All Finance Stories

  1. US Senate Housing Bill Restricts CBDC Issuance Until 2031

    US Senate Housing Bill Restricts CBDC Issuance Until 2031

    A bipartisan US Senate housing bill includes a provision banning the Federal Reserve from issuing a retail central bank digital currency until at least 2031, signaling increased congressional focus on digital currency policy.

    3mo ago 1 min read
  2. Europe Launches Wero: A New Payment System to Challenge Visa, Mastercard

    Europe Launches Wero: A New Payment System to Challenge Visa, Mastercard

    European banks are launching Wero, a digital wallet aiming for payment independence from US giants like Visa and Mastercard, citing control and cost concerns.

    3mo ago 1 min read
  3. Visa and Bridge Launch Global Stablecoin Card Program

    Visa and Bridge Launch Global Stablecoin Card Program

    Visa and Bridge are expanding their stablecoin-linked payment card program to over 100 countries, integrating digital assets into mainstream commerce.

    3mo ago 1 min read
  4. Fitch Downgrades Indonesia's Credit Outlook to Negative

    Fitch Downgrades Indonesia's Credit Outlook to Negative

    Fitch Ratings has revised Indonesia's sovereign credit rating outlook to negative, citing policy uncertainty and concerns over credibility. This follows similar actions by Moody's.

    3mo ago 1 min read
  5. Box Beats AI Fears with Strong Earnings Surge

    Box Beats AI Fears with Strong Earnings Surge

    Box Inc. defies AI-driven market fears, delivering robust earnings and revenue growth, signaling resilience in the cloud content management sector.

    3mo ago 1 min read
  6. Trump Proposes New Savings Account to Address Retirement Disparity

    Trump Proposes New Savings Account to Address Retirement Disparity

    President Trump unveils a plan for a new government-backed retirement savings account targeting millions without employer-sponsored plans, aiming to bridge America's retirement savings gap.

    3mo ago 1 min read
  7. Indonesia Navigates Oil Price Surge, Aims to Keep Deficit Below 3%

    Indonesia Navigates Oil Price Surge, Aims to Keep Deficit Below 3%

    Indonesia's Finance Minister Purbaya Yudhi Sadewa is implementing expenditure adjustments to maintain the fiscal deficit below 3% of GDP amid rising Middle East oil prices.

    3mo ago 2 min read
  8. ARK Invest Buys Robinhood Stock Ahead of Major Product Unveil

    ARK Invest Buys Robinhood Stock Ahead of Major Product Unveil

    Cathie Wood's ARK Invest increases its stake in Robinhood, anticipating new product launches at the brokerage's "Take Flight" event.

    3mo ago 1 min read