Finance
Car Finance Payouts Halted Until 2027 Amid Legal Challenges
Millions of drivers expecting car finance compensation face delays until at least 2027 due to legal challenges against the FCA's £9.1bn scheme.
Finance 367 articles
Finance
PayPal Joins European Payments Council to Shape Industry Future
PayPal has secured a seat on the European Payments Council (EPC), aiming to influence the future of payments across the Single Euro...
Finance
US 30-Year Mortgage Rate Hits Seven-Week Low at 6.43%
The average 30-year fixed U.S. mortgage rate dropped to 6.43%, its lowest point in seven weeks, offering relief to prospective homebuyers.
Finance
Credit Card Payments Outpace Debit Growth First Time Since 2000
Credit card payments have outpaced debit card growth for the first time since 2000, according to the latest Federal Reserve Payments Study,...
Finance
Digital Euro: EU’s Strategy to Secure Economic Autonomy
The European Central Bank is advancing plans for a digital euro, aiming to reduce the EU's reliance on US payment giants and...
Finance
Morgan Stanley Slashes Oil Forecasts on Rapid Hormuz Flow Return
Morgan Stanley has significantly cut its oil price forecasts, citing a faster-than-expected recovery of flows through the Strait of Hormuz and increased...
Finance
Three in Five UK Homes Unsold as High Mortgage Rates Deter Buyers
Three in five homes listed for sale since January remain on the market, according to Zoopla, as high mortgage rates continue to...
Finance
Supreme Court Blocks Trump’s Fed Governor Firing Attempt
The US Supreme Court blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook in a 5-4 decision, citing insufficient due...
Finance
BIS Flags AI Spending Risks, Citing Opaque Financing
The Bank for International Settlements warns current AI optimism and capital expenditure may be unsustainable, citing supply bottlenecks, over-investment, and opaque 'circular...