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Key insight: Banks’ acquisitions of insurance agencies appear to be picking up after a two-year-plus period dominated by sales of insurance subsidiaries. Supporting data: More than a dozen prominent lenders sold bank-owned agencies between late 2022 through 2024.Expert quote: “On the commercial side, having property-and-casualty and life insurance are really great ties to a relationship.” — Arrow Financial President and CEO David DeMarco.Is the pendulum swinging back on banks’ involvement in insurance?Processing ContentAfter a slew of high-profile divestitures, a number of community banks have moved in the opposite direction in recent months, acquiring agencies to bolster their presence in the sector. On…

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Key TakeawaysNajidi Storm at 1-33 is the shortest-priced loser in British racing history.The previous record was jointly held by Doom in 2023 and Royal Forest in 1948.Both Paddy Power and Boyle Sports reported a net loss on the race. A Favorite Losing Bucks Conventional Wisdom Najidi Storm started the Cleansing Service Group Novice Stakes at Goodwood at 1-33, implying roughly a 97% chance of winning. He finished second. The Harry Charlton-trained colt, a brother to 2019 St Leger winner Logician, was ridden by Lewis Edmunds and could not reel in Wreck It Ronnie, who made virtually all under Kieren Fox…

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In brief Senate Republicans released an updated Clarity Act on Thursday. The draft would require non-decentralized trading protocols to register with the CFTC. A Senate procedural vote is scheduled for September 15. Senate Republicans released a revised Clarity Act on Thursday that targets “decentralized-in-name-only” crypto trading protocols.The new language would require non-decentralized protocols, that is those controlled by people or groups, to register with the Commodity Futures Trading Commission.Myriad: Will Congress pass the Clarity Act? Click to make your prediction.Sen. Cynthia Lummis (R., Wyo.) unveiled the 630-page updated legislation ahead of the September 15 procedural vote to pass the Clarity…

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HIVE Digital Technologies said its Bitcoin-mining and GPU-cloud businesses generated more than $1 million in combined average daily revenue from Aug. 21 through Sept. 10, quantifying how much its AI pivot contributes to current operations.GPU cloud produced about $100,000 a day over the period, according to HIVE’s Sept. 10 update. That means the AI business is generating operating revenue, but it accounted for less than roughly 10% of the reported total. Bitcoin mining supplied more than nine-tenths.Infographic shows HIVE averaging more than $1 million in daily revenue, with 90% from Bitcoin mining and 10% from GPU cloud services.Mining still carries…

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Darius Baruo Sep 10, 2026 23:37 AMD’s agentic AI automates complex enterprise processes like claims and RMAs, targeting operational efficiency with its ‘Click-to’ strategy. AMD is doubling down on agentic AI as a cornerstone of its enterprise strategy, unveiling its ‘Click-to’ operating model to automate entire business processes with minimal human intervention. The approach, detailed in a blog post published on September 10, 2026, emphasizes AI agents orchestrating complex workflows such as claims processing, RMAs, and financial reconciliation from start to finish, all triggered by a single click. Traditional automation focuses on streamlining…

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Treasury yields hit multiyear highs on Thursday as traders digested U.S. oil prices crossing $100 per barrel again, overshadowing a tame inflation report. A closely watched bond buyback program went off as planned, though with the Treasury Department purchasing even fewer securities than it had indicated Wednesday.The 10-year U.S. Treasury note yield — the key benchmark for mortgage borrowing, auto loans and credit card debt — was up more than 11 basis points at 4.954%. That’s the highest level since October 26, 2023 when the 10-year yielded as high as 4.989%.The 2-year Treasury note yield, which is typically more sensitive to short-term Federal…

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Reaching the age of 65 signals the beginning of retirement for many, but it can also usher in a phase of tax headaches.The number of over-65s paying income tax has risen by more than three million over the last five years, according to figures from HMRC.Meanwhile, greater numbers of beneficiaries of estates face paying inheritance tax (IHT) as asset values rise and with unused pensions set to be included in estates from April 2027. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. Start your trial Sign up to Money…

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