The EU is set to roll out a digital border system over six months.
On Sunday, member states of the European Union started implementing a new system for entering and leaving the bloc at its exterior borders, which involves
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
The White House begins layoffs with 4,200 federal government workers across 7 agencies, blaming the shutdown.
As he carried out his pledge to reduce the federal workforce during the government shutdown, President Donald Trump on Friday blamed Democrats for his decision
The U.S. bails out Argentina with a $20 billion currency swap lifeline.
Treasury Secretary Scott Bessent announced the deal on X on Thursday, saying, “Argentina faces a moment of acute illiquidity. The international community—including [the International Monetary
The Bank of Canada encourages financial industry innovation and competition to counteract US tariffs.
On Thursday, the Bank of Canada cautioned against enforcing further financial sector restrictions, instead advocating for policies that promote innovation and competition, which it claimed
Google’s Play Store to get a makeover with the Supreme Court’s rebuff on monopoly reform.
On Monday, the U.S. Supreme Court declined to defend Google against a one-year-old decision that calls for a significant overhaul of its Android app store
Fifth Third acquires Comerica in $10.9 billion all-stock deal to create the 9th largest U.S. bank.
In an all-stock deal, Fifth Third Bancorp is linking up two major regional banks by purchasing Comerica for $10.9 billion. With assets of about $288
U.S. government shutdown drives Bitcoin above $125,000, deflating the dollar.
The biggest cryptocurrency in the world by market value, Bitcoin, reached a record high on Sunday and was up about 2.7% at $125,245.57 at 0512
EU risk watchdog warns that failure of stablecoins could trigger a run on reserves.
Echoing a warning from the European Central Bank that their failure may trigger a run on reserves, the European Union’s financial risk watchdog demanded urgent
OpenAI at $500 billion becomes the most valuable startup in the world.
Following a secondary equity sale intended to retain staff at the ChatGPT maker, OpenAI may now surpass Elon Musk’s SpaceX and TikTok’s parent firm, ByteDance,
U.S. government shuts down putting 750,000 jobs at risk and airports to close.
Deep party differences stopped Congress and the White House from striking a financial agreement, forcing the U.S. government to shut down most of its activities
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