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Elite Financial Group

UK clamps down on ‘wild west’ of buy now, pay later sector with new rules

by Elite Financial Group | May 19, 2025 | Financial Services

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.Read More…

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

by Elite Financial Group | May 18, 2025 | Financial Services

The National Bureau of Statistics is scheduled Monday to release economic data in April showing impacts from the drastic U.S. tariffs.Read More…

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

by Elite Financial Group | May 16, 2025 | Financial Services

The staff cuts could result in more than 2,000 fewer jobs at the U.S. central bank.Read More…

How to trade gold and bitcoin after the big stock market rebound

by Elite Financial Group | May 16, 2025 | Financial Services

Gold could resume its rally and head for $5,000, and it might be a good time to take some risk out of bitcoin investing, according to ETF experts.Read More…

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

by Elite Financial Group | May 16, 2025 | Financial Services

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising.Read More…

Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary

by Elite Financial Group | May 15, 2025 | Financial Services

Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.Read More…
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