Fifth Third Bank Agrees to $20 Million Settlement Over Fake Accounts and Illegal Auto Insurance Practices
Fifth Third Bank has agreed to pay $20 million in penalties to settle investigations by the Consumer Financial Protection Bureau (CFPB) into its fraudulent...
Paramount and Skydance to Merge in $28 Billion Deal, Ending Redstone Era
Paramount has announced its merger with Skydance, effectively ending the decades-long influence of the Redstone family in Hollywood. This merger injects much-needed capital into...
South African Rand Dips Following Federal Reserve Chair Powell’s Ambiguous Comments on Interest Rates
The South African rand saw a marginal decrease on Tuesday following Federal Reserve Chair Jerome Powell's testimony in Washington, which failed to provide a...
South African Rand Extends Losses as Markets Await Unity Government’s Economic Reforms
The South African rand continued its downward trend on Tuesday, extending losses from a turbulent start to the week. As of 1530 GMT, the...
Former Microsoft Employee Steve Ballmer Surpasses Bill Gates as World’s Sixth-Richest Person
Steve Ballmer, the former CEO of Microsoft Corporation, has surpassed Bill Gates to become the sixth-richest person in the world, marking the first time...
