World and Business

Billionaire Elon Musk has stirred controversy once again, this time calling for the outright elimination of the Consumer Financial Protection Bureau (CFPB). In a late-night post on his social media platform, X, the Tesla CEO and influential adviser to the incoming Trump administration argued that the CFPB is redundant and overly burdensome. “Delete CFPB. There […]

The global Earth Observation (EO) market is on a trajectory of remarkable growth, with its valuation expected to surge past $8 billion by 2033, up from $5 billion today, according to a new report from Novaspace, a merger of Euroconsult and SpaceTec Partners. This upward trend underscores the increasing importance of EO technology across industries,

The stablecoin market has reached a remarkable milestone, with its capitalization soaring to $190 billion, according to recent data from DeFiLlama. This unprecedented growth underscores the transformative potential of stablecoins in reshaping global finance. Analysts suggest that regulatory clarity, particularly under the Trump administration, could further accelerate this trend, paving the way for greater adoption

Warren Buffett, one of the most successful investors in history, has long been known for his strategy of buying great businesses at fair prices. Despite his reluctance towards tech stocks in the past, Amazon (AMZN) has become one of the standout holdings in his Berkshire Hathaway portfolio. Even though it wasn’t initially Buffett’s idea to

TowneBank (NASDAQ: TOWN), a trusted financial institution headquartered in Hampton Roads, Virginia, has announced its fourth-quarter cash dividend of $0.25 per common share. The dividend will be payable on January 14, 2025, to shareholders of record as of December 31, 2024, highlighting the bank’s commitment to rewarding its investors and reinforcing its reputation as a

In a significant move to address mounting fiscal concerns, Brazil’s Finance Minister Fernando Haddad announced a plan to slash 70 billion reais ($11.8 billion) in public spending through 2026. The measures are aimed at restoring investor confidence in the face of ballooning deficits and turbulent market conditions. This comprehensive package includes capping high salaries for

Photronics, Inc. (Nasdaq: PLAB), a global leader in photomask technology, is set to release its financial results for the fourth quarter of fiscal 2024 on December 11, 2024, before the U.S. stock market opens. Following the release, the company will host a public conference call at 8:30 a.m. ET, providing an opportunity for analysts, investors,

Marathon Digital (MARA), a leading Bitcoin mining company, has made waves in the cryptocurrency world this month with its massive Bitcoin acquisitions. In November alone, Marathon purchased 6,474 BTC, including an additional 703 BTC just last week, solidifying its position as a dominant corporate Bitcoin holder. With $160 million in cash reserves earmarked for future