Card Delinquencies Below Pre-COVID Levels
Credit card delinquencies among American consumers reportedly crept up slightly last month.
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The average delinquency rate, which measures late payments, rose to 2.66% in July...
Card Rewards at ‘Inflection Point’ as Companies Court Ultra-Rich
Have you found yourself struggling to make the most of your credit card rewards?
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According to a Sunday (Aug. 17) report by The New York Times (NYT), you aren’t alone, as b...
Character.AI CEO Envisions Future With ‘AI Friends’
Would you count an AI among your list of friends?
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Karandeep Anand, the CEO of artificial intelligence (AI) chatbot company Character.AI, told the Financial Times (FT) Sund...
Retail Earnings Could Assess Consumers’ Post-Tariff Health
This week will see Walmart and other major U.S. retailers report their quarterly earnings.
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And as Bloomberg News noted in a report Saturday (Aug. 16), these numbers will off...
Gemini Pursues IPO Amid Surge in Losses
Cryptocurrency exchange Gemini says it is ready to go public amid rising losses.
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The company, led by billionaire twin brothers Cameron and Tyler Winklevoss, filed for an ini...
BlackRock CEO Larry Fink appointed as WEF interim co-chair
The World Economic Forum (WEF), the influential global convening force for policymakers and industry leaders, has appointed BlackRock CEO Larry Fink as interim co-chair. The move comes hot on the heel...
Bank of America Survey Reveals Big Money Keeps Dodging Crypto
A recent Bank of America (BofA) Global Fund Manager Survey shows that institutional investors remain largely absent from crypto discussions.
The BofA survey polled 211 managers overseeing $504 bill...
