White House tackles age concerns on Biden’s 81st birthday: ‘It’s about the president’s experience’
As President Joe Biden marked his 81st birthday Monday, the White House continued to push back against the view that...
Economy
Malaysia and Singapore launch real-time payment link for easier transfers
In a significant step towards enhancing financial connectivity in Southeast Asia, the central banks of Malaysia and Singapore have announced...
Here’s how much aid the U.S. gives to Israel — and why it may get billions of dollars more
Israel’s military campaign against Hamas has entered its sixth week, and the country is facing a growing backlash against the...
Bank of Spain Governor sees no need to extend mortgage support
MADRID (Reuters) - Bank of Spain Governor Pablo Hernandez de Cos on Monday said he did not see the need...
Ecobank and AGF ink $200 million deal to boost African SMEs
LOMÉ - Ecobank and the African Guarantee Fund (AGF) have announced a renewed partnership with a $200 million risk-sharing agreement,...
Economy still flashing recession signs, U.S. leading index finds
The numbers: The leading economic index declined 0.8% in October and fell for the 19th month in a row, but the...
EBRD launches €100 million fund for young entrepreneurs in Morocco
LONDON - The European Bank for Reconstruction and Development (EBRD) has announced a significant new initiative aimed at bolstering young...
CFPB orders Toyota to pay $60 million for preventing car buyers from canceling insurance, maintenance options
The Consumer Financial Protection Bureau ordered Toyota’s U.S.-based auto-financing subsidiary to pay $60 million to harmed consumers for illegally blocking...
US consumer credit applications drop amid rising borrowing costs
The recent Survey of Consumer Expectations Credit Access from the New York Fed has revealed a notable decline in the...
Fed’s Barkin says he sees inflation ‘being stubborn,’ makes case for keeping rates ‘higher for longer’
Richmond Federal Reserve Bank President Tom Barkin said Monday that inflation has come down nicely, but some businesses are planning...
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