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Weekly Finance Press Releases Recap

As we delve into the world of finance, staying updated with the latest news can be overwhelming given the sheer volume of press releases circulated each week. To assist both finance journalists and consumers, this article highlights the most noteworthy finance-related press releases from the week of October 13 to 17, 2025. Here’s a recap of significant stories that should not be overlooked:

1. SP Global Ratings and Chainlink Partnership

SP Global Ratings has teamed up with Chainlink to bring their stablecoin stability assessments directly on-chain. This marks a crucial step in making SP's independent risk analyses accessible to decentralized finance (DeFi) protocols for the first time, enhancing how risk assessments are integrated into smart contracts.

2. TrueCar’s Acquisition Plan

TrueCar is set to be acquired by a strategic and financial investor group led by the company's founder, Scott Painter. This all-cash go-private transaction values TrueCar at $2.55 per share, amounting to roughly $227 million. This move indicates a significant shift in TrueCar's strategic direction, aiming to streamline its operations.

3. Loss of LendingTree’s CEO

The finance community mourns the loss of Doug Lebda, Chairman and CEO of LendingTree, who passed away unexpectedly in an ATV accident. His leadership and vision were pivotal for the company, and his passing creates a void that will be felt across the industry.

4. Holiday Shopping Concerns Due to Tariffs

A recent report from project44 highlights that tariffs are impacting holiday shopping plans. With 80% of consumers worried about rising costs due to tariffs, 70% indicated they would purchase fewer gifts if prices go up, showcasing a significant strain on consumer spending this holiday season.

5. Zillow and Esusu’s Credit Building Initiative

Zillow is partnering with Esusu to broaden access to credit-building options for renters across the nation. Now, any renter can have their payment history reported to major credit bureaus for a modest fee. This initiative represents a critical step towards improving financial inclusivity for renters, allowing more individuals to build their credit profiles.

6. PayPal's Safety Tips Against Phishing

With an increasing number of phishing scams, PayPal is alerting consumers to stay vigilant. As recovered funds may not always be possible, they emphasize proactive measures to avoid scams by learning the signs of phishing attempts.

7. Acorns Introduces Money Manager

Acorns has launched a new feature called Money Manager, designed to automate financial wellness for its users. This tool will effortlessly allocate deposits across various categories, such as savings, investments, and spending, making personal finance management less stressful.

8. Financial Insights on Sports Fandom

A recent study from Ally Bank reveals that over half of sports fans admit to overspending for their love of the game, despite most lacking dedicated savings for such expenses. Notably, younger fans are increasingly maintaining or increasing their spending on women's sports, reflecting changing values and priorities.

9. Campfire's AI-Focused Fundraising

Campfire has successfully raised $65 million in Series B funding to revolutionize financial operations using AI. Their proprietary model, the Large Accounting Model (L.A.M.), aims to automate financial tasks with impressive accuracy, potentially transforming how financial management occurs across industries.

10. Concerns About Job Quality in America

A study by Gallup reveals alarming findings that less than half of U.S. workers hold quality jobs. This statistic raises concerns about job stability, fair wages, and opportunities for advancement, contributing to higher turnover rates and economic instability.

11. Reducto's Recent Funding

Lastly, Reducto has secured $75 million in Series B funding aimed at defining the future of AI document intelligence. Their technology simplifies complex document workflows, which is critical for various industries, including legal and healthcare sectors.

These stories highlight a vibrant mix of challenges and innovations within the finance sector, underlining the importance of staying informed about market moves and emerging trends. For more pressing updates, stay tuned to PR Newswire's finance releases.