The US dollar tumbled to multi-month lows on Thursday following a slowdown in US core inflation, which was its slowest pace in three years.
Finance/Venture
US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report
The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.
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 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.
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 possible.
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Visa has implemented sweeping changes on how its credit and debit cards are used in the United States through the introduction of a single physical card that could be connected to multiple bank accounts.
The complexities surrounding contract management, asset tracking, and service optimization have created significant hurdles for enterprises worldwide. Enter Revnue, an innovative solution spearheaded by industry veterans Sunny Sharma, John Cortez, and Sean Stanton. With a collective wealth of experience accumulated over decades in various technology leadership roles, they have embarked on a transformative mission to redefine the landscape of contract management and operational efficiency.
Wall Street hits record highs as US inflation slows to 3.4%, sparking optimism among investors, although concerns linger about potential consumer spending gaps amid weaker-than-expected retail sales growth.
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.
AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%.
