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.
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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.
Krispy Kreme Raises Global Points of Access Goal to 100,000, Which Includes Thousands of McDonald's Branches
Krispy Kreme is planning to expand its reach by selling donuts in more McDonald's branches and other restaurants abroad.
China Plans to Acquire Apartments, Relax Mortgage Rules in Response to Weakening Real Estate Market
Chinese authorities announced plans to buy some of its huge housing inventory, simplify financing requirements, and deliver unfinished homes.
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
Latest News
The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.
Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments getting canceled when asked about its fate.
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
The European Union is investigating Facebook and Instagram under concerns of insufficient child protection measures, with Meta facing scrutiny regarding compliance with digital regulations, particularly focusing on age verification tools and privacy safeguards for minors.
Honda will invest 10 trillion Japanese yen ($65 billion) in EVs until 2030 to stay competitive in the market.
An engine of Garuda Indonesia Flight 1105, a Boeing 747-400 carrying Muslim pilgrims to Mecca, caught fire during takeoff in Makassar airport, forcing the pilot to return to the runway in an emergency landing.
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Amgen's treatment for patients with the most deadly form of lung cancer has been approved by the Food and Drug Administration on Thursday.
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.
