Finance/Venture

US Credit Card Debt Is Rising, With Borrowers Owing an Average of Over $6,000

The average consumer has $6,218 in credit card debt, and the number of borrowers who are unable to make their payments is on the rise.


IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes

The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China...

US Seniors: What You Need to Know About Retirement Abroad

With a growing number of people in the US choosing to retire elsewhere, those doing so are advised to research thoroughly on where to retire and enjoy their Social Security payments as much as possibl..

JPMorgan Chase CEO Jamie Dimon Sounds Alarm on Ballooning US Fiscal Deficit Due to High Government Spending

JPMorgan Chase CEO Jamie Dimon has cautioned that the United States should promptly address its ballooning fiscal deficit to avoid future economic turmoil...


Latest News

SpaceX Reportedly Building $1.8 Billion Spy Satellite Network for US Intelligence
The "secret" SpaceX project involves a sophisticated network of surveillance or spy satellites for US intelligence, supported by a $1.8 billion contract with the NRO, aiming to improve national securi
Warren Buffett-Led Berkshire Hathaway Raises Pay for the 93-Year-Old Billionaire's Successor Greg Abel to $20 Million
The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.
Japan Expanding QR Code Payments Globally by 2025, Talks Underway in Southeast Asia
Japan's QR code payment expansion targets global adoption by 2025, aiming to streamline cross-border transactions and strengthen ties with Southeast Asia, countering China's influence.
Is The Rally Over? Bitcoin Crashes Overnight, Hits $67,000 from $72,000 High
Bitcoin plummeted overnight from $72,000 to $67,000, sparking concerns about the end of its rally. Experts cite varied factors, with divided opinions on its future trajectory.
Binance Labs Becomes Separate Company After Separating From Binance
Binance Labs is now a separate company after it cut its ties with Binance exchange.
Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players
Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
Shorecliff Asset Management Surges, Tripling Assets to $500 Million in Just One Year
Shorecliff Asset Management, co-founded by Grant Nachman and Anthony La Lota, tripled its assets to over $500 million. It pivots towards higher-quality credit investments and achieves remarkable retur
Car Insurance Prices Keep Rising Without Any Immediate Signs of Relief
Car insurance prices are increasing at an alarming rate, and hundreds of thousands of drivers are expected to see a rate hike of nearly 20% this year.
Chubb CEO Defends Providing Donald Trump With $91.6 Million Appeal Bond in E. Jean Carroll Case
Chubb CEO Evan Greenberg has defended the company's decision to provide former President Donald Trump with a $91.6 million appeal bond in E. Jean Carroll's defamation case.
Non-Equity Accelerators: The Future of Accelerating Innovation within Enterprise Organizations
Enterprise organizations are routinely seeking new ways to drive transformation. Recently, market conditions have created a disproportionate advantage for corporates to pursue this transformation by p
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