Fintech is driving rising personal debt levels, in 4 charts
As fintech companies make it easier to obtain a loan, millennials are definitely the target for many originators. And it’s working — millennials are definitely partaking in.....»»
Fitch warns more emerging markets face downgrades
Emerging markets face more rating downgrades than upgrades this year as foreign debt levels leave them vulnerable to potentially rising U.S. interest rates and the strength of the dollar, according to Fitch Ratings......»»
Higher Costs & Debt Levels to Hurt International Flavors
International Flavors & Fragrances Inc. (IFF) is likely to be plagued by rising costs and intere.....»»
Will Escalated Costs Mar B&G Foods" (BGS) Earnings in Q4?
B&G Foods (BGS) benefits from robust acquisitions and pricing initiatives. However, rising freight costs and high debt levels.....»»
Elon Musk Issues Stark Warning Amid Rising National Debt: "...The Dollar Will Be Worth Nothing"
Elon Musk has voiced concerns about the future stability of the U.S. dollar, highlighting the escalating national debt as a potential catalyst for a looming economic crisis. read more.....»»
The US economy is already in a recession, and it"s following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard-lan.....»»
WEF President Warns Of Alarming Global Debt Levels Approaching Historic Highs: "We Cannot Get Into A Trade War"
Borge Brende, the president of the World Economic Forum, expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. read more.....»»
One of the world"s biggest cities is sinking, so they"re spending $35 billion to build a new capital from scratch. Take a look at Nusantara.
Rising sea levels are threatening to swamp Jakarta, Indonesia's biggest city, so authorities are building a new capital called Nusantara. Construction is underway on Nusantara.Firdaus Wajidi/Anadolu/Getty ImagesIndonesia plans to reloc.....»»
The US Presidents Who Added the Most to the National Debt
The federal government of the United States has carried some level of debt every year since George Washington’s first term as president. But while the national debt is as old as the country itself, levels of gove.....»»
Why Personal Products Major Unilever Shares Are Rising Today
Unilever's Q1 FY24 earnings showed revenue growth and strong performance from its Power Brands, Beauty & Wellbeing, Personal Care, and Home Care segments. read more.....»»
Billionaire Investor Ray Dalio Is Sticking With Gold As A Hedge Against Inflation: "History And Logic Show That ..."
Ray Dalio, the billionaire investor, is holding on to gold as a hedge against the potential risks of rising inflation and a looming debt crisis. read more.....»»
Here"s why economists are so worried about soaring US debt levels
The government's soaring debt balance risks stoking inflation and lowe.....»»
Taking another page from SVB, fintech Mercury expands into personal banking
Mercury is offering no-fee domestic wires and worldwide ATM rebates, among other benefits, as part of its new personal banking service......»»
BMO shares 4 charts showing why stock investors shouldn"t fear higher-for-longer interest rates
In every period of rising interest rates since 1990, the S&P 500 delivered positive performance, according to BMO's Brian Belski. Federal Reserve.....»»
The average US home price could spike 20% to a record $500,000 if the Fed cuts interest rates too soon, expert says
Cutting interest rates could spark a homebuying frenzy that combines with rising housing costs to send home prices to record levels, Bill Pulte said. The median home price could surge by 20% to over $500,000 if the Fed cuts rates.....»»
Welcome to the "tepid twenties," a decade of sluggish growth and rising debt, IMF chief says
"Inflation is not fully defeated. Fiscal buffers have been depleted. And debt is up," Kristalina Georgieva said in a sp.....»»
AppTech CTO Says AI Can Be Used To "Detect Unusual Activities," Flag Fraud
Mehrak Hamzeh from AppTech discusses fintech future, with focus on fraud prevention, AI and potential for exponential growth. Excited for InstaCash launch and driving innovation through technology. read more.....»»
8 Dave Ramsey Quotes Every 50 Year Old Needs To Hear
Best-selling author and personal finance expert Dave Ramsey has been on a mission to help people transform their relationship with money and get out of debt. With his highly successful book, “The Total Money Makeover”, his popular radio .....»»
Treasury Debt - Pristine Collateral Or A Red Flag
Treasury Debt - Pristine Collateral Or A Red Flag Via Charts and Parts Substack, Intro Spoiler alert: we have another red flag in the treasury market. The latest talk is to eli.....»»
Blockchain startup OwlTing aims at explosive growth
OwlTing, a Taiwan-based startup engaged in blockchain applications, aims to increase business by 50-100 times from the current level in 5-7 years, with new FinTech services to be the major driving force, according to company founder and CEO Darren Wang......»»