Global Finance

In a world increasingly driven by technological innovation, the competition between nations has never been more pronounced, particularly in the realm of biotechnology. Recent studies, notably from the Harvard Belfer Center, reveal that China is rapidly gaining ground in this critical field, suggesting that it could soon usurp the United States’ long-standing lead in biotech,

The intricate web of diplomatic relations between the United States and China seems to be tightening, with each frayed thread tugged by various geopolitical tensions. President Donald Trump’s recent remarks reveal a stark reality: navigating a trade agreement with China’s President Xi Jinping is nothing short of a Sisyphean challenge. Trump’s candid acknowledgment that making

Klarna, the Swedish fintech company that has taken the e-commerce world by storm with its “buy now, pay later” (BNPL) scheme, is charting an ambitious course to redefine its business model. On a recent Tuesday, the firm revealed its pilot program for the Klarna Card, a new Visa debit card aimed at U.S. customers before

In recent months, the legislative actions of House Republicans have ignited a firestorm of debate across economic and political landscapes. A sweeping tax cut package, passed in May, is poised to increase the national debt by an astonishing $3.1 trillion over the next decade, according to the Committee for a Responsible Federal Budget. Some forecasts

In the world of finance, investors closely monitor the bond market as it serves as a barometer for economic health. Recently, market dynamics have shifted significantly, prompting experts to advise a strategic pivot towards shorter-duration bonds. This trend reflects growing concerns about volatility and potential inflationary pressures. As Joanna Gallegos, founder of BondBloxx, highlighted on

In the intricate web of international trade, the relationship between the United States and China occupies a pivotal role. Recently, discussions aimed at de-escalating tensions between these two economic powerhouses reached a plateau, prompting U.S. Treasury Secretary Scott Bessent to signal the necessity for direct dialogues between the nation’s leaders. In his interview with Fox

The electric vehicle (EV) sector in China is undergoing a seismic shift as competition intensifies, with ramifications reverberating beyond national borders. Recently, industry powerhouse BYD made headlines by slashing prices on its budget-friendly battery-only and hybrid models, offering discounts as steep as 30%. This bold move leaves a profound impact on the domestic auto economy,

Starling Bank, the British online lender that has carved out a niche in the digital banking space, reported a significant drop in its annual profit, sparking a flurry of discussions about systemic issues within the fintech sector and the ramifications of regulatory oversight. For the financial year ending March 31, 2025, Starling’s profit before tax

In an era dominated by digital banking and fintech innovations, JPMorgan Chase has dared to revive a classic concept: the physical bank branch. However, this is not merely a superficial update; it’s a calculated move designed to capture the attention of America’s wealthiest. The bank has acquired 14 physical locations from its recent purchase of

The electric vehicle (EV) market in China is witnessing a fierce competition, with various players vying for a share of an increasingly lucrative sector. While established giants like Tesla have dominated the landscape, new entrants continue to emerge with aggressive strategies aiming to woo consumers. Among these, Xiaomi, known primarily for its smartphones, has recently

In a bold legislative maneuver, House Republicans have put forth the “One Big Beautiful Bill Act,” a sweeping financial package that, upon scrutiny, reveals an alarming trend favoring the wealthy at the expense of low-income households. Experts have noted an inherent contradiction in the bill’s design: while high earners stand to gain substantial financial benefits,

In a remarkable turn of events in the personal finance industry, Monarch, a San Francisco-based startup, has successfully raised $75 million in a Series B funding round. This injection of capital is not just another routine funding tale; it’s a sign of significant disruption in the consumer fintech landscape following the demise of Mint, a