Finance
Climate Heats Up Risk for Italy’s Cheese-Backed Loans
Italy's Credito Emiliano, known for loans secured by Parmigiano-Reggiano, now confronts escalating climate risks. Extreme heat is driving up energy costs and...
The Editorial Team 1074 articles
World Business
Mastercard Proposes 50% Payout, Services to Resolve Will Bank Dispute in Brazil
Mastercard has offered Brazilian merchant acquirers half the demanded amount and multi-year fraud protection services to settle the dispute stemming from the...
Finance
Paysafe Powers Formula E Fan Engagement with Envision Racing Title Deal
Paysafe announces a title partnership with Envision Racing, integrating motorsport, gaming, and payments to create a new fan engagement ecosystem for Formula...
Stocks
Western Union, Intermex Acquisition Faces California Regulatory Hurdle
Western Union's acquisition of Intermex has received New York approval but faces a suspension from California regulators, potentially delaying the deal.
Markets
Regulators Scrutinize ‘Mention Markets’ Amid White House Controversy
Federal officials are investigating "mention markets" on prediction sites, where bets are placed on spoken words, following a White House incident involving...
Finance
Mortgage Rates Inch Down After Six-Week Climb, Still Higher Year-Over-Year
U.S. mortgage rates saw a slight dip this week, offering a brief respite for homebuyers. However, borrowing costs remain elevated compared to...
Stocks
Figure’s Blockchain Marketplace Hits $1 Billion Weekly Loan Applications
Figure's Consumer Loan Marketplace saw Q2 volume jump 132% to $4.3 billion, with weekly loan applications now exceeding $1 billion.
Economy
U.S. Loses Up to $26 Billion Yearly to Tariff Dodging, White House Reports
A new White House report reveals the U.S. is losing up to $26 billion annually in tax revenue due to countries routing...
Finance
Citi Acquires Kard, Targets Personalized Rewards Growth
Citi's U.S. Consumer Cards business plans to acquire Kard Financial, a commerce media and rewards platform, to expand customer engagement and deliver...