Spending on credit and debit cards decreased last month, marking the first monthly decline since February 2021, according to the June statistics released by London-based Barclays bank.
Finance/Venture
JPMorgan Chase Aims to Attract 15% of US Consumer Deposits, Expand Credit Card Share
JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.
Archegos Founder Bill Hwang Found Guilty of Securities Fraud
Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.
Fifth Third Bank Agrees to Pay $20 Million to Settle Charges Over Fake Accounts, Forced Unwanted Car Insurance
Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Yonge Street Capital Co-Founder Nathanael Aikman Found Guilty of Fraud, Sentenced to 4-Year Jail Time
Yonge Street Capital co-founder Nathanael Anthony Aikman has been found guilty of fraud charges by a Canadian provincial court for accepting millions of dollars from investors.
Latest News
Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.
Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks re-election.
In 2023, Millennials topped the list for average savings by generation, followed by Gen Z, with Baby Boomers holding the largest total savings across generations.
Managing credit card debt can become overwhelming, but there are practical steps you can take to reduce financial strain.
Here's how Elon Musk and Bill Gates' feud started. Elon Musk and Bill Gates, two of the tech world's most prominent figures, have been engaged in a public feud that has captured significant attention.
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Lingo, a unique crypto project that aims to disrupt the rewards industry, is having the much-anticipated pre-public sale of its native token, LINGO. The token represents a gamified, RWA-powered rewards token for the next billion in Web3.
