Author: Editor

Payments solution company Bill announced a suite of AI agents designed specifically for small and medium businesses. The W-9 Agent uses artificial intelligence to provide touchless tax compliance that eliminates over 80% of manual steps for collecting W-9s. Expected to be available by Thanksgiving, the agent autonomously requests and pre-validates W-9s from vendors. Meanwhile, the Reconciliation Agent is a touchless receipts agent that automatically codes transactions, so receipts reconcile themselves. It also provides full visibility into expenses. Bill also touted a new onboarding agent in its Spend and Expense solution tailored for each business, to automatically create virtual cards and permissions.…

A lawsuit against the billion-dollar fintech startup Array by an early employee who claimed he was owed as much as $70 million has been thrown out.Jason Owen, who was Array’s chief strategy officer, sued the company and its leader, Martin Toha, in 2022, claiming that Toha had denied him a promised equity stake. He claimed to have been fired for expressing concerns about unethical business practices, which Array denied.After three years of litigation, the case went to trial in a New York state business court, with testimony from Owen, Toha, and people who were in the company’s orbit during its…

Eli Lilly and Nvidia are partnering to build what they call the pharmaceutical industry’s “most powerful” supercomputer and so-called AI factory to help accelerate drug discovery and development across the sector, the companies announced Tuesday. It’s the latest stride by Nvidia and the pharmaceutical industry to harness AI to help shorten the time it takes to bring cures to patients, while reducing costs at every stage of drug discovery and development. The process typically takes about 10 years on average from dosing the first human with a drug to its launch on the market, said Diogo Rau, Eli Lilly’s chief information…

The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCLucid Group is targeting a new goal that would make it the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the company said Tuesday.The all-electric vehicle manufacturer expects to launch what it’s calling “mind-off” driving in which a car can essentially drive itself under normal circumstances without a human needing to monitor it or intervene unless there’s a change in circumstances, such as severe weather. That would be like an occupant playing a game…

Global finance professionals are facing challenges with automating accounts payable, artificial intelligence and tariffs, according to a new report.The report, released Tuesday by finance automation provider Tipalti, is based on a survey of more than 2,300 finance professionals across North America, the U.K. and Europe. It found that while 74% of finance teams say they’re being pulled into more strategic roles, they’re also losing 11 hours per week — or nearly 72 workdays per year — to manual AP tasks that stifle productivity and growth. Global business complexity, outdated AP systems, tariffs, and evolving regulations are creating critical risks for…

Some of UPS’s problems getting packages into the US might have a simple cause. The company’s CEO said people aren’t used to providing customs information on US-bound shipments.UPS saw a rise in customers shipping packages into the US starting in August, CEO Carol Tomé said, after the Trump administration ended a loophole that had allowed low-value shipments to enter the country tariff-free. Some national postal services, such as Germany’s Deutsche Post, temporarily stopped accepting US-bound packages because of the change.Many of those new UPS customers were average consumers who were “naive” about what information they had to provide for their…

I’m not a financial advisor, but I am a lawyer who’s spent enough time around markets to know how unpredictable they can be.I recently had some extra cash, and I wanted to invest it in something unique. I didn’t want to put the money into the volatile stock market, bonds, crypto, or even real estate.When I ran out of options, I turned to an unlikely guide for help and found an even more unlikely answer.I turned to AI to help me investAI has been working well for me lately — helping me plan trips, organize work, and even write better,…

A person rides an electric scooter past the air traffic control tower at Reagan Washington National Airport as the U.S. government shutdown continues in Arlington, Virginia, U.S., Oct. 8, 2025. Nathan Howard | ReutersU.S. air traffic controllers Tuesday missed their first full paychecks since the government shutdown began at the start of the month, while the Department of Transportation said flight delays due to staffing shortages have increased.The controllers are facing increased financial stress and it’s getting harder to recruit much-needed workers, union officials and Transportation Secretary Sean Duffy said Tuesday. Air traffic controllers and airport security screeners are among…

ADP Research will now be releasing U.S. payroll data on a weekly basis, in addition to its monthly report, to provide high-frequency insights into the labor market.The figures, which are a four-week moving average of the latest total private employment change, will be released on Tuesdays at 8:15 a.m. New York time. ADP estimates payrolls increased 14,250 on average in the four weeks ended Oct. 11, according to a statement Tuesday.Up until recently, ADP provided a version of weekly payrolls to the Federal Reserve, which policymakers used to gain insight into the private-sector job market. But the payroll services firm…

Homes in the south suburban Chicago area on April 26, 2023.Brian Cassella | Tribune News Service | Getty ImagesA home is most Americans’ single largest investment. The returns are losing ground. Home prices nationally rose 1.5% in August compared with the same month last year, down from the 1.6% annual gain recorded in July, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index. While home prices aren’t yet falling, they’re weakening — rising at a slower pace than the current 3% rate of inflation. That means that housing wealth eroded in real terms for the fourth consecutive…