The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
The economy grew at a much more rapid pace than expected while inflation eased in the final three months of…
Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%. The hike to the…
British billionaire Joe Lewis pleads guilty to insider trading, securities fraud
British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related to insider trading. Lewis’…
Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO
Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…
German regulator urges banks to set aside bumper profits for bad news on the horizon
Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher…
