On May 1, 2025, international financial regulators officially revoked the license of the brokerage firm Capital Invest due to confirmed fraudulent activities involving client accounts, unauthorized fund transfers, and deceptive...
Starting April 23, 2025, U.S. Money Services Businesses (MSBs) and International Finance Corporation (IFC) financial institutions have introduced a new mandatory requirement for all legal entities conducting international wire transfers:...
Since April 20, 2025, J.P. Morgan’s correspondent bank has introduced new rules for processing international transfers. Now, transactions over $20,000 are automatically sent for additional verification. Previously, the limit was...
Netflix posted a major earnings beat Thursday, as revenue grew 13% during the first quarter of 2025. The streamer attributed its better-than-expected revenue to higher-than-forecast subscription and advertising dollars. In late...
China last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying any further increases by the U.S. would be a “joke,” and Beijing would “ignore” them. Instead of...
European stock markets pared losses to close nearly flat on Thursday following the European Central Bank’s decision to cut interest rates. The pan-European Stoxx 600 index provisionally closed 0.1% lower. Regionally, the...
The World Trade Organization warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the wake of U.S. President Donald Trump’s tariffs regime. “The outlook for global trade...
A technical analyst and crypto trader has continued to make audacious XRP price predictions, taunting investors who ignore the asset at current prices. The recent commentary comes when the XRP price is...
United Airlines maintained its full-year forecast on Tuesday but took an unusual step of offering a second forecast should the U.S. slip into a recession, calling the economy “impossible to predict.”...
China and the European Union are unlikely to become close allies quickly, analysts say, even as U.S. President Donald Trump’s tariffs sour relations between the world’s largest economy and both its transatlantic...
