Rachel Reeves probably doesn’t need any reminders of the political and economic power of inflation. Her party’s landslide electoral victory in the summer was largely attributed to the presidential election Cost of living calamity. Donald Trump wins this week He highlighted this point, as his sweeping gains across all demographics are due to inflationary effects … Read more
Tony Danker, the former director-general of the Bank of Britain, will receive nearly £500,000 from the business lobby group in a settlement reached almost a year after he was ousted in the midst of a wider sexual misconduct scandal. Sky News has learned that Mr Danker, who left the organization in April 2023, concluded a … Read more
American consumers are being pulled in two opposite directions right now: by rising prices that threaten consumption on one side, and by low unemployment and rising wages that are fueling growth on the other. But Bank of America predicts that the two forces, with the help of a push from the Fed, will reach an … Read more
Stark Bank, one of the few Latin America startups to receive funding from Jeff Bezos’ family office, is generating profits from its business of helping companies handle payments, while leaving cash raised from its funding rounds nearly untouched. The Sao Paulo-based company handled 155 billion reais ($31 billion) of payments in 2023, a three-fold jump … Read more
Jimmy Donaldson aka “MrBeast,” the YouTuber with 239 million subscribers and multiple businesses that bring in between $500 million to $700 million in revenue, isn’t going beast mode with his money, he said. Despite the success of his YouTube channel and various other businesses, Donaldson doesn’t consider himself a rich person, he said in an … Read more
Digitt+, a pioneering agri-fintech company, is thrilled to announce that it has been granted full commercial approval by the State Bank of Pakistan. This landmark achievement marks the culmination of an exciting journey that began with pilot approval, during which we onboarded 10,000 customers, facilitated transactions worth PKR 400 million, and processed 85,000 transactions. … Read more