Goldman Sachs dumps GreenSky, setback for consumer credit ambitions

Goldman Sachs dumps GreenSky, setback for consumer credit ambitions

October 12 (Reuters) – Here are the main articles appearing in the economic pages of the New York Times. Reuters has not verified these articles and does not guarantee their accuracy. – Goldman Sachs GS.N said on Wednesday it would dump GreenSky, a major player in the buy now, pay later lending sector, less than … Read more

German Development Minister Calls on Rich Owner States of World Bank to Increase Funding for Poverty and Climate Protection

German Development Minister Calls on Rich Owner States of World Bank to Increase Funding for Poverty and Climate Protection

BERLIN (dts news agency) – Development Minister Svenja Schulze (SPD) has called on the rich owner states of the World Bank to follow Germany’s example and make more funds available for loans to combat poverty and for climate protection measures. “The global sustainability goals cannot be achieved without more money,” said the SPD politician to … Read more

U.S. Wholesale Price Index Shows Accelerating Year-Over-Year Inflation in September

U.S. Wholesale Price Index Shows Accelerating Year-Over-Year Inflation in September

The U.S. wholesale price index, which measures producer-side inflation, slowed month-on-month in September, but continued to accelerate year-over-year, climbing to its highest level since April, driven again by gasoline prices. Prices rose 0.5% month-on-month in September, compared to 0.7% in August, according to the PPI producer price index released Wednesday by the Labor Department. The … Read more