July, 2025

July, 2025

Trump Administration Sends In The Marines… To Do Paperwork?
Martial law still appears to be the plan. The rollout has been limited, but the wholly unnecessary deployment of military troops to California sent a message our performative president wanted to get a...

CFPB and FirstCash Settle Lawsuit Involving Military Lending Act
The Consumer Financial Protection Bureau (CFPB) and retail pawn store operator FirstCash said Friday (July 11) that they reached a settlement on FirstCash’s alleged violations of the Military Len...

Amazon Prime Day Average Household Spend Reaches $156, Numerator Says
Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. [contact-form-7] The avera...

Bitcoin Hits All-Time High as Crypto Legislation Votes Near
Bitcoin reportedly hit an all-time high Friday (July 11), driven in part by investors’ optimism around crypto legislation and corporate treasuries’ interest in buying bitcoin. [contact-form-7]...

Visa, Mastercard, FinTechs Weigh in on Modernizing Federal Payments
In March, the White House handed down an executive order mandating that the federal government will stop issuing paper checks for disbursements, effective Sept. 30, and will stop accepting them for pa...

The Stablecoin Ledger This Week: Regulation, Custody Infrastructure and Trust
Next week, starting July 14, is “Crypto Week” in the U.S. [contact-form-7] This event is a series of policy votes being held by lawmakers in Washington hoping to push through three criti...

SEC Charges Georgia-Based First Liberty Building & Loan, Alleging Ponzi Scheme
The Securities and Exchange Commission (SEC) said Friday (July 11) that it filed charges against Newnan, Georgia-based First Liberty Building & Loan and its founder and owner, Edwin Brant Frost IV, al...

BIS Says Stablecoins Require ‘More Restrictive Regime’ Than Traditional Finance
The growing ties between stablecoins and the traditional financial system pose risks to financial integrity and financial stability, the Bank for International Settlements (BIS) said in one of the key...

Costco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods and non-food categories like jewelry, major appliances and gift cards. [contact-form-7] By ...

AWS Reportedly Set to Launch AI Agent Marketplace
Amazon Web Services (AWS) will reportedly launch an artificial intelligence (AI) agent marketplace on July 15 during its AWS Summit. [contact-form-7] One of the company’s partners in the m...

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B&T Television

October