Forex News

Bill Gross’ Economic Predictions: What to Expect The Retired Bond King’s Insights First Bill Ackman, now Bill Gross. The retired bond king has recently made some bold predictions about the state of the U.S. economy, and investors are taking note. Gross, known for his successful career in the world of fixed-income investments, has a reputation…

Market movers This week major US stock indexes experienced a significant decline, following Federal Reserve Chairman Jerome Powell’s speech regarding sticky inflation and the likelihood of an unchanged interest rate at the November meeting. Treasury yields have once again breached the 5% threshold, a level not seen since 2007. In the meanwhile, geopolitical tensions are…

PayPal’s Commitment to Gender Equality: Empowering Women and Girls Investing in Equality Payments giant PayPal is on a financial mission that’s not just about dollars and cents. In a world where economic empowerment is both a buzz word, but also vitally important, the company is pulling hard for gender equality. PayPal isn’t just about digital…

USI Insurance Services Expands in Hawaii With the Acquisition of Cavanah Associates New Partnership Establishes a Hawaii-Based Presence for USI and Strengthens the Firm’s Commercial and Personal Risk Insurance Expertise VALHALLA, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit, and retirement plan consulting, today…

In the ever-evolving world of global payments, Mastercard isn’t just going with the flow; they’re orchestrating it with the power of AI. Mastercard and AI to the Rescue Thanks to Mastercard, there’s more fumbling for financial institutions. Fresh from yet another partnership, the card giant has turned to AI to thwart payment disruptions and build…

Emotional rollercoaster in the markets Last week, we got some risk aversion in the market as the tensions in the Middle East intensified. In fact, going into the weekend the bearish momentum increased as ABC news reported that the Israeli military got the “green light” to move into Gaza whenever it was ready. Since we…

IO Biotech Announces Encouraging Preliminary Data from Phase 2 Trial Overview IO Biotech, a clinical-stage biopharmaceutical company, recently shared promising preliminary data from its Phase 2 basket trial of IO102-IO103 in combination with Merck’s anti-PD-1 therapy KEYTRUDA® at the ESMO Congress in Madrid. This collaboration, known as IOB-022/KN-D38, is a significant step forward in the…

The Wall Street Journal’s Report on GroupM Raided by Chinese Police Introduction The Wall Street Journal recently reported that Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-based advertising behemoth WPP. Shanghai police’s economic crimes investigation division stated that three suspects at an unnamed advertising company had been…