Oil prices rise as Houthi-Saudi attacks spur supply uncertainty

In their bids to build consumer loyalty, credit card issuers have continued to one-up each other with attractive perks and exclusive benefits. And yet, debit card loyalty programs have largely remained an afterthought. Much of this comes down to regulation. In the U.S., the Durbin Amendment capped interchange fees on many debit card transactions, limiting…

Stablecoins have spent years establishing themselves as the go-to way to move money across borders. Now, the banks want a piece of that market. Tokenized deposits have emerged as the banking industry’s answer, with some of the world’s leading commercial and central banks exploring the technology under the banner of Project Agorá. A report from…

As she sat across from me drinking tea, Coretta – a pseudonym to protect her identity – shared her dismay about living in a central Florida community due to the control of her homeowners association, or HOA. A Black mother of three with a background in real estate, Coretta has lived in her mostly Hispanic…

2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles. GM CEO Mary Barra said Tuesday that the next-generation Cadillacs will include new versions of the company’s CT5 sedan, outdated XT5 midsize SUV and discontinued…

Government debt markets have been around since the city-state of Venice issued its first bonds in 1171, but public debt only became tradable in the English-speaking world six centuries later. Contemporaries held conflicting views about the development. Several leading members of the Scottish Enlightenment were downbeat. As government debt across the developed world escalates, their…