Finance

In a world increasingly defined by economic turbulence, investors are finding themselves at a crossroads. The sentiments expressed by DoubleLine Capital CEO Jeffrey Gundlach paint a compelling picture of the changing dynamics in global finance. As the U.S. dollar appears to embark on a path of decline, Gundlach urges investors to reconsider their asset allocations.

Walmart’s foray into the financial services sector with its fintech startup, OnePay, raises eyebrows across the retail and finance landscapes. The announcement of consumer credit cards in collaboration with Synchrony, a significant player in the credit card arena, suggests a strategic pivot aimed at gaining control over its financial destiny. However, this move appears more

Generation Z is grappling with a pervasive sense of economic malaise, an unsettling feeling that life is meant for living in the moment rather than planning for the future. According to a recent Credit Karma survey, nearly half of this cohort, which encompasses individuals born between 1997 and 2012, feels that planning for tomorrow is

In a world increasingly reliant on sophisticated technology and sustainable energy sources, the looming crisis of rare earth element shortages threatens to bring global production to a screeching halt. This dire situation is primarily fueled by China’s stranglehold over the mining and production of these critical minerals. A high-stakes dialogue between President Xi Jinping and

The competitive landscape of biotechnology is rapidly evolving, revealing a startling reality: China is poised to overtake the United States in critical aspects of biopharmaceutical and agricultural advancements. This paradigm shift is not merely a theoretical concern; studies by esteemed institutions, such as the Harvard Belfer Center for Science and International Affairs, underscore that America’s

In a world where diplomatic interactions often resemble a complex chess game, the rivalry between the United States and China has taken center stage. President Donald Trump, with his trademark bombast, has recently lamented the challenges of negotiating with Chinese President Xi Jinping, claiming it is “extremely hard” to strike a deal. Such statements illustrate

In an era where consumer financial behavior is evolving at lightning speed, Swedish fintech giant Klarna has decided to shake things up yet again. The company, already well-known for its “buy now, pay later” (BNPL) services, is taking a bold step by pre-launching its own Visa debit card. This is not merely an introduction of

In a financial world that often feels like a high-stakes gamble, the bond market has emerged as a refuge for prudent investors. Short-term bonds currently command attention, as they offer less volatility while providing a reasonably attractive yield. The 3-month T-Bill’s current yield of over 4.3% stands as a beacon in a landscape riddled with

In a world already plagued by uncertainty, the stalling U.S.-China trade talks serve as a stark reminder of the precarious balance global economies must navigate. Treasury Secretary Scott Bessent characterized the ongoing negotiations as “a bit stalled,” a delicate euphemism for a situation that could spiral out of control if not addressed promptly by the

In a shocking turn of events, BYD—the titanic player in China’s electric vehicle (EV) industry—has unleashed a barrage of price cuts that could reshape the landscape of the automotive market. With discounts reaching nearly 30%, the company has reduced the price of its compact Seagull to a jaw-dropping 55,800 yuan ($7,750). This aggressive pricing strategy