New York City is at a crossroads. The outgoing city comptroller, Brad Lander, is pushing for a major shift in how the city's pension funds are managed. He wants to move away from BlackRock, the world's largest asset manager, due to concerns about climate change. This is a big deal because BlackRock
Peter Schiff, a well-known economist, has raised concerns about companies that hold Bitcoin or Ethereum as part of their treasury strategy. He argues that these companies lack a solid business model. Schiff points out that companies like Strategy rely heavily on Bitcoin. They do not generate much p
Nigeria is taking big steps to fight the violence that's been happening across the country. President Bola Tinubu has just announced a national security emergency. He's planning to add 20, 000 new police officers to the force. That's a lot of new recruits! He also wants to use National Youth Service
A tech company, Corvex, finds itself in a confusing situation after one of its top executives was arrested. Brian Raymond, named as Corvex's Chief Technology Officer (CTO) in official documents, was indicted for illegal activities. Here's where it gets messy: Corvex first said Raymond was their CTO,
New York City's top financial official wants to cut ties with a major investment firm. Brad Lander, the city's comptroller, is pushing for a big change. He wants three city pension funds to stop using BlackRock. This is because of BlackRock's lack of strong climate action plans. BlackRock manages a
Vietnam's Buy Now Pay Later (BNPL) market is on fire, with big growth expected through 2030. By 2025, it's set to hit USD 2. 61 billion, up from USD 1. 91 billion in 2024. That's a huge jump, and it's not slowing down anytime soon. The market is growing fast, with a mix of local and international pl
Bitcoin ETFs are making headlines, but not everyone agrees on what the numbers mean. BlackRock's iShares Bitcoin Trust (IBIT) has been sliding, and people are talking about it. Some say the charts showing money leaving the ETF are wrong. Others say it's just a normal market move. Eric Balchunas, a
Indian stocks kicked off Wednesday on a high note. This surge came as investors around Asia felt more confident. They think the U. S. Federal Reserve might cut interest rates soon. Tech and metal companies led the charge, pushing the market up. The Nifty 50 and BSE Sensex both climbed by 0. 32%. Th
Lindsey Halligan, a 36-year-old lawyer, found herself at the center of a legal storm after a federal judge dismissed cases she oversaw against former FBI Director James Comey and New York Attorney General Letitia James. The judge ruled that Halligan's appointment as acting U. S. attorney was unlawfu
A surprising change has happened at the Centers for Disease Control and Prevention (CDC). Ralph Abraham, a former Louisiana health official, has been appointed as the deputy director. This is notable because Abraham has been vocal about his doubts regarding Covid-19 vaccines, even calling them "dang
