Markets

The United Kingdom’s Payment Systems Regulator (PSR) has suggested a limit on cross-border interchange fees and is asking for feedback on how high the cap should be set. This proposal follows a final report from the PSR’s market review, which...

In a remarkable shift in the NFT space, the Pudgy Penguins collection has officially surpassed Bored Ape Yacht Club (BAYC) to become the second-largest NFT collection by market capitalization. The milestone comes after a period of significant growth for Pudgy...

The U.S. government has issued a new order requiring that all milk supplies be tested for avian influenza (bird flu) as a precautionary measure to protect public health. The move comes as outbreaks of bird flu continue to affect poultry...

The Consumer Financial Protection Bureau (CFPB) has claimed supervisory authority over Google’s fintech unit, Google Pay, marking a significant move in the growing regulation of the tech industry's financial services. The agency asserts that Google Pay’s operations, which involve providing...

A new generative AI tool has been making waves in the design world, offering emerging brands an innovative way to enhance their creative processes. The tool leverages the power of machine learning to assist designers in producing high-quality graphics, logos,...

China's consumer price index (CPI) rose at a slower pace in November, reaching a five-month low and defying expectations for a higher increase. The country's producer price index (PPI) also dropped further, signaling a cooling of inflationary pressures in both...

Vancouver Mayor, Mike Harcourt, has announced a bold proposal to incorporate Bitcoin into the city's financial operations, aiming to position the city as a leader in the integration of cryptocurrency into public sector systems. The proposal, which comes as a...

Uzbekistan has taken a significant step toward enhancing its nuclear energy capabilities by signing a series of agreements with international partners to foster nuclear cooperation. The agreements, signed in Tashkent earlier this week, mark a key moment in the country’s...

A China-focused stock fund is outpacing 97% of its competitors by making a bold bet on undervalued state-owned enterprises (SOEs). The fund, which has delivered strong returns in 2024, has been capitalizing on the market inefficiencies within China’s state-run companies,...

Bond traders are closely monitoring U.S. jobs data, looking for signs that could shape the Federal Reserve’s next move on interest rates. With growing expectations that the Fed will soon ease its tightening policy, market participants are hoping that the...

In the midst of the 2016 U.S. presidential race, tech mogul Elon Musk made a series of strategic financial moves to support Donald Trump’s campaign, reportedly investing over $200 million in an effort to boost the then-Republican candidate. While the...

Asian stocks dipped on Tuesday, weighed down by growing concerns over South Korea's economic stability, while the dollar remained on edge ahead of the release of key U.S. payroll data later in the week. Investors are treading cautiously, navigating a...

Pampa Energía, one of Argentina's largest energy companies, is positioning itself for continued growth by tapping into international capital markets. In a recent move, the company announced its plans to issue a new global bond, aimed at strengthening its financial...

Coca-Cola, the world’s largest beverage company, has recently faced backlash from environmental activists following its sustainability retreat. While the company aimed to showcase its efforts toward environmental responsibility, many critics argue that the actions don’t align with its corporate practices,...

The National Football League (NFL) has made its presence felt on Capitol Hill, lobbying lawmakers for substantial funding to redevelop the iconic RFK Stadium in Washington, D.C. The stadium, which has long been a centerpiece of the city’s sports and...