Finance/Venture

Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.


Big European Banks to Report Q2 Earnings This Week

The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C..

Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race

Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November...

HSBC Promotes CFO Georges Elhedery to CEO

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2...


Latest News

How to Consolidate Credit Card Debt: 5 Steps to Improve Financial Wellness
Managing credit card debt can become overwhelming, but there are practical steps you can take to reduce financial strain.
Elon Musk vs. Bill Gates: How the Feud Between the 2 Billionaires Started
Here's how Elon Musk and Bill Gates' feud started.
Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
SEC Sues Defunct Crypto Bank Silvergate Over Alleged Bank Secrecy Act Violations
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Join the Future of Rewards with the RWA-backed LINGO Token Pre-Public Sale
Lingo, a unique crypto project that aims to disrupt the rewards industry, is having the much-anticipated pre-public sale of its native token, LINGO. The token represents a gamified, RWA-powered reward
ALEX's Resilient Rebuilding Post-Attack and Strategic Plans to Reinforce DeFi on Bitcoin
ALEX, a crypto project building decentralized finance (DeFi) on Bitcoin, is back in full force after being attacked in May, which resulted in unauthorized access and subsequent loss of funds—a proof o
Salesforce Shareholders Vote Against Compensation Plan for CEO Marc Benioff
Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.
Patelco Credit Union Faces Disruption Due to Ransomware Attack, Affecting Roughly 500,000 Members
A ransomware attack over the weekend shut down financial services for almost half a million members of Patelco Credit Union.
Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi.
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