The World’s Dollar Addiction Is Hard to Kick
Though the share of global foreign-exchange reserves in U.S. dollars remains near a 25-year low, there is little sign of rapid de-dollarization.Read More
European Brands Adapt as Embedded Finance Evolves: OpenPayd Whitepaper
Embedded finance, once a beacon of innovation and rapid growth, is undergoing a significant transformation. A recent report from OpenPayd, a global payments and banking-as-a-service (BaaS) platform, highlights this shift as businesses adopt a more practical and measured approach. The OpenPayd research, Embedded finance in 2023: Leaders, laggards and lingerers, quizzed senior executives from various sectors, […]
UK Fintech News Roundup: The Latest Stories 04/10
Every Wednesday, we delve into the latest fintech updates from across the UK. This week brings updates from Leatherback, Hays, FinTech Scotland, TransUnion and VirtualSignature-ID. Leatherback launches remittance services in the UK Leatherback, a new neo-banking platform for individuals and businesses, has launched its mobile app in the UK, aiming to make it easier for […]
Why 8% Mortgage Rates Aren’t Crazy
With fewer buyers for mortgage bonds, the rates on home loans can go unusually high.Read More
Turning to Street Vending, New Migrants Find a Competitive World
Newly arrived migrants are hawking candy, fruit and beverages in New York City, often with young children in tow. Turf battles with more established vendors are becoming common.Read More
Here’s What to Know About Tensions Over Tibetan Buddhism
Much centers on the question of who gets to choose the successor of the Dalai Lama when he dies.Read More
An 8-Year-Old Is at the Heart of a Fight Over Tibetan Buddhism
He may have to defend the faith in Mongolia against pressure from China’s ruling Communist Party.Read More
Giuliani’s Drinking Has Trump Prosecutors’ Attention in Federal Election Case
The former mayor’s drinking has become an investigative subplot in Donald Trump’s federal case over 2020 election interference. But long before that, friends had grown deeply concerned.Read More
Today’s Top News: McCarthy Is Ousted, and More
Exclusively from New York Times Audio, our new app.Read More
Kevin McCarthy Is Out as Speaker of the House. What Happens Next?
McCarthy’s unprecedented removal hurls the House into a state of havoc, as Republicans scramble to determine their next steps.Read More
