The American penny isn’t going anywhere anytime soon.The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin

French inflation cooled more than expected this month, opening the door to an expected European Central Bank interest-rate cut next week.Consumer prices were 0.6% higher

Payday loans can trap millions of people in expensive debt cycles, even as economic conditions improve. With many Americans living paycheck to paycheck, these high-cost

McKinsey has cut more than 10 per cent of its staff in the past 18 months, reversing a big expansion plan that peaked during the

The Financial Times article titled “Wall Street vs private equity: can anyone stop the grad recruitment creep?” examines the escalating competition between investment banks and

There’s a growing danger that inflation will fall short of the European Central Bank’s 2% target, according to Governing Council member Gediminas Simkus. The balance

Round numbers should not matter in financial markets, but they do. How many people pay attention to where 11-year Treasury bonds are trading? So seeing

Millions of Americans had their student-loan payments put on pause during the pandemic. Now they are back on the hook again. For borrowers, this means