Global Finance

In a notable turn of events, Walmart’s fintech initiative, OnePay, has unveiled plans for launching two new credit card products designed to cater to its vast customer base. Established in 2021 in collaboration with venture firm Ribbit Capital, OnePay’s primary objective is to facilitate financial services for those who have traditionally been overlooked by conventional

Generation Z, the cohort born between 1997 and 2012, is grappling with a unique set of economic challenges that leave many feeling disillusioned and economically paralyzed. As highlighted by a recent Credit Karma poll, almost half of adults within this age bracket perceive planning for the future as a futile exercise. It’s particularly troubling that

In a world increasingly driven by technology and innovation, a crisis looms that could stall the progress made in various industries. The global shortage of rare earth elements has emerged as a significant issue, especially as the U.S. and China remain locked in a precarious trade relationship. Rare earths, often overshadowed by mainstream commodities, are

As the stage is set for a fierce competition between the United States and China, the spotlight often lands on artificial intelligence (AI). However, new insights reveal an equally critical narrative unfolding in the realm of biotechnology. According to a recent report from the Harvard Belfer Center for Science and International Affairs, China is on

In the labyrinth of global commerce, few relationships are as pivotal yet perplexing as that of the United States and China. The recent remarks from President Donald Trump paint a vivid picture of the challenges that lie ahead. As tensions escalate, the President candidly expressed, through his Truth Social account, the inherent difficulties in negotiating

Klarna, the giant associated primarily with the “buy now, pay later” (BNPL) phenomenon, is embarking on an ambitious new journey by introducing its Visa debit card, known as Klarna Card. This strategic move is not merely a product launch but represents a larger vision to redefine the company’s identity and expand its influence in the

The ongoing debate surrounding tax cuts in the United States is increasingly fraught with complexities, contradictions, and potential long-term ramifications for the economy. As House Republicans enshrine their massive tax cut plan into law, concerns mount regarding the potential increase in national debt. This legislation, while seemingly beneficial on the surface, raises critical questions about

In the ever-evolving world of investing, bonds have historically been seen as a stabilizing force amid economic turbulence. Right now, investors are recalibrating their strategies, and the current trends in the bond market point to a clear preference for shorter maturities. With rising yields on short-term bonds, primarily driven by economic uncertainties and volatility in

In the labyrinth of international trade dynamics, U.S.-China relations remain a focal point of global economic stability. Recent statements from U.S. Treasury Secretary Scott Bessent highlight a growing urgency for direct communications between both nations’ leaders to break the current gridlock. Amid escalating tensions and regulatory complexities, one can’t help but question: will higher-level dialogue

China’s electric vehicle (EV) market has entered a tumultuous phase, marked by aggressive pricing strategies that have shaken the foundations of the domestic automotive industry. Recently, BYD, a leading player in the sector, announced drastic price cuts of up to 30% on several of its low-end battery-powered and hybrid offerings. This bold move has not

Starling Bank, the prominent British digital lender, is facing a challenging landscape as it grapples with a significant drop in annual profits. For the fiscal year ending March 31, 2025, the bank reported a profit before tax of £223.4 million ($301.9 million), a concerning decrease of nearly 26% compared to the previous year. This decline

In a bid to penetrate the wealth management sector and assert its dominance among America’s affluent households, JPMorgan Chase is confidently reinventing the traditional banking experience through a transformative approach to its physical branches. This isn’t merely about new apps or incentive-driven programs; it’s a calculated revival of the brick-and-mortar banking model, artfully resonating with