Is India achieving its potential? In the year to the third quarter of 2023, the country grew at a blistering rate of 8.4%. Over the next half-decade it is expected to expand at 6.5% a year, which would make it the world’s fastest-growing big economy. So far, so good. The problem, as critics point out, […]
Forget the supergroup of stockmarket darlings Source link
Cash News Having trouble opening a bank account? Early Warning Services (EWS) might have something to do with it. EWS, which is owned by seven of the largest banks in the U.S., gathers and reports information about your banking history. The information is then pulled by banks when determining if you qualify for a new […]
A new dividing line in the global fight Source link
Cash News While applying for mortgage prequalification and preapproval typically won’t cost you a dime, lenders may charge you a mortgage application fee once you decide to move forward with an official loan application. The structure of mortgage application fees varies by mortgage lender, and in some cases, you can avoid paying this fee at […]
Bank of Jiujiang, a mid-tier lender from a southern Chinese river town, imparted some bad news on March 19th. In a rare disclosure, it told investors profits for 2023 might fall by 30%, because of poorly performing loans. This is just the sort of information Chinese banks are normally reluctant to reveal. Indeed, they often […]
Cash News Cash App is a peer-to-peer (P2P) payment service that offers a simple way to send money to friends, loved ones, and others. It also allows you to pay small business owners for goods and services, albeit without buyer protections. If you’re thinking about using Cash App to send or receive money, here’s what […]
Last year Xi Jinping, China’s president, paid a visit to Heilongjiang in the country’s north-east. This province, part of the industrial rustbelt, exemplifies the problems besetting China’s economy. Its birth rate is the lowest in the country. House prices in its biggest city are falling. The province’s GDP grew by only 2.6% in 2023. Worse, […]
We are hiring a writer on economics, ideally based at first in London. Journalistic experience is not necessary. The ability to write clearly and entertainingly is crucial. So is a thorough understanding of economics and an ability to work with data. The ideal candidate would have an interest in the economics of innovation and technology, […]
Cash News The habits of millionaires are a topic of interest when it comes to financial advice. After all, unless they received a large chunk of money as an inheritance or gift, most millionaires had to be smart with their money to get where they are. Learning how millionaires accumulate wealth — and where they […]