Brazil is considering a major shift in how investment funds are managed. The country's finance chief wants the central bank to take charge of overseeing these funds. This change could make the financial system more stable and secure. The idea came up after a bank called Banco Master SA ran into tro
A hospital's emergency room wanted to improve how it helps people who suffer from abuse in relationships. They decided to work with local groups that support these survivors. The hospital created a team with leaders from five of these groups. The goal was to make sure the hospital and the groups cou
Ethereum is getting some serious attention from big financial players. They see it as a possible goldmine, with predictions that it could hit $40, 000 by 2030. That's a huge jump from where it is now. But before anyone gets too excited, especially those close to retirement, there are some important
Michael Burry, known for his bold investment moves, has joined actor Ben Affleck in questioning the reliability of AI. Both figures have raised concerns about the technology's limitations and potential pitfalls. Burry recently shared a clip from the Joe Rogan Experience podcast, where Affleck critic
Last week, crypto investment products saw a huge surge in interest. Overall, they pulled in over $2. 17 billion, making it the biggest week for these funds since October. But it wasn't all smooth sailing. On Friday, things took a turn, with $378 million flowing out due to worries about Greenland and
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
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
A fresh face has entered the hedge fund world, and it's already making waves. Invictus Investment Partners, a new player based in Hong Kong, has secured a solid $200 million backing from Squarepoint Capital. This isn't just any startup; it's led by some big names in the industry. Tomohiro Yamaguchi
