Category: Business
Citigroup's $16.1m Investment to Create 510 Jobs in Charlotte Signals Positive News for Job Market
Citigroup is investing $16.1m in a new office facility in Charlotte, North Carolina, creating 510 new jobs. The average salary
Birks Group Expands Luxury Portfolio with Acquisition of European Boutique
Canadian company Birks Group has purchased European Boutique’s luxury watch and jewellery business for C$9m. European Boutique operates four luxury
IAASB Enhances Fraud Detection in Financial Audits
The International Auditing and Assurance Standards Board (IAASB) has revised International Standard on Auditing (ISA) 240 to enhance the auditor’s
"ILO Launches AI-Driven Hub to Improve Supply Chain Labor Standards: A Game Changer in Policy Making"
A new online platform powered by AI aims to support evidence-based policymaking for equitable and sustainable supply chains worldwide. Developed
US Stock Futures Rise Amid Trump Tariff Decisions and Fed Meeting Minutes
U.S. stock futures rise as investors await President Donald Trump’s tariff decisions and Federal Reserve policy meeting minutes. Trump extended
US DOI Grants New Coal Mining Permit, Boosting Energy Production
The US Department of the Interior has approved Hurricane Creek Mining to begin coal mining on Bryson Mountain in Tennessee,
"Unlocking Growth: Building Consumer Trust in Open Banking"
Open banking in the UK has made strides, with 31 million monthly payments, 13.3 million users, and £4.1bn to the
FV Bank Revolutionizes Business Payments with Launch of Virtual Accounts
FV Bank has launched a Virtual Account tool to simplify incoming payments for businesses. This feature allows unique account numbers
OpenAI strengthens security with biometric checks to protect AI secrets
OpenAI, the company behind ChatGPT, is reportedly adding biometric checks to protect AI secrets from spies. The move comes as
Trump Announces Higher-Than-Expected Copper Tariff
Comex hit a record high after Trump announced a 50% tariff on copper imports, surprising the market which expected only
Bank of America Lowers ASML PT to €759 But Remains Bullish
ASML Holding N.V. (NASDAQ:ASML) is among the 11 Best Foreign Stocks to Buy. Bank of America lowered its price target
Trump's Tariff Threats Stir Markets, But Remain Calm
President Trump’s threat of a 50% duty on copper imports caused a stir, but markets remain calm amid shifting tariff
"TINA Trade Revival: Analysts Increase S&P 500 Forecasts Amid Market Rally"
Analysts at Goldman Sachs and Bank of America raised their end-of-year target forecasts for the S&P 500, suggesting the great
Markets Growing Immune to Trump's Tariffs, Asia Remains Attractive for Investors
Global financial markets are becoming desensitized to Trump’s tariff decisions, according to CGS International Securities Group CEO Carol Fong. Trump
US circumvents China's critical minerals export ban, leading to surge in imports
Unusually high amounts of antimony are flowing into the U.S. from Thailand and Mexico after China stopped exports, affecting the
Oil prices steady despite challenges, strong demand drives market
Oil prices remained stable as U.S. gasoline demand rose and Red Sea shipping attacks continued. Brent crude settled at $70.19,
Short-seller Jim Chanos challenges Strategy's Bitcoin strategy: A catalyst for debate
Short-seller Jim Chanos challenged Strategy’s (MSTR) Bitcoin strategy, criticizing maximalists taking out loans to buy more. The Bitcoin Therapist taunted
Bitcoin Gains Traction as Reserve Currency, Driving Potential Value Increase
Bitcoin is positioning itself as a reserve asset, competing with gold and U.S. Treasuries. With its limited supply of 21
Palantir Surges in First Half of 2025, But Valuation Concerns Loom
Palantir stock surged by 80% in the first half of 2025, outperforming the S&P 500 and Nasdaq-100. However, caution is
"Sequans Communications' Stock Surges 43% with Bold Bitcoin Strategy"
Sequans Communications’ stock surged 43% after unveiling a bold Bitcoin-focused treasury strategy, raising $384 million from equity and debt offerings.
'Big Beautiful Bill' Signed into Law, Impacting Housing Market Positively.
President Donald Trump signed the ‘One Big Beautiful Bill’ into law, benefiting the housing market with provisions on mortgage deductions
"TSA Lifts Shoe Removal Requirement at Airport Security for Improved Travel Experience"
The TSA announced that travelers can now leave their shoes on at U.S. airport checkpoints to improve the travel experience
Trump Tariffs Cause Dow to Drop 160 Points
Stocks fell on Tuesday after Trump announced tariffs on U.S. trading partners starting Aug. 1. The Dow Jones dropped 166
G-Knot Taps Fintech, Crypto Veteran as CEO for Game-Changing Biometric Wallet
G-Knot appoints Wes Kaplan as CEO to lead the launch of the world’s first finger vein crypto wallet, aiming to