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Accounting and bookkeeping solutions provider Digits announced the release of Digits API, an application programming interface that allows computers to connect directly with the company’s Autonomous General Ledger system without needing custom integrations. “Since Digits is AI-native, we were able to rethink the integration playbook entirely,” said Jeff Seibert, founder and CEO of Digits, in a statement. “For the first time, we’re opening the foundations of the AGL to everyone. This means faster and smarter AI-powered integrations and better access to our ledger from developers and accounting partners. This is the future of open, programmable accounting, something our customers are very…

The American multinational chain Starbucks Coffee store and logo seen displayed. Sopa Images | Lightrocket | Getty ImagesStarbucks on Wednesday reported that its quarterly same-store sales returned to growth for the first time in nearly two years, showing that its turnaround strategy is winning over lapsed customers.The coffee chain’s global same-store sales rose 1%, lifted by international markets. Its U.S. same-store sales were flat for the quarter but turned positive in September. Wall Street was projecting global same-store sales declines of 0.3% and a 0.9% decrease in U.S. same-store sales.”We’re a year into our ‘Back to Starbucks’ strategy, and it’s…

A customer carries a Chipotle bag in San Francisco, California, US, on Friday, Jan. 31, 2025. David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly revenue that fell short of expectations and cut its same-store sales forecast for the third straight quarter.Shares of the company plunged 13% in extended trading.Chipotle is expecting its full-year same-store sales to shrink by a low-single digit percentage in fiscal 2025. That’s a big change from February, when the burrito chain was projecting same-store sales would grow by a low- to mid-single digit percentage.CEO Scott Boatwright said the company is seeing “consistent…

U.S. Food and Drug Administration Commissioner Marty Makary speaks during a press conference alongside U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., and Centers for Medicare & Medicaid Services Administrator Mehmet Oz, discussing administration plans to lower drug costs, at the Department of Health and Human Services in Washington, D.C., U.S., Oct. 29, 2025. Annabelle Gordon | ReutersThe Food and Drug Administration on Wednesday said it will take steps to speed up the process of developing generic versions of complex biological drugs, in a bid to increase cheaper competition for expensive medicines and lower drug costs for…

The International Federation of Accountants is partnering with the International Bar Association on a new initiative to combat money laundering, while separately signing a memorandum of understanding with other global organizations on ways to improve public sector auditing.The initiative with the International Bar Association aims to support legal and accounting professional bodies in fighting against money laundering, starting with a pilot workshop that’s being held this week in the Cayman Islands, a locale often associated with tax shelters.  The workshop is the first in a planned global series of regional anti-money laundering capacity-building events, bringing together representatives from the accounting…

A man holds a sign reading “SNAP Feeds Families,” as food aid benefits will be suspended starting November 1 amid the ongoing U.S. government shutdown, during “A Rally for SNAP” on the steps of the Massachusetts Statehouse in Boston, Massachusetts, U.S., October 28, 2025. Brian Snyder | ReutersNearly 42 million Americans are days away from missing their monthly food stamp check as the government shutdown enters its 28th day.The Trump administration has said funds for the Supplemental Nutrition Assistance Program, or SNAP, will not be distributed if the federal government is still shut down on Nov. 1. With little movement…

2025-10-29T18:54:10Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. White-collar workers have been worrying about AI-fueled layoffs since ChatGPT’s debut in 2022. Maybe those fears are being realized now, as employers like Amazon cite AI as the reason for big cuts. Or, maybe there are other reasons, and AI is the fall guy/scapegoat. Or maybe both things are…

Aspiring home owners have been waiting anxiously for the market to thaw, but while home sales rose in August, one firm thinks the market is likely to be stuck in the “dark ages” for a while still. Economic intelligence firm Pantheon Macroeconomics recently laid out why it doesn’t see a housing market renaissance on the horizon.Senior US economist Oliver Allen said that he sees three reasons not to expect a revival of the market, even as some recent signs suggest the yearslong freeze may be over: “Stretched” housing affordability Consistently high mortgage rates A struggling labor market The US housing…

The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024.Ore Huiying | Bloomberg | Getty ImagesEli Lilly and Walmart on Wednesday said they have teamed up to expand access to the drugmaker’s weight loss drug Zepbound, allowing U.S. patients to get vials of the blockbuster injection at direct-to-consumer prices through retail locations for the first time. The announcement comes as Eli Lilly works to maintain its dominance over rival Novo Nordisk in the booming market for a class of obesity and diabetes drugs called GLP-1s. It also comes as the…

The Fed made its second interest rate cut of the year, and borrowers could soon start feeling relief.The Federal Open Market Committee opted for a quarter-point cut in its announcement on Wednesday. The call aligns with expectations: CME FedWatch projected a near-total chance of a reduction in the hours before the meeting. The Fed’s economic projections released last month also penciled in two more normal-sized rate cuts for the year.Financial analysts told Business Insider that, after restrictive policy for much of the year, a pattern of interest rate cuts could start making it easier for Americans to finance homes, cars,…