Finance
Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO
Zilch CEO Phil Belamant.ZilchBritish financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone...
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Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates
An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/Jonathan Ernst | ReutersWhile British...
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American demand for international trips drives ‘travel momentum’ and overall spending
Hinterhaus Productions | Digitalvision | Getty ImagesTravel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned...
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China’s first global gaming hit sells millions in a week. An early investor shares what’s next
People walk past the image of the 'Monkey King' character, or 'Sun Wukong' of Chinese action role-playing game 'Black Myth:...
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Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car
He Xiaopeng, founder of Chinese EV company Xpeng, said on Aug. 27 that the startup's next ten years will focus...
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U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up
Workers in July 2019 expand a mine in Germany intended to increase supplies of tungsten and fluorspar. Picture Alliance | Picture...
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Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds
A Dollar General store in Germantown, New York, on Nov. 30, 2023.Angus Mordant/Bloomberg via Getty ImagesThree of the nation's largest...
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401(k) auto-enrollment features don’t help savings as much as expected, study finds
Images By Tang Ming Tung | Digitalvision | Getty ImagesEmployers are increasingly putting workers' 401(k) plan savings on autopilot.But the...
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Warren Buffett leads Berkshire Hathaway to new heights at age 94
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.David...
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China’s electric car race is becoming more about chip prowess as companies focus on tech
Shaoqing Ren, vice president, autonomous driving development, at Nio speaks about the electric company's 5nm chip at its tech day...
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