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Capital One reports higher profit as interest income, fees rise

Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a boost in interest income on its credit card debt and higher fee income. Shares of the company, which have gained nearly 22% in 2025, rose 2.5% after the bell. Consumer spending displayed underlying resilience in […]

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Can Africa Claim the 21st Century?

In 2000, the World Bank published, “Can Africa Claim the 21st Century?” This landmark report proposed four crucial areas of progress, and the priorities that were highlighted are even more pertinent today: improve governance and reduce conflict, invest in people; increase competitiveness and diversify economies; and reduce aid dependence and debt. Much of what was on […]