Slowing lending growth risks reducing a key generator of profitability for the main US banks when they report third-quarter earnings this week.
Net interest income — the difference between what banks spend on deposits and what...
Reports show debt grew to over $1 trillion in the second quarter, putting some in financial pressure before student loan payments began.
The Federal Reserve Bank of New York announced this month that Americans' credit card...
Singapore's financial regulator announced on Tuesday that stablecoin laws have been approved, making it one of the first countries in the world to do so.
A sort of virtual money called a stablecoin is intended to...
Following a dip in U.S. banks, Asian markets declined on Wednesday, echoing actions on Wall Street.
JPMorgan Chase, Wells Fargo, and Bank of America all saw share prices fall by 2% and 3%, respectively. The action...
According to Ethiopia's finance minister, post-conflict reconstruction will cost around $20 billion and will necessitate assistance from foreign organizations and investors.
"We need about $20 billion over five years," Ahmed Shide said of the amount needed...
Low Risk Investments
1. U.S. Treasury Bills, Notes and Bonds
Risk level: Very low
Potential returns: Low to moderate, depending on maturity
U.S. Treasury securities are backed by the full faith and credit of the U.S. government....
When Amazon.com Inc. and Apple Inc. report quarterly results on Thursday, we’ll get a look at two big companies, with big expectations, trying to do smaller things — or at least less exciting things, or...
Apple CEO Tim Cook wants the tech industry to take action against "fake news" stories that are polluting the web.
"There has to be a massive campaign. We have to think through every demographic," Cook said...
A government-backed scheme is granting high-risk consumers interest-free loans from a few small UK commercial lenders during the cost of living crisis.
The British government will transfer 45 million pounds ($57.18 million) from its Dormant Assets...
Direct loans from private lenders are now commonplace in company financing due to the expansion of private credit. Following the Global Financial Crisis, changes in regulatory framework forced banks to turn away from private lending...
