Global Finance

As the world increasingly focuses on the technological rivalry between the United States and China, an imminent threat looms that extends beyond just artificial intelligence (AI) and semiconductors. New analyses illustrate China’s remarkable surge in biotechnology, an area that includes drug development and agricultural innovations. According to a recent report by the Harvard Belfer Center
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Recent reports indicate that negotiations between the U.S. and China continue to be fraught with tension and uncertainty. President Donald Trump publicly acknowledged the difficulty of striking a deal with his Chinese counterpart, Xi Jinping. His comments reflect not only the current climate of trade relations but also the broader geopolitical landscape where both nations
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Klarna, the Swedish fintech giant known for its revolutionary “buy now, pay later” (BNPL) services, is embarking on a transformative journey that would significantly alter its business landscape. The introduction of the Klarna Card—set to pilot in the U.S. before expanding to Europe later in the year—represents a strategic shift from its foundational credit offerings
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In the complex world of investing, bonds often serve as a beacon of stability. As the economic landscape experiences increasing turbulence, investors are placing heightened scrutiny on the movements of bond prices and their corresponding yields. Presently, indicators suggest a cautious yet opportunistic approach towards shorter-duration securities in the fixed-income realm. Joanna Gallegos, the influential
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In the intricate dance of international trade, the relationship between the United States and China remains a focal point of global dynamics. Recent statements from U.S. Treasury Secretary Scott Bessent highlight a notable stall in trade talks between the two nations, underscoring the need for direct communication between their leaders. Bessent’s assertion that upcoming discussions
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Starling Bank, a frontrunner in the British online lending landscape, is currently grappling with a significant downturn in its annual profits, a development that raises critical questions about its operational integrity and the sustainability of its business model. The lender reported a pre-tax profit slump of nearly 26%, culminating in £223.4 million ($301.9 million) for
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In an era where personalized financial services are gaining immense traction, JPMorgan Chase is taking a revolutionary approach to attract America’s affluent population. It’s not about flashy advertisements or groundbreaking technological innovations; instead, it is a revival of the traditional bank branch model, enhanced with a service ethos that prioritizes the customer experience. This strategy
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In a striking turn of events in the personal finance landscape, Monarch, a progressive fintech startup, successfully secured $75 million in funding aimed at bolstering its growth. This significant investment comes in the wake of Mint’s abrupt shutdown, which left a void in the market for consumer finance tools. Notably, this round of funding positions
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The passage of the “One Big Beautiful Bill Act” by House Republicans is a pivotal moment in American economic policy, revealing the entrenched interests that often overshadow the needs of low-income households. This comprehensive legislation has sparked significant debate, largely due to its disproportionate benefits to high earners at the expense of lower-income Americans. It’s
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