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Asia's CBDC Wave: Major Pilots Reshape Finance
Major Asian economies are testing central bank digital currencies, with China and India leading large-scale pilots. These initiatives promise faster payments and greater...
Financial
The financial stream tracks key shifts, competing narratives, and what the latest verified updates actually change.
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KLM Trials Hand Luggage Fees on European Routes
KLM tests hand luggage fees on European routes, citing cabin space constraints. Consumer groups challenge the policy's legality while experts debate whether it addresses...
CGI Q3 Earnings Beat Forecasts Despite Stock Dip
CGI exceeded Q3 2025 forecasts with EPS of $2.10 and revenue of $4.09B. Despite strong results, stock dipped slightly. AI now powers 40% of IP revenue, with robust pipelines in...
Rising Mortgage Rates Cool Housing Market Demand
Rising mortgage rates above 6.7% are cooling the housing market, reducing buyer demand while low-rate homeowners stay put. Prices expected to grow just 3% in 2025 as inventory...
Top Banks Beat Q1 Earnings Forecasts Amid Volatility
Major US banks exceeded Q1 earnings expectations due to strong trading revenues and net interest income, though investment banking lagged. Executives expressed caution about...
Gen Z Financial Literacy: Schools and Apps Team Up
Schools and fintech companies collaborate to boost Gen Z financial literacy through courses and apps. Initiatives include state mandates like Colorado's HB25-1192 and Intuit's...