Global Finance

In an era marked by unpredictable trade policies and heightened tariffs, the economic landscape is fraught with turbulence, challenging central banks to make informed decisions amidst uncertainty. Federal Reserve President Austan Goolsbee’s recent commentary sheds light on the intertwining effects of President Donald Trump’s tariff initiatives and their broader implications for monetary policy. It’s crucial

In the high-stakes smartphone market, where luxury and brand loyalty often dictate consumer choices, Xiaomi is making waves by challenging the status quo set by industry giants like Apple. With the launch of the Xiaomi 15S Pro, which starts at an appealing price point of 5,499 yuan ($764), the Chinese smartphone maker has positioned itself

In a decisive moment that underscores the interconnectedness of global commerce, Bc Babycare, a Shanghai-based enterprise specializing in baby products, has boldly declared its intentions to penetrate the U.S. market. This move comes amid a tumultuous backdrop of trade tensions between the United States and China, a conflict that has raised significant concerns for businesses

Klarna, a rising star in the buy now, pay later (BNPL) sector, faces significant turbulence as it navigates a challenging financial landscape. In the first quarter of 2025, the Swedish fintech firm reported a staggering net loss of $99 million, starkly contrasting with the $47 million loss documented in the same period a year prior.

Long-term care expenses are an ever-growing concern in the United States, and the figures are staggering. With projections indicating that individuals aged 65 and older may require care that can exceed $100,000—often exceeding even $122,400 for those turning 65 today—many families find themselves unprepared. Unfortunately, a significant number of Americans tend to overlook or underestimate

Gold has served as a reliable safeguard during turbulent economic times, and its recent resurgence underscores this historical role. Following a remarkable 35% increase in value over the past year, there’s an ongoing conversation among financial experts about whether this beloved precious metal can continue its ascent. Notably, David Schassler, a key figure at Van

Warren Buffett, widely regarded as an investment sage, recently made headlines by announcing his planned departure from the CEO position of Berkshire Hathaway after an astonishing six-decade tenure. This revelation comes against the backdrop of his personal acknowledgment of the inevitable effects of aging, underscoring a sentiment that resonates deeply with many: age can shift

In a bold move, New York Attorney General Letitia James has launched a lawsuit against Capital One, leveling serious accusations of financial misconduct against the banking giant. This legal action triggers questions not just regarding Capital One’s marketing practices but also the broader implications of consumer rights in an evolving financial landscape. Capital One is

EToro, a trailblazer in online trading and investment, is making waves with its recent pricing of an Initial Public Offering (IPO) at an eye-catching $52 a share. This key development comes as the Israel-based firm aims to capitalize on a resurgent market appetite for innovative financial services, particularly in the ever-expanding realm of cryptocurrency. The

The U.S. faces an unprecedented tariff environment, with current import duties reaching levels unseen since the Great Depression. A comprehensive report from Yale Budget Lab has unveiled that the average effective tariff rate has surged to 17.8%—the highest point since 1934. This inflationary climb represents a staggering increase of 15.4 percentage points compared to the

In a landscape where financial independence is more crucial than ever, Ric Edelman, a prominent figure in the realm of personal finance, draws attention to a pressing issue: the pervasive lack of financial literacy among Americans. Speaking candidly on CNBC’s “ETF Edge,” Edelman asserts that efforts to enhance financial understanding have fallen short, and this

Navigating the job market today feels like walking through a maze: an environment filled with paradoxes where the overall economy is largely stable, yet job seekers are grappling with the harsh realities of diminished opportunities. Recent statistics indicate that while unemployment rates were at a favorable 4.2% in April, the hiring pace has drastically slowed