FILE – Gene Simmons, from left, Tommy Thayer, and Paul Stanley of KISS perform during the final night of the “Kiss Farewell Tour”at Madison Square Garden in New York on Dec. 2, 2023. (Photo by Evan Agostini/Invision/AP, File) It’s never really the end of the road for Kiss. The hard rock quartet have sold their … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
What do you do when two indicators seemingly measuring the same thing point in different directions? Those closely watching UK manufacturing lately may have encountered this very conundrum, with purchasing managers’ indexes (PMIs) diverging from the ONS’s official industrial production measure. Whilst the former suggests contracting activity, the latter—though not strong—has trundled along. The apparent … Read more