Finance
How the IMF’s New Outlook Reflects a Resilient Global Economy
Global growth is set to slow slightly in 2025, according to the latest outlook from the International Monetary Fund (IMF). The organization has adjusted its...
Government Shutdown Leaves Wall Street Without Jobs Data and Creates Uncertainty
Wall Street finds itself navigating uncertain waters as the federal government shutdown has halted the release of official jobs data, removing a crucial economic indicator...
The Impact of the End of the Federal EV Tax Credit
The electric vehicle (EV) market in the United States is facing a significant shift following the expiration of the $7,500 federal EV tax credit. This...
Bango Sees Subscription Bundles Reshaping Banking Loyalty and Engagement
Nearly half of young adults aged 18 to 34 say they would switch banks for better subscription bundle offers, a new study from digital payments...
U.S. Heavy Truck Sales Signal Economic Slowdown
The latest data on heavy truck sales in the U.S. is sending a clear signal about the country’s economic trajectory. Sales of these vehicles, which...
The U.S. Economy Faces Stagflation as Growth Slows and Inflation Rises
Recent reports indicate that the U.S. economy is showing signs of stagflation, a challenging economic condition where slow growth coincides with rising inflation. This combination...
How Private Equity Could Change 401(k) Investing
Private equity firms are poised to make a notable entrance into the 401(k) retirement plan market following a recent executive order designed to broaden investment...
Inflation and Labor Market Trends Suggest Fed Rate Cut Next Week
As the Federal Reserve prepares for its upcoming meeting next week, the latest inflation and labor market data suggest that the central bank is likely...
Mortgage Applications Rise with Interest Rates Moving Downward
The average interest rate for a 30-year fixed-rate mortgage on a conforming loan, which covers loan balances of $806,500 or less, has dropped to 6.49%...
Canada and U.S. May Be Sliding Toward a Recession, Former Bank of Canada Governor Warns
Stephen Poloz, the former governor of the Bank of Canada, is sounding a cautious note about the economic outlook for both Canada and the United...
