Unprecedented Scale: 16 Billion Account Logins Exposed in Giant Data Breach A colossal data breach has surfaced, exposing an astonishing 16 billion login credentials. This […]
Category: Business
Trump’s Iran Decision Delays Calm Oil Market Swings
Oil prices saw volatility ease somewhat after the White House indicated that President Donald Trump would take up to two weeks to decide on potential […]
US Minted 1,000 Millionaires Daily in 2024: UBS Report Reveals Wealth Boom
The United States saw an unprecedented surge in wealth in 2024, adding an estimated 1,000 new millionaires every single day. This remarkable growth propelled the […]
Goldman Sachs: US Debt Path Unsustainable Amid Spending Spikes
The U.S. national debt is on a trajectory toward “unsustainable” levels not seen since the World War II era, according to economists at Goldman Sachs. […]
US Debt: The Tipping Point for Financial Crisis?
The United States national debt has surged past the US$36 trillion mark, reaching levels not seen since World War II. With projections showing it climbing […]
US Wealth Surge: 1,000 New Millionaires Created Daily in 2024
America’s millionaire population saw a dramatic increase in 2024, according to the latest Global Wealth Report from investment bank UBS. The report highlights that the […]
Swiss National Bank Cuts Key Rate to Zero Amid Deflation Fears
Switzerland Returns to Zero Interest Rates The Swiss National Bank (SNB) announced a significant shift in its monetary policy on Thursday, cutting its key interest […]
US Tariffs: Fed Waits, Consumers Feel the Bite
The Federal Reserve, under the leadership of Chair Jerome Powell, has maintained its cautious stance on interest rates, holding them steady for the fourth consecutive […]
UK Interest Rates On Hold: Bank Hints at Cuts Amid Uncertainty
The Bank of England has hinted at further interest rate cuts, which could come as soon as August.
UBS: SNB Policy Limits Large Swiss Franc FX Interventions
Leading global wealth manager UBS suggests that significant interventions by the Swiss National Bank (SNB) in the foreign exchange (FX) market are improbable under the […]