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3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
1 min read
The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says
"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…
Yuheng Zhan
3 mins read
I quit my career to live off my savings but lost everything in a financial crisis. I'm struggling to get back on my feet.
The author quit his career in accounting and put all his savings in a bank in Lebanon. But a financ…
J.D. Harlock
6 mins read
Maui could soon ban some Airbnbs. Short-term rental owners say it will be financially devastating for them.
Maui could soon phase out 7,000 short-term rentals to address the housing issue. One property owner…
Kelsey Vlamis
3 mins read
Warren Buffett explained how bubbles form, warned against using leverage, and shared the key thing he looks for in businesses during a 2010 interview. Here are the 10 best quotes.
The famed investor explained the difference between speculating and long-term investing, and reflec…
Theron Mohamed
2 mins read
The Supreme Court just made it much harder to go after financial fraud
The Supreme Court ruled that defendants in financial-fraud cases have a right to a jury trial, rath…
Jacob Shamsian
1 min read
AI will be at the center of the next financial crisis, SEC chief Gary Gensler says
The regulatory chairman told Dealbook that people piling into the most dominant AI models will rais…
Phil Rosen
3 mins read
The credit card crisis is worse for millennials and Gen Zers
Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…
Cork Gaines
3 mins read
Boxabl acknowledges SEC inquiry in updated filing
Boxabl's prefabricated homes could help the housing crunch. But the company has left a trail of dis…
Daniel Geiger,Alex Nicoll
1 min read
AI will be transformational, but it could also trigger a future financial crisis by promoting herd mentality, SEC chief says
SEC chair Gary Gensler took a watchful approach to AI, pointing out that the technology could threa…
Zahra Tayeb
4 mins read
Here's why the bond market is seeing volatility on par with the 2008 financial crisis.
The Federal Reserve is reducing its $9 trillion balance sheet and the bond market is churning &mdas…
Phil Rosen
2 mins read
Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liqui…
Huileng Tan
2 mins read
'Big Short' investor Michael Burry trumpets what Warren Buffett and Elon Musk have called him — and jokingly seeks another nickname from Jeff Bezos
Burry proudly shared in a tweet that Buffett labeled him a "Cassandra" for predicting the mid-2000s…
Theron Mohamed
2 mins read
European Commission head says Russia 'manufactured' the crisis in Ukraine and is 'responsible' for its escalation
Ursula von der Leyen said the European Commission is working to finalize a sanctions package as a r…
Jake Epstein
2 mins read
The SWIFT ban is one of several restrictive financial measures targeting Russia here are others announced at the same time
The European Commission is ramping up financial sanctions against Russia to ensure that the war aga…
Zahra Tayeb
1 min read
Visa is being investigated by the European Commission over its rules for fintechs
Visa faces a European Commission inquiry over its rules for fintech companies. It faces accusations…
Kate Duffy
2 mins read
San Francisco is moving forward with its tallest-ever apartment building as California's new laws to fight the housing crisis start to pay off
San Francisco has struggled to meet its state-mandated home building requirements, in part because …
Eliza Relman
2 mins read
Silvergate's ties to FTX are under scrutiny by US senators who say the crypto bank was 'evasive' in earlier inquiries
Lawmakers said that the firm failed to fully answer questions about its relationship with FTX when …
Morgan Chittum
5 mins read
India could emerge as the third pole despite GDP growth worries say experts
If any major middle-income country is truly outperforming in the coming decades, it's the world's s…
12 mins read
Jane Roberts, who is married to Chief Justice John Roberts, made $10.3 million in commissions from elite law firms, whistleblower documents show
New documents reveal Jane Roberts made $10.3 million from elite firms, raising questions about the …