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Dollar Hits 8-Week Low: Why SocGen Thinks the Decline Won’t Last
The US dollar is currently in a volatile mode, battered heavily by the recent interest rate cuts, driving…
Trump to Consider Eliminating Taxes on Gambling Winnings
US President Donald Trump said this week that he will consider eliminating taxes on gambling winnings, another huge…
US Trade Deficit Falls to Lowest Level Since 2020
The US Trade deficit fell in September to its lowest level since 2020, new data released today from…
US Explores Creating an Alternative to G7 by Including BRICS Members
The G7 could soon find a new competitor with the emergence of the C5 bloc. The Trump administration…
Federal Reserve Cuts Interest Rates by 25bps, 3rd Time This Year
The US Federal Reserve has cut interest rates by 25 bps, the third such cut the Fed has…
Amazon and Microsoft To Invest $53 Billion in India for AI Development
Amazon and Microsoft have announced to invest a total of $52.5 billion in India. The investment is to…
BRICS R5 Currency and Its Potential Impact on the US Dollar
Speculations are rife that BRICS is working towards the formation of a digital token named R5 currency. The…
SpaceX Eyes 2026 IPO, Raising Over $30 Billion for Launch
Elon Musk’s SpaceX is preparing for a 2026 IPO launch to join the US stock market, with the…
US National Bank Regulator: Banks to Act as Crypto Intermediaries
According to the US Office of the Comptroller of the Currency, Banks will now be allowed to act…
PNC Bank Launches Bitcoin Trading With Coinbase (COIN)
PNC Bank is collaborating with cryptocurrency exchange Coinbase (COIN) to launch a bitcoin trading service for its wealthy…