Brazil's finance chief, Fernando Haddad, is pushing for a major shift in how the country's investment funds are overseen. He wants the central bank to take on this role, which is currently handled by the CVM, the securities regulator. This idea is still up for discussion among key government bodies,
Retirement planning can be tricky. Many people near retirement age get offers for variable annuities, often wrapped in promises of guaranteed income. But financial expert Suze Orman warns that these products might not be as safe or beneficial as they seem, especially when bought within tax-deferred
Indonesia's central bank, Bank Indonesia (BI), is in the spotlight again. The president, Prabowo Subianto, has picked his nephew, Thomas Djiwandono, for a top role. This move has raised eyebrows, especially since Djiwandono isn't your typical central banker. He's a former businessman and current dep
Cancer survival rates in the U. S. have seen a significant jump, with the five-year survival rate now at 70%, up from 50% in the mid-1970s. This improvement is thanks to better treatments and earlier detection. For instance, liver cancer survival rates have tripled from 7% in the 1990s to 22% in 202
Lying down for a long time can mess with how blood flows in your brain. This is what scientists found out when they studied 36 healthy adults who spent 90 days in a head-down bed rest position. They used a special kind of MRI called pseudo-continuous arterial spin labeling (pCASL) to track changes i
People who have beaten cancer might live longer if they eat like those in the Mediterranean. This diet is full of fruits, veggies, whole grains, legumes, fish, and olive oil. A recent study showed that those who stick to this diet have a lower chance of dying from any cause. This includes cancer, he
A major deal just went down in Miami's Wynwood area. Ken Griffin, a big name in the finance world, teamed up with Goldman Properties to snag a huge office building for a cool $180 million. This isn't just any building—it's a 10-story beast with nearly 400, 000 square feet of space. Griffin's move in
Spirit Airlines is in a tight spot. The budget airline filed for Chapter 11 bankruptcy late last year. Now, the big decision-makers are the bondholders, like Ken Griffin's Citadel. They hold the purse strings and will decide if Spirit gets the money it needs to keep flying or if it's game over. The
In the world of high-stakes investing, one name is making waves. Chris Hohn, the mastermind behind TCI Fund Management, just shattered records. His firm raked in a whopping $18. 9 billion in profits last year. This staggering amount didn't just break the bank; it also broke the record set by Ken Gri
Taiwan Semiconductor is making big moves. They are spending more money to build new factories. This is because they want to make more chips for AI. AI is a big deal right now. It needs a lot of chips. They are building these new factories in two places. One is in Taiwan. The other is in Arizona, US
