Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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The search for Silicon Valley Bank-style portfolios

The demise of Silicon Valley Bank had many causes. But at its heart was the institution’s bond portfolio, which plummeted in value as interest rates rose. Little surprise, then, that analysts and […]

The Pros and Cons of Incorporating Cryptocurrency Into Your Business

With the rise of businesses incorporating cryptocurrency into their operations, you’re probably wondering if it’s something that could benefit your business as well. While cryptocurrency certainly has its advantages, there are also […]

The Federal Reserve must choose between inflation and market chaos

“Our policy actions work through financial conditions.” So said Jerome Powell, chairman of the Federal Reserve, late last year, referring to the causal chain of monetary policy. As interest rates rise, tighter […]

A Unified Cybersecurity Strategy is the Key to Protecting Businesses

By Camélia Radu and Nadia Smaili Following the changes the pandemic has brought about in the business world, organizations have significantly increased their use of data and the internet. This, in turn, has increased […]

Switzerland’s new megabank is bad news for Swiss bankers

At a press conference in Bern on March 19th the chairmen of Credit Suisse and ubs, the two great rivals of Swiss banking, announced a momentous but unhappy union. After days of […]

How Government, Banks & Regulators Can Collaborate To Fight Financial Crime

By Dr. Henry Balani The UK Government recently announced a new ‘crackdown’ on dirty money, ruling that overseas companies owning UK land must declare their beneficial owners or risk facing severe sanctions, […]

Credit Suisse’s takeover causes turmoil in a $275bn bond market

The hastily arranged purchase of Credit Suisse, a bank, by ubs, its great rival, is reverberating through financial markets. Investors are scrambling to understand the deal and identify knock-on consequences. One is […]

Fintech

CRED launches UPI peer-to-peer (P2P) payments: Important features, ET BFSI

CRED has launched services of UPI peer-to-peer (P2P) payments. The new payment method has been made available with the introduction of Scan & Pay, which enables users to “pay anywhere” via UPI. […]

What Is Web 3.0, And Why Is Everyone Talking About It?

Web 3.0, sometimes abbreviated as “Web3,” refers to the upcoming version of the internet that supports decentralized protocols and lessens the dependence on huge technology corporations like YouTube, Netflix, Amazon, Google, and […]

America’s banks are missing hundreds of billions of dollars

It is easy to understand how money gets destroyed in a traditional bank run. Picture the men in top hats yelling at clerks in “Mary Poppins”. The crowds want their cash and […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST