UBS Starts Slashing Asia Private Banking Positions as Earnings Fall: Report
UBS reportedly began cutting off Asia private banking personnel as the largest wealth manager in the region struggled with declining revenues.
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...
Visa to Change Credit, Debit Card Operations in US
Visa has implemented sweeping changes on how its credit and debit card...
Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations
The US dollar tumbled to multi-month lows on Thursday following a slow...
Latest News
JPMorgan Chase CEO Jamie Dimon Advises the US Fed to Wait Past June Before Cutting Rates
JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.
Bitcoin Reaches New All-Time High, Surpassing $71,000!
The crypto exchange-traded products allowed entry to the UK market. Financial Conduct Authority (FCA) said it would not oppose solicitations from accredited investment platforms to establish a market
Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.
Innovate, Overcome, Succeed: Eric Porat's Blueprint for Digital Excellence
Who says you can't turn digital dreams into reality? Eric Porat lives to debunk that myth every day. Picture a world where every click, every online ad, and every digital strategy opens doors to endle
Biden Administration Proposes $8 Credit Card Late Fee Cap, Industry Warns of Higher Interest
Biden's proposed $8 cap on credit card late fees aims to relieve consumer burden, but the industry warns of potential interest rate hikes and unintended consequences.
Memecoins Like Dogecoin and Shiba Inu Surge as Bitcoin Rally Continues
Memecoins are again stealing the spotlight in the crypto market as they soar to unprecedented heights, outshining even Bitcoin's performance.
Metaverse.sg Acquired by V3V Ventures for $3M
In a strategic move that underscores the burgeoning significance of digital assets and blockchain technology, Metaverse.sg has been announced as the latest acquisition by V3V Ventures. Metaverse.sg is
Tether's USDT Surpasses $100 Billion Milestone, Emerges as World's Largest Stablecoin Amid Bitcoin Surge
Tether's USDT token surpasses $100 billion in circulation, driven by Bitcoin's surge. Despite the scrutiny, Tether dominates the stablecoin market, with growing demand worldwide.
Wall Street On HIgh Alert As Threat of Inflation Looms
Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
