Rising Debt, Delinquencies, and a Hot Wholesale Inflation Print Signal More Rate Hikes
US Fed's plans of interest rate cuts and market expectations of a "soft landing" could be at stake as wholesale inflation data for April notches up.
Is the Netflix Stock on Track to Reach New Record Highs?
Netflix's focus on quality content, monstrous marketing strategies, product innovation, and exploring multiple revenue pools continue to drive user base growth.
Indonesian Finance Minister Sri Mulyani Faces A Mounting Economic Storm
Indonesia's President-elect Prabowo Subianto pledges to maintain the economic stability achieved under President Jokowi.
34% of Brits Say UK Economy Is Huge Concern: Household Budgets Leaner and Food Scarcity Rising
Polling shows Britons place the economy at the top of the list of priorities and the UK government will need to address the public's concerns.
This Nike Alternative Growth Stock Jumped 582% Over the Past Decade on Strong Fundamentals
Lululemon Athletica's strong momentum, cash flow, and earnings growth despite sticky inflation make it well-positioned for global expansion and product innovation.
France vs. 'Shrinkflation': Starting July 1, All 'Shrinked' Products Must Be Labelled For Consumers
France's new legislation mandates clear labeling for downsized products, aiming to combat 'shrinkflation' and empower consumers.
US Fed Vice Chair Says Interest Rates Should Remain On Pause
The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
Ex-Starbucks CEO Tells Execs To Spend Time With 'Those Who Wear Green Apron,' Address Growing Problems in U.S.
Howard Schultz has advised Starbucks senior staff to visit the coffee chain's stores and get a sense of how the customer experience can be improved.
JP Morgan CEO: Americans Are in 'Good Shape' Financially and 'Still Have Money From COVID'
JPMorgan CEO says consumers still doing well despite inflation, sparking backlash online.
'Is That Where We're at Now? Financing Bread and Milk?': Using Klarna's 'Buy Now, Pay Later' for Groceries
Klara's interest-free loans may suit people with low credit scores, but the consequences of late payments can be similar to credit cards or traditional loans.
Research Firm Says AI-Fueled Stock Market Will Burst by 2026: What Does Bank of America Say?
Analysts share how overvalued AI companies, tech adoption, higher rates, inflation, and growing corporate earnings affect stock and bond returns in the future.
US Stocks Rebound On Tech Earnings, London Hits New Record
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies.
US Fed's Favored Inflation Measure Accelerates, Dimming Rate Cut Hopes
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.
Should I Invest in Defence Stocks? UK Gov Say They Align With ESG After Rishi Steps up Military Spending
The growing need to protect ships, submarines, and aircraft may see stocks like BAE Systems and Rolls-Royce benefit from higher demand for military equipment.
5 Stocks From Warren Buffett's Portfolio To Buy and Hold for the Next Five Years
Buffett's investing philosophy is buying great companies at a fair price. These five stocks form the pillar of his $340 billion portfolio, poised for future growth.
Dominican Election On Knife Edge As Presidential Debate Approaches
The upcoming Dominican election hangs in the balance as incumbent Luis Abinader faces off against former President Leonel Fernández.
Asian Markets Mixed As Global Rally Stalls, Eyes On Yen
Equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far.
Most Asian Markets Rise With Earnings, US Data In View
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.
New EU Spending Rules Bring Back Debt Discipline Focus
With an energy crisis and record high inflation in the EU's rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances.
London Is UK's 'Best Place To Start A Small Business'
Simply Business' "Best UK Cities for Small Businesses Index for 2024" has London listed as the best city in the UK to start a small business.
What Is Bitcoin Halving: When Is It and Do I Buy Bitcoin Before or After Halving?
Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate.
29% of US Households Are Considered 'ALICE': What Does That Mean And Are You One?
ALICE households face major difficulties with making ends meet as they earn over the Federal Poverty Level, disqualifying them from government benefits.
6 Reasons Why Your Credit Score Dropped Even If You Pay On Time
Factors like cosigning loans, closing old credit card accounts, high credit utilization, and errors in your credit profile can reduce your credit score.
What Is The Cheapest Tesla: Models You Can Buy For $40K, $70K And $80K
Tesla cars are constantly upgraded, which leads to frequent price fluctuations. Learn about the current prices and features of models 3, X, Y, and S variants.
'Do I Pay for My Daughter's Ear Infection or Food': Manager Had $34K Student Debt, Now It's Over $500K
As a senior manager at a pharmaceutical firm, Angela Bolt's student loans began at $34,000, but have grown to an overwhelming $528,152 over the years.
Mom Sells Her $84K Dream Car After Paying Over $40K in Loan Interest Over Three Years
This woman paid over $40K over three years to reduce the principal of her car loan by only $10,000, with the remaining going towards interest payments.
London Rent To Increase 13% in Next 3 Years; Officials Want Better Protection of Renters
Rent rises are set to grow by a further 13 per cent despite having increased at the fastest rate recorded in the past two years
London Man Pays $62 Monthly To Live In A Refurbished Dumpster To Avoid High Rent
This London architect started living in a rented dumpster to express his living conditions through art and reduce monthly living costs to extremely low levels.
'You've Been Lied to About Buying Property': Multimillionaire On Why He Rents and Refuses To Buy Real Estate
Millionaire busts real estate investment myths, and explains why renting can be better and you should see your properties as expenses rather than investments.
Australia PM Unveils Plan To Overhaul Economy, Invest In Green Energy
Mining superpower Australia on Thursday announced a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more resilient economy.