Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams.
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
Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Trump Media CEO Calls for GOP Investigation Into Potential Short Selling by Eight Financial Firms
Nunes demands a GOP-led probe into short-selling by eight firms affecting DJT stock. DJT shares fluctuate; short sellers face steep costs, deterring professional managers.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group.
BlackRock Joins Saudi PIF for $5B Investment in Riyadh's BRIM Platform
BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation.
Nationwide's Move to Stop Lending on UK Flood-Risk Properties Might Encourage Banks to Do the Same!
Nationwide and two more significant lenders in the U.K. decided to increase their rates on new fixed deal mortgages.
