Buy-now-pay-later models, allowing consumers to pay for purchases in installments, have grown significantly in recent years. However, recent headlines highlight difficulties consumers face in meeting payments amid challenging […]
Economy
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Japan Warns of Economic Risks Amid U.S. Tariffs
Japan faces significant economic challenges due to tariffs imposed by the United States. According to a government report, Tokyo has issued warnings about the risks these tariffs pose […]
Economy
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Spain’s Economy Minister Highlights Robust Growth Despite Tariff Pressures
Houston (USA), June 12 (EFE).- Spain’s Minister of Economy, Trade, and Enterprise, Carlos Cuerpo, described the country’s economic growth as enviable despite the pressures from the tariff conflict […]
Markets
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Dollar Hits Lowest Level Since 2022 Amid Economic Uncertainty
The dollar has fallen to its lowest level in three years due to growing concerns over U.S. tariffs and deteriorating economic prospects. The Bloomberg Dollar Spot Index dropped […]
Economy
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Economic Stagnation in Regions Fuels Populist Surge in Wealthy Nations
The rise in inequality over recent decades has sparked significant interest among academics and the general public. This has led to the belief that worsening income distribution is […]
Economy
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Unexpected Surge in Social Security Claims Raises Concerns About Economic Stability
There has been an unexpected increase in people applying for Social Security benefits this spring. Between January and May, claims rose nearly 18% compared to the same period […]
Banks
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General Atlantic Pauses Early Recruitment of Bankers Amid Market Uncertainty
General Atlantic has joined Apollo in halting the early recruitment of bankers, reflecting growing uncertainty in the financial sector. This decision comes amid concerns about economic stability and […]
Technology
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Elon Musk Announces Tesla’s Upcoming Robotaxi Service
Elon Musk has announced that Tesla’s much-anticipated robotaxi service will launch in Austin, Texas, on June 22. This autonomous vehicle (AV) service is central to Tesla’s future plans, […]
Technology
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Chime IPOs at $14.5B After Struggling to Secure VC Funding
Neobank Chime successfully went public on Thursday, raising $864 million in its IPO with shares priced at $27 each, exceeding its initial range of $24 to $26. This […]
Economy
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US Producer Prices Rise Less Than Expected in May
In May, U.S. producer prices increased less than anticipated, as service costs such as airfares declined. The producer price index for final demand rose by 0.1% last month […]