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Fed Chair: Interest Rate Path Remains Uncertain Amid Economic Ambiguity
Banks

Fed Chair: Interest Rate Path Remains Uncertain Amid Economic Ambiguity

Posted on: June 19, 2025

Federal Reserve Chair Jerome Powell stated that projections regarding the path of interest rates, known as the “dot plot,” should be approached cautiously due to the high level […]

Chile’s Central Bank Raises Economic Growth Forecast to 2.0-2.75% for 2025
Banks

Chile’s Central Bank Raises Economic Growth Forecast to 2.0-2.75% for 2025

Posted on: June 19, 2025

Chile’s Central Bank has revised its economic growth forecast for 2025 to a range of 2.00-2.75%, up from its previous estimate. For 2026, the bank maintained its projection […]

Mexican CCE Announces 700,000 Job Openings to Mitigate Repatriation Impact
Banks

Mexican CCE Announces 700,000 Job Openings to Mitigate Repatriation Impact

Posted on: June 18, 2025

Amid tensions over migration policies between Mexico and the United States, the Mexican Business Coordinating Council (CCE) announced 700,000 job openings to mitigate the economic and social impact […]

Banks

American Express Announces Major Updates to U.S. Consumer and Business Platinum Cards Later This Year

Posted on: June 16, 2025

American Express has announced plans for significant updates to its U.S. Consumer and Business Platinum Cards later this year. These changes aim to enhance the luxury credit card […]

Bank of Japan Maintains Cautious Stance on Interest Rate Hikes Amid Economic Uncertainty
Banks

Bank of Japan Maintains Cautious Stance on Interest Rate Hikes Amid Economic Uncertainty

Posted on: June 15, 2025

Bank of Japan Governor Kazuo Ueda stated on Tuesday that the central bank will not aggressively pursue interest rate hikes unless there is a clear improvement in economic […]

ComEd Announces $500 Financial Aid for Electricity Bills in Chicago: Who Qualifies?
Banks

ComEd Announces $500 Financial Aid for Electricity Bills in Chicago: Who Qualifies?

Posted on: June 14, 2025

ComEd has announced a $500 financial aid initiative aimed at reducing electricity bill payments for residents in Chicago. This assistance is part of a $10 million fund designed […]

U.S. Steel and Nippon Steel Announce Partnership Agreement
Banks

U.S. Steel and Nippon Steel Announce Partnership Agreement

Posted on: June 14, 2025

U.S. Steel and Nippon Steel have announced an agreement with the U.S. government to formalize the terms of a ‘partnership’ between the two companies. This comes over a […]

Anker Recalls PowerCore 10000 Power Banks Due to Fire and Explosion Risks
Banks

Anker Recalls PowerCore 10000 Power Banks Due to Fire and Explosion Risks

Posted on: June 14, 2025

Electronics manufacturer Anker has issued an official recall for its PowerCore 10000 power banks, model number A1263, after receiving 19 reports of the devices catching fire or exploding. […]

Brazil central bank to hold interest rates at 14.75% on June 18, economists say: Reuters poll
Banks

Brazil central bank to hold interest rates at 14.75% on June 18, economists say: Reuters poll

Posted on: June 14, 2025

BUENOS AIRES, June 13 (Reuters) – Economists predict that Brazil’s central bank will maintain its benchmark interest rate at 14.75% during its June 18 meeting, according to a […]

How Financial Education Can Break the Cycle of Debt
Banks

How Financial Education Can Break the Cycle of Debt

Posted on: June 13, 2025

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 […]

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