In the US, a significant shift toward protectionist policies is altering the global trading scene. The once unanimously supported concept of free trade is facing scrutiny as the nation deals with evolving industrial trends, labor markets, and intensified global competition. These developments are
In Washington, a critical deadline looms, bringing with it a high sense of urgency. The White House and congressional leaders are engaged in urgent talks to fund the Department of Homeland Security. The negotiations have high political stakes, and the threat of a government shutdown looms, which
Cantrell Dumas of the CFTC's Derivatives Policy division is raising concerns over the recent proposal concerning customer fund safety in the event of a DCO bankruptcy. The proposal, while focusing on segregating customer funds—which stems from high-profile bankruptcy cases like that of FTX—does not
Major tech companies, such as Microsoft and Apple, experienced significant stock losses, contributing to a downturn in the US equity market. This drop is partly attributed to nerves surrounding a 'triple witching' day, when three types of securities expire, stirring market volatility. Additionally,
In an ever-shifting global economic arena, discerning future trends of markets is a task that demands keen insight and anticipation. The Q2 2024 Global Outlook report, authored by esteemed analysts Ajay Rajadhyaksha and Amrut Nashikkar, is an indispensable tool for navigating these complex
S&P Global Market Intelligence has recently upgraded its prognosis for the worldwide economy, infusing a dose of optimism into the global economic outlook. The firm now predicts that the annual real GDP growth rate for 2024 will be a robust 2.6%, elevated from an earlier forecast of 2.3%. This
The European banking sector finds itself at a pivotal juncture, grappling with a suite of complex challenges such as economic instability and the rapid pace of technological change. In an environment marked by fierce competition and a demand for innovation, banks are under substantial pressure to
Michael Saylor’s strategic maneuver to use MicroStrategy's treasury for major Bitcoin investments has sent shockwaves through the world of corporate finance. Deviating from conventional cash reserve tactics, Saylor has placed a high-stakes bet on the cryptocurrency, a move that not only holds
In the ever-changing landscape of finance and business, staying ahead of the curve is crucial. One significant development that demands attention is the Securities and Exchange Commission’s (SEC) newly announced Cybersecurity Disclosure Rules, set to take effect in December. These rules, announced
How quick-service restaurants can improve their employee retention strategies The restaurant industry has always faced challenges in recruiting and retaining employees. Quick-service restaurants (QSRs) have experienced higher-than-average turnover rates reaching about 144% . In fact, a 2022 study
