Bitcoin Set for Blast-off — It’s Time to Buy, Says Kiyosaki
Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced strong opinions on financial markets, predicting both dramatic downturns and potential investment opportunities for those prepared. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki...
Santander launches US digital subsidiary Openbank, extending North American footprint as it targets deposit growth with cloud technology
Santander, the Spanish banking group with €1.3tn (US$1.4tn) in deposits, is launching its digital banking subsidiary Openbank in the US market, marking the group's first nationwide retail banking offering beyond its Northeast...
Weekly jobless claims unexpectedly fell last week in a sign that turnover in the labor market remains low.
New data from the Department of Labor showed 227,000 initial jobless claims were filed in the week ending Oct. 19, down from 241,000 the week prior and below the 242,000 economists had...
Alternative investment firm Castlelake backs YouLend's revenue-based lending with a three-year agreement as the platform expands its reach
YouLend, an embedded finance provider that delivers revenue-based lending through partners including Amazon and eBay, has secured a financing facility from Castlelake to develop its US operations.
The facility enables YouLend to extend up to US$1bn...
Fresh data out Thursday showed the US economy remains on track to grow at a solid pace through the end of 2024.
S&P Global's flash US composite PMI, which captures activity in both the services and manufacturing sectors, came in at 54.4 in September, down from 54.6 in August. Economists...
HSBC is expanding the trade financing solutions it offers for businesses trading on e-commerce platforms in mainland China and Hong Kong, in partnership with Dowsure Technologies.
The partnership aims to benefit SMEs facing challenges in securing trade finance by integrating an e-commerce data solution from Dowsure with HSBC banking solutions.
By streamlining the...
An investigation is underway in Canada after a 19-year-old Walmart employee was found dead inside a store’s walk-in bakery oven Saturday night.
Police were called to a Walmart location in Halifax, Nova Scotia, over the weekend, where they discovered the body of a woman “located in a large walk-in oven...
As much as two in three European banks may not be prepared to meet the EU’s instant payment deadline, a new survey by the transaction data management firm, Intix, has revealed.
Intix reveals that while only 33 per cent of respondents said they are ready to meet these deadlines, a further...
Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident about strong rate cuts from the Federal Reserve, while corporate news pressured McDonald's and Coca-Cola.
Benchmark 10-year U.S. Treasury yields reached a three-month high with investors reassessing the Fed rate-cut outlook over...
