What is quantitative easing, and how does it work?
Quantitative easing (QE), explained Quantitative easing (QE) is a non-traditional monetary policy tool used by central banks, particularly when interest…
Revolut doubles profits to $1.3B on user growth, crypto trading boom
Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024,…
DeFi platform KiloEx to compensate users impacted by $7.5M hack
Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut…
Shaquille O’Neal reaches settlement in FTX lawsuit, terms remain secret
Shaquille O'Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April…
DC home inventory skyrockets by 47% following Trump admin’s federal layoffs
While home inventory was previously "tight" in the D.C. area, listings recently shot up by 47% following Washington's layoffs and…
Boeing CEO says trade uncertainty, China tensions not expected to affect aerospace giant’s rebound
Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions…
China accuses US of ‘bullying’ the world with tariffs at UN meeting
China led an informal U.N. Security Council meeting in which it accused the U.S. of using tariff policies to "bully"…
Capital One CEO says US consumers are in ‘good shape,’ but there are ‘worrying signs’
Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the financial…
Tariff-induced price hikes, trade worries highlighted in Fed’s Beige Book
The Federal Reserve's Beige Book found that businesses around the U.S. are seeing costs rise due to tariffs, which will…