Finance

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)…

Homes burn above Pacific Coast Highway during the Palisades Fire on Jan. 8, 2025, in Pacific Palisades, Calif.  Photo by Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Alicia Kalvin awoke the morning of Jan. 7 to an urgent text from a friend: “There’s a fire on your street.” She hurried outside, alarmed to see…

Tractor trailers at the Ysleta-Zaragoza International Bridge port of entry, on the U.S.-Mexico border in Juarez, Chihuahua state, Mexico, on Dec. 20, 2024. David Peinado/Bloomberg via Getty Images President Donald Trump signed orders on Saturday placing tariffs on Canada, China and Mexico. Trump put a 25% tariff on imports from Canada and Mexico, and a…

When it came time for Diane Wetherington to consider retirement, reality quickly set in. The 72-year-old debated devoting her time to crafting and doting over her grandkids and even gave full-time retirement a try. But she soon realized her Social Security checks, which were smaller than her peers’ due to time she spent out of…

Klaus Vedfelt | Digitalvision | Getty Images Looking for travel inspiration for 2025 and beyond? Look no further: asked 10 travel agents for their recommendations of the most underhyped destinations in the world. We compiled their written answers below, including can’t-miss activities for each locale and the best times of year to visit. You’ll also…

CVX stock shot more than 4% lower on Friday following Q4 earnings. The oil major bested Wall Street on Q4 revenue prediction but missed on EPS. Chevron raised its quarterly dividend from $1.63 to $1.71. Chevron repurchased $15 billion of its own shares in 2024.   At the end of a volatile trading week, Chevron…

The New Nemesis There is no doubt that the last cycles of elections worldwide, particularly in the U.S., have revealed several “elephants in the room” filled with hypocritic actions, psychological experiments subjecting the proletariat to new forms of manipulation, and through control under the guise of misinformation. The post-Cold War world moved from a good…

Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday. The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, 0.2 percentage point higher than the November reading and in line…

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78…

Customers waiting at the checkout in a supermarket. Markus Scholz | Picture Alliance | Getty Images German inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country’s statistics office Destatis showed Friday in the last reading before Germans head to the polls next month. The reading was also in line with a…