Inflation forces budget-squeezed Americans to ask family and friends for loans
Some 25.6m people -- more than 10% of all adults -- relied on loans from those close to them to meet spending needs, according to the...
News by FinTech Collective
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Investors throw cash at any ETF with ‘inflation’ in the name
Endless demand to protect portfolios from rising prices is fueling an indiscriminate boom in one corner of the $7.2t U.S. exchange-traded...
Global food prices post biggest jump in a decade
The year-on-year leap in UN Food and Agriculture Organization’s monthly food price index was the largest since 2011 and signaled that...
Fed’s waller says inflation jump likely temporary, urges patience
Over the past week, official data have shown April job creation falling far short of economists’ forecasts, evidence of a shortage of...
Why stablecoins are taking off in Argentina
Stablecoin transactions in Argentina have ballooned this year. High inflation combined with government-imposed currency controls —...
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