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US Consumer Optimism Surges as Holiday Shopping Season Gets Underway

US Consumer Optimism Surges as Holiday Shopping Season Gets Underway

The Conference Board, a business research organization, said on Tuesday that its consumer confidence index increased to 102 in November from 99.1 in October.

Nov 28, 2023 08:32 PM EST


Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally

Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally

Shein has quietly registered to go public in the United States as the Chinese-founded fast-fashion giant seeks to broaden its appeal internationally with a much-discussed IPO.

Nov 28, 2023 08:30 AM EST


Fast Food Inflation Persists: McDonald's and Other Chains Brace for Continued Price Hikes

Fast Food Inflation Persists: McDonald's and Other Chains Brace for Continued Price Hikes

Fast food gained popularity due to its low cost and quick service, but consumers are discovering that its dishes no longer provide the same value as they previously did.

Nov 28, 2023 07:50 AM EST


Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup

Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup

A umber of healthcare-focused bankers at Citigroup departed for competitor Jefferies Financial following discussions among the company's leadership about completely discontinuing the municipal banking division.

Nov 28, 2023 06:45 AM EST


Debt-Ridden States: The Heaviest Student Loan Burdens in the Nation

Debt-Ridden States: The Heaviest Student Loan Burdens in the Nation

According to a recent research, Maryland has the highest average student loan debt per borrower-more than $40,000-of any state.

Nov 28, 2023 06:35 AM EST


UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise

UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise

Officials claimed Monday that the British government reached an agreement with leading physicians in England that might put an end to a string of disruptive strikes.

Nov 28, 2023 02:45 AM EST


Lawmakers Sound Alarm over BoE's Role in Government Policy and Call for Urgent Reforms

Lawmakers Sound Alarm over BoE's Role in Government Policy and Call for Urgent Reforms

A damning analysis by senior U.K. officials claims that the Bank of England's present mandate puts it at danger of being entangled with larger government policy goals and compromises its ability to concentrate on bringing down inflation.

Nov 28, 2023 02:40 AM EST


Underprepared for Financial Emergencies: The Urgent Need for Employer-Sponsored Savings Programs

Underprepared for Financial Emergencies: The Urgent Need for Employer-Sponsored Savings Programs

Tens of millions of Americans struggle to save money on their own, which gets difficult when they have to use credit cards for unexpected costs, accumulate debt, or risk having their homes repossessed.

Nov 27, 2023 09:08 AM EST


US Shoppers Get Ahead on Cyber Monday Deals In an Attempt to Save More

US Shoppers Get Ahead on Cyber Monday Deals In an Attempt to Save More

Discount-seekers used their phones and laptops to scoop up gadgets, apparel, toys, jewelry, appliances, and even personal care goods as the biggest U.S. online shopping day of the year got began on Monday.

Nov 27, 2023 08:29 AM EST


UK Prime Minister Sunak Unveils $37 Billion Investment Drive to Woo Global Investors

UK Prime Minister Sunak Unveils $37 Billion Investment Drive to Woo Global Investors

Prime Minister Rishi Sunak hosted global CEOs after announcing 29.5 billion pounds ($36.76 billion) in private sector investments in the nation.

Nov 26, 2023 09:57 PM EST


UK's Electric Car Revolution Gets a Boost as Nissan Invests £2 Billion

UK's Electric Car Revolution Gets a Boost as Nissan Invests £2 Billion

Nissan and its partners have revealed their £2 billion plan to use its Sunderland facility to produce three different electric car models.

Nov 24, 2023 11:10 AM EST


Israel-Hamas Conflict Pushes Gaza's Economy Decades Back, Leaving a Trail of Ruin

Israel-Hamas Conflict Pushes Gaza's Economy Decades Back, Leaving a Trail of Ruin

The already weak economy of war-torn Gaza is in ruins, much like its structures, after Israel bombed the region for more than a month after Hamas terrorists assaulted the nation in October.

Nov 24, 2023 10:11 AM EST


Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation

Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation

According to data from car club AAA, the national average price of petrol touched $3.27 per gallon on Thursday.

Nov 24, 2023 09:42 AM EST


Lloyd’s of London Consults Members on How To Insure the Low-Carbon Transition

Lloyd’s of London Consults Members on How To Insure the Low-Carbon Transition

According to Lloyd's of London, member businesses are now able to provide input on how to insure the low-carbon transition in the areas of underwriting, investments, exposure management, capital and reserving throughout the course of the next three years.

Nov 24, 2023 06:42 AM EST


Buy Now, Pay Later Surges in Popularity, Raising Concerns About Consumer Debt

Buy Now, Pay Later Surges in Popularity, Raising Concerns About Consumer Debt

Consumers are likely to utilize "buy now, pay later" payment arrangements significantly this Christmas season, which bodes well for businesses but raises concerns among credit experts.

Nov 23, 2023 07:50 PM EST


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