China could flood U.S. electric-vehicle market with cheap offerings

U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. Kevin Lamarque | Reuters China could flood the U.S. electric-vehicle market with low-cost offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns. “We are very concerned about China … Read more

Zūm Rails takes in first capital to launch new banking-as-a-service, FedNow offerings

The adoption of open banking and instant payments is moving slowly in the United States compared to other markets around the world, for example, Brazil. That said, the new program FedNow went live in July 2023, and data-sharing regulations are forthcoming, so more potential is on the horizon. Until then, the co-founders of Zūm Rails … Read more