Finance and Economy

Thai businesswoman Jakapong Jakrajutatip has purchased the Miss Universe Organization for $20 million! The celebrity’s company JKN Global produces Project Runway and Shark Tank in Thailand. #MissUniverse #Jakapong #Thailand #JKNGlobal…

Rishi Sunak has become the first Indian-British Prime Minister in U.K. History at age 42! He is the first non-white person to hold the office, and is being celebrated across…

The Largest Universal Basic Income program to date will begin in Cook county, Illinois! $42 million is allocated for 3250 households that quality to receive $500/mo. for 2 years! #UBI…

Citigroup has set India as a high priority market after global uncertainty in U.S, China and Europe. India has recently seen one of its own, Guatam Adani, surge past Jeff…

Time Magazine has named China’s President Xi Jinping as the most powerful person in the world in September 2022! The article sites his guiding China to its ascent while the…

While the monthly CPI went up 0.1% month over month and was 8.3% year over year, one bright spot is that gas prices continuing to drop! AAA reports the national…

Starbucks has announced the launch of NFTs for their new web3 loyalty program powered by the Polygon blockchain! The collective “stamps” will feature art from Starbucks artists and only require…

The Dow Jones Industrial Average has closed up 377 points, breaking a 3 week losing streak! If the price can stay above the 50 day moving average, and further, reclaim…

Indian Billionaire Gautam Adani has earned nearly $1 billion in 1 day, out performing both Elon Musk and Jeff Bezos combined! Adani Group is a conglomerate and a recent deal…

Mastercard has announced a partnership with Binance, the largest crypto exchange by volume, to enable crypto payments through the Mastercard network! Slowly but surely, crypto assets for everyday use are…

In a sign of cooling inflation in the U.S. gasoline industry, gas prices have dropped a continuous 71 days in a row! Average prices are now $3.88/gal. Let’s hope prices…

Beating Tesla to the punch, Chinese giant Xiaomi has released the CyberOne humanoid robot for about $104,000 USD. The AI powered robot can recognize humans and expressions, and stands 177…

BlackRock, with over $10 trillion in assets under management, has announced the availability of a spot Bitcoin trust for its institutional investors. BlackRock has partnered with Coinbase, and sees broad…

A deal between Russia and Ukraine to allow shipments of grain for global consumption has brought the price of wheat down to pre-war levels! https://markets.businessinsider.com/news/commodities/food-crisis-wheat-price-russia-ukraine-war-grain-inflation-hunger-2022-7

American car maker Cadillac has revealed a sleek new future EV for its lineup! The Celestiq ultra-luxury EV will make its debut July 22nd! https://insideevs.com/news/598145/cadillac-teases-celestiq-show-car-fastback-body-lavish-interior/

Microsoft founder Bill Gates announces donating $20 billion of his wealth to the Bill and Melinda Gates Foundation for philanthropy. Love him or hate him, it’s a gesture of grand…

The Financial Stability Board of the G20 has announced it will release global regulation for the crypto currency market in October 2022. This is a welcome change that will further…

The Chinese economy showed signs of growth in PMI numbers since Covid lockdowns in February. As the world’s economic engine, we welcome their speedy economic recovery! https://www.cnn.com/2022/06/30/economy/china-economy-pmi-covid-intl-hnk/index.html

As the price of Bitcoin reached $61,700, its market cap ($1.15 trillion) has surpassed the combined market cap of Visa and Mastercard ($871 billion) as well as the combined market…

Following 2 weeks of corrections, Bitcoin, the king of cryptocurrencies has passed $60,000 per coin today! The crypto asset is on track to reach estimates by JP Morgan, Citibank, Goldman…