different stories. TGI Fridays said the main reasons for filing for bankruptcy were financial challenges from the COVID-19 pandemic and a flawed capital structure.
Persons: , Chili's, John Bringardner, Bringardner, Rohit Manocha Organizations: Service, Reuters, CNN, Capital Advisors Locations: Chili's, Los Angeles
CNN —An award-winning university building that won a prestigious architecture prize is set to be demolished less than 30 years after it was built, sparking widespread criticism. The Centenary Building was built for Salford University in northern England and won the Royal Institute of British Architects (RIBA) Stirling Prize, which names Britain’s best new building, in 1996. However, the university has confirmed to CNN that it will be knocked down after sitting empty for several years. “I simply cannot support the demolition of a building that is only thirty years old. “By definition they are the best buildings of the year, and to list at least one modern building a year, after due consideration and maybe a little time, would not seem unreasonable.”
Persons: , Stephen Hodder, , Hodder, Jack Pringle, Pringle Organizations: CNN, Salford University, Royal Institute of British Architects, RIBA, Stirling, RIBA Stirling, , Century Society, Stirling Prize Locations: England
Meanwhile, 28% of holiday shoppers still have not paid off the gifts they purchased for their loved ones last year, according to another holiday spending report by NerdWallet . Major retailers tend to heavily discount some of their products as the holiday season unfolds. Heading into the peak holiday shopping season, there are a few steps you can take to help maximize your cash. "Slow shopping encourages consumers to think through each potential purchase rather than jumping on impulse," Woroch said. "This allows you to be mindful about what you're buying, why you're buying and who you're buying for while also giving you time to save up, compare prices and look for coupons," Woroch added.
Persons: they'll, Adam Davis, Davis, Sara Rathner, Sofia Baig, Gen, Andrea Woroch, Woroch Organizations: NerdWallet, National Retail Federation, U.S, Wells, Wells Fargo Retail Finance, Morning Locations: Wells Fargo, Novi , Michigan
Indeed is launching an AI-powered tool called Pathfinder to help job seekers discover career paths. Jessica Jensen, Indeed's chief marketing officer, said the focus will be on positioning Indeed as a "livelong talent agent." The new product comes as job seekers report profound frustration with the hiring process, citing indignities like "ghost jobs" and overwhelming competition. Related storiesThe company's internal marketing team is executing the product launch, and channels will include email, events, and job seeker content. "Outreach on the part of employers is so valuable and drives better results for job seekers and employers."
Persons: Jessica Jensen, , Chris Hyams, Hyames, you've, Hymes, " Hyams, it's, Jessice Jensen, Jensen Organizations: Service, Pathfinder, BI, Companies
A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho. Anheuser-Busch, the brewer of Bud Light has faced backlash after the company sponsored two Instagram posts from a transgender woman. Retailers are facing a tough equation as they head into the all-important holiday shopping season — this time over DEI initiatives. CNBC spoke with a number of retail industry insiders, strategists and staffers who spoke on the condition of anonymity to do so candidly. Last year, Anheuser-Busch -owned Bud Light and Target faced severe blowback for marketing campaigns and product collections geared toward the LGBTQ community and saw sales fall as a result.
Persons: Bud, Bud Light, Robby Starbuck, it's, Molson Coors Organizations: Anheuser, Busch, CNBC, Retailers, Supply, Ford, Molson, Pride, Human Rights, Google, Supreme, Bud Light, Target Locations: Arco , Idaho
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC chief says delayed December output hike is 'nothing unusual'Haitham Al Ghais, the OPEC secretary general, says "we're always very proactive, precautionary when necessary," after delaying its December output hike.
Persons: Al Ghais, we're
Election officials warn they’re outmatched and struggling to combat the wave of falsehoods coming from Musk and his platform. Manipulating early voting numbersIn 2020, Trump attacked early voting and mail-in voting, claiming they were used to cheat. Election officials have been inundated with threats of violence since the 2020 election. But Trump and his allies have been laying the groundwork to try to dispute the election should he lose. In Georgia, conservatives sought to allow county election officials to refuse to certify the election results, though the effort was blocked by a state judge.
Persons: Donald Trump, Trump, He’s, he’s, Kamala Harris, , , Ben Ginsberg, you’re, they’re, Justin Levitt, ” Levitt, hasn’t, Elon Musk, they’re outmatched, Musk, it’s, , Kathy Boockvar, Boockvar, Athena, doesn’t, Elon, what’s, Jocelyn Benson, ” Musk, Benson, Lara Trump, CNN’s Donie O’Sullivan, Ruth Greenwood, Harris, Michael Morley, ” Trump, Glenn Youngkin, They’ve, Andy Harris, Hurricane Helene, Ginsberg, ” CNN’s Yahya Abou, Ghazala, Sarah Boxer, Pamela Brown, Ethan Cohen, Marshall Cohen, Zachary Cohen, Devan Cole, Daniel Dale, Curt Devine, Danny Freeman, John Fritze, Brian Fung, Majlie, Puy, Holmes, Lybrand, Sean Lyngaas, Sara Murray, Paula Reid, Fredreka Schouten, Tierney Sneed, Donie O’Sullivan, Casey Tolan Organizations: CNN, noncitizens, Republican, Loyola Law School, Biden White, Elon, Democrat, Benedictine, Republicans, Republican National Committee, Trump, Harvard Law School, RNC, Democratic, Florida State University College of Law, ” Republicans, Virginia Republican Gov, Justice Department, FBI, Department of Homeland Security, Capitol, Maryland GOP, North, GOP, Republican National Locations: American, Florida, Pennsylvania Pennsylvania, Allentown , Pennsylvania, Lancaster County, Lancaster, Pennsylvania, Erie County, Erie, Bucks, Michigan, Texas, Alabama, Georgia, Allegheny County, Portland , Oregon, Vancouver , Washington, Maryland, North Carolina, Hurricane
CNN —Ahead of potential civil unrest due to Tuesday’s presidential election, the National Guard is on standby as a precaution in several states, including Washington state and Oregon, where hundreds of ballots were damaged or destroyed after at least three ballot drop boxes were recently set on fire, officials say. Tina Kotek said in a statement Friday the National Guard is standing ready as political leaders call for peaceful protests, according to CNN affiliate KTVZ. In recent years, the National Guard has been activated in several states to assist largely with cyber security threats during elections. The issue has become pressing for law enforcement since the January 6, 2021, insurrection at the US Capitol that delayed certification of the last presidential election. “If you ‘See Something, Say Something’, and let law enforcement investigate and determine the outcome of any suspicious circumstances or incidents.”CNN’s Chris Boyette, Shimon Prokupecz, and Meridith Edwards contributed to this report.
Persons: they’ve, Jay Inslee, ” Inslee, Tina Kotek, Ted Wheeler, KTVZ, Kate Brown, Joe Lombardo, , ” Lombardo, Pamela A, Smith, Major Cities Chiefs Association –, Chris Boyette, Shimon Prokupecz, Meridith Edwards Organizations: CNN, National Guard, Portland police, Washington Gov, US Department of Homeland Security, Gov, KTVZ, Portland, Oregon State Police, Oregon Department of Emergency Management, Oregon Gov, Associated Press, The Colorado, Force, Nevada Gov, Capitol, Sheriffs of America, National Sheriffs ’ Association, Major Cities Chiefs Association Locations: Washington, Oregon, Vancouver , Washington, Portland , Oregon, Vancouver, In Oregon, KTVZ, , Portland, Nevada, Washington , DC, United States, Major
In states where tensions have long boiled over reproductive rights, family planning experts say women face mounting barriers to getting birth control. In June, Senate Republicans blocked a bill that would have enshrined a national right to birth control into law. States have been left to decide if they will protect access to birth control. The Right Time initiative is part of Michelle Trupiano's work at Missouri Family Health Council that reduces costs and helps Missourians to obtain birth control. She works at a family planning clinic that is benefiting from Title X funding, which means right now, uninsured patients can get birth control through the clinic.
Persons: LOUIS —, Roe, Wade, , ” Sen, Elizabeth Warren, Joe ”, Glenn Youngkin, , Michelle Trupiano, Michelle Trupiano's, Yasmine Salam, Sen, Denny Hoskins, Hoskins, doesn’t, ” Trupiano, ” Hoskins, Maggie Olivia, ” Olivia, “ It’s, Trupiano, Kate Wagner, Wagner Organizations: LOUIS, Republicans, NBC, People, D.C, Guttmacher Institute, Lawmakers, Republican Gov, Missouri Family Health Council, Missouri Family Health, Missouri Republican, NBC News, Healthy Texas Women, Mayo Clinic, Drug Administration, Missouri Foundation, Health, Abortion, Jefferson, Jefferson County Health Department Locations: Missouri, Maryland, South, Washington, Arizona , Iowa, Virginia, Nevada, Texas, U.S, In Missouri, Jefferson County
A way to get around this is to split the overall estate balance equally instead of divvying up individual assets, Snow recommended. You can also liquidate the business, which will convert business assets into cash quickly. AdvertisementSimilar to a family business, these assets might hold a lot of sentimental value but might not be easily passed down. Donating collections can be an effective way to circumvent capital gains and estate taxes. Confront potential disagreements over assets like a house early on, and make sure to provide details on complex assets like a family business.
Persons: , Snow, who's, They'll, Roth, We've Organizations: Service, Business, Cresset
Beware of legal and tax complications for common assets such as houses and retirement funds. You can also liquidate the business, which will convert business assets into cash. Like a family business, these assets might have a lot of sentimental value but might not be easily passed down. Donating collections can be an effective way to circumvent capital-gains and estate taxes. Confront disagreements about assets like a house early on, and provide details about complex assets like a family business.
Persons: , who've, Snow, who's, They'll, Roth, We've Organizations: Service, Business, Cresset
And quite honestly, you’re going to minimize your exposure to bad things happening. And when you’re in a scenario where your stress is up, you’re not going to remember them. That’s why I always tell people, “Think simple.” OK, somebody is coming at me: Claw their eyes. Or if you’re going after a man, go after the groin area. Those are really simple ways to keep yourself safe.
Persons: it’ll, Andrea Canning, Evy, Canning, We’ve, I’ll, you’re, ” Canning, let’s Organizations: Secret Service,
CNN —Ahead of Hurricane Milton, many families in Florida were hunkering down in their homes or packing up their belongings to evacuate. She said she tried to get into multiple hurricane shelters, but the ones nearby were all full, and others were five hours away. “You can’t get to any of the hurricane shelters if you have a car that barely drives and you have no gas money to put in it,” said Jessica. “So, it’s just like you’re stuck with your fingers crossed with two children.”Unfortunately, Jessica’s experience during Hurricane Milton was not unique. Angels of Hope Outreach Ministries captures an encampment a few days after Hurricane Milton in St. Lucie County.
Persons: Jessica, I’m, , Billie Eilish, , Hurricane Milton, David, Kelly Long, David Long, Milton, Hurricane Helene, Mike DeSerio, Helene –, Helene, Donald Whitehead, ” Whitehead, ” Mary Frances Kenion, Lucie County, Christina Haney Reagan’s, Reagan, Reagan’s, ” Reagan, haven’t, Linda King, King, she’s, ” King, don’t Organizations: CNN, Facebook, Hope Outreach Ministries, National Coalition for, Training, National Alliance, Homelessness, Hope Outreach, Asheville Locations: Hurricane Milton, Florida, Hurricane, North Carolina, Buncombe County, County, Asheville , North Carolina, Asheville, St, Lucie, Helene
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