Tag: Economy

China’s small bank mergers shrink sector but raise financial risks

The craft beer industry has suffered a devastating year in 2025, as over 250 breweries in the U.S. closed down permanently in the first six months of the year. Most craft breweries blamed rising costs, slowing taproom traffic, and fierce retail competition as the reasons for their demise…

It’s been a frustrating holiday season for those who have recently been laid off or seen wage growth stagnate even as prices for seemingly everything have increased. Unemployment has risen and is significantly above the levels seen in 2023, while inflation has rebounded since April due to President …

What are the macroeconomic consequences of a weaker rupee

US regulator grants crypto firms initial approval to launch trust banks

Many investors fear that artificial intelligence is a bubble, and these fears aren’t waning, despite reassuring statements from analysts. Oracle stock closed the Thursday trading session 10.84% lower at $198.84, following the release of the earnings report. The hit Oracle was taking also …

SoFi is making sweeping changes to a benefit that many customers have long enjoyed as a courtesy, but new features might make up for the shakeup…

Hong Kong central bank cuts interest rate, tracking Fed move

Fed may not give Trump his rate cuts, but has set out a positive view of the 2026 economy

You’re not just signing up for a car when you finance at the dealership — you’re stepping into a lender’s strategy. Right now, that strategy increasingly belongs to big banks. Experian’s Q3 2025 data show banks at 28.9% of total auto financing, up 3.1 percentage points from a year earlier — the …