Impasse on US debt overshadows G7 finance leaders’ meeting
An impasse in Washington over raising the US debt ceiling has overshadowed a meeting of the Group of Seven (G7) finance leaders starting on Thursday, raising fears of a US…
Federal Reserve signals potential rate hike in near future
The Federal Reserve has recently signaled that there may be a potential interest rate hike in the near future. This announcement comes in response to the rebounding US economy as…
Unemployment rate drops to record low in the United States
The unemployment rate has dropped to a record low in the United States, highlighting the strong job market and a robust economy. According to the Bureau of Labor Statistics, the…
US markets continue to rally amidst global economic uncertainty
Despite widespread economic uncertainty, the US markets are continuing to rally, setting new records and defying earlier predictions of imminent decline. Experts attribute this to a number of factors, including…
US stocks surge as trade tensions between US and China ease
In a major relief for investors, US stocks surged on Monday as tension between the US and China eased. The Dow Jones Industrial Average rose by over 300 points, while…
WhatsApp’s Secret Weapon in Tackling Financial Fraud and Scams
WhatsApp, the popular messaging app, has become a ubiquitous tool for communication in today’s world. With over 2 billion users worldwide, WhatsApp has revolutionized the way we connect and communicate…
US Federal Reserve cuts interest rates in response to economic slowdown
On Tuesday, the US Federal Reserve announced it was cutting interest rates by 50 basis points in response to the economic slowdown caused by the coronavirus outbreak. The federal funds…
How Big Banks are Partnering with WhatsApp to Reach More Customers
In today’s digital age, businesses are increasingly turning to social media and messaging platforms to connect with their customers. Big Banks are no exception. They are partnering with WhatsApp to…
Big Banks Report Strong Q1 Earnings Despite COVID-19 Pandemic Challenges
The first quarter of 2021 has been mostly successful for big banks despite the ongoing COVID-19 pandemic challenges. Many of the biggest names in the banking industry have reported strong…
WhatsApp’s New Privacy Policy and the Implications for Financial Transactions
WhatsApp, the popular messaging app owned by Facebook, has recently rolled out a new privacy policy that has caused quite an uproar among its users. The new policy, which is…
