Hacker News with Generative AI: Finance

Arrests "imminent" in eXch money laundering case after crypto seizure (monero.forex)
eXch, an instant crypto exchange long preferred by users desiring privacy, has abruptly and unexpectedly announced that they are shutting down their service.
Cryptocurrency, Finance, Law Enforcement, Privacy
10 points by lennychanuk 6 hours ago | 0 comments
US Treasury to stop producing pennies next year (bbc.com)
One cent coins will stop being produced in the US next year, the Treasury Department has confirmed.
Finance, US Economy, Coins, Currency
29 points by DarkContinent 12 hours ago | 15 comments
Klarna's losses widen after more consumers fail to repay loans (ft.com)
Klarna’s losses widen after more consumers fail to repay loans
Finance, Fintech, Consumer Debt, Business
11 points by petethomas 16 hours ago | 6 comments
What happens if investors lose faith in America? (paulkrugman.substack.com)
I used to be an economics ambulance-chaser — someone who raced around the world to wherever there was an interesting economic calamity. And this international experience probably made me more sensitive than most economists to the way economies that seem to be doing OK can suddenly fall off a cliff into economic crisis.
Economics, United States, Finance, Global Economy
10 points by dxs 20 hours ago | 1 comments
US Mint moves forward with plans to kill the penny (apnews.com)
Finance, Currency, US Politics
7 points by Ozarkian 21 hours ago | 0 comments
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales (ft.com)
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
Microsoft, Startups, Business, Artificial Intelligence, Finance
28 points by frereubu 21 hours ago | 8 comments
The Treasury unveils its plan to kill the penny (cnn.com)
Finance, Economics, US Politics
12 points by haunter 23 hours ago | 17 comments
Trump Crypto Partner Is KuCoin – Which Is Banned in U.S. for Money Laundering (forbes.com)
Donald Trump’s crypto venture launched its stablecoin Wednesday on an exchange recently banned from the United States after admitting to violating anti-money laundering laws and agreeing to pay a $300 million fine.
Cryptocurrency, Politics, Finance, Regulation
17 points by morisy 1 day ago | 3 comments
Treasury Yields Soar as Ballooning U.S. Deficit Worries Wall Street (investopedia.com)
Treasury debt continued its wild ride on Wednesday, with yields soaring amid concerns about the U.S. government’s unsustainable deficit spending.
Finance, Economics, Debt, United States
62 points by inverted_flag 2 days ago | 46 comments
Show HN: I vibe coded a complex trading app (apple.com)
Tradofire – Swipe, Trade, Win.
Trading, Finance, Mobile Apps, User Interface
9 points by sumeruchat 2 days ago | 8 comments
The US Treasury just shocked Americans with a $258B surplus (yahoo.com)
Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.
US Economy, Finance, Government Spending, Budget
7 points by harambae 2 days ago | 2 comments
Elon Musk materially lied to Tesla (TSLA) shareholders – transcript and proof (electrek.co)
Elon Musk just made public and material lies aimed at Tesla shareholders. Here’s the proof with the relevant transcript.
Elon Musk, Tesla, Lawsuits, Business, Finance
24 points by mikestew 3 days ago | 3 comments
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings (bloomberg.com)
Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, will file an insolvency case after overstating sales figures it provided investors.
Artificial Intelligence, Business, Startups, Finance, Insolvency
14 points by helsinkiandrew 3 days ago | 2 comments
U.S. banks are sitting on $500B worth of unrealized losses (investorsobserver.com)
Banking, Finance, Economy, Investment
15 points by greesil 3 days ago | 2 comments
Coinbase becomes first crypto exchange to join the S&P 500 (latimes.com)
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the digital assets industry.
Cryptocurrency, Finance, S&P 500, Stock Market
16 points by andsoitis 4 days ago | 3 comments
European Investment Bank to inject €70B in European tech (ioplus.nl)
The European Investment Bank (EIB) will invest €70 billion into Europe's technology sector by 2027, aiming to close the innovation gap with the United States.
Europe, Investment, Technology, Finance
306 points by saubeidl 4 days ago | 356 comments
Discover is now part of Capital One (discover.com)
We’re pleased to announce that on May 18, 2025, Discover Bank merged into Capital One, N.A. (“Capital One”).
Finance, Banking
107 points by LopRabbit 4 days ago | 86 comments
U.S. Downgraded by Moody's as Trump Pushes Costly Tax Cuts (nytimes.com)
The credit rating of the United States received a potentially costly downgrade on Friday, as the ratings firm Moody’s determined that the government’s rising debt levels stood to grow further if Republicans enact a package of new tax cuts.
Politics, Economics, Finance, United States
16 points by whack 5 days ago | 2 comments
UK overtakes China as second-largest US Treasury holder (ft.com)
Finance, Economics, China, United Kingdom, United States
7 points by paulpauper 5 days ago | 0 comments
US loses last perfect credit rating amid rising debt (bbc.com)
The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ability to pay back its debt.
Finance, Economics, United States, Credit Rating
68 points by WillDaSilva 5 days ago | 3 comments
Moody's downgrades United States credit rating (cnbc.com)
Finance, United States, Credit Rating, Moody's
16 points by belter 6 days ago | 3 comments
How the ClientAuth Crackdown Is Pushing Finance Toward X9 PKI (digicert.com)
Browser vendors are drawing a clear line in the sand: As of June 15, 2026, public TLS server certificates must no longer include the Client Authentication EKU.
Security, Finance, Cryptography, Web Security
6 points by Sami_Lehtinen 6 days ago | 0 comments
Moody's downgrades United States credit rating, citing growth in government debt (cnbc.com)
Finance, Economics, United States, Moody's
5 points by donsupreme 6 days ago | 1 comments
Perfect Recession Predictors (perfectpredictors.com)
Each line shows the fraction of perfect yield curve spreads that were negative for a given prediction window (12, 18, or 24 months).  An index value of 0 implies the lowest likely chance of recession, whereas an index value of 1 means the highest chance of recession.
Economics, Recession, Finance, Statistics
7 points by gscott 7 days ago | 1 comments
Soviet Refugee Igor Tulchinsky Became a Hedge Fund Billionaire (forbes.com)
Igor Tulchinsky made a fortune by outwitting human traders. Now he’s banking on large language models to make his hedge fund even smarter.
Hedge Funds, Finance, Artificial Intelligence, Refugees
3 points by walterbell 7 days ago | 0 comments
Moody's Ratings Downgrades United States Ratings to Aa1 from Aaa (moodys.com)
New York, May 16, 2025 -- Moody's Ratings (Moody's) has downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative.
Finance, Credit Ratings, United States
9 points by ortusdux 7 days ago | 0 comments
Moody’s strips U.S. of triple-A credit rating (ft.com)
Moody’s strips US of top-notch triple-A credit rating
Finance, Economy, Credit Rating, United States
319 points by Anon84 7 days ago | 358 comments
After exam fiasco, California State Bar faces deeper financial crisis (latimes.com)
The State Bar of California’s botched rollout of a new exam — a move that the cash-strapped agency made in the hopes of saving money — could ultimately end up costing it an additional $5.6 million.
Law, California, Finance, Legal Profession, State Government
7 points by PaulHoule 7 days ago | 1 comments
Show HN: Hyprsqrl – open-source revolut you can self-host (live iban/sepa/ACH) (github.com/different-ai)
Get Paid. Pay Bills. Make Money Work.
Open Source, Finance, Self-Hosting, Banking
9 points by ben_talent 8 days ago | 3 comments
US reportedly plans to slash bank rules imposed to prevent 2008-style crash (theguardian.com)
US watchdogs are reportedly planning to slash capital rules for banks designed to prevent another 2008-style crash, as Donald Trump’s deregulation drive opens the door to the biggest rollback of post-crisis protections in more than a decade.
Finance, Regulation, US Politics, Economics
11 points by jcfrei 8 days ago | 1 comments