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Finance
Economist Issues Dollar Crash Warning
According to economist Stephen Roach, a double dip recession is very probable in 2021, as a dollar crash is on the horizon. The seemingly...
Banking
HSBC allowed Scammers to Transfer Millions of Dollars
HSBC, one the largest banks in the world, moved millions of scammers money regardless of the warning, BBC reported Sunday.
According to a leaked file,...
Finance
How Short-Term Borrowers Can Gain From the Recent Fed Rate Policy
An announcement by the Federal Reserve to keep the fed rate near zero should support the short-term borrowers during the pandemic, reported CNBC Thursday.
Earlier...
Autos & Transportation
Nikola Corp (NASDAQ:NKLA) Receives Vote Of Confidence From GM CEO and Its Executive Chairman Who Bought Stock
Following fraud allegations on Nikola Motor Company (NASDAQ:NKLA) from short-seller research firm Hindenburg Research the company's shares have been on a downward trajectory. However,...
Finance
The Latest U.S Jobs Data Highlights Interesting Performance In August
The latest jobs data released on Friday last week brought a glimmer of hope considering that the past few months have been heavily affected...
Australia’s Economy Plunges into Recession due to Covid-19
For the first time in 28 years, Australia’s economy plunged into recession due to the Covid-19 pandemic.
Australian Gross Domestic Product fell 7 percent for...
Cryptocurrency
Binance Exchange Partners With Oasis Labs On Intelligence Sharing Platform To Curb Crypto Fraud
Binance and Oasis Labs have launched a platform that will facilitate the sharing of intelligence among exchanges. The largest crypto exchange in the world...
Finance
Federal Reserve Might Announce a Major Policy Shift for a Broader Economy
Federal Reserve Chairman Jerome Powell said that they are willing to run higher inflation to support the pandemic hit labor market and the broader...
Banking
How Central Bank Digital Currencies can Offer a Path for Bitcoin and Libra
Central banks around the world are making their own versions of digital currencies paving a way for Bitcoin and Libra, according to recent news.
Both...
Finance
How Investing $5 a Day Can Get you to Millionaire Status in 40 Years
It seems like a far-fetched dream, but you can truly make $1million in 40 years from saving $5 a day. Becoming a millionaire is...
Cryptocurrency
Cryptocurrency Savings Account: How this can Disrupt the Banking System?
Cryptocurrency payment startup Wyre announced that they will launch new savings account for the investors, reported by Coindesk.
The announcement came this Friday when the...
Banking
Are We Moving Towards an Eco-Friendly Credit Card Lifestyle?
Debit card and Credit card providers are joining the eco-friendly card production movement to replace the traditional plastic cards.
MasterCard, one of the largest credit...
Articles
Thermo Fisher loses $12.5B deal for Qiagen
Thermo Fisher & Qiagen: Where Covid-19 had devastating impacts on many of the gigantic industries, it had also benefitted some of the lucky ones....
Cryptocurrency
Blockchain and Cryptocurrencies: How it Works (For Beginners)
Have you heard a friend mention Bitcoin, seen graphs on Cryptocurrencies or read that “the blockchain” is going to change the world as we...
Cryptocurrency
Crypto in 2021 and Beyond: The Star That Keeps Shining
Cryptocurrency is a thriving space, steadily encroaching on the territory of conventional finance. Over just the last five years, its users and transactions have...
Banking
Inside the Future Bank; Industry Predictions and Lessons from the World’s Best Banking Institutions
There’s a real fear in banking that the industry is headed for turbulent waters, with some experts even warning that the banking institution, as...
Gold Prices Surge: Is It Time To Invest?
Gold prices surged past the $2000 per ounce threshold on Tuesday (August 4) for the first time reaching a peak of $2020 per ounce.
The...
Banking
HSBC Profits Plunge Amid COVID-19, US-China Tensions
HSBC profits plummeted for the first half of the year following the Covid-19 pandemic and geopolitical risks like the deteriorating US-China relations.
HSBC Holdings PLC...
Banking
Leadership In The Time Of Coronavirus: COVID-19 Response And Implications For Banks
The devastating impact of the Covid-19 crisis on every-day life and health has carried a thoroughly disruptive economic fallout. Economists cannot revise their projections...
Asia-Pacific
Ex-Malaysian PM Najib Razak gets 12-year jail term over 1MDB scandal
Former Malaysian Prime Minister Najib Razak was recently sentenced to a 12-year concurrent jail term for his involvement in the multi-billion dollar 1MDB corruption...