In the aftermath of the infamous FTX blowout, Caroline Ellison, the former CEO of Alameda Research, caught herself in the midst of a judiciary storm, fervently hoping to dodge a possible lengthy prison sentence. The legal machinery grinding towards her sentencing on September 24, 2024, makes the unfolding scene around Ellison complex-cooperation and consequence intertwined…
Falling not behind in the Artificial Intelligence (AI) race, China wants to challenge the United States, creating their own AI model in the past 18 months. Pressing forward vigorously by September 2024, China’s artificial intelligence capabilities are doggedly rivaling the United States’ in this highly sensitive area of technology. This is not only about technological…
The release of the newest reports of inflation released mixed reactions in the markets on Wednesday as they await cuts of rate from the Federal Reserve. Such an unexpected cut from the Federal Reserve this September, while viewed by analysts as an apparent positive-a larger-than-expected cut would ultimately lower borrowing costs and hopefully help economic…
In an open letter published on Tuesday, new Starbucks CEO Brian Niccol has outlined new strategies with the sole intention of ending the slump of the chain. Through his first days as Starbucks’ new chief executive, Brian Niccol outlined an ambitious agenda to turn around the ailing chain. First and foremost, his attention will be…
The Coinbase-backed lobby urges ABC to make cryptocurrency one of the central discussion points and to present their stand in the forthcoming presidential debate. Since then, the Coinbase-backed lobby has been pushing ABC to include a discussion on cryptocurrency during the upcoming presidential debate between Trump and Harris. This reflects how increasingly relevant the world…
The US e-commerce giant Amazon Web Service is to invest £8 billion ($10.45 billion) over the next five years in the UK to build AI and cloud infrastructure. Amazon is said to invest £8 billion in the UK to create more extensive cloud computing and AI infrastructure in the UK via AWS. In return, this…
The Federal Reserve will decide to cut the interest rate based on the two significant factors that influence the financial world, mainly PPI and CPI. This week’s two major inflation data will be crucial in the financial sector and will impact the Federal Reserve’s potential future interest rate reduction decision. Among these are the Producer…
London- Many analysts predicted mixed emotions as the European markets began on Wednesday with the latest U.S. inflation data to be released later in the day. European markets are pointed toward a divided opening as traders look forward to key U.S. inflation data that might further dictate the future monetary policy path. Cautiously optimistic perhaps…
In the final, Jannik Sinner defeated American Taylor Fritz 6-3 6-4 7-5 to become the first Italian to win the US Open. Sinner’s victory was a vicious demonstration of baseline power. The crowd at Arthur Ashe Stadium cheered as Sinner raised his arms in delight after breaking Fritz to win the match, despite the home…
Paraguay defeated the ‘Canarinhos’ 1-0 in Asuncion on Tuesday to end Brazil’s run of eight straight losses in the South American 2026 World Cup qualification tournament. In the 20th minute, Diego Gómez, Lionel Messi’s teammate from Argentina at Inter Miami, produced a spectacular “trivela” that decided the game. His long-range effort slid past goalkeeper Alisson…
