Finance
Private Credit Fund Hit by Massive Investor Withdrawal Requests
A private credit fund recently faced massive investor withdrawal requests, signaling growing anxieties in the market. A retiree's exit highlights widespread unease.
Finance 323 articles
Finance
Prediction Markets Threaten Tribal Gaming’s $44 Billion Economic Lifeline
Prediction markets like Polymarket and Kalshi are challenging tribal casinos' established $44 billion industry, prompting accusations of unlawful gambling and a fierce...
Finance
US 30-Year Mortgage Rate Hits 6.46%, Damping Spring Home Sales
The average U.S. long-term mortgage rate climbed to 6.46%, its highest in nearly seven months, marking a fifth consecutive weekly increase and...
Finance
NY Fed’s Williams: Inflation, Job Risks Balanced; Favors Steady Rates
New York Fed President John Williams states risks to inflation and employment from higher energy prices are 'in balance,' advocating for holding...
Finance
US Fuel Prices Soar: Global Markets, Not Gas Stations, Drive Costs
U.S. drivers face the highest pump prices since 2022, with the national average topping $4 a gallon. Experts confirm these costs are...
Finance
Retail Loyalty’s New Frontier: Flex Credentials Drive Universal Spend, Deeper Insights
Flexible credentials give retail rewards a second act, moving beyond traditional co-brand cards. Marqeta's Todd Pollak details how universal spend incentives adapt...
Finance
Real-Time Payments Deliver Precision, Certainty for Firms and Workers
Joint research by PYMNTS Intelligence and The Clearing House shows real-time payments are fundamentally altering how money is managed, reducing uncertainty for...
Finance
Energy Shock Drives UK Firms’ Price Hike Plans, BOE Reports
UK businesses are planning larger price increases, projecting a 3.7% rise over the next year, in response to surging energy costs, a...