On Monday, Asian shares took an upward leap, with Chinese stocks soaring over 1% after the finance minister hinted at more economic support. While U.S. futures remained steady and oil prices dipped, investors worldwide held their breath for more details on China's new stimulus plan. Experts believe
On a quiet Saturday morning, China's Ministry of Finance met with the press to chat about local debt issues and the health of the property market. They let everyone know that the central government might step in to help, even if it means bumping up the deficit. But, they didn't share any numbers abo
After four decades of crunching numbers in the investment world, a seasoned analyst has decided to retire from the typical grind. Now, they're on a new mission: to share their investment insights with readers in a unique way. Instead of just focusing on numbers, this analyst uses data as a starting
Once a powerful duo in the world of cryptocurrency, Ryan Salame and Michelle Bond are now facing serious legal troubles. Their story began when they met through their mutual connection to Sam Bankman-Fried, the founder of the now-collapsed FTX crypto exchange. Ryan, a top executive at FTX, was known
Ripple, the company known for its XRP cryptocurrency and RippleNet platform, has just launched new services aimed at helping banks and financial firms store digital assets. This move is part of Ripple's strategy to branch out from its main payment settlement business. The new services, now under the
A former official from Mayor Eric Adams' team has been arrested just a day after resigning. This person, Mohamed Bahi, is accused of some serious stuff. He's charged with trying to influence witnesses and hiding evidence in an ongoing investigation into Adams' 2021 campaign donations. Federal prosec
Lots of financial firms are talking about how great AI is, but many aren't seeing real results yet. Edward J Achtner, the head of generative AI at HSBC, thinks a lot of what's happening is just "success theater." He said at the CogX summit in London that companies need to be smart about where they u
Kody Brown, the patriarch of the polygamous family on "Sister Wives," found himself in the middle of a heated argument with his fourth wife, Robyn. The fight centered around the family's financial struggles and their inability to pay off Coyote Pass. Janelle, one of Kody's other wives, expressed her
Laurene Powell Jobs and Reid Hoffman, prominent donors to the Democratic Party, are using their influence and money to shape policies that may not align with the best interests of average Americans. Despite their philanthropic efforts, like promoting women's economic empowerment, their agendas often
On Tuesday, one of the six people accused in a campaign finance scheme involving Mayor Eric Adams's contributors had their charges dismissed. Ronald Peek, 66, was part of a group indicted last July for allegedly funneling money to Adams's campaign through straw donors between 2020 and 2021. Manhatta
