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…
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…
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…
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…
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,…
Nvidia’s Stock Surges, Beats Microsoft to Crown It Wall Street’s Most Valuable Company
Nvidia’s staggering stock run carried it to the market’s mountaintop on Tuesday, as it became the most valuable company on…
Nigerian Naira Plummets by 215% Against US Dollar One Year After Foreign Exchange Market Harmonization
One year after the Central Bank of Nigeria (CBN) harmonized the foreign currency market segments in the country, the Nigerian…
Bernard Arnault Tops List of 10 Richest People in the World by May 1, 2024
As of May 1, 2024, Bernard Arnault, the CEO of LVMH, the world’s leading luxury goods company, continues to hold…
