Economy
Retail Sales Growth Halves in April as Higher Gas Costs Curb Spending
U.S. retail sales growth slowed significantly in April to 0.5%, down from March's 1.6%, as elevated gas prices, fueled by the Iran...
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Finance
Saudi FinTech Stitch Raises $25M Series A for Core Banking Overhaul
Saudi Arabia-based FinTech Stitch has raised $25 million in Series A funding led by Andreessen Horowitz to replace fragmented, legacy bank core...
Finance
US 30-Year Mortgage Rate Eases to 6.36%, First Drop in Weeks
The average long-term U.S. mortgage rate for a 30-year fixed loan fell to 6.36% this week, marking its first decline after two...
Economy
China Now U.S. Peer After Trade Clash, Says Security Expert
A former national security official contends China has emerged as a peer to the U.S. following a trade conflict initiated by Trump's...
Finance
Mario Draghi: Charlemagne Prize Winner for European Economic Leadership
Mario Draghi, former ECB chief and Italian PM, awarded the Charlemagne Prize for stabilizing the Eurozone and championing European competitiveness.
World Business
India Halts Sugar Exports for Four Months to Safeguard Domestic Supply
India, the world's second-largest sugar producer, has imposed a four-month ban on sugar exports to ensure sufficient domestic supply, reversing earlier export-friendly...
Economy
Poland’s Wnorowski Flags Economic Risks Over Inflation Concerns
MPC member Henryk Wnorowski prioritizes safeguarding economic growth from geopolitical shocks over immediate inflation control, urging caution on interest rate hikes for...
Finance
Fed Data Signals Consumer Shift to Installments Amid Rising Debt
Federal Reserve data shows household debt and credit card delinquencies climbing, pushing consumers toward fixed-payment installment plans, a trend confirmed by PYMNTS...
Investing
Foresight Canada Honors Cleantech Leaders at Web Summit
Foresight Canada announced the inaugural Canadian Cleantech Awards winners at Web Summit Vancouver, recognizing key contributors to the nation's sustainable future.