finance
finance
Mexican Bank Interest Incomes Show Slowdown Amidst Banxico’s Rate Cuts
Background on Mexican Banking Sector and Banxico The Mexican banking sector has long relied on interest income as its primary...
finance
US Households Show Improved Credit-Seeking Behavior for Cars and Mortgages in June
Background on the Federal Reserve Bank of New York’s Credit Access Survey The Federal Reserve Bank of New York recently...
finance
Gita Gopinath to Step Down from IMF Position to Return to Harvard
Background on Gita Gopinath Gita Gopinath, the second-ranking official at the International Monetary Fund (IMF), announced her departure from the...
finance
Wells Fargo Warns of Hidden Recession in Economic Data
Introduction Wells Fargo, a prominent banking and financial services company, has identified a concerning trend in recent economic data. Their...
finance
User Demand Drives Integration of Tax Payments in Mercado Pago
Background on Mercado Pago and Tapi Collaboration Mercado Pago, a digital payments platform, is integrating tax payments in partnership with...
finance
US Home Construction and Building Permits Decline in June Amidst Rising Mortgage Rates and Economic Uncertainty
Background on the Current Situation In June, both single-family home construction and building permits for future projects in the United...
finance
New Credit Options: Workers Can Now Choose Any Bank for Payroll-Backed Loans
Background on the Change and Its Relevance Currently, workers can only obtain payroll-backed loans from the bank where they hold...
finance
G20 Nations Affirm Central Bank Independence Amidst U.S. Pressure
Background on Key Figures and Context The Group of Twenty (G20) nations have recently reaffirmed their commitment to the independence...
finance
Claudia Sheinbaum Supports Banxico’s Interest Rate Cut to Boost Investment
Background on Claudia Sheinbaum and Her Role Claudia Sheinbaum Pardo is the current Head of Government (equivalent to Mayor) of...
finance
Rising AFORES Profits Lead to 35% Increase in Tax Payments
Background on AFORES and Their Recent Success Administradoras de Fondos para el Retiro (AFORES) are Mexican pension funds that manage...
