Finance
Fed Data: Households Maintain Big Purchase Plans Despite Inflation
New Federal Reserve data reveals consumers intend to maintain spending on major purchases, with a focus on managing payments to absorb costs.
Finance 165 articles
Finance
Yotta Fined $1M by California Over Deceptive FDIC Claims
California regulators fined FinTech Yotta Technologies $1 million for misleading customers about FDIC insurance before the Synapse collapse, leaving many unable to...
Finance
EDUC Plans $0.5M Inventory Buys, Adds $2M Credit Line for FY27 Growth
Educational Development Corporation (EDUC) is strategizing phased $0.5M inventory purchases and securing a $2M credit line to fuel fiscal year 2027 expansion.
Finance
Ghost Brokers Target Young Drivers with Fake Car Insurance
Young drivers are falling victim to 'ghost brokers' selling non-existent car insurance online, warns the FCA. Half of 16-25 year olds surveyed...
Finance
24 Democratic States Sue Trump Administration Over New Student Loan Caps
A coalition of 24 Democratic-led states and the District of Columbia has filed a lawsuit challenging the Trump administration's new federal student...
Finance
Empty Storefronts, Food Banks: St Brelade’s Economic Reality
St Brelade, Jersey, faces a severe economic downturn marked by deserted commercial areas and a cost of living crisis forcing working families...
Finance
Standard Chartered to Cut Over 7,800 Roles Amid AI Integration
Standard Chartered plans to eliminate more than 15% of its back-office roles by 2030, citing increased use of artificial intelligence and automation.
Finance
BBVA Embeds Banking Experience Directly Into ChatGPT for European Users
BBVA has launched a conversational banking app within ChatGPT for customers in Italy and Germany, allowing users to inquire about accounts and...
Finance
Payments Infrastructure Faces ‘New Legacy Problem,’ Says Paymentology CEO
Paymentology CEO Jeff Parker warns that even recent digital payment infrastructure is rapidly becoming outdated, creating a new legacy challenge for the...