Markets
Greenspan’s Enduring Bond with Ayn Rand Revealed
Former Fed chair Alan Greenspan maintained a profound intellectual and personal friendship with novelist Ayn Rand, a relationship that spanned decades and...
The Editorial Team 1079 articles
Investing
Ritholtz Weighs SpaceX IPO, AI Deals, and Dot-Com Comparisons
Financial expert Barry Ritholtz recently discussed market euphoria, SpaceX's IPO valuation, AI industry's circular deals, and hedging strategies.
Finance
AI Elevates Payments Foundations, Commoditizes Features
AI is transforming payments, making features like personalization baseline expectations while elevating foundational infrastructure. Spreedly's Judd Howard highlights the shift from "aspirin"...
Markets
Oil Price Shock Fuels Chinese EV Sales, Infrastructure Struggles in Developing Markets
High oil prices, exacerbated by geopolitical events, are driving a significant surge in Chinese electric vehicle sales across the developing world, yet...
World Business
China Sanctions 10 US Defense Firms, Restricts Exports
China has announced sanctions on 10 American defense companies, restricting exports of 'dual-use' items in retaliation for U.S. measures against Chinese tech...
Finance
Bougainville Project: Landowners Receive K200,000 Payment
Island Passage Exploration and Isina Resource Holdings have paid K201,100 to customary landowners for work on the EL02 Project in Bougainville.
Finance
Turkish FinTech Midas Expands to Consumer Payments with Digital Wallet Push
Istanbul-based FinTech Midas has applied for an electronic money institution license, aiming to launch a digital wallet and prepaid-card business. This strategic...
Economy
Trump’s Iran Threats Drive Treasury Selloff, Stoke Inflation Concerns
Treasuries declined and yields rose after President Donald Trump threatened military action against Iran, sending oil prices higher and prompting investors to...
World Business
S. Korea Exports Soar 60.4% as AI Fuels Chip Demand
South Korea's early June exports surged 60.4% unadjusted, driven by a booming semiconductor sector fueled by AI and data center investments. This...