Global Economic Outlook

Is the US Dollar Losing Its Global Grip? Central Banks Are Gradually Moving Away

Is the US Dollar Losing Its Global Grip? Central Banks Are Gradually Moving Away

The US dollar has long been considered the cornerstone of global forex reserves, but recent trends indicate a subtle yet significant shift. According to the International Monetary Fund (IMF), the dollar's share in these reserves has fallen from over...

Business Announcements

Nippon Steel Acquires U.S. Steel for $14.9 Billion in Landmark Deal

Nippon Steel Acquires U.S. Steel for $14.9 Billion in Landmark Deal

In a groundbreaking move, the iconic U.S. Steel Corporation, with a storied 122-year history, is poised to undergo a major transformation. Japanese powerhouse Nippon Steel has secured a deal worth $14.9 billion to acqui...

Cryptocurrency Trading

Ethereum Surpasses Bitcoin as Top Cryptocurrency Performer of 2024

Ethereum Surpasses Bitcoin as Top Cryptocurrency Performer of 2024

In the ever-evolving landscape of cryptocurrencies, Ethereum has emerged as the top performer of 2024, outshining its formidable rival Bitcoin. While Bitcoin has undoubtedly captured attention with its recent surge, Ethereum's ascent to the forefron...

Industry Insights

SpaceX Scandal: Allegations of a Secret Romance Between Elon Musk and Former Intern

SpaceX Scandal: Allegations of a Secret Romance Between Elon Musk and Former Intern

A new report by The Wall Street Journal has brought to light allegations of a brief romantic relationship between Elon Musk and a former SpaceX intern. This revelation comes amidst ongoing scrutiny of SpaceX over workpl...