Finance/Venture

Federal Reserve and European Central Bank Aim for Major Interest Rate Cuts in 2024, Says BIS Chief

Federal Reserve and European Central Bank are set for major interest rate cuts, with BIS Chief Carstens noting progress in addressing inflation while cautioning central bankers to remain vigilant.


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...


Latest News

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
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.
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
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