Finance
Consumer Debt Attracts $150 Billion Private Credit Influx
Private credit firms have significantly increased their consumer debt holdings by $150 billion since 2019, reaching $350 billion, as they pursue high-yield...
Finance 347 articles
Finance
Warren Challenges Fed Nominee Warsh on $100M Holdings
Fed nominee Kevin Warsh faces tough questions from Sen. Warren over his $100M+ financial holdings and confidentiality agreements, adding to his turbulent...
Finance
Traders Abandon Havens, Dial Up Risk on Mideast Truce Hopes
Credit investors are loading up on riskier debt, betting on an extended US-Iran truce and strong corporate performance, moving away from safe...
Finance
Iran War Threatens Global Stagflation, EBRD Economist Warns
The Iran war's ongoing hostilities are raising concerns of global stagflation, according to EBRD chief economist Beata Javorcik. She warns that sustained...
Finance
Home Depot Boosts Delivery Speed with SIMPL Automation Acquisition
Home Depot acquires SIMPL Automation, leveraging its AI and engineering to accelerate same-day and next-day delivery, enhance storage, and optimize fulfillment.
Finance
QVC Files for Bankruptcy, Its Core Idea Won
QVC, the pioneering live shopping network, announced its bankruptcy filing, yet its foundational model of interactive, host-led commerce has triumphed, migrating to...
Finance
Bangladesh Pushes IMF on Key Reforms for $5.5 Billion Loan Balance
Bangladesh's Finance Minister met with IMF officials in Washington to continue negotiations on key reforms tied to the balance of a $5.5...
Finance
Mortgage Rates Decline as Iran Truce Hopes Emerge
Major lenders are reducing mortgage rates on new deals, offering relief to buyers as money markets react positively to potential truce developments...
Finance
Global Finance Chiefs Seek Equal Mythos AI Briefings
Non-U.S. finance leaders express concern over unequal access to Anthropic's Mythos AI model information, urging broader international sharing for financial stability.