For most of the past decade, the payments industry ran on a single governing idea: move money faster. Speed was the product, frictionlessness was the brand, and whoever built the fastest rails won. That idea Read more…
Amazon is the biggest online retailer in the world. It’s made tens of billions of dollars in profit, and the company uses that cash to finance its businesses and projects for future earnings growth. Despite Read more…
AppLovin has already become one of Wall Street’s more closely watched artificial-intelligence advertising stories. The company’s growth has been fast enough to raise a different question for investors: How much more can it squeeze out Read more…
US initial jobless claims rose by 5k to 215k in the week ending May 23, coming in slightly above expectations of 210k. The four-week moving average of initial claims also climbed to 209k. Continuing claims Read more…
Between the current jet fuel crisis and the regular challenges of staying afloat in a notoriously expensive industry, at least a dozen airlines have now filed for bankruptcy since the start of 2026. Some, like Read more…
US durable goods orders posted much stronger-than-expected growth in April, highlighting continued resilience in business investment and manufacturing demand despite elevated interest rates and growing inflation concerns. Headline durable goods orders jumped 7.9% mom to Read more…
Buying a home is considered the biggest financial decision a person will make — but return on investment isn’t always guaranteed. Once a rite of passage into adulthood, today’s environment of high interest rates, record Read more…
US inflation data for April showed some moderation in monthly price pressures, though the broader annual trend continued pointing higher as the Federal Reserve remains focused on persistent inflation risks. The headline PCE price index Read more…
The accounts of the April 29–30 meeting of the European Central Bank revealed that policymakers came significantly closer to raising interest rates than markets may have initially realized. While all members ultimately agreed to leave Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 29-30 April 2026 28 May 2026 1. Review of financial, economic Read more…