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Elite Financial Group

Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show

by Elite Financial Group | May 28, 2025 | Financial Services

Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.Read More…

GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

by Elite Financial Group | May 28, 2025 | Financial Services

The purchase, GameStop’s first investment in bitcoin, was worth $512.6 million with bitcoin’s price of $108,837 Wednesday.Read More…

Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue

by Elite Financial Group | May 28, 2025 | Financial Services

British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.Read More…

Fewer international tourists are visiting the U.S. — economic losses could be ‘staggering,’ researchers estimate

by Elite Financial Group | May 28, 2025 | Financial Services

International tourists are rethinking the U.S. as a travel destination amid tensions tied to trade and border policy.Read More…

European businesses have never been this gloomy about China

by Elite Financial Group | May 28, 2025 | Financial Services

An annual survey of European companies in China found record lows across several metrics due to slower growth and geopolitical worries.Read More…

The West is recycling rare earths to escape China’s grip — but it’s not enough

by Elite Financial Group | May 28, 2025 | Financial Services

China is tightening its grip on the global supply of key minerals that are needed in every car, particularly electric vehicle motors.Read More…
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