What Empower Finance's Acquisition of Petal Means for Cardholders
Empower Finance acquires Petal, merging strengths for cardholders. Potential access to Empower's financial tools may come with subscription fees.
Finance/Venture
US Credit Card Debt Is Rising, With Borrowers Owing an Average of Over $6,000
The average consumer has $6,218 in credit card debt, and the number of borrowers who are unable to make their payments is on the rise.
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China...
US Seniors: What You Need to Know About Retirement Abroad
With a growing number of people in the US choosing to retire elsewhere, those doing so are advised to research thoroughly on where to retire and enjoy their Social Security payments as much as possibl..
JPMorgan Chase CEO Jamie Dimon Sounds Alarm on Ballooning US Fiscal Deficit Due to High Government Spending
JPMorgan Chase CEO Jamie Dimon has cautioned that the United States should promptly address its ballooning fiscal deficit to avoid future economic turmoil...
Visa to Change Credit, Debit Card Operations in US
Visa has implemented sweeping changes on how its credit and debit card...
Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations
The US dollar tumbled to multi-month lows on Thursday following a slow...
Latest News
Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
IMF: Russia's Economy to Grow Faster Than US, Other Advanced Economies Despite International Sanctions Over Ukraine
Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the wor
Microsoft's $1.5 Billion Investment in AI Firm Allegedly Linked to China Raises Security Concerns
Microsoft's $1.5 billion investment in G42, an AI firm based in the UAE, faces security concerns from US officials over alleged ties to China.
JPMorgan Recruits Healthcare Banker From Deutsche Bank for Pharma Investment Team
JPMorgan Chase & Co. appoints Christopher Dass, a seasoned healthcare banker from Deutsche Bank AG, as managing director of their pharma-tech and pharma-services companies.
Wall Street Expresses Concerns Over Reddit's High User Growth But Low Share Value
Wall Street brokerages express doubts about Reddit's user growth which would reach 109 million users by 2026 as Reddit's shares fall below debut price.
Hong Kong Regulators Will Now Allow Bitcoin and Ether ETFs Amid Growing Crypto Adoption
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel
Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend.
