A Fitch Ratings analyst cautioned that the US banking industry is getting closer to another source of turmoil: the prospect of broad rating downgrades on dozens of US institutions, including JPMorgan Chase.
In June, the ratings...
Many individuals are worried about an AI-dominated future due to AI's stratospheric growth in public consciousness. Will AI change industries? Does it democratize or solidify them? Will it improve or worsen outcomes? Finance has been...
According to Randall Kroszner, a former governor of the Federal Reserve, more interest rate increases are not to be ruled out.
Currently a professor of economics at the University of Chicago, Kroszner predicts that rates will...
Recently, the subject of discussion on a messaging platform run by the Shanghai Stock Exchange, where investors can ask businesses questions directly, has been a vast financial conglomerate's delayed payments.
One of the main participants in...
Federal prosecutors stated Monday that Swiss bank UBS has agreed to pay a total of $1.4 billion in civil penalties for misdeeds and fraud in the sale of residential mortgage-backed securities that date back to...
The S&P 500 index is on the verge of a fifth straight monthly gain in July. It’s a reality that few on Wall Street expected just eight months ago.
As a result, it seems that one...
What does concessional finance look like in practice?
Let’s make this tangible with an example from the Climate Investment Funds’ Clean Technologies Fund.
At a conference in 2021, the Kazakhstan Energy Minister said that in the last 5...
Putin and Hyperinflation in Russia
As prices surged in the West following Russia’s invasion of Ukraine, Vladimir Putin was confident enough about the health of his own economy to gloat.
The Russian leader said last summer that...
What is seed funding?
Seed funding refers to the initial sums of money a business venture raises, the seed funding represents the initial equity funding stage. The early investment that seed funding provides to a business...
Sustainable communities can be described as places where:
the needs of everyone in the community are met and people feel safe, healthy and ultimately happy
our environment is appreciated, protected and enhanced and damage to the environment...
