Dubai is becoming a hotspot for finance professionals. The city's tax-free status and warm weather are big draws. Many are moving from places like London, Hong Kong, and Switzerland. The Dubai International Financial Centre (DIFC) is growing fast. It now has 48, 000 finance jobs. This is a 9% increa
The U. S. Consumer Financial Protection Bureau (CFPB) has decided to cancel a plan to keep track of non-bank financial companies that break the rules. This idea was first proposed during the Biden administration to help catch and stop repeat offenders. But now, the CFPB says the costs of keeping thi
Big changes are happening at Bank of America. The bank just promoted some key people in its technology and media teams. Matthew Sharnoff and Johnny Williams are now the new leaders for global tech investments. They will work together as co-heads. Sharnoff has been with the bank for over 25 years. Wi
Larry Fink, the head of BlackRock, recently shared his thoughts on why people are investing in crypto and gold. He believes that these investments are driven by fear. People worry about their money losing value, so they turn to these assets for security. This was said at a big investment conference
The U. S. economy is now a high-stakes game, with big bets being placed on uncertain outcomes. This isn't about building factories or creating jobs, but about gambling on the future with other people's money. It's a risky business, and the stakes are high. Take a look around. The economy is full of
The Federal Reserve is gearing up to make a big decision. They're expected to lower interest rates soon, but everyone's focused on what this means for the economy. The government shutdown has made things murky, and the Fed is trying to figure out how to navigate this mess. Back in September, things
Investors are turning to crypto and gold as a way to protect themselves from financial instability. This shift is happening because people are worried about the value of their money decreasing due to government debt and economic policies. Larry Fink, the CEO of BlackRock, has noticed this trend and
In a surprising move, the top U. S. consumer finance watchdog has decided to ditch a registry that kept track of companies breaking the rules. They said it wasn't worth the cost. This decision came after they also reversed a policy that would have stopped medical debts from showing up on credit repo
The United States remains the go-to destination for global investment, according to top finance executives. At a recent gathering in Saudi Arabia, these leaders shared their optimism about the U. S. economy, downplaying fears of a slowdown. They believe the U. S. offers better opportunities compared
Qatar is making a significant shift in its investment strategy. The country's finance minister, Ali Ahmed Al-Kuwari, recently shared plans to focus heavily on technology and artificial intelligence (AI) for future investments in the United States. This move is part of a broader goal to diversify Qat
