Mastercard Inc. the second-largest payment-processing corporation worldwide, announced on Thursday a partnership with India-based supply chain finance platform, KredX. The collaboration aims to reshape business-to-business (B2B) digital payments by simplifying the intricacies that frequently crop up during these transactions, such...

A recent report has revealed the largest drop in Asia’s ultra-rich population compared to North America and Europe. The data from Altrata’s report, regarding a continent known for its rapid economic growth and burgeoning affluence, is startling. In the year...

The United States is reported to be experiencing a significant surge in the unemployment rate, which rose sharply to 3.8% in August, even as the economy added 187,000 new jobs to the workforce. The Bureau of Labor Statistics’ report on...

Recent times have witnessed an upsurge in the studies aimed at determining the required earnings for individuals to ensure a respectable standard of living across the diverse landscape of the United States. A recent study has ignited keen interest in...

US mortgage rates have indeed reached 22-year highs; the national average 30-year fixed mortgage rate is 7.59%, and the 15-year fixed mortgage rate is 6.86%, creating a challenging environment for potential homebuyers. In response to this situation, Zillow Group, Inc.,...

U.S. stock futures finally exhibit stability on Friday, poised for Federal Reserve Chair Jerome Powell’s eagerly anticipated address taking place in nearly five hours. The Dow Jones Industrial Average futures (YM00, 0.23%) rose 62 points, or 0.2%, reaching 34202. Meanwhile,...

As the Jackson Hole retreat approaches on Friday, a sense of uncertainty and apprehension looms over the markets. Federal Reserve Chairman Jerome Powell’s prior speeches have displayed his flexibility in policy agendas, but this year, the indicators suggest a different...

S&P Global’s decision on Monday to downgrade credit ratings for a number of US banks and revise their outlooks underscores the complex operational challenges that have engulfed the nation’s financial sector. The move follows a similar action taken by Moody’s...