British homeowners may have to pay 50% more on their mortgages by the end of the year as a result…
Browsing: Economy
The embattled First Republic Bank has been taken over by regulators and will be sold to JPMorgan Chase, the California…
The gold standard as it existed under the Bretton Woods system until 1971 is likely never coming back. There are…
The turmoil in the financial industry caused by the collapse of Silicon Valley Bank (SVB) is not over yet and…
Japan has begun purchasing Russian crude oil above the $60-a-barrel cap, breaking with Western allies thanks to an exception authorized by the…
Russia and Iran are integrating their banking systems in order to get around being banned from SWIFT, the critical communication system…
Sales of existing homes fell for the eleventh consecutive month in December, according to the National Association of Realtors. Existing…
An interesting announcement relating to the payments industry has materialized from the World Economic Forum by the name of The Universal Digital…
Cryptocurrency exchange Coinbase Global Inc on Wednesday said it will halt operations in Japan due to volatile market conditions. All Coinbase Japan customers…
The White House on Friday called for the debt limit to be raised without conditions, laying down a marker ahead…
The Swiss National Bank on Monday reported a loss of 132 billion Swiss francs ($143 billion) for the 2022 financial…
U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk…
New York may not have enough cash to keep up with the number of people filing for unemployment. When it…
Business activity in the US service sector fell last month for the first time since 2013, hurt by the coronavirus,…
Demonstrating confidence in China, international investors continued to invest in the country’s economy. Net purchases of Chinese bonds were worth…
You hear EVA before you see it. A whirring and whizzing noise greets you as you enter the offices of…
An ex-CEO of Goldman Sachs who helped cause the 2008 financial crisis has claimed Bernie Sanders would ruin the economy…
The US saw another month of strong jobs growth in January, extending a streak of gains that has surprised many…