Is there a subprime credit-card crisis on the horizon?
Subprime consumers are falling behind on their credit-card bills. From Generation Z and millennials to Generation X and baby boomers, credit-card delinquency rates have been...
Gala Games founders biff over $130M theft, corporate waste allegations By Cointelegraph
[ad_1] The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million...
The Biden Administration to Implement Overtime Pay for Millions of Workers by Default
The Biden administration proposes overtime pay for salaried workers earning around $55,000 or less annually, exceeding the current $35,568 threshold. The plan aims to add...
‘We are buyers of gold on weakness’: Yellow metal resilient as real rates surge, says Morgan Stanley
Gold appears resilient amid the recent surge in real interest rates, presenting a buying opportunity over the intermediate term, according to Morgan Stanley’s wealth-management business....
Retailers Paint a Worrying Picture of American Consumers
The retail sector suffered a severe blow this week. Macy’s and Kohl’s reported significant sales declines, indicating deeper underlying problems. Stock values plummeted across the...
Australia’s corporate regulator calls for better handling of insurance claims By Reuters
[ad_1] © Reuters. FILE PHOTO-The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott/File Photo (Reuters) -Australia’s...
Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
The Fed Has Laid the Seeds of a Crisis That Wall Street Can No Longer Ignore
In a concerning move, Fitch downgraded America’s credit rating, emphasizing the country’s growing financial vulnerability due to prolonged Washington dysfunction. The Fed’s attempts to combat...
Bitcoin bought by corporate giants should not be feared — Michael Saylor By Cointelegraph
[ad_1] © Mundo Crypto PR During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and holding (BTC) in their...
Is AI's Rapid Rise the New Dot-Com Bubble About to Burst?
Despite the recent tech rally driven by generative artificial intelligence, concerns rise as Nvidia’s shares have almost tripled in 2023, with some attributing this surge...