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Small businesses are increasingly turning to credit cards as a key source of funding as they continue to grapple with still-high inflation and rising borrowing costs.  New findings published by Bank of America show that small businesses are reacting to inflationary pressures within the economy by relying more on credit…

An emergency fund should be a priority for Americans to be prepared for unforeseen and urgent expenses. Experts recommend you should have several months of living expenses saved that can be used for emergency situations. “We recommend having three to six months’ worth of expenses saved in an emergency savings…

A Texas bankruptcy judge has rejected a proposed liquidation of conspiracy theorist Alex Jones’ company Free Speech Systems, the parent company of Infowars, saying that a denial of the bankruptcy plan was, in his opinion, in the best interest of the creditors. But the judge approved a separate liquidation of Jones’ personal assets. Judge Chris Lopez…

By Seema Shah, Chief Global Strategist The Federal Open Market Committee (FOMC) kept the benchmark policy rate at 5.25%-5.50% at its June meeting for the seventh consecutive meeting. More significantly, the latest dot plot revealed that the FOMC’s median projection has removed two cuts from their 2024 rate projections. From…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing and Airbus have included parts in their jets made with titanium whose certification documentation was counterfeit, the two companies acknowledged Friday. Both manufacturers said the planes in service containing the parts…

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