business news

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

Financial technology firm Klarna is pushing deeper into banking with its own checking account-like product and a cashback offering that…

UK economy expands 0.6% in second quarter; June growth stalls

The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries

WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and…

Schumer says a crypto bill can pass Senate this year; key Dems join ‘Crypto4Harris’ call

Senate Majority Leader Chuck Schumer said Wednesday that he believes the Senate can realistically pass a bipartisan crypto regulation bill…

China’s bond market intervention reveals financial stability worries

BEIJING — China’s latest efforts to stem a bond market rally reveals wider worries among authorities about financial stability, analysts…

Columbia University president resigns months after Israel-Hamas war protests roiled campus

The president of Columbia University announced her resignation Wednesday after a little more than a year on the job, following…

FTC bans fake online reviews, inflated social media influence; rule takes effect in October

The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, such as those generated with…

Trump packs economic speech with personal attacks on Harris

Republican presidential nominee Donald Trump attempted to paint a bleak picture of the U.S. economy Wednesday and pin it on…

Biden hosts first Creator Economy Conference for influencers to talk AI, privacy and more

The White House hosted 100 digital content creators and industry professionals Wednesday to speak with key officials about the “creator…