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finance

Rocket, Compass partnership aims to boost housing supply

(The Center Square) – Rocket Companies and Compass International Holdings announced a three-year alliance this week designed to expand housing inventory on Redfin’s platform and provide sellers more flexibility in how they list their homes. Rocket, the Detroit-based mortgage lender and parent company of Redfin, said Compass’ “Coming

Nasdaq resumes selloff as Nvidia falls despite strong results

Nasdaq resumes selloff as Nvidia falls despite strong results

The tech-rich Nasdaq was back in retreat Thursday as lingering worries over the artificial intelligence boom overshadowed strong Nvidia results while leading bourses in Asia and Europe hit fresh records. All eyes had been on chip giant Nvidia, which reported Wednesday night that quarterly profits more than doubled to

Asked on Reddit: My Partner Makes More Than Me. How Should We Split Expenses?

Asked on Reddit: My Partner Makes More Than Me. How Should We Split Expenses?

A Redditor recently asked about a common financial challenge: How should a couple handle shared expenses when one person vastly outearns the other? Many commenters suggested the higher earner should cover most expenses, since they can more easily handle them. But what about nuances? What if the higher earner wants

International Monetary Fund says U.S. federal debt 'too big'

(The Center Square) – A report from the International Monetary Fund warns that U.S. debt is likely to remain elevated in the coming years, a risk for the U.S. and the global economy. "The conclusion is that the current account deficit is too big," IMF Managing Director

ECB books third straight annual loss

ECB books third straight annual loss

The European Central Bank said Thursday it booked its third straight loss in 2025 due to the lingering impact of a record run of interest rate hikes. The ECB lost 1.25 billion euros ($1.47 billion) last year, although this was sharply down from an all-time shortfall of

Booming markets propel Hong Kong exchange's profits to record high

Booming markets propel Hong Kong exchange's profits to record high

Hong Kong's stock exchange reported record profits for the second consecutive year on Thursday, after the finance hub topped the global rankings for initial public offerings in 2025. Profit attributable to shareholders rose 36 percent to US$2.3 billion, while total revenue and other income jumped 30

IMF urges US to work with partners to ease trade restrictions

IMF urges US to work with partners to ease trade restrictions

The IMF on Wednesday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world's biggest economy. The International Monetary Fund's findings covered the first year of Donald Trump's