Credit Card Debt Climbs to $1.21 Trillion in Q2
Balances Rise Amid Persistent Delinquencies
U.S. credit card balances increased by $27 billion in the second quarter of 2025, reaching $1.21 trillion, according to the...
Canada’s Labour Market Weakens as 40,800 Jobs Lost
Job Losses Concentrated Among Youth
Canada’s labour market shed a net 40,800 jobs in July, with the unemployment rate holding steady at 6.9%, according to...
Bank of England Cuts Rates Despite High Inflation
Split Decision Reflects Uncertainty on Inflation Trends
The Bank of England has reduced interest rates once again, even as inflation remains well above its 2%...
Super Micro Shares Slide 20% After Missed Forecasts
Tariffs and Capital Constraints Hit Quarterly Results
Super Micro Computer shares fell sharply on Wednesday, dropping 20% after the company missed analyst expectations for its...
P&G to Raise Prices Amid Tariff-Driven Cost Surge
Tariffs Force Strategic Price Increases to Protect Margins
Procter & Gamble plans to increase product prices to offset a projected $1 billion hit to profits...
Stocks Mixed as Fed Holds Rates, Big Tech Gains
Markets React to Fed Decision and Q2 Economic Data
U.S. stocks closed with mixed results on Wednesday after the Federal Reserve decided to leave interest...