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Department of Energy Announces $1B AMD Supercomputer Deal
The US Department of Energy has announced a $1B partnership with Advanced Micro Devices (AMD) to build two…
BRICS Tests Digital Currency Bridge, Settles Payments in 7 Seconds
BRICS member China is testing the digital currency bridge (mBridge), and in the pilot tests, settled payments in…
Warren Buffett’s US Dollar Outlook as BRICS Gains Ground
Ace investor Warren Buffett has shifted his outlook on the US dollar over the past decade as the…
BRICS Payment System Supports Transactions Across 185 Countries
BRICS member China’s new payment system, named Cross-Border Interbank Payments System (CIPS), is taking the financial world by…
BRICS Expands De-Dollarization: Chinese Yuan Lending Grows $480 Billion
BRICS member China has pressed the accelerator on de-dollarization as lending in the Chinese yuan surges. China’s push…
Morgan Stanley De-Dollarization Warning: Dollar Set to Weaken in 2026
Morgan Stanley’s de-dollarization warnings have been making headlines as the investment bank forecasts the US dollar weakening to…
Target to Cut 1,800 Corporate Jobs as Sales Slide, TGT Stock Lags
Target layoffs will eliminate 1,800 corporate positions as the retailer battles declining sales and mounting pressure on TGT…
US Mortgage Rate Drops to 6.19%, Lowest Level in Over a Year
30-year Mortgage rates in the US have fallen to 6.19%, the lowest level in over a year, mortgage…
BRICS Speeds Up Dollar Selling, Chinese Firms Offload $51.8 Billion
Chinese banks have helped clients offload overseas currencies worth $51.8 billion, the highest since 2020. BRICS member China…
Trump Sanctions Working: India Might Get Zero Oil Supply From Russia
US President Donald Trump on Thursday imposed fresh oil sanctions on Russia and the move also affects India.…