At more than $34 trillion, the federal government’s gross national debt has reached a record high that portends political and economic obstacles to improving America’s
Category: WORLD NEWS
US fintechs capitalize on high interest rates to offer Treasury bills and bonds to retail investors.
U.S. financial technology firms responsible for popularizing amateur stock trading,are venturing into fixed income to capitalize on the increasing interest of ordinary investors, spurred by
U.S. investors exhume confidence in a robust economy as Nvidia, driven by AI, achieved 239% up and a new high for the economy.
In 2023, investors were encouraged by reducing inflation, a robust economy, and the possibility of reduced interest rates. As a result, the S&P 500 ended
Google settles a $5b consumer lawsuit for allegedly spying on people using “incognito” mode in its internet browser.
Google has reached a settlement to resolve a $5 billion privacy lawsuit that claimed the company spied on users who tracked their internet activity using
US export control curbs to restrain China’s chip industry threatened by a startup.
A seasoned software executive from Silicon Valley took the lead last year on a firm in his home China, according to corporate documents. Prospective investors
Warren Buffett’s US toymakers given the nod to sue China’s Alibaba for the sale of allegedly fake Squishmallows.
A New York judge has ruled that Alibaba must respond to a case brought by a US toymaker who claims the Chinese e-commerce behemoth’s internet
FinTech: Future Prospects for Finance
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The US refilled its strategic oil reserve with 3 million barrels after the market steadied following Russia’s incursion into Ukraine.
The U.S. Department of Energy announced on Tuesday that contracts to buy three million barrels of oil have been finalized, contributing to the replenishment of
Drugmaker Bristol Myers Squibb to boost neuroscience portfolio with acquisition of Karuna Therapeutics in $14b deal
In a $14 billion transaction, pharmaceutical giant Bristol Myers Squibb will purchase biopharmaceutical startup Karuna Therapeutics, which has created a novel antipsychotic. Karuna and Bristol
Russia’s labor shortage threatens economic growth and will remain acute in 2024.
The Izvestia Daily, which cited specialists and studies from the Russian Academy of Science’s Institute of Economics, stated on Sunday that Russia will continue to
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