BEIJING (Reuters) – New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks. Chinese banks extended 2.73 trillion yuan ($416.62 billion)in new yuan loans in March, up…
Bank of America just made one of the boldest silver price calls on Wall Street. Michael Widmer, the bank’s head of metals research, projects silver could reach anywhere between $135 and $309 per ounce before the end of 2026. The wide range is intentional. Both targets are anchored in historical …
Capital One (COF) could be preparing to transition several of its branded credit cards to the Discover Network, the latest step in the integration between the two consumer banking giants, which arose from Discover Financial Services’ (DFS) $35.3 billion acquisition last year. New benefits guides …
As the Ozempic Generation seeks to make its calories count, one Minneapolis-based manufacturer of pea and soy protein powders has been quietly grown into an AgTech powerhouse amid shelves lined with protein-packed cereals, pastas and sports drinks. “What GLP1-users all want is to get more protein in their diet,” says Tyler Lorenzen, CEO of Puris…
Analysis-AI boom will be no free pass for debt-laden major economies
Analysis-Under siege from politics, central bankers fight back – at a cost
More than 30 years have passed since Reginald Lewis made history by becoming the first Black American to own and operate a billion-dollar corporation, after he led the $985 million leveraged buyout of the food conglomerate Beatrice International. His 1987 buyout made headlines on Wall Street and, by 1991, earned the Baltimore native a spot…
Russia eyes higher Urals oil exports to China amid Indian cutbacks, traders say
JPMorgan just reset its long-term gold price target in a big way, while keeping its blockbuster $6,300 forecast for 2026 intact. The bank reiterated its year-end 2026 call of $6,300 per ounce. However, it also meaningfully raised its long-term gold forecast by 15% to $4,500. Clearly…
During years reporting on personal finance, I’ve written frequently that Social Security provides an important — though ideally not dominant — stream of income that helps cover essential expenses for Americans in retirement. And a key decision people face as they approach retirement is choosing the …
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