Finance
Hormuz Deal: Shipping Faces Months of Disruption
A US-Iran deal to reopen the Strait of Hormuz offers hope, but mines, high insurance, and geopolitical risks mean pre-war shipping normalcy...
Finance 347 articles
Finance
BOJ Readies Rate Hike to 1995 High; Ueda Absent from Meeting
The Bank of Japan is expected to raise its benchmark rate to 1%—the highest since 1995—at a historic meeting without Governor Kazuo...
Finance
Guernsey Charity Founder Peter Neville Retires; James Ellis Takes Chair
Peter Neville, founder of Guernsey Community Savings, has retired after establishing the charity to support the financially excluded. Former banker James Ellis...
Finance
June Sales Showdown: Amazon, Walmart, Target Vie for Shoppers
Amazon, Walmart, and Target are launching overlapping sales events in June, intensifying competition as Prime Day shifts from its traditional July timeframe....
Finance
West Devon Council Issues 78 Crisis Payments Amid Soaring Costs
West Devon Council has issued 78 crisis payments since April, primarily aiding low-income families facing surging heating oil costs. The council also...
Finance
Prime Day Becomes National Retail Weather Front
Amazon's Prime Day has evolved from a single shopping event into a nationwide retail 'weather system,' driving billions in spending and prompting...
Finance
Target, NBCUniversal Launch Shoppable TV Series for Summer Products
Target partners with NBCUniversal for "Shop What Happens," a new Bravo digital series allowing viewers to shop curated summer products directly from...
Finance
SBA Halts Loans to Green Card Holders, Upending Immigrant Entrepreneurship
The Small Business Administration has stopped approving loans to firms not fully owned by U.S. citizens, excluding legal permanent residents. This policy...
Finance
US Mortgage Rate Hits 6.52%, Nears Year High Amid Geopolitical Tensions
The average long-term U.S. mortgage rate rose to 6.52% this week, just shy of its year high, driven by elevated bond yields...