US household debt largely unchanged in Q2, credit card balances jump, NY Fed says
By Ann Saphir Americans borrowed more than ever on their credit cards in the last quarter, the New
2023-08-08 23:25
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:22
Huobi Gets $209 Million Injection From Justin Sun, Blockchain Firms Say
Crypto entrepreneur Justin Sun transferred more than $200 million of digital tokens to his exchange Huobi Global, according
2023-08-08 21:15
Fed's Harker: May be at point to 'hold rates steady'
By Dan Burns Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve
2023-08-08 20:17
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:52
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:20
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and
2023-08-08 15:18
Why has Ireland got so much surplus cash?
The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027.
2023-08-08 13:46
S.African lender Nedbank posts 11% rise in half year profit
JOHANNESBURG (Reuters) -South Africa's Nedbank Group, amongst the top five lenders in the country, recorded an 11% rise in interim
2023-08-08 13:25
Graffiti Battle Erupts on London Street Over Chinese Politics
A group of artists apparently from China whitewashed a wall long decorated by artists in London and then
2023-08-08 12:16
China’s Rare Russia Rebuke Doesn’t Mean Xi Is Ditching Putin
China last week unleashed some of its strongest criticism against Russia since Vladimir Putin invaded Ukraine. Yet any
2023-08-08 06:59