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Business
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Morgan Stanley Layoffs: 2,500 Jobs Cut After Record Revenue Year
Morgan Stanley’s layoffs are underway right now, with the bank cutting roughly 2,500 employees — around 3% of…
There’s No De-Dollarization: US Dollar Surges Again
De-dollarization is taking a backseat in the ongoing Israel-Iran conflict as investors are seeking a safe haven in…
China Encouraging Banks & Companies To Buy More US Dollars
China is encouraging State-run banks to buy more US dollars to rein in the rising Chinese yuan. The…
95% Chance Of No Interest Rate Cut: What It Means For Crypto?
According to CME Group’s FedWatch tool, there is a 95.7% chance that the Federal Reserve will keep interest…
BRICS vs G7: Who Controls Majority of the World’s Rare Earth Reserves
There’s a financial tug-of-war occurring between BRICS and the G7, and it has now reached rare earth reserves.…
Elon Musk’s SpaceX to File IPO Next Month Valued at $1.75T
Per a Bloomberg report, Elon Musk’s SpaceX plans to file for IPO as soon as next month at…
Meta, Google (GOOGL) Ink Multi-Billion AI Chip Rental Deal
Meta Platforms and Alphabet’s Google (GOOGL) have reportedly signed a new multi-billion-dollar AI chip rental deal, a move…
Putin Invites BRICS To Lead $30 Trillion ‘New Reality’ of Global Growth
Russian President Vladimir Putin has officially proposed a new ‘Bioeconomy’ strategy for BRICS to move away from Western…
Brazil Makes Major Declaration on BRICS Currency & De-Dollarization
Brazil’s President Lula da Silva broke the ice on de-dollarization and the formation of a BRICS currency. He…
What Happens To BRICS If Russia Returns to the US Dollar?
The BRICS alliance has spent the last few years promoting trade in local currencies as an alternative to…