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News
Big investment return promises could see people losing all their money – FCA
45+ min ago (396+ words) The Financial Conduct Authority (FCA) has highlighted the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money. A loan note or mini-bond usually involves lending money to a company for…...
C's July Card Delinquencies Tick Up: Will This Impact Asset Quality?
17+ hour, 3+ min ago (198+ words) Citigroup Inc. C continues to navigate credit-quality challenges amid an uncertain economic environment. Per the latest SEC filing, its subsidiary, Citibank N.A., reported mixed credit card performance for July 2026, while lending activity declined during the month. U.S. credit card metrics were mixed…...
Japan exports rise 23.2% year/year in July
10+ hour, 15+ min ago (86+ words) TOKYO, Aug 20 (Reuters) - Japanese exports rose 23.2% year-on-year in July, up for an 11th straight month, data from the Ministry of Finance showed on Thursday. The result compared with a 19.9% increase expected by economists in a Reuters poll. Imports grew 27.8% in July…...
Fed Deems Rate Hike Necessary if Inflation Fails to Cool, Minutes Show
14+ hour, 56+ min ago (47+ words) Yahoo! Finance Canada Oops, something went wrong Fed Deems Rate Hike Necessary if Inflation Fails to Cool, Minutes Show Federal Reserve officials acknowledged the need for an interest rate hike if inflation does not ease...
Goldman Sachs is reporting that AI usage by companies increased the US unemployment rate by 0.1%. The report shows "visible but narrow AI-related labor market impacts in the US," while noting that evidence in other economies is more limited.
17+ hour, 12+ min ago (124+ words) Yahoo! Finance Canada Oops, something went wrong Goldman Sachs is reporting that AI usage by companies increased the US unemployment rate by 0.1%. The report shows "visible but narrow AI-related labor market impacts in the US," while noting that evidence in…...
Inflation is heating up but don't expect another crisis
22+ hour, 38+ min ago (555+ words) The fallout from the war in Iran cranked up the heat on households last month as energy bills rose - how uncomfortable could inflation get from here? The first thing to remember is that a small amount of price rises is…...
Jump in energy bills drives UK inflation to highest rate for four months
1+ day, 3+ hour ago (641+ words) Higher energy bills drove UK inflation up to 2.9% in the 12 months to July, the latest figures show. Gas prices rose at the highest rate in almost four years, the Office for National Statistics (ONS) said, which led to an increase…...
Jump in energy bills drives inflation to 2.9% - the highest rate for four months
1+ day, 3+ hour ago (161+ words) The UK's inflation rate rose to 2.9% in the year to July, up from 2.6% the month before Widely expected by economists, the increase was driven by "the largest rise in gas prices for almost four years", the Office for National Statistics…...
JPMorgan warns a global food crisis could hit next year, and unlike oil, there’s no backup plan for fertilizer
1+ day, 15+ hour ago (727+ words) When it comes to food security, things may get worse before they get better. And as Howard Jones sang in his 1985 hit, "Things Can Only Get Better," he "won't stop and falter." That's a fitting attitude for Americans staring down…...
XCMG Co-organizes 15th China Innovation & Entrepreneurship Competition "AI + Construction Machinery" Division as Registration Opens
2+ day, 4+ hour ago (360+ words) Yahoo! Finance Canada Oops, something went wrong Canada markets open in 5h 57m XCMG Co-organizes 15th China Innovation & Entrepreneurship Competition "AI + Construction Machinery" Division as Registration Opens XUZHOU, China, Aug. 18, 2026 /PRNewswire/ -- The 15th China Innovation & Entrepreneurship Competition – "AI + Construction Machinery" Division opened for registration…...