In a move that surprised few but disappointed some hoping for a rate cut, the Bank of England (BoE) today announced it is holding its base interest rate steady at 5%. This decision, coming amidst a backdrop of persistent inflation and growing global economic uncertainty, underscores the delicate balancing act …

The seemingly disparate worlds of the Dogecoin cryptocurrency and the Social Security Administration (SSA) have collided in an unexpected investigation. Ten employees of the Dogecoin Foundation, a non-profit organization supporting the development of the Dogecoin cryptocurrency, are currently embedded within the SSA, working on a specialized project focused on identifying …

The United States Postal Service (USPS) announced a significant restructuring plan, resulting in the elimination of 10,000 jobs. This drastic measure follows a controversial agreement with SpaceX and Tesla CEO Elon Musk’s company, involving the cryptocurrency Dogecoin (DOGE). The deal, shrouded in secrecy and sparking widespread debate, has left many …

The financial world is watching closely as State Street, a global giant in asset management and custody banking, faces the potential loss of a staggering $52 billion Swiss pension mandate. This significant development raises crucial questions about the future of State Street’s European operations, the implications for the Swiss pension …

The European Union’s iron and steel sector has demonstrated remarkable resilience and strength, exporting a staggering €77.8 billion worth of products in 2024. This significant figure represents a substantial increase compared to previous years, highlighting the EU’s continued dominance in the global iron and steel market. This surge in exports …