Gold prices have been on a wild ride lately, catching the attention of investors and economists alike. This precious metal has a history of being a safe bet during uncertain times, and it seems to be living up to that reputation once again. So, what's behind this sudden spike? Well, there are a few
The Trump administration is looking at the possibility of bringing Fannie Mae and Freddie Mac back to the public market. This could happen as early as the end of 2025. The Federal Housing Finance Agency (FHFA) Director William Pulte mentioned this on a social media platform. Pulte believes that the
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Hong Kong is gearing up for its big finance event in November. Top bosses from major banks and investment firms are expected to attend. This includes the heads of Goldman Sachs, Morgan Stanley, Citadel, and JPMorgan Chase. The event is set for November 3 to 5, but the final schedule isn't ready yet.
Companies often face a tough spot when they have to pay bills and salaries, but customers are slow to pay. This is where trade finance steps in. It's a way for businesses to get money by selling their unpaid invoices or getting a bank to guarantee payment. It's a lifeline for many. First Brands' re
In the race for Longmont's City Council seats, money is flowing in fast. With just two weeks left before Election Day, candidates have raised over $70, 000. This cash comes from different places, like personal loans, gifts, and donations from individuals and groups. Susie Hidalgo-Fahring is leading
Mutuum Finance, a decentralized finance (DeFi) project built on Ethereum, is making steady progress toward its Version 1 (V1) protocol launch on the Sepolia testnet, expected in the last quarter of 2025. The platform, which focuses on non-custodial lending and borrowing, has already raised over $17.
France is in a bit of a pickle. For the third time in a year, its credit rating has been downgraded. This time, it's Standard & Poor's (S&P) that's lowered the rating. But why does this matter? Well, think of it like this: a credit rating is like a financial reputation. It tells others how reliable
The sudden downfall of First Brands has put a spotlight on factoring, a type of supply chain finance that's not always clear to see. Investors are now taking a closer look at auto-parts manufacturers, wondering if more companies in this industry could be at risk. The worry? These companies might be
Zoomex made waves at the TOKEN2049 Singapore Summit, stepping into the spotlight with a mainstage chat and a side event that got the crypto world talking. The exchange brought together an unexpected duo: its CEO and an F1 driver, to discuss speed in racing and blockchain. Oliver Bearman, the Haas F1
