The FinTech Hub
Source: The Verge President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable…
Source: The Verge US District Court Judge Amit Mehta denied Apple’s emergency request to halt the Google Search monopoly trial that could dismantle their lucrative search that’s reportedly worth as much as $18 billion a year. The order came in late Sunday, with Judge Mehta saying Apple hasn’t demonstrated satisfactory reasons for its emergency motion…
Source: The Verge Treasure Secretary Scott Bessent has been named the Acting Director of the Consumer Financial Protection Bureau (CFPB), the bureau announced today. Bessent quickly instructed the agency to “to stop all rulemaking, communications, litigation, and other activities,” reports Bloomberg Law. A source inside the CFPB told Bloomberg Law that his order “appeared to…
Source: The Verge In the first two weeks of Donald Trump’s presidency, Elon Musk and his Department of Government Efficiency (DOGE) have reportedly gained access to core parts of the American government’s payment systems, including systems that affect Social Security and Medicare benefits — as federal workers and government officials struggle to respond. DOGE, an…
Source: The Verge President Trump announced tariffs as high as 25 percent on goods imported from Canada, China, and Mexico over the weekend. But some of the biggest names in tech and gaming – who could be significantly impacted by the tariffs – have stayed quiet about them. Shortly after the tariffs were announced, The…
Source: The Verge NetChoice has filed its 10th lawsuit in an ongoing fight against a broad slate of state internet regulations — this time against a Maryland law billed as protecting kids from inappropriate material online. It’s the latest effort to oppose what NetChoice calls an unconstitutional speech code in disguise. NetChoice has become one…
Source: The Verge Mexican President Claudia Sheinbaum Pardo and US President Donald Trump announced the US is pausing tariffs against Mexico for one month, as previously reported by Bloomberg. Sheinbaum Pardo said the sides “had a good conversation” that resulted in agreements about border security and weapons trafficking. “Mexico will immediately reinforce the northern border…
Source: The Verge The Canadian province of Ontario is canceling a $100 million CA (about $68 million USD) contract with Starlink in response to tariffs US President Donald Trump issued on Canada over the weekend, reports The Associated Press. Ontario Premier Doug Ford wrote on X today that the region is also “banning American companies…
Source: The Verge Your next car purchase is probably going to be more expensive, thanks to President Donald Trump. Around 5.3 million vehicles are built in Canada and Mexico, 70 percent of which are destined for the United States. Those vehicles will soon be subject to 25 percent tariffs, which were just announced by the…
Source: The Verge Companies have been cutting costs. | Photo by Natt Garun / The Verge Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every week, and since the beginning of 2024, there’s been a new wave of layoffs and firings. In…
