Ghana just took a huge step to clean up its energy money mess. In 2025, the country paid off $1. 47 billion in old energy debts. This big payment fixed a big problem with the World Bank and also paid back money owed to power companies. Ghana has been having a tough time with energy for a while. The
Big changes might be coming to credit card interest rates. President Donald Trump recently suggested a temporary limit on these rates. He wants a 10% cap for one year, starting in January 2026. This news didn't sit well with banks and financial companies. Their stock prices dropped on Monday. Citi
Miles Guo, once a billionaire, now sits in a federal jail in Brooklyn. His life was once filled with luxury, but now his assets are being sold to pay back those he defrauded. Guo's lavish lifestyle included a superyacht, custom suits, and a mansion with million-dollar carpets. But since 2022, his m
The Haygood Skating Center, a beloved spot in Virginia Beach, has rolled its last wheel after 52 years. The rink, a staple for generations, closed its doors following a final skate night. For many, this isn't just about losing a place to skate; it's about losing a piece of their history. Brandon St
Big banks are no longer just watching crypto from the sidelines. They're diving in headfirst. This isn't just about Bitcoin anymore. It's about tokenized cash, stablecoins, and even crypto ETFs. Banks are starting to see crypto as an opportunity, not a threat. Take JPMorgan, for example. They're mo
Big banks are quietly trying to block stablecoins from offering rewards. Why? Because they rake in billions from fees and interest on the money you park in their accounts. They don't want stablecoins to steal even a slice of that profit. Stablecoins could offer better deals, like rewards for using
America's education system is facing a serious problem. Students today are not doing as well as they used to in important subjects like reading and math. This issue started before the COVID-19 pandemic, but the pandemic made things worse. The problem is not just about grades; it's about how well stu
Iran's government has once again cut off the country's internet connection. This time, it seems even Starlink, a satellite internet service, is being blocked. The move comes as protests sweep the nation, fueled by economic struggles and government policies. The internet shutdown is not new for Iran
Brian Ferdinand stepped into a messy situation. He wasn't the main player in these business leases, but he ended up responsible for them. He made a promise to cover some deals for a company called LuxUrban. At the time, LuxUrban looked strong. It was growing fast and had plenty of money. So, everyon
Saks Fifth Avenue, a name synonymous with luxury, is facing serious problems. The company, which also owns Neiman Marcus and Bergdorf Goodman, is struggling to manage its money. This has led to empty shelves, late payments to suppliers, and unhappy customers. The troubles started when Saks bought N
