The news: Global fintech investment showed its resilience in the first half of the year despite the market downturn, falling just 3% to $107.8 billion from $111.2 billion a year before, according to a KPMG report. Read the original article on Business Insider Read More
Monthly Archives: September 2022
Buy now, pay later solutions are continuing to grow in popularity as people seek alternative methods of financing. The BNPL industry will rack up $680 billion in transaction volume worldwide in 2025 Do you work in the Payments & Commerce industry? Get business insights on the latest tech innovations, market trends, and your competitors with…
Speaker of the House Nancy Pelosi (D-CA). Drew Angerer/Getty Images Republicans have strong chances of winning the House in the November midterm elections. But House Speaker Nancy Pelosi is still bullish about Democrats’ chances. Democrats have believed they would win, even before the Dobbs decision on abortion rights, she said. Expectations look grim for House Democrats’ prospects…
Jeff Bezos. Reuters 10 of the world’s richest people saw $50 billion erased from their combined fortunes on Tuesday. The likes of Elon Musk, Jeff Bezos, and Warren Buffett were hit hard by the stock market’s slump. The 10 men’s combined wealth was down $295 billion or 20% for the year as of Tuesday’s close….
When you buy through our links, Insider may earn an affiliate commission. Learn more. Amazon; Alyssa Powell/Insider Finishing a book in a day can be so satisfying. These recommendations are short books or fast-paced reads. They include self-help books, thrillers, and romances. Whether you’re an avid reader or reserve reading for a cozy vacation chair,…
A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2022. FREDERIC J. BROWN/AFP via Getty Images Lumber prices fell 6% Wednesday as US mortgage rates topped 6% for the first time in 14 years. Prices rose earlier in the week amid…
Marco Bello/Getty; Savanna Durr/Insider Cathie Wood’s Ark Invest snapped up shares of 27 firms in Tuesday’s rout, according to Bloomberg. Wood’s buying spree arrived as the Nasdaq 100 saw its worst day of trading since March 2020. Markets saw a broad sell-off Tuesday following a hotter-than-expected inflation report. Cathie Wood’s Ark Invest snapped up shares…
MJgraphics / Shutterstock Tuesday’s CPI report killed expectations for a soft-landing of the economy, Nomura strategist Charlie McElligott said. The hot inflation reading has solidified expectations for another 75 basis point rate hike. But the Fed risks overtightening the economy, meaning a recession could be in the cards. Stocks saw their largest one-day fall since…
Amelie Falke and Mathias Nösel. Amelie Falke and Mathias Nösel Amelie Falke and Mathias Nösel have been touring Europe in a converted van for a year. The couple spent 25,000 euros converting it into a “luxury” camper van. They told Insider how they built it and what life is like on the road. This is…
Zoom may have ambitions to expand its business beyond video calling. According to The Information, the company has spent much of the past two years developing its own email and calendar clients. Known internally as Zmail and Zcal, Zoom could announce the apps at its annual Zoomtopia conference in November. Zoom did not immediately respond…