What PayPal gets from AI-powered browsing

The payment company is incenting users to adopt Perplexity’s Comet Browser, automating subscription management and shopping as card networks and other payment companies ramp up use of generative artificial intelligence.

Trump Fed nominee won’t resign from White House

Stephen Miran will take unpaid leave from and might seek to return to President Trump’s Council of Economic Advisors, he said, raising conflict of interest questions in his nomination hearing for a seat on the Federal Reserve Board.

Justice Department probing Lisa Cook for mortgage fraud

The Justice Department has opened a criminal investigation into Federal Reserve Gov. Lisa Cook and allegations of mortgage fraud, allegations that spurred President Trump to terminate her position on the Fed Board last week. Cook is challenging the president’s authority to remove her in court.