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...


Latest News

McKinsey Is Offering Employees 9 Months Salary to Quit the Firm
McKinsey & Co. offers nine months' pay to some employees who want to leave the company.
Operational Excellence with AI: RIGHTSENSE AI Simplifies Dynamic Business Metrics Management for Real Time Actionable Insights
RIGHTSENSE AI is dedicated to bringing the practical advantages of Generative AI, Large Language Models (LLMs), RAG and beyond, to businesses that constitute 43.5% of the US GDP, but that often lack t
Federal Reserve Needs to Be 'More Aggressive' With Rate Cuts Amid Weakening Jobs Market, Wall Street Analyst Says
The Federal Reserve is facing pressure to implement more aggressive rate cuts amid a weakening jobs market.
Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
KuCoin Crypto Exchange Hit With US Charges Over Money Laundering Allegations
KuCoin, a major crypto exchange, faces US charges for money laundering violations, allegedly moving billions in illicit funds, prompting regulatory crackdown amid market impact.
Krispy Kreme Doughnuts Will Be Available in McDonald's Soon
McDonald’s will sell Krispy Kreme Doughnuts nationwide through an exclusive partnership by the end of 2026.
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
UK Government Cuts NatWest Stake, No Longer Controlling Shareholder
UK government slashes NatWest stake to 29.8%, no longer controlling shareholder.
Redditors Became Instant Millionaires As Company's Stock Soars 48% During Stock Exchange Debut
Reddit Inc. made a remarkable debut on the NYSE, surging 48%. Tens of thousands of Reddit users participated in the IPO through a directed-share program, resulting in immediate profits for some while
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