Bank of America’s CEO signals conditional crypto embrace for payments
In the frosty Swiss Alps of Davos, where world leaders gather to exchange grand ideas, Brian Moynihan, CEO of Bank of America, delivered a measured [more…]
Category: U.S.
Finnomena predicts growth opportunities
In a twist that feels straight out of a political drama, digital wealth management platform Finnomena is urging investors to consider the US, India, and [more…]
Bitcoin breaks $93K as crypto market sees wild swings
In a twist that might make even the staunchest skeptics look twice, Bitcoin has officially skyrocketed past the elusive $93,000 mark, sending a shiver of [more…]
SCB X betting big on fintech and tech startups
SCB X is no longer your typical bank stuck in the past. Nope, they’ve broken free from the chains of traditional banking and are all [more…]
Rio Tinto targets Arcadium as lithium market wavers
Well, well, well. It looks like Rio Tinto, the mining giant with a hefty appetite for lithium, has decided to go shopping. Arcadium Lithium, once [more…]
Powell leads Fed in bold rate cut to counter labor market slowdown
In a move reminiscent of the financial turbulence of 2008, the Federal Reserve pulled the trigger on its first interest rate cut since the COVID [more…]
Sweden’s Riksbank cuts rates again amid economic slump
In the ever-turbulent waters of global finance, Sweden’s central bank has taken another plunge, trimming its key interest rate to 3.5%. This marks the second [more…]
Philippines’ bold rate cut spurs Asia’s central banks to reconsider
In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]
Diageo’s stock spirals as Latin American sales take a hit
In a dramatic twist worthy of a soap opera, London-based spirits giant Diageo watched its shares take an 8% nosedive in early trading. The culprit? [more…]
Hyundai zooms past expectations with record earnings
Hyundai Motor has taken the automotive world by storm with its second-quarter earnings. The South Korean giant cruised past Wall Street’s expectations, leaving analysts scrambling [more…]