FORECAST: The change in new business volumes (NBV) suggests a 4.5% decline in new durable goods orders in June. Total new business volume was $9.6 billion on a seasonally adjusted basis in June, a decrease of 7.4% from May. NBV year-to-date contracted by 1.8% relative to the same period in 2024. Year-over-year, NBV dropped by
Manali Pradhan | The Motley Fool Vance calls crypto ‘hedge’ against inflation, bad policies Vice President JD Vance said Bitcoin’s independence offers access to those denied banking over political beliefs, including support for gun rights. Investors have gotten good news lately. The U.S. stock market reacted positively to a stable unemployment rate of 4.1 % in
TAIPEI, July 9, 2025 /PRNewswire/ — At the Asian Banking & Finance Awards held on July 3, Cathay Financial Holdings and Cathay United Bank swept 8 awards: Analytics Initiative of the Year – Taiwan, Taiwan Domestic Cash Management Bank of the Year, Taiwan Domestic Trade Finance Bank of the Year, Customer Experience Initiative of the
Trump, in contrast, launched his own crypto coin shortly before taking office – then saw its value soar when he invited the coin’s top investors to an exclusive dinner at Trump National Golf Club in Potomac Falls, Virginia, drawing accusations of corruption from Democrats. At least one of the bills appears on track to becoming
Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view
Company announcement No. 16/2025 1 July 2025 Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed
Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk
David Jagielski | The Motley Fool S&P 500, Nasdaq hit record closing highs amid trade deal hopes All three major U.S. stock indexes posted weekly gains, and the tech-heavy Nasdaq confirmed it entered a bull market since its post-“Liberation Day” trough on April 8. Lisa Bernhard has more. Putting money into real estate and stocks
Dominic Basulto | The Motley Fool Brazen ‘wrench attacks’ are on the rise For crypto traders, online encryption doesn’t matter when someone takes you hostage to coerce you into revealing your password. On June 17, the U.S. Senate officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, which will create a
Saeed Azhar and Suzanne McGee | Reuters President Donald Trump on Saturday said that a “very successful attack” on three nuclear sites in Iran had been carried out. In a posting on Truth Social, Trump added, “All planes are safely on their way home” and he ended his posting saying, “Now is the time for