Finance

Wealth tax will destroy economy, says France’s richest man

Wealth tax will destroy economy, says France’s richest man

Over 80pc of the French public approve a wealth tax targeting those with fortunes of €100m or more – Abdul Saboor/Reuters The billionaire owner of luxury goods giant LVMH has warned tha...

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Gen Z fell in love with high-yield cash savings. The Fed just crashed the party.

Gen Z fell in love with high-yield cash savings. The Fed just crashed the party.

“Too many people are falling in the high-yield beautiful trap,” one finfluencer said. As interest rates go lower, they may have to adjust. – MarketWatch photo illustration/iStockphoto G...

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Stablecoin Adoption Set to Surge After GENIUS Act, Hit $4T in Cross-Border Volume: EY Survey

Stablecoin Adoption Set to Surge After GENIUS Act, Hit $4T in Cross-Border Volume: EY Survey

Stablecoin adoption is gaining momentum among corporates and financial institutions driven by regulatory clarity and cost-savings in global money transfers, according to a survey by EY-Parthenon. ...

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Exclusive-South Korea’s President Lee says US investment demands would spark financial crisis

Exclusive-South Korea’s President Lee says US investment demands would spark financial crisis

By Josh Smith, Hyunjoo Jin and Heejung Jung SEOUL (Reuters) -South Korea’s economy could fall into crisis rivalling its 1997 meltdown if the government accepts current U.S. demands in stall...

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Trump’s Relentless Attacks on Fed May Deepen Policy Lag, Send USD Lower

Trump’s Relentless Attacks on Fed May Deepen Policy Lag, Send USD Lower

One of the most controversial features of President Donald Trump’s second term is his relentless criticism of Federal Reserve (Fed) Chair Jerome Powell for maintaining elevated interest rates – a ...

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AI Powers a New Wave in Tidal Energy Development

AI Powers a New Wave in Tidal Energy Development

As our global energy needs continue to soar higher, catalyzed by sweeping integration of artificial intelligence models, more and more investors are taking an all-of-the-above approach to energy g...

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