The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
Even with a modest surplus in September, the shortfall totaled $1.833 trillion, $138 billion higher than a...
According to a recent study, there is no single touchpoint to reach Gen Z, although a significant 86 per cent of the generation believe that cashback and loyalty rewards play an important role when making a purchase.
These findings, based on the ZBD ‘Gen Z Payments Study‘, a survey of over 2,000...
Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or...
China's economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth.
On an annual basis, gross domestic product (GDP) rose by 4.6% in the three months to the end of September, according to China's National Bureau of Statistics.
That...
LOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow.
The streamer’s ad-tier memberships jumped 35% quarter over quarter. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.
While...
HSBC is the first major bank to launch such an initiative, allowing international mortgage applicants to retrieve their credit history for a UK mortgage application.
This provides non-resident customers from eligible regions - Australia, Switzerland, the Philippines and the USA - and those who have recently relocated to the UK...
Eligible Apple Pay users in the US and UK will have first access to Klarna’s payment offerings, including pay later in three or four installments with no interest or over longer periods. The global expansion will continue with Canada slated to launch in the coming months.
“Consumers around the world...
The digital payments market in Israel is on the verge of a significant transformation, with major changes expected to take effect in the coming year. New and refreshing payment options will allow consumers to pay quickly and easily, saving both time and money. V-Check, a leading Israeli fintech company...
Gold advanced towards record highs on Wednesday as gains in non-yielding bullion were bolstered by weakness in U.S. bond yields and expected rate cuts by major central banks, with additional safe-haven support from ongoing geopolitical conflicts.
Spot gold rose about 0.6% to $2,676.03 per ounce, inching close to a record...
China will expand its “whitelist” of real estate projects and speed up bank lending for these unfinished developments to 4 trillion yuan ($561.8 billion) by the end of the year, the country’s housing ministry said Thursday.
Ni Hong, China’s minister of housing and urban-rural development, made the announcement at a...
