AI is crushing startup valuations for pre-ChatGPT firms
Matthias Balk | Picture Alliance | Getty Images Five years ago, venture capitalists were pouring money into American…
Point of view: how stokvels are transforming financial inclusion in South Africa
Dieketseng Maleke|Published 1 hour ago South Africa’s stokvel economy has long been treated as a side story in…
EU’s big 6 pitch a rival to Wall Street – POLITICO
Back-to-back crises have limited the power of the public purse, so policymakers are hoping professional financiers and savers…
US inflation surges to three-year high amid tensions with Iran | Inflation News
Heightened petrol prices led the inflationary pressures with prices that have jumped 5.5 percent in April Published On…
Budget 2026: Schools and hospitals win, banks get surprise tax, Nicola Willis gets to surplus, and launches super-sized attack on NZ First and Labour for ‘robbing’ Kiwis under 50
The biggest winner of all may be the Government itself, which, against expectations, has managed to present a…
Auckland mortgage fraud: Chris Peters admits $6.3m deception charges, Robert Peters walks free
At the same hearing, Robert saw the handful of charges laid against him dismissed after the SFO elected…
Why a small UK lender has major U.S. credit firms on edge
The collapse of Market Financial Solutions continues to reverberate across the broader financial services sector, echoing the implosion…
Russians Pull Money From Bank Deposits for First Time Since 2022 Mobilization Panic
Russia’s households pulled money from fixed-term bank deposits for the first time since the panic triggered by the…
Starmer drama has UK markets reliving their Truss nightmare – POLITICO
Ultimately, it’s the government that needs to find nearly £2 billion a week to plug the gap between…
NZX market edges lower as inflation fears grow and banks slide – Market close
In New Zealand, the Reserve Bank Survey of Expectations showed one-year-ahead Consumers Price Index inflation would increase from…
Green home loans: The hidden risks behind ‘free money’ offers – The Prosperity Project
Clark says one will lend up to $50,000 at 0% “Zero. 0%” but because that loan must be…
Goldman Sachs’ tech boss says he doesn’t track AI usage, he watches how fast teams produce an idea
Goldman Sachs chief information officer Marco Argenti thinks monitoring every employees’ AI use is the wrong way to…