U.S. bankruptcies rose by 18% in 2023 and may worsen in 2024, triggering recession fears.
Data released on Wednesday indicated that, even though the number of bankruptcy cases filed in the United States increased by 18% in 2023 due to
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US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
Data released on Wednesday indicated that, even though the number of bankruptcy cases filed in the United States increased by 18% in 2023 due to
As investors were drawn in by the greatest yields in decades, bond exchange-traded funds (ETFs) amassed an annual record of $300 billion in assets under
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
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
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 has reached a settlement to resolve a $5 billion privacy lawsuit that claimed the company spied on users who tracked their internet activity using
Data released on Friday revealed that, as the central bank sold dollars in an attempt to support the faltering naira currency, Nigeria’s foreign exchange reserves
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
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
Stay Ahead of the Trend Professional Certificate in FinTech: Future Prospects for Finance What you’re going to discover Classes offered under this program: Fintech: Overview