For years, credit cards owned the conversation around rewards, loyalty, and everyday spending. That’s changing. As debit cards introduce rewards, buy now, pay later options, and other new capabilities, consumers are increasingly reaching for debit first—and financial institutions are taking notice. On August 19, join Paul Dunning, Director of Business Development at SoFi Tech Solutions, […]
Reports of a recession were greatly exaggerated The tone from economists was, at times, pointed. Douglas Porter, chief economist at BMO Capital Markets in Toronto, framed May’s result as a rebuttal to months of downturn anxiety: “it’s now clear that the underlying economy is still grinding ahead, with GDP up 1.7% from year-ago levels.” Porter, […]
A man who posed as a mortgage adviser and defrauded four people of more than £200,000 has been sentenced at Chester Crown Court. Adam Francis, 48, of Barnton, near Northwich, Cheshire, received a 25-month prison sentence, suspended for two years, along with up to 20 days of rehabilitation. He had previously pleaded guilty to four […]
Jeanine Pirro, the U.S. attorney for Washington, D.C., and FBI Director Kash Patel conduct a news conference at the Department of Justice on Monday, April 27, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro on Friday moved to dismiss an indictment charging U.S. Olympic […]
Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report. Processing Content Xero’s U.S. Small Business Insights report found that businesses are getting paid more reliably, but not more quickly. Although late payments improved during the June quarter, the small business accounting software maker found businesses […]
Avison Young’s cash flow issues are catching up to its UK companies. The brokerage and advisory firm persuaded a judge on Thursday to unfreeze its UK accounts, which NatWest Group had locked after Avison Young failed to pay taxes, Bloomberg reported. The bank froze the accounts in response to a winding-up petition — which involves applying to a […]
The Delhi government on Tuesday cleared the Lakshmi Yojana. Speaking to reporters after the Cabinet approved the scheme, Chief Minister Rekha Gupta said an online application portal for the Delhi Lakshmi Yojana would be launched on August 1. She added that beneficiaries are expected to receive the first instalment around Raksha Bandhan. Delhi Lakshmi Yojana […]
According to ATTOM’s just released Mid-Year U.S. Foreclosure Market Report, a total of 227,548 U.S. properties had foreclosure filings, including default notices, scheduled auctions, and bank repossessions, during the first six months of 2026. That figure was up 21 percent from the first half of 2025 and up 28 percent from the same period in […]
Freddie Mac has wrapped up a robust first half of 2026 with the announcement of its financial results for Q2. The government-sponsored mortgage investor reported a net income of $3.8 billion for the quarter, reflecting a 61% increase compared to the same period last year. This growth was primarily attributed to what the company referred […]
Italy’s financial market regulator, Consob, said Friday that it has ordered the blocking of six additional websites found to be offering investment services and financial instruments without proper authorisation. The blocked sites include aoncfd.com, wallexmarketsbv.it.com, Valore Capital (valore-capital.com), Igcapitaleurope.com, Dortuviax (dortuviax.it), and Market Capital FX (marketcapitalfx.com), along with their associated client portals and trading platforms. […]