On Wednesday, Brazil’s Federal Police executed search and seizure orders on businessman and investor Nelson Tanure as part of the second phase of Operation Compliance Zero, a broad investigation into alleged financial irregularities involving Banco Master and related entities. Tanure is well-known in Brazil’s corporate environment, particularly for his investments in financially distressed enterprises. According
Duolingo stock crashed to its lowest level since August 2024, continuing a downward trend that started in May last year when it peaked at $544. It has dropped by 70% below its all-time high, erasing billions of dollars in value as its valuation plunged to $7.48 billion. CFO departure concerns as management warns of short-term
Capital One stock (NYSE: COF) tumbled nearly 10% in pre-market trading on Monday after President Donald Trump called for a one-year cap on credit card interest rates at 10%. The proposal sent shock waves through the banking sector and immediately triggered alarms about lending profitability and consumer credit access. The announcement, made without implementation details,
After failing to breach the $94,500 resistance zone, Bitcoin price pulled back towards a key support level as macro conditions and a lack of demand have taken their toll on risk appetite, particularly as sticky inflation data dampens hopes for further aggressive rate cuts. The shift in sentiment is visible across the Fear and Greed
India heads into 2026 with headline indicators that would be the envy of many major economies. Growth is strong, inflation is subdued, and political stability remains intact. Yet beneath these reassuring numbers lies a widening disconnect between macro performance and lived economic reality, said a Financial Times report. For investors and policymakers alike, this dichotomy
Ripple, the blockchain payments company, has taken a significant step in the United Kingdom. Its UK subsidiary, Ripple Markets UK Ltd., has officially secured an Electronic Money Institution (EMI) license from the Financial Conduct Authority (FCA). This milestone allows the company to provide payment services and issue electronic money under UK law. The approval also
The US Senate is set to take up broad digital asset market structure legislation next week, with a vote expected on Thursday, according to Senator Tim Scott. The House bill, known as the Digital Asset Market Clarity Act, has received a Senate counterpart, which they call the Responsible Financial Innovation Act, to create a single
Private sector job creation turned positive in December, though hiring came in slightly below expectations, according to data released Wednesday by payrolls processor ADP. Companies added 41,000 jobs during the month, reversing a revised loss of 29,000 in November and offering a modest boost to confidence in a labour market that softened toward the end
Nvidia CEO Jensen Huang dropped a bombshell at CES 2026: the company’s next-generation Vera Rubin AI platform is already in full production. During his Monday keynote, Huang announced that Rubin, a six-chip, extreme-codesigned system built to slash the costs of training and running AI models, is ready for partners this year. The move signals that
Shares of US oil companies surged on Monday, a jump spurred by the potential to gain access to Venezuela’s massive oil reserves. Shares of Chevron, the sole US major currently operating in Venezuela’s oil fields, saw a 6.5% jump in premarket trading, according to a Reuters report. Meanwhile, refiners such as Marathon Petroleum, Phillips 66,