Greece has made an impressive turnaround. Just a decade ago, it was on the brink of financial disaster. Today, it's leading the way in Europe's financial affairs. Kyriakos Pierrakakis, Greece's finance minister, has been chosen to head the Eurogroup. This group is made up of finance ministers from c
A tragic fire in Cleveland has left two men dead, and the cause remains a mystery. The blaze, which broke out in the early hours of June 15, claimed the lives of Andrew Allen, 57, and Christopher Miller, 45. Firefighters arrived at the scene on East 121st Street just after 4:15 a. m. to find one man
The U. S. Treasury is stepping up its game to keep an eye on money services businesses. This move comes after a big fraud case in Minnesota, where COVID relief funds meant for school kids' meals went missing. Over 77 people, many from the Somali community, are facing charges for this scam. The Trea
China Resources Mixc Lifestyle Services Ltd. is catching the eye of financial experts. A recent report from CMB International Securities kept their positive outlook on the company. They believe the stock is a good buy, setting a target price of HK$51. 84. This isn't just one person's opinion. Many a
Pakistan is making moves to bring in major crypto exchanges like Binance and HTX. The country's Virtual Assets Regulatory Authority (PVARA) has given these platforms the green light to start setting up shop. This isn't a full license yet, but it's a big step forward. The PVARA has issued something
A new group called the Coalition for Prediction Markets (CPM) has just been formed. It includes big names like Crypto. com, Kalshi, Coinbase, Robinhood, and Underdog. Their main goal? To make sure prediction markets are safe, clear, and follow federal rules. Why is this important? Well, prediction
In a recent court case, a man was handed a sentence for his role in a deceptive scheme involving Microsoft's gold certification. This wasn't just any scam; it was a clever plot that tricked many people out of their hard-earned money. The man in question promised victims big returns if they invested
In the bustling financial hub of London, a new player has emerged, making waves in the investment world. Ilex Capital Partners, founded by former Citadel traders Jonas Diedrich and Dave Sutton, has swiftly grown to manage an impressive $7 billion. This growth is not just from new investments but als
November was a month of ups and downs for hedge funds. Despite a rough start with tech stocks taking a hit, big names like Citadel, Balyasny, and Point72 still managed to make gains. Citadel, based in Miami and led by billionaire Ken Griffin, saw its main fund, Wellington, rise by 1. 4%. This bring
Microsoft's stock is currently trading at $491. 54, which is lower than its recent peak but higher than its recent low. This presents an opportunity for investors to make some smart moves. One such move is shorting cash-secured puts that expire in one month. This strategy can provide a good return a
