Walmart is selling a 'very comfortable' $650 sectional sofa for just $248

Experts weigh in on durability of China's sizzling stock rally

Experts weigh in on durability of China's sizzling stock rally

Chinese stocks have exploded upward as the government unveiled economic stimulus measures over the past week. The market has seen record trading volume, and the benchmark CSI 300 Index has skyrocketed 25% since Sept. 23 to 4,018. To be sure, that’s still more than 30% below its February 2021 record. Among popular U.S.-listed Chinese stocks, … Read more

New study reveals a cold, harsh truth for thrifty new car buyers

New study reveals a cold, harsh truth for thrifty new car buyers

Though some cities and metropolitan areas have robust public transportation systems that can reduce one’s dependency on the automobile, most Americans commute to and from work, run errands, and transport their children using their personal vehicles. Though cars are essential for getting around this great land, and having the latest and greatest is imperative to … Read more

CVS considers harsh changes amid declining profits 

CVS considers harsh changes amid declining profits 

After CVS Health  (CVS) recently revealed in its latest earnings report that it has been struggling with shrinking profits in multiple areas of its business, the company revealed a major cost-cutting move, and it may consider making other harsh changes in the future. The pharmacy chain said that it will lay off 2,900 workers nationwide, … Read more

This Week in Fintech: TFT Bi-Weekly News Roundup 01/10

This Week in Fintech: TFT Bi-Weekly News Roundup 01/10

The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 1 October 2024. Partnerships Complytek, an AML compliance solutions company, and Advapay, which provides core banking systems, have partnered to offer fintech companies a complete end-to-end solution – helping businesses grow their business while remaining fully … Read more

ILA port strike poses major threat to the auto supply chain

ILA port strike poses major threat to the auto supply chain

In a recent video, International Longshoremen’s Association (ILA) International President Harold Daggett explicitly warned the powers that be that the union under his wing could alter the course of the U.S. economy if a favorable deal was not reached and a strike were to take place at midnight on October 1. “I will cripple you and … Read more

What the Hell is White Label Banking? And What Is It Not?

What the Hell is White Label Banking? And What Is It Not?

Imagine running a fast-growing e-commerce business, and your customers are asking for more than just products—they want a full financial experience with your brand. They want branded checkouts, payment cards, or even a loyalty-driven debit card. But here’s the problem: you’re not a financial institution (FI). So how do you offer these services? This is … Read more

Celebrity Cruises shares new itineraries and a world cruise

Celebrity Cruises shares new itineraries and a world cruise

Celebrity Cruises has very quietly set itself up for an incredible next couple of years. In a recent email the cruise line recently laid out its plans in broad detail. After Celebrity Xcel, the cruise line’s latest Edge-Class ship, debuts in autumn 2025, it will sail out of Europe in 2026, offering Celebrity’s first overnights in Madeira, … Read more

Iconic retail food company closing down, no bankruptcy filing yet

Iconic retail food company closing down, no bankruptcy filing yet

Distressed businesses often file for Chapter 11 bankruptcy to reorganize their operations and financial condition under court protection to allow them to continue operating. When all seems lost and a company can no longer operate, businesses might go one step further and file for Chapter 7 bankruptcy to liquidate and shut down their operations. Don’t … Read more